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Notable 52-Week High's and Low's of the Day 08/11: ICOP, WXCO, TTM High; BAC, HPQ, SD, CPST Low

August 11, 2010 3:48 PM EDT
52-Week High:

  • ICOP Digital Inc. (Nasdaq: ICOP) high of $3.34. Exploding today, that's pretty much the long and the short of it. Shares surged over 190% to reach their new 52-week high, as the company announced receiving an order for the ICOP Model 20/20-W in-car video systems from the US Department of Homeland Security. Sources are telling us, however, that the surge may not be justified by the order size.

  • WHX Corp. (Nasdaq: WXCO) high of $5.87. The company reported a Q2 EPS of $0.52, versus $0.34 reported for the same period a year ago. Revenue for the quarter was $180.9 million, compared to $137.3 million in Q209. Investors are loving this, sending shares up over 29% to the new high today.

  • Tata Motors Ltd. (NYSE: TTM) high of $21.69. India's largest automobile producer is popping today, after the company reported strong first quarter earnings suppoted by Jaguar and Land Rover sales. Revs for the quarter were 269 billion rupees [or $5.8 billion] producing a profit of 19.9 billion rupees [or $430 million]. Last year, the company saw a loss of 3.3 billion rupees [$71 million] for the same period. Profit for Jaguar Land Rover weres 15.9 billion rupees [$345 million] before taxes.


52-Week Low:

  • Bank of America Corporation (NYSE: BAC) low of $13.20. Trending lower after second quarter results that failed to impress, and short interest in the stock jumped up about 19% from 104 million for the start of July to 124 million in the second half.

  • Hewlett-Packard Company (NYSE: HPQ) low of $40.80. The stock saw a big drop on Monday following the departure of CEO Mark Hurd, and have continued lower as investors are weighing what the management change will bring for the company.

  • SandRidge Energy, Inc. (NYSE: SD) low of $4.55. After seeing some stabilization after reporting their second quarter earnings last week, shares began to drop off again yesterday on a Bank of America/Merrill Lynch downgrade. Overall weakness in the broader markets is also sending shares lower today, as economic recovery concerns linger with investors and traders.

  • Capstone Turbine Corp. (Nasdaq: CPST) low of $0.79. Volumes surged this week after the company reportheir their first quarter earnings report on Monday. Capstone missed on the top and bottom, and then received a downgrade from Ardour Capital on Tuesday. The stock saw a big sell at the $0.80 price level earlier in the session.



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