Magic Software Enterprises Ltd. Financial Press Release Influenced its Trading to Achieve More- MGIC, ALXA, DPTR, BIOS, PCBC

Dear PSL members Magic Software Enterprises Ltd. (NASDAQ:MGIC) according to its financial results announced on 3 November, 2010 earned 66% growth in Revenues with respect to its previous 3rd Quarter $13.5 million. The Operating Income remained $2.5 million which was three times higher than Q3 Operating Income of 2009. Therefore, MGIC in last session gained high percentage change of 14.14% and its trading closed at $3.31 which was not achieved for a long time. The total volume of the shares traded during the last session was also influenced as was unusual with 1.84 million shares. Company's EPS growth this remained 36.69% while annual EPS growth in past 5 years was 8.81%. Its quarterly sales growth noted year over year provided 57.91% while quarterly EPS growth of 72.47% for the same period. Company holds un-levered capital structure with debt to equity and long term to equity ratio of 0.00%. Alexza Pharmaceuticals, Inc. (NASDAQ:ALXA) will announce its Financial Results in next week. ALXA advanced 7.37% with the closing price of $1.02. The overall volume in last trading session was 1.58 million shares as compared to its average volume of 2.10 million shares. The price range of stock in 52 weeks remained $0.87 – $3.92. Delta Petroleum Corp. (NASDAQ:DPTR) is going to announce its Earnings press release on Nov 9th, 2010. DPTR surged 6.20% with the closing price of $0.79. The overall volume in last trading session was 1.44 million shares as compared to its average volume of 1.81 million shares. The price range of stock in 52 weeks remained $0.67 – $1.95. BioScrip Inc. (NASDAQ:BIOS) after losing some points upon its Earning Results made recovery. BIOS jumped 6.20% with the closing price of $5.24. The overall volume in last trading session was 1.29 million shares as compared to its average volume of 491, 377 shares. The price range of stock in 52 weeks remained $4.01 – $9.84. Pacific Capital Bancorp (NASDAQ:PCBC) plan to publicize its Earnings today on Nov 4th, 2010. After hitting new low of $0.38 it gained 4.65% with the closing price of $0.45. The overall volume in last trading session was 5.27 million shares as compared to its average volume of 1.67 million shares. The price range of stock in 52 weeks remained $0.38– $5.49.
tdp2664Penny Stock Live