Unusual 11 Mid-Day Movers 03/16: (AXK) (EEI) (ONP) Higher; (ORCC) (YRCW) (SIHI) Lower
Accelr8 Technology (NYSE: AXK) 33.3% HIGHER; shares of this extremely volatile stock are finally rebounding today following 7 straight days of closing in the red. Over this span, the stock tumbled 61%. Prior to the drop, shares had jumped 83% over just a week of trading. Today technicians may be buying into the stock as the price has pushed back over $3 today.
Online Resources Corp. (Nasdaq: ORCC) 32.6% LOWER; reported Q4 EPS of $0.03, one cent worse than the analyst estimate of $0.04. Revenue in the quarter was $37.8 million versus the consensus estimate of $36.9 million. Online Resources sees a Q111 loss of $0.02 - $0.01 per share, versus the consensus EPS of $0.06. ORCC also sees Q111 revs of $38.2 - $38.7 million, versus the consensus of $37.66 million. Likely more importantly, the company's Board "determined that the completion of a deal on acceptable terms is unlikely at this time..." The stock was also downgraded at Janney and Oppenheimer this morning.
Ecology & Environment, Inc. (Nasdaq: EEI) 26.0% HIGHER; reports Q2 EPS of $0.42, versus the analyst estimate of $0.18. Revenue for the quarter came in at $41.83 million, versus the consensus estimate of $32.93 million.
YRC Worldwide (Nasdaq: YRCW) 22.9% LOWER; continuing lower today following a 13.5% decline yesterday. Monday night the company announced that it missed a restructuring milestone. Shares hit a 52-week low of $1.56 intraday today.
Orient Paper Inc. (NYSE: ONP) 18.0% HIGHER; reported Q4 EPS of $0.29, versus $0.21 last year. Revenue for the quarter came in at $36.3 million, versus $31.4 million last year. Orient Paper Inc. sees FY11 EPS of $1.33-$1.46. Orient Paper Inc. sees FY11 revenue of $186-$206 million.
Sinohub (Nasdaq: SIHI) 16.4% LOWER; announced an $11 million registered direct offering, to sell 4.79 million shares of common stock and 1.44 million warrants for shares.
Universal Display Corp. (Nasdaq: PANL) 15.4% HIGHER; reported Q4 loss of $0.14, seven cents worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $10.8 million versus the consensus estimate of $7.45 million.
Superior Industries International (NYSE: SUP) 14.7% HIGHER; reported Q4 EPS of $0.82, versus a loss of $0.15 for the same quarter last year. Revenue for the quarter came in at $191.03 million versus the consensus estimate of $175.05 million.
China Education Alliance, Inc. (AMEX: CEU) 14.7% HIGHER; purchased 60% of the equity interests of Harbin Tianlang Culture and Education School for RMB35,000,000.
Pacific Sunwear of California Inc. (Nasdaq: PSUN) 14.6% LOWER; reported a Q4 loss of $0.33 per share, one cent worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $263 million versus the consensus estimate of $271.01 million. PacSun sees a Q111 loss of $0.29 to $0.35 per share, versus the consensus of ($0.22). Comps down 7% in the quarter. PacSun also sees Q111 comps down 3% to up 2%.
Repros Therapeutics Inc. (Nasdaq: RPRX) 12.7% LOWER; commenced dosing of the 6 mg cohort in a low dose study of Proellex following a safety review of data from women that have completed 8 weeks of treatment at a 3 mg dose.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Online Resources Corp. (Nasdaq: ORCC) 32.6% LOWER; reported Q4 EPS of $0.03, one cent worse than the analyst estimate of $0.04. Revenue in the quarter was $37.8 million versus the consensus estimate of $36.9 million. Online Resources sees a Q111 loss of $0.02 - $0.01 per share, versus the consensus EPS of $0.06. ORCC also sees Q111 revs of $38.2 - $38.7 million, versus the consensus of $37.66 million. Likely more importantly, the company's Board "determined that the completion of a deal on acceptable terms is unlikely at this time..." The stock was also downgraded at Janney and Oppenheimer this morning.
Ecology & Environment, Inc. (Nasdaq: EEI) 26.0% HIGHER; reports Q2 EPS of $0.42, versus the analyst estimate of $0.18. Revenue for the quarter came in at $41.83 million, versus the consensus estimate of $32.93 million.
YRC Worldwide (Nasdaq: YRCW) 22.9% LOWER; continuing lower today following a 13.5% decline yesterday. Monday night the company announced that it missed a restructuring milestone. Shares hit a 52-week low of $1.56 intraday today.
Orient Paper Inc. (NYSE: ONP) 18.0% HIGHER; reported Q4 EPS of $0.29, versus $0.21 last year. Revenue for the quarter came in at $36.3 million, versus $31.4 million last year. Orient Paper Inc. sees FY11 EPS of $1.33-$1.46. Orient Paper Inc. sees FY11 revenue of $186-$206 million.
Sinohub (Nasdaq: SIHI) 16.4% LOWER; announced an $11 million registered direct offering, to sell 4.79 million shares of common stock and 1.44 million warrants for shares.
Universal Display Corp. (Nasdaq: PANL) 15.4% HIGHER; reported Q4 loss of $0.14, seven cents worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $10.8 million versus the consensus estimate of $7.45 million.
Superior Industries International (NYSE: SUP) 14.7% HIGHER; reported Q4 EPS of $0.82, versus a loss of $0.15 for the same quarter last year. Revenue for the quarter came in at $191.03 million versus the consensus estimate of $175.05 million.
China Education Alliance, Inc. (AMEX: CEU) 14.7% HIGHER; purchased 60% of the equity interests of Harbin Tianlang Culture and Education School for RMB35,000,000.
Pacific Sunwear of California Inc. (Nasdaq: PSUN) 14.6% LOWER; reported a Q4 loss of $0.33 per share, one cent worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $263 million versus the consensus estimate of $271.01 million. PacSun sees a Q111 loss of $0.29 to $0.35 per share, versus the consensus of ($0.22). Comps down 7% in the quarter. PacSun also sees Q111 comps down 3% to up 2%.
Repros Therapeutics Inc. (Nasdaq: RPRX) 12.7% LOWER; commenced dosing of the 6 mg cohort in a low dose study of Proellex following a safety review of data from women that have completed 8 weeks of treatment at a 3 mg dose.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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