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

8 Stocks Under $10 Making Big Moves

KIT Digital

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

KIT Digital (KITD), through its operating subsidiaries, provides enterprise clients an end-to-end technology platform for managing IP-based video assets across the browser, mobile device and Internet protocol television set-top box-enabled television set. This stock is trading up 6.7% at $7.62 in recent trading.

Today's Range: $7.00-$7.85

52-Week Range: $5.93-$12.73

Volume: 933,000

Three-Month Average Volume: 1.2 million

Shares of KITD are soaring today after the company announced that its non-executive chairman Kaleil Isaza Tuzman resigned, less than a month since the former chief executive had switched exclusively to the chairman role.

From a technical perspective, KITD is bouncing off of some previous support at around $6 today on decent volume. This move is now pushing KITD within range of triggering a near-term breakout trade. That trade will hit once KITD takes out some near-term overhead resistance at $8.16 with high-volume.

Traders should now look for long biased trades in KITD if it can manage to sustain a move and close above $8.16 with volume that's near or well above 1,228,510 shares. If we get that action soon, look for KITD to hit its 200-day moving average of $9.67 in the near future.

KIT Digital was included in a list of 13 Tech Stocks to Buy in 2012.
4 of 9

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

Check Out Our Best Services for Investors

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
EGT $2.00 3.96%
ECYT $4.07 -0.25%
DNN $0.63 5.00%
GLUU $2.71 -1.45%
AAPL $95.03 -2.90%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs