Top Stocks to Watch for July 15, 2014 (NYSE: AMCO) (TSX: UR)

Published:

Company Name Exchange Ticker Market Cap (Mn) Last Price Last Volume Price Return
(1-Day)
Price Return
(5-Days)
52-Week High 52-Week Low
Armco Metals Holdings Inc NYSE AMCO 14.1 0.27 682,340 12.6% 7.2% 0.58 0.19
UrtheCast Corp TSX UR 114.9 1.78 465,822 11.3% 35.9% 2.90 1.22

Note: Market cap and Share Price are in their respective currencies

Armco Metals Holdings Inc (NYSE: AMCO), formerly China Armco Metals, Inc., engaged in metal ore trading and distribution and scrap metal recycling, was the top performer in the U.S. industrial sector after climbing 12.6% during the last trading session. Moreover, the stock broke the key short term technical resistance levels of 30-day and 50-day DMAs at $0.25 each yesterday and ended at $0.27 with trading volumes of 682,340 shares. During the past five trading sessions, the stock gained 7.2% with daily average trading volumes of 469,512 shares compared to 1-month average trading volumes of 755,061 shares. Recently, AMCO announced that its subsidiary Armco (Lianyungang) Renewable Metals, Inc received an approval from China’s Ministry of Industry and Information Technology for operation in the scrap steel processing industry.

Shares of UrtheCast Corp (TSX: UR), a technology company engaged in developing and publishing a high definition video web platform, were among the top gainers in the Canadian technology sector after the share price climbed 11.3% during the last trading session and ended at C$1.78 with huge volumes of 465,822 shares. During the past five trading sessions, the stock gained 35.9% with daily average trading volumes of 190,307 shares, while the stock accumulated over 29% during the past one month with daily average trading volumes of 116,488 shares. The stock was also featured as the top momentum gainer on Monday.

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