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NEW YORK (

TheStreet

) -- Several stocks trading near $5 were poised to move on above-average volume during Tuesday's session.

Array BioPharma

(ARRY) - Get Array Technologies Inc Report

shares were set to rally Tuesday after the company late Monday reported a fourth-quarter loss of 44 cents a share, which was narrower than the loss of 55 cents analysts were expecting, according to Thomson Reuters. Revenue jumped nearly 25% to $9.6 million, also better than consensus. The 50-day average daily volume for Array BioPharma is 717,000, according to the

Nasdaq

. Shares closed Monday at $2.40 and were up more than 11% in Tuesday's premarket session.

Sterling Financial

(STSA) - Get Satsuma Pharmaceuticals, Inc. Report

was indicated to open sharply lower after the company late Monday posted a fourth-quarter loss of $6.41 a share, which shrank from the year-ago loss of $6.87 a share. Analysts polled by Thomson Reuters had expected a loss of 44 cents a share, although that may not compare to Sterling's results, which include a $340.3 million charge for the allowance for credit losses and $4.4 million in dividends for the Troubled Asset Relief Program. The 50-day average daily volume for Sterling Financial is 1.1 million shares. The stock finished Monday at 75 cents and were tumbling 22.7% in late trading.

Compugen

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(CGEN) - Get Compugen Ltd. Report

may trade higher after the company announced the discovery of a novel protein for treatment of autoimmune diseases. The 50-day average daily volume for Compugen is 1.65 million. Shares ended trading Monday at $3.95 and were up nearly 14% in early trading Tuesday.

Cedar Shopping Centers

(CDR) - Get Cedar Realty Trust Inc Report

should lose ground Tuesday after the company commenced a 7.5-million-share common stock offering. The three-month average daily volume for Cedar Shopping Centers is 226,000, according to Yahoo! Finance. The stock closed Monday at $7.17 and fell 7% in the after-hours session.

-- Written by Robert Holmes in Boston

.

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