Sub $7 Stocks Posting Price Gains of Over 50% in the Last Week: Investment Idea of the Day

Published:

Ubika Research has highlighted twelve stocks trading below $7 across sectors which have recorded share price gains of over 50% outperforming their respective equity indices during the last week with a significant increase in traded volumes reflecting a strong market interest. Average trading volumes of these stocks over the past five days are significantly higher than their one month daily average trading volumes. The shortlisted stocks outperformed their respective indices during the week, recording price gains ranging from 54% to 129% with daily average traded volume in excess of 100,000.

Index Performance during the Past Week (March 17th 2014 – March 21st 2014)

Index

Last Index Value

Value Change (5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

S&P 500 Index

1,866.5

1.38%

675,154,490

549,887,541

22.8%

NASDAQ Composite Index

4,276.8

0.74%

605,484,166

537,339,509

12.7%

Russell 2000 Index

1,193.7

1.04%

342,012,173

300,477,838

13.8%

S&P/TSX Composite Index

14,335.8

0.76%

188,436,998

182,947,276

3.0%

S&P/TSX Venture Composite Index

1,034.8

0.11%

64,707,622

86,841,302

-25.5%

Stocks Performance

Company Name

Ticker

Exchange

Sector

Market Cap
(MM)

Last Price

Price Change (5-Day)

Average Volume
(5-Day)

Average Volume
(1-month)

Volume Comparison*

52-Week High

52-Week Low

MagneGas Corp

MNGA

NASDAQ

Industrial

55.5

2.40

128.6%

14,378,512

3,040,697

372.9%

2.45

0.40

IsoRay Inc

ISR

NYSE

Healthcare

108.0

2.42

118.0%

50,772,224

9,405,260

439.8%

3.77

0.44

Genufood Energy Enzymes Corp

GFOO

OTC BB

Healthcare

78.8

0.20

100.0%

210,380

109,313

92.5%

0.55

0.05

Legend Power Systems Inc

LPS

TSXV

Industrial

13.4

0.33

88.6%

1,065,504

194,406

448.1%

0.33

0.08

Aastrom Biosciences Inc

ASTM

NASDAQ

Healthcare

40.0

6.49

84.9%

1,728,446

377,654

357.7%

24.40

3.14

Thelon Capital Ltd

THC

TSXV

Energy

14.4

0.16

82.4%

3,314,067

1,363,749

143.0%

0.17

0.01

EPM Mining Ventures Inc

EPK

TSXV

Basic Materials

18.4

0.19

72.7%

1,158,136

252,468

358.7%

0.50

0.10

Pernix Therapeutics Holdings

PTX

NASDAQ

Healthcare

221.5

5.93

69.9%

995,317

438,665

126.9%

6.02

1.68

Horn Petroleum Corp

HRN

TSXV

Energy

33.9

0.35

62.8%

712,211

150,924

371.9%

0.46

0.17

Arris Holdings Inc

AAF

CNSX

Financial

15.6

0.15

61.1%

1,925,660

650,687

195.9%

0.17

0.02

Hastings Entertainment Inc

HAST

NASDAQ

Consumer Goods

24.4

3.00

57.1%

150,110

31,019

383.9%

5.45

1.47

Dejour Energy Inc

DEJ

TSX

Energy

44.4

0.29

54.1%

364,485

125,013

191.6%

0.32

0.10

Source: Bloomberg
*Volume Comparison: 5-Day average volume over 30-Day average volume
Market cap & Last Price are in their respective currencies

Company Description

MagneGas Corp (NASDAQ: MNGA)
MagneGas Corporation provides services in cleaning and converting contaminated waste. The Company recycles city sludge, animal manure, and other liquid waste materials into a clean burning biogas that can be used to operate machinery designed to use natural gas or used for a metal cutting fuel.

IsoRay Inc (NYSE: ISR)
IsoRay, Inc., through its subsidiary, produces a brachytherapy seed, used to treat prostate and other cancers. The Company’s seed delivers more than 90 percent to its total radiation dose in less the 33 days, reducing the incidence of common brachytherapy side effects.

Genufood Energy Enzymes Corp (OTC BB: GFOO)
Genufood Energy Enzymes Corp. is a development stage company. The Company is a marketing, distribution and export company specialized in enzyme products for human and animal consumption.

Legend Power Systems Inc (TSXV: LPS)
Legend Power Systems Inc. is an electrical energy conservation company. The Company has developed a patented device to help reduce electric bills, maintenance costs and greenhouse gases.

Aastrom Biosciences Inc (NASDAQ: ASTM)
Aastrom Biosciences, Inc. develops autologous stem/progenitor cell products for the repair/regeneration of tissues based on Tissue Repair Cell (TRC) adult stem cell technology. The Company’s products contain bone marrow stem and progenitor cells that are produced from cells originating from the patient.

Thelon Capital Ltd (TSXV: THC)
Thelon Capital Ltd. is a mineral exploration and development company. The Company is focused on a portfolio of resource project in regions in Tennessee, United States for coal and Saskatchewan Canada for Uranium and Diamonds.

EPM Mining Ventures Inc (TSXV: EPK)
EPM Mining Ventures, Inc. owns the rights to explore the Known Potash Leasing Area at Sevier Lake in Utah.

Pernix Therapeutics Holdings (NASDAQ: PTX)
Pernix Therapeutics Holdings, Inc. manufactures pharmaceuticals. The Company acquires, develops and markets medications for the pediatric market including treatments for dermatitis; statin-induced ubiquinone deficiency; deficiencies in active cultures due to diet and antibiotics; and upper respiratory conditions.

Horn Petroleum Corp (TSXV: HRN)
Horn Petroleum Corp. is an oil and gas company. The Company is focused on oil and gas exploration and production in Puntland, Somalia.

Arris Holdings Inc (CNSX: AAF)
Arris Holdings Inc is an investment company. The Company seeks to explore opportunities for developing and augmenting its equity portfolio and seeking out new equity investment opportunities in targeted areas.

Hastings Entertainment Inc (NASDAQ: HAST)
Hastings Entertainment, Inc. is a multimedia entertainment retailer. The Company combines the sale of books, music, software, periodicals, digital video discs (DVDs), videos, and video games with the rental of videos, DVDs and video games in a superstore format. Hastings operates various superstores throughout the United States, as well as an electronic commerce Internet Web site.

Dejour Energy Inc (TSX: DEJ)
Dejour Energy, Inc. is an independent oil and natural gas company operating multiple exploration and production projects in North America’s Piceance Basin and Peace River Arch regions. The Company maintains offices in Denver, USA, Calgary and Vancouver, Canada.

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