The market remained in high spirits as it rebounded after some sour trading days in the week. See which stocks topped the list as the highest penny stock gainers for Thursday’s trading period down below.
Arrowhead Research Corp (Public, NASDAQ:ARWR) shot up 42.06% to a trading price of $0.760 per stock, opening the day at $0.76. Overall traded volume shot up to 1.72M, leaving behind its average volume of 163,318.00. Market capitalization stood at 56.53M, followed by an EPS of -0.11.
Arrowhead Research Corporation has announced the publication of data from Ablaris Therapeutics, Inc.’s lead drug candidate, Adipotide™, demonstrating weight loss and reduction in body mass index and abdominal circumference in obese rhesus monkeys.
SMTC Corporation (USA) (Public, NASDAQ:SMTX) after opening the day at $2.25, SMTC Corp. increased by 28.36% to a price of $2.58 early Thursday morning. Overall traded volume rose to 137,949.00, bypassing its average volume of 84,647.00. Market capitalization stood at 40.29M, followed by an EPS of 0.43 and a P/E of 6.05.
Clean Diesel Technologies, Inc. (Public, NASDAQ:CDTI) rose to a trading volume of 673,074.00, bypassing its average volume of 410,273.00, as the company itself increased by 9.66% to a price of $3.86 per stock. Market capitalization stood at 27.66M, alongside an EPS of -4.58.
Chinacast Education Corporation (Public, NASDAQ:CAST) gained 7.84% to a price of $3.99 per stock, opening the day at $4.19 per stock. Overall traded volume rose to 148,263.00, its average volume being 308,576.00. Market capitalization stood at 195.46M, accompanied by an EPS of 0.27 and a P/E of 14.88.
Chinacast Education Corporation announced that for fiscal 2011, the Company reiterates its guidance as follows: Total net revenue is expected to be between $97 million to $99 million representing a year-on-year increase of 24% to 27%
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