Dallas 3/24/2011 8:29:43 AM
News / Finance

GGR, EMR, IMAX, OFIX, ELSE: Wednesday Roundup of Active Microcap Companies

Wednesday Roundup of Active Microcap Companies: GGR, EMR, IMAX, OFIX, ELSE

Geoglobal Resources (AMEX:GGR) has gained 5.50% or $0.0375 settle at $.71 a share with a volume of 912,000. For the past 52 weeks the stock has been trading between $.61 and $1.95 with an average volume of 112,028. Company has a market cap of 58 million and a beta of 2.49.

GeoGlobal Resources Inc., through its subsidiaries, is engaged in the exploration for and development of oil and natural gas reserves. In May 2009, the Company started production from one field in the Tarapur block and produced 10,856 barrels of oil. It also have proved reserves in this field of 117.6 thousand barrels (MBbls) of oil and 88.5 thousand cubic feet (MMcf) of natural gas and probable reserves of 513.1 thousand barrels (MBbls) of oil and 695.6 MMcf of natural gas.

IMAX Corp. (NYSE:IMAX) has lost 0.23% or $.06 share to settle at $26.60 with a volume of 375,140. For the past 52 weeks the stock has been trading between $12.10 and $32.30 with a P/E ratio of 18.24 and a beta of 1.56.

IMAX Corporation together with its wholly owned subsidiaries, is an entertainment technology company, specializing in motion picture technologies and large-format motion picture presentations. The Company is engaged in designing and manufacturing of large-format digital and film-based theater systems (IMAX theater systems) and the sale or lease of such IMAX theater systems.

Orthofix International NV (NASDAQ:OFIX) has lost 1.12% or $.36 a share to settle at $31.81 with a volume of 54,040. For the past two weeks the stock has been trading between $26 and $38.06 with an average volume of 132,000 shares. Company has a market cap of 583 million shares and a beta of 1.08.

Orthofix International N.V. (Orthofix) is a diversified orthopedic products company offering a line of surgical and non-surgical products for the spine, orthopedics, sports medicine and vascular market sectors. The Company operates in four segments: Domestic, Spinal Implants and Biologics, Breg, and International.

Emerson Electric (NYSE:EMR) has lost 0.26% or 0.15 a share to settle at $57.27 with a volume of 4 million. For the past 52 weeks the stock has been trading between $42.69 and $64.56 with an average volume of 3.96 million shares. Company has a market capitalization of $45.41 billion and a beta of 1.18

Emerson Electric Co. is a diversified global technology company. It is engaged in designing and supplying product technology and delivering engineering services and solutions in a range of industrial, commercial and consumer markets around the world. The Company operates in five business segments. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes producing items.

Electro-Sensors Inc. (NASDAQ:ELSE) has lost 1.56% or $.07 share to settle at $4.41 with a volume of 1,700 shares. The stock has been trading between 16.76 and $34.97 with an average volume of 402,000 shares. Company has a market capitalization of $1.15 billion and a beta of 1.22.

Electro-Sensors, Inc. (ESI) is engaged in two operating segments: the manufacture and distribution of industrial production monitoring and process control systems through its Production Monitoring Division, and the development and distribution of personal computer (PC)-based software for both automated survey processing and hand printed character recognition through its AutoData Systems Division (AutoData).

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