Send to a Friend Share

Notable 52-Week Highs and Lows of the Day 02/11: JDSU, ALU, EMKR, CMG High; MNKD, JOEZ, CSCO Low

February 11, 2011 2:13 PM EST
JDSU Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Revenue Growth %: -9.9%
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:
  • JDS Uniphase Corporation (Nasdaq: JDSU) high of $27.95. Shares are continuing their rally today, as investors are speculating that they may be stealing a little optical communications business from Cisco's (Nasdaq: CSCO). They will also be introducing accessLTE soon, which will "critical service assurance applications for LTE/4G, including rigorous 4G session trace, a process that diagnoses, analyzes and correlates essential mobile subscriber services and performance data."

  • Alcatel-Lucent (NYSE: ALU) high of $4.71. Continuing momentum from yesterday, following a solid earnings report out of the company, as they received an upgrade at Nomura Securities and MKM Partners today. Shares moved another 5% higher today, after ripping 25% yesterday.

  • EMCORE Corporation (Nasdaq: EMKR) high of $2.35. Another optical company making a move today. Shares are up over 22% on strong volume, as the company may be a play on the growth in Optical Communications. Might still be some upside left in the one, as shares have traded near the $16 price level within the last five years.

  • Chipotle Mexican Grill, Inc. (NYSE: CMG) high of $274.67. Attracting interest following a Q410 earnings beat. CMG has EPS of $1.47 on revs of $482.5 million, compared to the consensus EPS of $1.29 with revs of $468.51 million. Saw a surprising amount of downgrades from firms today, though.
52-Week Low:
  • MannKind Corp. (Nasdaq: MNKD) low of $3.83. Lower despite reporting a Q410 loss of $0.33 per share, which beat the consensus by seven cents. Investors may be concerned with Afrezza's potential, and the cost that it's putting on the company as they try and push it though development and approval.

  • Joe's Jeans Inc. (Nasdaq: JOEZ) low of $1.00. Joe's is getting rocked today, following soft Q410 earnings. JOEZ has EPS of $0.01 on revs of $23.6 million, compared to consensus EPS of $0.01 with revs of $28.57 million. Shares dropped as much as 33% on the day.

  • Cisco Systems, Inc. (Nasdaq: CSCO) low of $18.73. Cisco's continuing to shake out the cobwebs today, but received a downgrade by J.P. Morgan, from Overweight to Neutral.



Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Special Reports

Related Entities

JPMorgan, Nomura, Earnings

Add Your Comment





Follow StreetInsider.com On Twitter