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

MBIA, Helicos: Early Volume Plays

( Updated with correct premarket moves)

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

JA Solar Holdings (JASO - Get Report) jumped by 32 cents, or 7.8%, to $4.44 in the premarket session after the company said it had third-quarter earnings of 10 cents a share, well ahead of the Thomson Reuters average estimate of 3 cents a share. Revenue surged nearly 120% from a year ago to $193.3 million, also blowing past consensus targets. JA Solar said gross margin improved to 16.7% in the quarter from 11.4% in the second quarter. The three-month average daily volume for JA Solar is 5.6 million, according to Yahoo! Finance.

Beazer Homes (BZH - Get Report) jumped by 46 cents, or 9.8%, to $5.15 in the premarket session after the company reported fourth-quarter adjusted earnings of 87 cents a share and revenue of $376.3 million. On average, analysts were looking for a loss of $1.24 a share on revenue of $338.3 million, according to Thomson Reuters. Beazer said the cancellation rate for the fourth quarter improved to 34.7%, compared to 46.3% a year ago. The three-month average daily volume for Beazer is 2.6 million, according to Yahoo! Finance.

MBIA (MBI - Get Report) dropped by 62 cents, or 12.9%, to $4.18 in the premarket session after the company late Monday reported a third-quarter net loss of $727.8 million, or $3.50 a share, as a result of increased unrealized losses on credit derivatives. Deutsche Bank said its own calculations puts MBIA's operating loss at $1.24 a share, which would be worse than the Thomson Reuters average estimate of $1.05 a share. The three-month average daily volume for MBIA is 8.4 million, according to Yahoo! Finance.

Capstone Turbine (CPST - Get Report) fell by 7 cents, or 5.9%, to $1.12 in the premarket session after the company late Monday posted a second-quarter loss of 17 cents a share, worse than the consensus for a loss of 9 cents a share. Northland Securities downgraded the stock to market perform after the report. The three-month average daily volume for Capstone is 3.9 million, according to Yahoo! Finance.

Catalyst Pharmaceutical Partners (CPRX) rose by 8 cents, or 11.9%, to 75 cents in the premarket session after the U.S. Department of Defense awarded a $1.2 million grant for the company to conduct an animal study on the use of vigabatrin to reduce the addictive liability of opiates while still effectively managing pain. The three-month average daily volume for Catalyst is 314,000, according to Yahoo! Finance.

Helicos BioSciences (HLCS) dropped by 14 cents, or 6.9%, to $1.90 in the premarket session after the company late Monday said it has decided to disengage from discussions involving a potential sale of the company, based on its improving standalone prospects and its current market valuation. On Tuesday, Helicos announced a $50 million common stock and warrants shelf offering, according to a regulatory filing with the Securities and Exchange Commission. The three-month average daily volume for Helicos is 2.6 million, according to Yahoo! Finance.

-- Written by Robert Holmes in New York.

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

Follow Robert Holmes on Twitter and become a fan of TheStreet.com 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
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
BZH $16.27 -3.60%
CPST $0.39 -0.89%
CPRX $3.70 0.68%
JASO $7.99 -0.56%
MBI $7.08 -6.40%

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs