Dallas 7/28/2010 1:01:27 AM
News / Business

Small Cap Stock Gainers: CIGX, OREX, HWAY

Small Cap Stock

Star Scientific Inc (NASDAQ: CIGX):Star Scientific Inc., is a technology oriented company with a mission to reduce the harmful effects associated with tobacco at every level. The company is engaged in development of low tobacco specific nitrosamines and non fermented smokeless tobacco products. Star Scientific is also involved in development of disposable tobacco products that deliver fewer carcinogenic toxins. The company shares prices yesterday rose after a website posted information regarding the takeover speculation of the company.

 

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Star Scientific, shares are currently down 2.82% to $2.07. The company shares have 52 week price range of $0.51 and $3.69. The company shares have 50 day moving average of $1.61 and 200 day moving average of $1.29. Star Scientific, shares have support and resistance levels of $1.70 and $2.44.

 

Orexigen Therapeutics Inc., (NASDAQ: OREX):Orexigen Therapeutics is a bio-pharmaceutical company focused on development of pharmaceutical product candidate for treatment of obesity. Its combination product candidates targeted for obesity are Contrave, which has completed Phase III clinical trials, Empatic, which has completed Phase II clinical trials. Orexigen’s experimental weight loss drug Contrave helped obese patients with diabetes slim down and control their blood sugar, according to a company sponsored study.

 

Orexigen Therapeutics, shares are currently up 1.26% to $4.96. The company shares have 52 week price range of $3.81 and $10.83. The company shares have 50 day moving average of $4.73 and 200 day moving average of $6.32. Orexigen, shares have support and resistance levels of $4.15 and $5.10.

 

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Healthways Inc (NASDAQ: HWAY):Healthways, shares are currently up 1.78% to $14.83. The company shares have 52 week price range of $11.44 and $19.50. The company shares have 50 day moving average of $13.25 and 200 day moving average of $15.91. Healthways, shares have support and resistance levels of $12.34 and $16.41.

 

Healthways is a leading provider of specialized, comprehensive solutions to help millions of people to maintain or improve their health. The company last week announced its results for second quarter ended June 30 2010. Total revenues for the quarter were $175.5 million dollars compared to $177.8 million for the second quarter in 2009. The company reported second quarter 2010 net income of $11.8 million or 34 cents per diluted shares compared to $8.9 million or 26 cents per diluted share announced a year earlier.

 

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