Biosante Pharmaceuticals Inc (BPAX) led the top stocks today, by surging 22.40%, or $0.28, to close at $1.53. Volume was 1.23 million versus the daily average of 700,945 shares. Biosante Pharmaceuticals last Wednesday reported a net loss of approximately $7.3 million or $0.36 per share for the second quarter of 2012, lower than the net loss of $15.0 million or $0.96 per share a year earlier. Biosante Pharmaceuticals has a market cap of 30.91 million.
Standard Motor Products Inc. (SMP), the second on the list of the top stocks today, soared 22.10%, or $3.11, to $17.18, on a volume of 597,720 shares versus the daily average of 197,789 shares. The automotive replacement parts manufacturer and distributor issued its Q2 2012 earnings report showing its Q2 revenue of $268.9 million, higher than the $244 million a year ago; Q2 earnings from continuing operations were $13.7 million or 59 cents per diluted share, flat with a year ago. Analysts had averagely estimated Q2 earnings of 53 cents per share. Standard Motor Products has a market cap of 395.62 million.
China Distance Education Hldgs Ltd (DL), one of the top stocks today, saw a large increase of 21.03%, or $0.53 in its share price. Volume was 9,497 shares versus the daily average of 6,372 shares. There was no significant news supporting the increase. China Distance Education Hldgs has a market cap of $103.36 million.
Recon Technology, Ltd. (RCON) made its way up 20.67%, or $0.31, to finish at $1.81, on a volume of 165,196 shares versus the daily average of 22,358 shares. Recon Technology currently has a market cap of 7.15 million.
Dehaier Medical Systems Limited (DHRM) was ranked one of the top stocks today, by jumping 20.47%, or $0.32, to $1.88, on a volume of 6,930 shares versus the daily average of 5,067 shares. Dehaier Medical Systems currently has a market cap of $8.59 million.