Uniontown Energy Inc. ( OTC: UTOG ) shares are rallying in today's trading.
The penny stock reached a 52-week high of $1.20 in early trading, and at last
check, it was trading 8.81% higher at $1.19, with volume at 394,938. Uniontown
Energy shares have a 52-week range of $0.38-$1.20. The stock is currently
trading above its 50-day and 200-day moving averages. Uniontown Energy shares
are climbing in today's trading after the company announced that it entered
into a definitive agreement under which it will acquire oil and gas property
located in Montana. Uniontown Energy is engaged in the acquisition, development
and production of oil and natural gas properties. Sirius XM Radio Inc. ( NASDAQ:
SIRI ) shares are climbing in today's trading. The stock reached a high of
$1.76 in early trading, and at last check, it was trading 1.27% higher at $1.75,
with volume at 10.98 million. Sirius XM shares have a 52-week range of
$0.79-$1.88. The stock is currently trading above its 50-day and 200-day moving
averages. Year-to-date Sirius shares gained 7.66%. In the last one year the
stock gained 96.22%. Sirius XM is a New York City-based satellite radio company,
with over 20 million subscribers. China Tel Group Inc. ( PINK: CHTL ) shares are
climbing in today's trading. The penny stock is currently trading 3.26% higher
at $0.190, with volume at 278,907. China Tel Group shares have a 52-week range
of $0.12-$0.88. Year-to-date the stock fell 29.1%. The stock is currently
trading below its 50-day and 200-day moving averages. Earlier this week China
Tel signed a contract with ZTE Corporation under which ZTE will supply ChinaTel
with infrastructure equipment for the nine city wireless broadband network the
company is deploying in Fujian province. ChinaTel is engaged in the acquisition
of spectrum assets. The company also provides capital, engineering,
architectural and construction services related to the build-out of wireless
broadband telecommunications networks. Disclosure: I currently have a position
in CHTL and UTOG
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