11 Stocks Touching 52-Week High with Over 100% Increase in Trading Volumes Last Week: Investment Idea of the Day

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Today we have picked 11 stocks across sectors which touched their 52-week highs and have registered over 100% increase in trading volumes in the last week. These stocks have registered significant increase in daily average trading volumes during the past five days compared with past one month daily average trading volumes, indicating a strong market interest. Moreover, these stocks outperformed their respective equity indices and sector indices during the last week registering significant gains. The shortlisted stocks recorded price gains ranging from 12% to 77% with daily average trading volume in excess of 100,000.

Index Performance during the Past Week (June 14th – July 18th 2014)

Index

Last Index Value

Value Change
(5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Change*

NASDAQ Composite Index

1,978.2

0.5%

517,689,421

480,407,825

7.8%

S&P 500 Index

1,151.6

-0.7%

242,862,592

298,921,025

-18.8%

Russell 2000 Index

4,432.1

0.4%

465,915,750

481,370,731

-3.2%

S&P/TSX Composite Index

15,266.6

0.9%

156,999,790

157,648,082

-0.4%

S&P/TSX Venture Composite Index

1,012.2

-1.0%

62,064,025

61,545,166

0.8%

Stocks Performance

Company Name

Ticker

Exchange

Sector

Market Cap
(MM)

Last Price

Price Change (5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Change

52-Week High

52-Week Low

Corsa Coal Corp

CSO

TSXV

Energy

153.4

0.23

76.9%

2,285,613

416,832

448.3%

0.24

0.10

Hurco Cos Inc

HURC

NASDAQ

Industrial

223.6

34.38

24.5%

127,183

40,906

210.9%

34.99

23.52

Pine Cliff Energy Ltd

PNE

TSXV

Energy

352.1

1.73

23.6%

6,469,183

2,114,323

206.0%

1.78

0.96

NeoGenomics Inc

NEO

NASDAQ

Healthcare

270.3

5.44

29.2%

2,446,502

845,083

189.5%

5.77

2.05

Panhandle Oil and Gas

PHX

NYSE

Energy

530.8

64.44

20.9%

134,068

47,075

184.8%

64.85

27.27

BioFuel Energy Corp

BIOF

NASDAQ

Energy

56.0

8.78

40.9%

1,458,572

525,110

177.8%

9.88

1.13

Highbank Resources Ltd

HBK

TSXV

Basic Materials

27.1

0.33

43.5%

906,287

349,538

159.3%

0.36

0.05

Kodiak Oil & Gas Corp

KOG

NYSE

Energy

4,266.9

16.01

12.5%

17,093,958

7,303,639

134.0%

16.02

9.20

Enservco Corp

ENSV

NYSE

Energy

119.2

3.26

32.5%

745,580

320,693

132.5%

3.30

0.95

Arctic Star Exploration Corp

ADD

TSXV

Basic Materials

10.4

0.17

41.7%

369,084

169,162

118.2%

0.17

0.07

Glu Mobile Inc

GLUU

NASDAQ

Technology

610.3

6.79

13.2%

14,697,366

6,954,696

111.3%

6.93

2.10

Source: Bloomberg
Market Cap & Last Price are in their respective currencies
*Volume Change: 5-Day average volume over 30-Day average volume

Company Description

Corsa Coal Corp (TSXV: CSO)
Corsa Coal Corp. is a coal mining company. The company’s primary business is the mining, processing, and selling of metallurgical coal, as well as actively exploring, acquiring and developing resource properties consistent with its coal business. Corsa Coal is focused on Somerset County, Pennsylvania.

Hurco Cos Inc (NASDAQ: HURC)
Hurco Companies, Inc. designs and produces interactive computer controls, software, and computerized machine systems for the worldwide metal cutting and metal forming industry. The company’s customers include independent job shops and short-run manufacturing operations within large corporations. Hurco’s products are sold in the United States, Europe, and Asia.

Pine Cliff Energy Ltd (TSXV: PNE)
Pine Cliff Energy Ltd. is an oil and gas exploration, development and production company focused on developing or acquiring interests in prospects located in Western Canada.

NeoGenomics Inc (NASDAQ: NEO)
NeoGenomics, Inc. operates a network of clinical laboratories that specialize in cancer genetics diagnostic testing services. The company’s services include cytogenetics, fluorescence in-situhybridization (FISH), flow cytometry, morphology, anatomic pathology and molecular genetic testing. NeoGenomics serves pathologists, oncologists, urologists, and hospitals.

Panhandle Oil and Gas Inc (NYSE: PHX)
Panhandle Oil & Gas, Inc. explores for and develops oil and gas properties, and produces and sells oil and natural gas. The company’s oil and gas holdings are located primarily in the south-central and western United States.

BioFuel Energy Corp (NASDAQ: BIOF)
BioFuel Energy Corporation produces ethanol products in the United States.

Highbank Resources Ltd (TSXV: HBK)
Highbank Resources Ltd. is a construction aggregates company. The company focuses on the development of tidewater gravel tenure in Canada.

Kodiak Oil & Gas Corp (NYSE: KOG)
Kodiak Oil & Gas Corporation is an independent energy company. The company is focused on the exploration, exploitation, acquisition and production of natural gas and crude oil in the United States. Kodiak’s operations are primarily concentrated in the Williston Basin of North Dakota and Montana and the Green River Basin of Wyoming and Colorado.

Enservco Corp (NYSE: ENSV)
Enservco Corporation offers fluid-related services to the oil and natural gas production industry. The company offers hot oiling, frac heating, and water hauling services. Enservco operates in Colorado, Kansas, New Mexico, Oklahoma, Pennsylvania, Texas, Utah, West Virginia and Wyoming.

Arctic Star Exploration Corp (TSXV: ADD)
Arctic Star Exploration Corp. is a mineral exploration company. The company explores for diamonds and base metal in Canada.

Glu Mobile Inc (NASDAQ: GLUU)
Glu Mobile Inc. develops and publishes mobile games on a global basis. The company develops its games and related applications based on third-party licensed brands and other intellectual property, as well as on its own brands and intellectual property.

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