Arotech Corp.
Arotech Corp. (NASDAQ: ARTX) was the leading gainer in after hours trading for August 12, 2013, trading at $2.26, or an increase of 26.3 percent on 23,700 shares traded. The company’s RSI, however, is at 71.66, suggesting that ARTX stock is overbought. ARTX is trading 21.34 percent higher than its 50-day moving average and 50.27 percent above its 200-day moving average. The 26.3 percent gain left the company’s stock only 7.25 percent below its 52-week high and 152.11 percent higher than its 52-week low. Arotech offers defense and security solutions for military and law enforcement markets, as well as the consumer market.
After hours trading was quite favorable to four other companies that saw their stocks improve by over 6 percent. Mecox Lane, Ltd. (NASDAQ: MCOX) improved 8 percent to $7.69 per share on 28,280 shares traded, though its RSI of 82.68 means that its stock is currently overbought. The increase pushed MCOX 169.31 percent and 137.78 percent respectively above its 50-day and 200-day moving average. The company’s stock is 9.64 percent below its 52-week peak and a generous 326.35 percent above its 52-week low.
Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK) moved up 7.9 percent to $4.36 per share on 7,900 shares traded, while Avanir Pharmaceuticals (NASDAQ: AVNR) improved 7.1 percent to $4.82 per share on 198,020 shares traded. While Avanir shares are 1.80 percent and 37.51 percent above its 50-day and 200-day moving averages respectively, MACK shares had actually rallied a bit in after hours trading, as stock is trading 27.11 percent below its 50-day moving average and 32.61 percent below its 200-day average. Merrimack is also trading just 6.04 percent above its 52-week low.
Nektar Therapeutics (NASDAQ: NKTR), a biopharmaceutical company, traded at $12.41 per share, an increase of 6.8 percent on 13,700 shares traded. The company’s stock is trading 3.69 percent better than its 50-day moving average and 21.90 percent above its 200-day moving average.
Xenoport, Inc. (NASDAQ: XNPT) and Rambus, Inc. (NASDAQ: RMBS) both improved between 5 and 6 percent in after hours trading, with the former company trading at $4.83, or up 5.2 percent on 6,900 shares, and the latter trading at $9.22, an increase of 5 percent on 8,630 shares traded. Xenoport, another biopharmaceutical enterprise, is still trading 13.22 percent below its 50-day moving average and 34.75 percent below its moving average for 200 days. Technology licensing company Rambus, on the other hand, is at 4.07 percent below and 34 percent above its 50-day and 200-day moving averages respectively.
Other substantial gainers included Laredo Petroleum Holdings, Inc. (NYSE: LPI), up 4.5 percent to $25.4535 per share, PharMerica Corporation (NYSE: PMC), up 4.1 percent to $14.08, XOMA Corporation (NASDAQ: XOMA), up 3.9 percent to $4.02, EarthLink, Inc. (NASDAQ: ELNK), up 3.5 percent to $5.33 per share, Air Products & Chemicals, Inc. (NYSE: APD), up 3.4 percent to $106.70, Cal Dive International, Inc. (NASDAQ: DVR), up 3.2 percent to $2.28, Performance Technologies, Inc. (NASDAQ: PTIX), up 3.1 percent to $2.99, and finally NetQin Mobile, Inc. (NYSE: NQ), up 3.0 percent to $16.37 per share.