Small Cap Watch: These 4 Stocks Are Making Big Moves Today
NEW YORK, NY / ACCESSWIRE / April 27, 2016 / The Stock Expert is issuing a report on four stocks that are performing well this Tuesday. SRPT, LGCY, ORIG and AMRS are on high volume alert. Continue reading to find out why. – To get daily alerts on the hottest stocks on the Nasdaq/NYSE subscribe to our newsletter at TheStockExpert.com.
Legacy Reserves LP (NASDAQ: LGCY) The company acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States.
When we first alerted you on LGCY, the stock has been one of the hottest stocks on the Nasdaq in April, tripling its share price in just 1 months, rarely with a down day.
LGCY is continuing this trend even higher today, up over 17% off heavier than usual volume. For the past 4 trading periods, LGCY has been the recipient of an influx of volume, however, with an RSI (relative strength index) of 86.70, the stock may need a little time to cool off before going higher.
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Ocean Rig UDW Inc. (NASDAQ: ORIG) Is an offshore drilling contractor, which provides oilfield services for offshore oil and gas exploration, development, and production drilling worldwide.
Like LGCY, ORIG has been one of the hottest stocks on the Nasdaq this month, trading higher by about 100% in April, with very few down days.
The stock is also getting a boost after announcing the acquisition of Ultra Deepwater Drillship just two days ago. – ORIG and LGCY have a lot of momentum moving into next month.
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Sarepta Therapeutics, Inc. (NASDAQ: SRPT) Is an agricultural biotechnology company that engages in crop seed breeding and genetic improvement activities in the Peoples Republic of China.
Shares of SRPT are trading lower today by off heavier than usual volume this morning after an FDA advisory panel has recommended against approving Sarepta Therapeutics’ promising drug for DMD.
SRPT hit its 52 week low after the news yesterday after a massive selloff occurred and today appears to be a continuation of the trend.
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Amyris, Inc. (NASDAQ: AMRS) The Company provides various alternatives to a range of petroleum-sourced products worldwide.
Shares of AMRS are trading higher today by over 20% after announcing the execution of their five year Biofene supply agreement with a global nutraceuticals company, expects total revenue from the agreement to be more than $100 million.
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