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) - Get Report

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) - Get Report

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.

(

Earlier at 7:26 a.m. EST

)

Art Technology Group

( ARTG) should open higher Monday after the software company posted a fourth-quarter profit of 6 cents a share, matching the Thomson Reuters average estimate. Revenue in the quarter rose 14.5% from a year ago to $49.7 million, coming in ahead of the consensus target of $47 million. In addition, ATG announced a 25-million-share common stock offering. The 50-day average daily volume for ATG is 855,000, according to the

Nasdaq

. The stock closed Friday at $4.48.

Pacific Capital Bancorp

(PCBC)

shares may gain ground Monday after the community bank holding company reported a fourth-quarter loss of 43 cents a share, narrower than the 58-cent-a-share loss analysts were predicting, according to Thomson Reuters. The 50-day average daily volume for Pacific Capital is 1.89 million shares. Shares ended Friday's session at $1.18.

Generex Biotechnology

(GNBT)

should open lower after the company filed late Friday to renew and replace a $150 million mixed securities shelf offering. The 50-day average daily volume for Generex is 3.16 million. The stock closed Friday at 63 cents

Office products company

Champion Industries

(CHMP)

should start the week in negative territory after reporting a fourth-quarter adjusted loss of 13 cents a share, worse than the single analyst estimate for a profit of 9 cents a share. Revenue of $33.9 million was down 23% from a year ago and also fell short of the lone analyst target. The 50-day average daily volume for Champion is 6,800 shares. Shares ended Friday's session at $1.49.

-- Written by Robert Holmes in Boston

.

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