Stock Highlights
United Community Banks Inc. (NASDAQ: UCBI) Rises Over 60% in Last One Month
Shares of Allied Motion Technologies Inc. (NASDAQ: AMOT), an Englewood, California-based company, soared on Thursday, ending the day 8.02% higher at $6.60.
In the last five trading sessions, the United Community Banks Inc. stock has gained 20.1%. In the last one month, the stock is up an impressive 63.33%.
United Community Banks Inc. reported its third-quarter financial results in October. The company reported a net operating loss from continuing operations of $25.8 million, or $0.30 per diluted share for the third quarter of 2010. The company’s net operating loss in the third quarter was at the lowest level since second quarter of 2009.
For the first nine months of 2010, the bank reported a net loss from continuing operations of $119.8 million, compared with $99 million reported for the same period in 2009.
Jimmy Tallent, President and CEO of United Community Banks, said that the bank is seeing several positive trends emerging in its credit quality indicators. Tallent said that the bank’s nonperforming assets, net charge-offs and provision for loan losses continue to decline, confirming that the worst is behind.
About United Community Banks Inc.: United Community Banks Inc. is bank holding company, conducting its operations through 27 separate community banks.
- The United Community Banks Inc. stock has a 52-week range of $1.10-$6.20.
- The stock trades on a daily average volume of 1.47 million.
- The stock is currently trading above its 50-day and below its 200-day moving average.
- The stock has a support level at $1.93 and a resistance level at $2.75.
- The stock’s MACD has crossed the signal line and is above the zero-line, which are strong bullish signals.
Summary
United Community Banks Inc. managed to narrow down its operating losses. The bank is expected to benefit as the U.S. economy improves.
Stock Highlights
Zalicus Inc. (NASDAQ: ZLCS) Stock Gained More Than 58% in the Last 30 Days
(January 6, 2011)Shares of Vantage Drilling Company, a Houston, Texas-based company, climbed in trading on Thursday, ending the day 8.46% higher at $2.18.
In the last one month, the Vantage Drilling Company stock has gained 29.76%. In the last three months, the stock is up 37.11%. The stock has climbed 52.45% in the last six months.
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Vantage Drilling Company (AMEX: VTG) Rises More than 29% in the Last One Month
(January 6, 2011)Shares of Vantage Drilling Company, a Houston, Texas-based company, climbed in trading on Thursday, ending the day 8.46% higher at $2.18.
In the last one month, the Vantage Drilling Company stock has gained 29.76%. In the last three months, the stock is up 37.11%. The stock has climbed 52.45% in the last six months.
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USA Technologies Inc. (NASDAQ: USAT) Increases Over 20% in the Last Five Trading Sessions
(January 4, 2011)Shares of USA Technologies Inc. (NASDAQ: USAT), a Malvern, Pennsylvania-based company, climbed in trading on Tuesday, ending the day 18.52% higher at $1.28.
In the last five trading sessions, the USA Technologies stock has gained 20.75%. In the last six months, the stock has gained 172.34%.
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