Top Stocks to Watch for July 17, 2014 (TSX: IBG) (NASDAQ: ZIPR)

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Company Name Exchange Ticker Market Cap
(C$ Mn)
Last Price Last Volume Price Return
(1-Day)
Price Return
(5-Days)
52-Week High 52-Week Low
IBI Group Inc TSX IBG 28.3 1.61 146,722 23.8% 40.0% 2.86 0.65
ZipRealty Inc NASDAQ ZIPR 145.3 6.70 5,393,670 121.8% 126.4% 7.07 2.81

IBI Group Inc (TSX: IBG), an international, multi-disciplinary provider of a range of professional services focused on the physical development of cities, was the top performer in the Canadian industrial sector after climbing 23.8% during the last trading session. Moreover, the stock broke both the key technical resistance levels of short term 30-day and long term 200-day DMAs at C$1.49 & C$1.48 respectively and ended at C$1.61 with trading volumes of 146,722 shares. During the past five trading sessions, the stock gained 40% with daily average trading volumes of 58,099 shares compared to 1-month average trading volumes of 29,114 shares.

Shares of ZipRealty, Inc. (NASDAQ: ZIPR), a provider of technology and online marketing capabilities in the residential real estate brokerage industry, made a big move on Wednesday skyrocketing 121.8% after Realogy Holdings Corp. (NYSE: RLGY), announced a deal to acquire ZIPR for approximately $166 million in an all-cash transaction. Yesterday, the stock broke all the key technical tesistance levels of 30, 50, and 200 DMAs at $3.17, $3.22 & $4.42 respectively and ended touching its 52-week high of $6.70 while recording significant trading volumes of over 5.4 million shares. During the past five trading sessions, the stock surged 126.4% with daily average trading volumes of 1,085,493 shares, while the stock accumulated over 111% in the past one month with daily average trading volumes of 201,369 shares.

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