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!

Smart Modular, Cosan: Early Volume Plays

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

Smart Modular Technologies (SMOD) shares rallied by 87 cents, or 14.3%, to $6.95 in the premarket session after the memory subsystems company raised its fiscal second-quarter earnings guidance to a range of 14 cents to 16 cents a share, well ahead of the Thomson Reuters average estimate of 8 cents a share. The company's second-quarter revenue guidance is also above consensus. Smart Modular also offered better-than-expected earnings and revenue guidance for its fiscal third quarter. The 50-day average daily volume for Smart Modular is 622,000, according to the Nasdaq.

Cosan Limited (CZZ) jumped by 60 cents, or 7.7%, to $8.40 in the premarket session after Reuters reported that the sugar and ethanol company signed a $12 billion ethanol deal with Royal Dutch Shell (RDS.A). The three-month average daily volume for Cosan is 1.8 million, according to Yahoo! Finance.

Ness Technologies (NSTC) gained by 45 cents, or 8.1%, to $5.99 in the premarket session after the business services company won a public tender worth $19 million to provide online land registry services to the Geodesy, Cartography and Cadastre Authority of the Slovak Republic. The 50-day average daily volume for Ness Technologies is 160,000.

Highway Holdings (HIHO) jumped by 24 cents, or 13.4%, to $2.02 in the premarket session after the integrated manufacturer reported a fiscal third-quarter profit of 7 cents a share, more than doubling year-ago results. The 50-day average daily volume for Highway Holdings is 15,000.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
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 17,081.61 -5.02 -0.03%
S&P 500 1,989.64 +2.63 0.13%
NASDAQ 4,477.2580 +3.5610 0.08%

Brokerage Partners

Rates from Bankrate.com

  • 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