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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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) 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) 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) 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) 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.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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