Dallas 3/23/2011 8:19:03 AM
News / Finance

WWE, ZAGG, HITK, CPNO, SWSH: Momentum Stocks of the Day

Momentum Stocks of the Day: WWE, ZAGG, HITK, CPNO, SWSH

World Wrestling Entertainment (NYSE:WWE) has gained 0.17% or two cents a share to settle at $12.07 with a volume of 176,000 shares. For the past 52 weeks the stock has been trading between $11.50 at $18.95 with an average volume of 438,000 shares. Company has a market cap of $893 million and trades with an average beta of 0.67.

World Wrestling Entertainment, Inc. (WWE) is an integrated media and entertainment company. The Company's operation consists of four segments: Live and Televised Entertainment, Consumer Products, Digital Media and WWE Studios. Live and Televised Entertainment's revenues consists principally of ticket sales to live events, sales of merchandise at these live events, television rights fees, sales of television advertising and sponsorships, and fees for viewing its pay-per-view and video on demand programming.

Zagg Inc. (NASDAQ:ZAGG) has lost 4.96% to settle at $6.29 with a volume of 1.24 million shares. For the past 52 weeks the stock has been trading between $1.90 a share and $10.56 a share with an average volume of 927,000 shares. Company has a market cap of $148 million and has 23.66 million outstanding common shares.

ZAGG Incorporated (ZAGG) designs, manufactures and distributes protective coverings, audio accessories and power solutions for consumer electronic and hand-held devices under the brand names invisibleSHIELD, ZAGGaudio, and ZAGGskins. The invisibleSHIELD is designed for iPods, laptops, cell phones, digital cameras, personal digital assistants (PDAs), watch faces, global positioning (GPS) systems, gaming devices, and other items.

Hi-Tech Pharmacal Co. (NASDAQ:HITK) has gained 0.15% to settle at $19.90 a share with a volume of 90,216 shares. For the past 52 weeks the stock has been trading between $16.69 and $26.18 with an average volume of 100,296 shares. Company has a market cap of $252 million and has 12.67 million in outstanding common shares.

Hi-Tech Pharmacal Co., Inc. (Hi-Tech) is a specialty manufacturer and marketer of prescription, over-the-counter (OTC) and nutritional products. The Company develops, manufactures and markets products in three categories: generics, prescription brands and OTC brands. It produces a range of products for various disease states, including glaucoma, asthma, bronchial disorders, dermatological disorders, allergies, pain, stomach, oral care and other conditions.

Copano Energy, LLC (NASDAQ:CPNO) has gained 2.65% to settle at $34.92 a share with a volume of 310,000. For the past 52 weeks the stock has been trading between $21.53 and $32.40 with an average market cap of $2.3 billion. Company has 66 million in outstanding common shares and trades with an average beta of 0.93.

Copano Energy, L.L.C. (Copano) is an energy company engaged in the business of providing midstream services to natural gas producers, including natural gas gathering, compression, dehydration, treating, marketing, transportation, processing, conditioning and fractionation services. Copano's assets include approximately 6,400 miles of active natural gas gathering and transmission pipelines and seven natural gas processing plants, with over one billion cubic feet per day (Bcf/d) of combined processing capacity.

Swisher Hygiene, Inc. (NASDAQ:SWSH) has lost 0.3% to settle at $6.14 with a volume of 414,000 shares. For the past 52 weeks the stock has been trading between $1.04 and $6.83 with an average volume of 704,000 shares. Company has a market cap of $838 million and trades with an average beta of 0.7.

Swisher Hygiene Inc. (Swisher Hygiene), formerly CoolBrands International Inc, provides hygiene solutions to customers throughout North America and internationally through its global network of 65 company-owned operations, 12 franchises and 10 master licensees covering the United Kingdom, Ireland, Portugal, the Netherlands, Singapore, the Philippines, Taiwan, Korea, Hong Kong/Macau/China, and Mexico.

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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.

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