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

Streamline Health, Hoku: Early Volume Plays

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

Streamline Health (STRM - Get Report) jumped by 39 cents, or 19.8%, to $2.39 in the premarket session after the company posted a fourth-quarter profit of 17 cents a share on revenue of $6.3 million, compared to the single analyst target of 16 cents a share on revenue of $6.28 million. Streamline said revenue from application hosting services increased by 44% from the year-ago quarter. The 50-day average daily volume for Streamline is 12,000, according to the Nasdaq.

Hoku Scientific (HOKU) was set to trade higher after the company said it has initiated pilot production of polysilicon at its manufacturing facility in Pocatello, Idaho. Shares closed Wednesday at $2.48 and were up more than 5% in the after-market session. The 50-day average daily volume for Hoku is 100,000.

EF Johnson Technologies (EFJI) gained 6 cents, or 6.2%, to $1.01 in the premarket session after the company said it has obtained two additional orders totaling $6.7 million from a State Transportation Department. The 50-day average daily volume for EF Johnson is 41,500.

VirnetX Holding (VHC) may lose ground after the company's independent public accounting firm included in its annual report a "going concern" qualification. VirnetX shares closed Wednesday at $5.17. The three-month average daily volume for VirnetX is 587,000, according to Yahoo! Finance.

-- Written by Robert Holmes in Boston.

Check out all of Thursday'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
Submit an article to us!
SYM TRADE IT LAST %CHG
STRM $2.33 4.50%
VHC $6.42 0.78%
AAPL $128.70 -0.19%
FB $78.81 -0.23%
GOOG $540.66 0.51%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs