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NEW YORK (

TheStreet

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

Flotek

(FTK)

were set to trade lower after the company late Thursday offered a disappointing year-end update on its operations. Flotek said it does "not expect meaningful growth in this business until mid-2010. Weather and holidays also impact this business line." The three-month average daily volume for Flotek is 571,000, according to Yahoo! Finance. The stock closed Thursday at $1.34.

Compugen

(CGEN)

shares jumped 7.4% to $5.21 in the premarket session in the absence of any company-specific news. Last week, Compugen rallied after it completed a $20 million offering of 4.1 ordinary million shares at weighted average price of $4.91 per share. The 50-day average daily volume for Compugen is 1.41 million, according to the

Nasdaq

.

Morton's Restaurant Group

(MRT)

and

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Ruth's Hospitality

(RUTH)

could trade higher Monday after Piper Jaffray analysts upgraded the stocks to underweight from neutral, citing improved corporate travel and stabilizing same-store sales. Morton's closed Thursday at $2.91, and Ruth's ended the week at $2.09. The three-month daily average volume for Morton's is 88,500, while the 50-day average daily volume for Ruth's is 291,000 shares.

WebMediaBrands

( WEBM) said it has acquired social-media tradeshow company

3rd Power

from Charles Edward Hudson as well as several new tradeshows to be launched in 2010. Terms of the acquisition were not disclosed. The 50-day average daily volume for is 137,000 shares. The stock dropped 11.1% on Thursday to close at 88 cents.

-- Written by Robert Holmes in Boston

.

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