Cleantech Solutions International Inc (CLNT) surged 37.40%, or $0.92, to close at $3.38, heading the top stocks today. The intraday volume increased to 888,024 shares from a daily average of 67,830 shares. The forged products and fabricated products manufacturer and marketer recently received a new purchase order for airflow dyeing machines and related components as well as a follow-on order for Solar components. The company also announced Q2 2012 results today, showing its revenue of $12.8 million, 1.8% up from $12.6 million a year ago. Net income of $1.1 million, or 40 cents per diluted share, lower than last year same period’s $1.2 million, or $0.47 diluted per share. The current CLNT stock price is higher than its 50-day moving average of $2.51 and 200-day moving average of $3.03. Over the past 52 week, CLNT stock was traded between $1.65 and $8.81. Cleantech Solutions’ market capitalization is $9.01 million.
Transcontinental Realty Investors, Inc.(TCI) moved up 20.06%, or 64 cents, to finish at $3.83, making it the number-two of the top stocks today. Volume added to 11,000 shares from its daily average of 561 shares. Transcontinental Realty Investors, an externally advised and managed real estate investment company released its Q2 2012 results Monday. For this quarter, the company swung to a net income of $2.0 million or $0.21 per diluted earnings per share from a net loss of $14.5 million or $1.72 per diluted earnings per share a year ago. Rental and other property revenues were $30.2 million, up $1.9 million, or 6.71% from last year same period’s $28.3 million. The current TCI stock price is above its 50-day moving average of $2.97 and 200-day moving average of $2.46. Over the past 52 week, CLNT stock was traded between $1.56 and $3.91. Transcontinental Realty Investors’ market capitalization is $32.22 million.
SatCon Technology Corporation (SATC), one of the top performing stocks, rose 19.51%, or 24 cents, to end at $1.47. The intrady volume was 509,641 shares, more than triple its daily average of 152,034 shares. The a leading provider, of utility scale power conversion solutions for the renewable energy market yesterday announced a reduction in its credit facility from $35 million to $25 million. The current SATC stock price is below its 50-day moving average of $1.63 and 200-day moving average of $3.74. Over the past 52 week, SATC stock was traded between $0.93 and $13.60. SatCon Technology’s market capitalization is $26.50 million.
Michael Kors Holdings Ltd (KORS) was named one of the top stocks by jumping 16.48%, or $6.98, to end at $49.33. The intraday volume advanced to 18.55 million from its daily average of 2.34 million shares. The big jump was after the company released Q1 2013 revenue growth of 71% and net income growth of 185%. The current KORS stock price is above its 50-day moving average of $41.11 and 200-day moving average of $32.91. Over the past 52 week, KORS stock was traded between $23.51 and $50.69. Michael Kors’ market capitalization is $9.51 billion.
Willdan Group, Inc. (WLDN) gained 16.38%, or 19 cents, to settle at $1.35, the fifth of the top stocks today. The inraday volume exploded to 20,306 shares, ten times its daily average of 2,812 shares. The company recently reported total contract revenue of $23.5 million and a net loss of $17.0 million, or $2.33 per share for Q2 2012. The company reported a net income of $0.7 million, or $0.10 per share on revenue of $25.8 million for Q2 2011. The outsourced services provider is also expecting stronger profitability in the second half of 2011 as these investments begin to translate into improved revenue growth.The current WLDN stock price is below its 50-day moving average of $1.52 and 200-day moving average of $3.12. Over the past 52 week, WLDN stock was traded between $1.16 and $4.18. Willdan’s market capitalization is $9.85 million.