Encore Capital (NASDAQ:ECPG) has lost 4.52% or $1.23 to settle at $26 a share with a volume of 777,000 shares. For the past 52 weeks the stock has been trading between $16.42 and $27.67 with an average volume of 87,000 shares. Companies market capitalization of $625 million with a trailing 12 month P/E ratio of 13.33.
Encore Capital Group, Inc. (Encore) is a purchaser and manager of charged-off consumer receivable portfolios and, through its wholly owned subsidiary, Ascension Capital Group, Inc. (Ascension), a provider of bankruptcy services to the finance industry. The Company acquires receivable portfolios at discounts from their face values using its valuation process that is based upon an analysis of the individual consumer attributes of the underlying accounts.
Exeter Resource Corporation Ord. (AMEX:XRA) has gained 0.56% or three cents a share to settle at $5.36 with a volume of 300,000 shares traded by the close. For the past 52 weeks the stock has been trading between $5.00 and $9.41 with an average volume of 428,000 shares. The company's market capitalization is currently at $460 million.
Exeter Resource Corporation (Exeter) is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties located in Argentina and Chile. The Company has two principal projects: the Caspiche project in the Maricunga region of Northern Chile, and the Cerro Moro project in Patagonia, Argentina. The Caspiche Project is located in the Maricunga Belt of Chile. Andina Minerals new Volcan gold deposit lies 35 kilometers north northeast of Caspiche. Cerro Moro is located in north-eastern Santa Cruz Province.
Chesapeake Lodging Trust (NYSE:CHSP) has lost 4.19% or $.78 a share to settle at $17.82 with a volume of 7.4 million shares. For the past 52 weeks the stock has been trading between $15.06 and $20.22 with an average volume of 108,000 shares and a market capitalization of $332 million.
Chesapeake Lodging Trust, formerly Crown Hospitality Trust, is a real estate investment trust. The Company is a self-advised hotel investment company. It is focused on its investments primarily in upper upscale hotels in business, airport and convention markets, and on a selective basis, select-service hotels in urban settings or locations in the United States.
Genmark Diagnostics (NASDAQ:GNMK) has gained 4.2% or $.17 a share to settle at $4.28 with a light volume of 1800 shares compared to its average three-month volume of 14,500 shares. For the past 52 weeks the stock has been trading between $2.97 and $5.34 with a market capitalization of $50.2 million.
GenMark Diagnostics, Inc. (GenMark) is a molecular diagnostics company focused on developing and commercializing its eSensor detection technology. The Company's electrochemical technology enables detection of up to 72 distinct biomarkers in a single sample. Its XT-8 System has received 510(k) clearance from the United States Food and Drug Administration (FDA), and is designed to support a range of molecular diagnostic tests with a compact workstation and self-contained, disposable test cartridges.
Zoran Corporation (NASDAQ:ZRAN) has lost 3.3% or $.34 to settle at $10.97 with a volume of 1.5 million shares traded by market close. For the past 52 weeks the stock has been trading between $5.98 and $12.04 a share with an average volume of 800,000 shares. Company has a market capitalization of $538 million.
Zoran Corporation is a provider of digital solutions in the digital entertainment and digital imaging market. Zoran has pioneered high-performance digital audio and video, imaging applications, and Connect Share Entertain technologies for the digital home.
OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. Always do you own homework before investing in any stock.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCpicks.com has not been compensated for any current or recent stocks listed in this stock news report