Jun 26, 2013

Posted by in Featured, Stock Market News | 0 Comments

Stocks with Upward Trends – Pandora Media Inc (NYSE:P), Fusion-IO, Inc. (NYSE:FIO), Forest Oil Corporation (NYSE:FST), E Commerce China Dangdang Inc (ADR) (NYSE:DANG)

Stocks with Upward Trends – Pandora Media Inc (NYSE:P), Fusion-IO, Inc. (NYSE:FIO), Forest Oil Corporation (NYSE:FST), E Commerce China Dangdang Inc (ADR) (NYSE:DANG)

Pandora Media Inc (NYSE:P), the leading internet radio service, recently declared new in-car milestones that prove constant growth and impetus in the automotive category. Pandora has grasped more than 2.5 million unique activations through partnerships with the 23 major automotive brands and others. This news extended gains for the company and the stock surged to +8.46%, with the closing price of $16.41 and its total traded volume was 7.41 million shares. Stock hit a day high price of $16.63.

Fusion-IO, Inc. (NYSE:FIO) shares went up +8.17% ,with the total traded volume of 5.46 million shares, more than the average volume of 3.86 million. FIO closed at $14.16, after hitting the day high price of $14.22. Analysts at Lazard Capital repeated their “buy” rating on the stock.  Analysts at Needham & Company also recommended a “buy” rating on shares of Fusion-io in a research note to investors on Tuesday, June 18th and set a price target $20.00 on the stock. Fusion-io Inc (Fusion) is a provider of datacenter solutions that accelerate databases, virtualization, cloud computing, big data, and the applications that help drive business, from the smallest e-tailers, to some of the largest data centers, social media leaders, and Fortune Global 500 businesses.

Forest Oil Corporation (NYSE:FST) jumped +5.37%, but the stock was trading below its 50 day moving average of 4.60 and 200 day moving average of 5.61, by closing at $4.12, with the overall traded volume of 4.28 million shares. Stock price 52 weeks high was $9.32 and 52 weeks low price was $3.77. Forest Oil Corporation reported earnings of $3 million in its first quarter of 2013. Forest Oil Corporation (Forest) is an independent oil and gas company engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in North America.

E Commerce China Dangdang Inc (ADR) (NYSE:DANG) jumped +14.01%, with the closing price of $7.08. The overall volume in the last trading session was 4.05 million shares. Its fifty two week range was $3.68-$8.28. The total market capitalization remained $948.31 billion. DANG is ahead of its 52 week low 92.39% and its last month price volatility remained 9.90%. Its target price is $6.63. In its share capital, DANG has 80.16 million outstanding shares, while 53.48 million shares have been floated in the market. DANG has insider ownership of 0.44% and its institutional ownership remained 11.10%.

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