Stock Highlights
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%.
On Tuesday, USA Technologies Inc. said that based on preliminary financial results, it expects to post record quarterly revenues and gross profit for the second quarter ended December 31, 2010.
USA Technologies also expects to report additional important milestones. The company expects to report a 73% increase in the number of devices connected to its network. It expects a 95% increase in the number of cashless transactions processed during the second quarter.
George Jensen, Chairman and CEO of USA Technologies, said that this year’s second-quarter is expected o be the company’s best quarter ever, and concludes an exceptional calendar year of accomplishments. Jensen added that the company’s operating results continue to improve as its products continue to gain market acceptance.
USA Technologies Inc.: USA Technologies Inc. is a provider of technology-enabled solutions that facilitate electronic payment transactions and value-added services within the unattended Point of Sale market.
- The USA Technologies stock has a 52-week range of $0.46-$1.77.
- The stock trades on a daily average volume of 270,002.
- The stock is currently trading above its 50-day and 200-day moving averages,, which is a bullish signal.
- The stock has a support level at $1.03 and a resistance level at $1.50.
- The stock’s MACD has crossed the signal line on the upside and is above he zero-line, which are strong bullish signals.
Summary
USA Technologies Inc. expects to report strong second-quarter financial results. The company’s shares have picked up strong momentum and the rally is expected to continue based on the technical indicators.
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.
Read More
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.
Read More
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%.
Read More