Dallas 3/9/2011 9:59:41 AM
News / Finance

SEIC, ANCI, FLEX, SHAW, BCOND: Tuesday's Movers and Shakers

Tuesday's Movers and Shakers: SEIC, ANCI, FLEX, SHAW, BCOND

SEI Investments Co. (NASDAQ:SEIC) has gained 2.54% or $.57 to settle at $23.01 a share with a volume of 380,000. For the past 52 weeks the stock has been trading between $22.43 and $24.88 with an average volume of 1 million shares. Company has a market cap of $4.3 billion and a beta of 1.06.

SEI Investments Company (SEI) is a provider of investment processing, fund processing and investment management business outsourcing solutions, which help corporations, financial institutions, financial advisors, and families create and manage wealth.

American Caresource Holdings, Inc. (NASDAQ:ANCI) has gained 6.3% or $.11 a share to settle at $1.72 with a volume of 55,000 shares. Company has been trading between $1.30 and $2.38 with an average volume of 20,000 shares. Company has a market cap of 29 million and a beta of 0.24.

American CareSource Holdings, Inc. (ACS) is an ancillary benefits management company that offers access to network of ancillary healthcare service providers. The Company's clients are national, regional and local health plans, which include preferred provider organizations (PPOs), third party administrators (TPAs), insurance companies, self-funded organizations and Taft-Hartley union plans (i.e., employee benefit plans that are self-administered under collective bargaining agreements), that engage the Company to provide them with a complete outsourced solution designed to manage each payor's obligations to its covered persons.

Flextronics International (NASDAQ:FLEX) has gained 1.4% or $.11 to settle at $7.94 a share with a volume of 2.70 4 million shares. Company has been trading between $4.86 and $8.50 for the past 52 weeks with an average volume of 7 million shares. It has a market cap of $6 billion and a beta of 2.34.

Flextronics International Ltd. (Flextronics) is a provider of vertically-integrated advanced design and electronics manufacturing services (EMS) to original equipment manufacturers (OEMs). It provides these services to various markets, which include infrastructure, mobile communication devices, computing, consumer digital devices, industrial, semiconductor capital equipment, clean technology, aerospace and defense, and white goods, automotive and marine and medical devices.

The Shaw Group (NYSE:SHAW) has gained 2.08% or $.83 a share to settle at $40.67 with a 256,000 volume. For the past 52 weeks the stock has been trading between $29.56 and $41.62 within average volume of 1 million shares. Company has a market cap of $3.46 billion and a beta of 1.15.

The Shaw Group Inc. (Shaw) is a provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation and facilities management services to a diverse client base that includes multinational and national oil companies and industrial corporations, regulated utilities, independent and merchant power producers, and government agencies.

Beacon Power Corp. (NASDAQ:BCOND) has gained 0.81% or two cents a share to settle at $2.73 with a volume of 113,000 shares. For the past 52 weeks the stock has been trading between $1.75 and $5.20 with an average volume of 560,000 shares. The company has a market cap of 54 million dollars with a beta of 1.61.

Beacon Power Corporation is a development stage company. The Company along with its subsidiaries, designs, manufactures and operates flywheel-based energy storage systems. The focus of its research and development has been to establish flywheel-based energy storage technologies that can provide energy solutions for the worldwide electricity grid.

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