This Day On The Street
Continue to site
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

Halozyme, Beazer: Early Volume Plays

NEW YORK ( TheStreet) -- Several stocks trading near $5 were poised to move on above-average volume during Wednesday's session.

Halozyme Therapeutics (HALO - Get Report) should open lower Wednesday after the company late Tuesday filed a $100 million mixed securities shelf offering. The 50-day average daily volume for Halozyme is 397,000 shares, according to the Nasdaq. The stock closed Tuesday at $6.06, down nearly 1%.

Beazer Homes (BZH - Get Report) is expected to lose ground Wednesday after the homebuilder said late Tuesday that it will issue 18 million shares of common stock and $50 million in mandatory convertible subordinated notes due 2013. The three-month average daily volume for Beazer is 2.3 million shares, according to Yahoo! Finance. Shares of Beazer fell nearly 8% in Tuesday's after-hours session to $5.

Versar (VSR - Get Report) may see increased trading volume Wednesday after the company said it has acquired U.K. protective equipment maker Professional Protection Systems. The acquisition, which is expected to be accretive in the first year, will add approximately $5 million in annualized gross revenue, Versar said. The three-month average daily volume for Versar is 26,000. Shares slid 0.7% Tuesday to close at $3.06.

Nautilus Group (NLS - Get Report) should also see volume pick up after the company said it has completed the sale and licensing of certain assets of its commercial business to Xiamen World Gear Sports Goods. The sale is part of the company's decision to shed its commercial business so management can focus on consumer retail and direct businesses. Nautilus also said it will receive a federal tax refund of roughly $12.1 million before Jan. 31, about two months earlier than it had anticipated. The three-month average daily volume for Nautilus is 111,000. After falling almost 3% in trading Tuesday, Nautilus shares rallied 6% in the after-hours session to $2.15.

-- Written by Robert Holmes in Boston.

Check out all of Wednesday'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
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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BZH $8.22 0.00%
HALO $10.55 0.00%
NLS $17.64 0.00%
VSR $2.55 0.00%
AAPL $93.74 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs