Coverage of Top Gainers Ocean Power Technologies, Harsco, and Cree

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces its coverage of market signals with highlight on these Top Gainers from Thursday’s session: Ocean Power Technologies, Inc. (NASDAQ: OPTT), Harsco Corp (NYSE: HSC) and Cree, Inc. (NASDAQ: CREE). Register with us now for your free membership and get more at:

http://www.activewallst.com/register/

Stock Market Update

On Thursday, July 14, 2016, U.S. stocks extended their run into the record books as the Dow Jones Industrial Average and the S&P 500 notched all-time closing highs. Stronger-than-expected results from large financial institutions, as well as upbeat economic data, propelled the climb.

The Dow Industrial rose 134.29 points, or 0.73%, to close at 18,506.41. The blue-chip gauge registered its third consecutive record close. The S&P 500 gained 11.32 points, or 0.53%, to close at 2,163.75. The index closed at an all-time high for a fourth consecutive day. The NASDAQ Composite Index climbed 28.33 points, or 0.57%, to finish at 5,034.06, its highest close so far for 2016.

Today, AWS is promoting its market signals coverage with emphasis on OPTT, HSC and CREE. Get all of our reports for free by signing up to http://www.activewallst.com/register/.

Top Gainers – Ocean Power Technologies

On Thursday, shares of Ocean Power Technologies, Inc. surged 61.43% to close at $4.73, the company announced the deployment of its commercial design of the PB3 PowerBuoy® approximately four miles off the coast of New Jersey. The company anticipates that this deployment will be the final validation of the PB3 prior to the anticipated March 2017 six-month lease of the PB3 PowerBuoy under a previously announced customer agreement.

At the close yesterday, the stock recorded trading volume of 8.44 million shares, which was higher than its three months average volume of 564,970 shares. Ocean Power Technologies’ shares have advanced 35.14% in the past month. Register for your free notes on OPTT at: http://www.activewallst.com/registration-3/?symbol=OPTT.

Top Gainers – Harsco

Shares of Harsco Corp. advanced 12.42% on Thursday. Harsco’s stock rose in the wake of releasing its preliminary results for the second quarter. The steel producer said that it expects to report GAAP operating income just above the breakeven mark at just $1 million. Excluding the loss provision related to railway maintenance equipment contracts, Harsco’s $41 million adjusted operating income was 50% to 85% higher than the previous range that the company had provided. Harsco pointed to its metals and minerals segment as the catalyst for the strong performance, and said that its Project Orion efforts to impose operating discipline on its business internally have paid off. In addition, the company boosted its full-year guidance for operating income.

At the close yesterday, a total of 2.81 million shares changed hands during the session. Harsco’s shares have advanced 40.75% in the past one month and 46.92% in the previous three months. Get more from this stock at: http://www.activewallst.com/registration-3/?symbol=HSC.

Top Gainers – Cree

On Thursday, shares of Cree, Inc. gained 10.61% to finish the trading session at $27.74. Earlier on Wednesday, July 13, the company said that it had agreed to sell its Wolfspeed power and radio-frequency division to Infineon Technologies in a deal worth $850 million. The two companies expect the deal to close by the end of the calendar year.

In addition, Cree announced preliminary results for its fiscal fourth-quarter revenue, saying that it expects sales of about $388 million near the top of its previous guidance range.

At the closing bell on Thursday, a total of 5.43 million share changed hands as compared to the three month average volume of 1.05 million shares. The company’s stock has advanced 12.67% in the last one month and 4.01% since the beginning of the year. Sign up now, and access notes on CREE at: http://www.activewallst.com/registration-3/?symbol=CREE.

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