LightPath Technologies ( LPTH) engages in the design, development, manufacture, and distribution of optical components and assemblies in the U.S. and internationally. This stock is trading up 30% to $1.50 in recent trading. Today's Range: $1.25-$1.60 52-Week Range: $0.85-$2.47 Volume: 74,000 Three-Month Average Volume: 30,771 >>5 Rocket Stocks Worth Buying From a technical perspective, LPTH is soaring big-time today on above-average volume. This move has pushed the stock back above both its 200-day moving average at $1.48 and its 50-day moving average at $1.52. This monster spike in LPTH has also put the stock within range of triggering a near-term breakout trade. That trade will hit once LPTH takes out some near-term overhead resistance at $1.59 with heavy volume. Traders should now look for long-biased trades in LPTH if it manages to close above both moving averages and above $1.59 with volume that's near or well above 30,771 shares. If we get that action soon, look for LPTH to make a run at its recent high of $2.20.
NewLead Holdings (NEWL) stock is lower in after-hours trading following a judge's decision to deny the company its preliminary injunction attempting to stop Ironridge Global IV from obtaining additional shares of NewLead.
Shares of NewLead (NEWL) are up over 40% after the Greek shipping company announced that the company was granted a Temporary Restraining Order against Ironridge Global IV, Ltd. prohibiting the further issuance of common shares in payment of dividends on Series A Preference Shares of NewLead.