This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ballard, QLT: Early Volume Plays

NEW YORK ( TheStreet) -- Several small-cap stocks were poised to move on above-average volume during Tuesday's session

Ballard Power Systems (BLDP - Get Report) dropped by 21 cents, or 8.3%, to $2.32 in the premarket session after the company on late Monday posted a third-quarter net loss of $12 million, or 14 cents a share, widening from the year-ago loss and worse than the Thomson Reuters average estimate for a loss of 12 cents a share. Revenue fell by 26.8% from a year ago to $9 million, below the consensus of $14.6 million. The three-month average daily volume for Ballard is 89,000, according to Yahoo! Finance.

Helicos BioSciences (HLCS) jumped by 21 cents, or 10%, to $2.32 in the premarket session after the company provided a business update, saying it expects approximately $5 million in cash receipts from previously announced System orders and associated reagent purchases. Cash inflows from these orders are expected to occur during the fourth quarter of 2009 and the first quarter of 2010, Helicos said. The three-month average daily volume for Helicos is 2.6 million, according to Yahoo! Finance.

Appliance Recycling Centers of America (ARCI - Get Report) surged by 33 cents, or 16.8%, to $2.30 in the premarket session after the company disclosed that it entered into an appliance sales and recycling agreement with General Electric (GE - Get Report) acting through its GE Consumer & Industrial business.. The three-month average daily volume for Appliance Recycling is 32,000, according to Yahoo! Finance.

QLT Inc. (QLTI) rose by 11 cents, or 3.1%, to $3.65 in the premarket session after the company reported third-quarter adjusted earnings of 4 cents a share, matching the single analyst estimate, according to Thomson Reuters. QLT also said it will repurchase up to 5% of its outstanding common shares over the next 12 months. The three-month average daily volume for QLT is 561,000, according to Yahoo! Finance.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ARCI $1.89 0.00%
BLDP $1.70 0.00%
GE $26.78 0.00%
QLTI $4.29 0.00%
AAPL $126.44 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs