Dallas 7/30/2010 10:39:36 PM
News / Business

NASDAQ Most Advanced After Hours Stocks: MCBC, OREX, PWER

NASDAQ Stocks

Macatawa Bank Corporation (NASDAQ: MCBC) closed at $2.35 in the After-Market session on 29 Jul. The stock was up $0.81 a huge jump of 52.60% from the close of the market hours, with volumes of 5,154 shares. It has a 52-week trading range of $1.10 - $3.23. The stock closed above its 20 ($1.47), 50 ($1.44) and 200 ($1.3) day moving averages in the after-market hour session. The company reported Q2 EPS of $0.10, compared to an EPS of -$1.82 in the prior year. It has a Market Capitalisation of $27.25 million.

 

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Macatawa Bank Corporation is the holding company of, Macatawa Bank; engaged in commercial banking business. Macatawa Bank provides various brokerage services, including discount brokerage through Infinex, personal financial planning and consultation regarding mutual funds. The Company’s subsidiaries also include Macatawa Statutory Trust I and Macatawa Statutory Trust II.

 

Orexigen Therapeutics, Inc. (NASDAQ: OREX) closed at $5.5 in the After-Market session on 29 Jul. The stock was up $0.75 a good 15.73% jump from the close of the market hours, with volumes of 53,298 shares. It has a 52-week trading range of $3.81 - $10.83. The stock closed above its 20 ($4.74), 50 ($4.74) and 200 ($4.69) day moving averages in the after-market hour session. The company results of COR-I trail of Contrave drug, that patients were 2-3 times more likely to lose 5-10% weight compared to Placebo drug. It has a Market Capitalisation of $224.28 million.

Orexigen Therapeutics, Inc. is a biopharmaceutical company focused on the development of pharmaceutical product candidates for the treatment of obesity. These product candidates regulate appetite and energy expenditure through the central nervous system (CNS).

 

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Power-One, Inc. (NASDAQ: PWER) closed at $11.42 in the After-Market session on 29 Jul. The stock was up $1.46 a good 14.66% jump from the close of the market hours, with good volumes of 728,789 shares. It has a 52-week trading range of $1.19 - $10.28. The stock closed above its 20 ($9.93), 50 ($10.00) and 200 ($9.34) day moving averages in the after-market hour session. The company reported Q2 EPS of $0.17, compared to an EPS of -$0.08 in the prior year and beating market estimates of $0.10. It has a Market Capitalisation of $880.48 million.

Power-One, Inc. is a designer and manufacturer of energy-efficient power conversion and power management solutions for renewable/alternative energy. Its products convert process and manage electrical energy, in both alternating current (AC) and direct current (DC) form. In the renewable energy market, it sells a range of products of high-efficiency inverters. It sells its renewable energy products for residential, commercial and utility installations.

 

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