Conneticut 3/5/2013 1:16:27 AM
News / Stocks

Hot Movers To Watch - MGIC Investment Corp. (NYSE:MTG), Ferro Corporation (NYSE:FOE), Boyd Gaming Corporation (NYSE:BYD), Stratasys

MGIC Investment Corp. (NYSE:MTG) surged +10.03% to $4.18 in the mid-day with the total traded volume of 15.81 million shares.

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MGIC Investment Corp. (NYSE:MTG) surged +10.03% to $4.18 in the mid-day with the total traded volume of 15.81 million shares. Its fifty two week range was $0.66-$5.15. The total market capitalization remained $862.68 billion.


MTG is ahead its 52 week low with 524.24% and its last month price volatility remained 18.18%. Its beta coefficient was 3.32 with a target price of $1.58. In its share capital MTG has 202.03million outstanding shares while 199.06 billion shares have been floated in market. MTG has insider ownership of 2.80% with its institutional ownership remained 77.72%.

Ferro Corporation (NYSE:FOE) shares moved up after the report that A. Schulman Inc declared that it has made an offer to the Board of Directors of Ferro Corp to acquire all of the outstanding shares of Ferro common stock for per-share consideration of $6.50, representing a projected total initial value of almost $855 million including total indebtedness.

In the mid-day, Ferro Corporation (NYSE:FOE) jumped +30.96% to $6.82 and its total traded volume was 9.33 million shares.

Boyd Gaming Corporation (NYSE:BYD) fourth-quarter loss extended, pulled down by a large damage charge related to the casino operator's decision against continuing with the development of the Echelon site on the Las Vegas Strip.

In the mid-day trading hours, Boyd Gaming Corporation (NYSE:BYD) reported the gain of +10.06% to $7.11 with the total traded volume 4.17 million shares.

Stratasys, Ltd. (NASDAQ:SSYS) shares went up after fourth quarter outlook. During the mid-day trading session, Stratasys, Ltd. (NASDAQ:SSYS) moved up +7.14% to $68.79 and its total traded volume was 2.24 million shares. SSYS has earnings per share of $0.85 and its price to earnings ratio ended at 81.18. SSYS has market cap of 2.47 billion.

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