This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

eOn, VeriChip: Late Day Volume Plays

NEW YORK ( TheStreet) -- Several small-cap stocks were moving on above-average volume during Monday's session.

eOn Communications (EONC - Get Report) surged by $1.60, or 97%, to $3.25 after the telecom company swung to a fiscal fourth-quarter profit of $111,000, or 4 cents a share, from a year-ago loss of $338,000, or 12 cents a share. Revenue surged 217% from a year ago to $5.09 million. Volume topped 1.83 million shares, compared to the 50-day average daily volume of 4,591, according to the Nasdaq.

Presstek (PRST) jumped by 41 cents, or 22.9%, to $2.20 even after the company posted an adjusted third-quarter loss of 8 cents a share, a penny worse than the Thomson Reuters average estimate. Revenue fell 32% from a year ago to $33 million, although that was better than the consensus target of $32.4 million. Volume topped 203,000 shares, compared to the 50-day average daily volume of 64,000, according to the Nasdaq.

VeriChip (CHIP) rose by 28 cents, or 19.1%, to $1.75 on optimism following the Saturday passage of the House of Representatives' health care reform bill. Volume topped 1.32 million shares, compared to the 50-day average daily volume of 1.61 million, according to the Nasdaq.

TravelCenters of America (TA - Get Report) dropped by 99 cents, or 18.8%, to $4.27 after the company posted a third-quarter net loss of 73 cents a share, swinging from a year-ago profit of $1.08 a share. Revenue was nearly cut in half from the year-ago period to $1.28 billion. Volume topped 715,000 shares, compared to the three-month average daily volume of 363,000, according to Yahoo! Finance.

RadNet (RDNT - Get Report) plummeted by 55 cents, or 20.3%, to $2.16 after the company recorded a third-quarter adjusted loss of a penny a share on revenue of $133.5 million, both below the Thomson Reuters average estimate. Volume topped 861,000 shares, compared to the 50-day average daily volume of 148,000, according to the Nasdaq.

Versar (VSR - Get Report) fell by 59 cents, or 14.4%, to $3.51 after the company posted a third-quarter profit of $237,000, or 3 cents a share, narrowing from a profit of 6 cents a share in the year-ago quarter. Volume topped 158,000 shares, compared to the three-month average daily volume of 47,000, according to the Yahoo! Finance.

-- Written by Robert Holmes in New York.

Check out all of Monday's high-volume, under-$5 stocks at the Dollar Store

Follow Robert Holmes on Twitter and become a fan of on Facebook.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
EONC $0.70 4.49%
RDNT $8.23 0.00%
TA $17.37 0.00%
VSR $3.28 0.00%
AAPL $123.25 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs