Assured Guaranty, Ltd.
Assured Guaranty, Ltd. (NYSE: AGO), a holding company that offers credit enhancement solutions to public finance, structured finance, and mortgage markets, gained significantly in after-hours trading yesterday, and is presently at $36.94 per share, an increase of 12.2 percent on 12,710 shares traded. AGO stocks are trading 1.01 percent higher than their 50-day moving average, and 20.14 percent above the company’s 200-day moving average. AGO stocks, however, are still 8.19 percent below their 52-week high, but still 100.80 percent above their 52-week low. PE and market cap statistics are at 9.19 and $4.38 billion respectively.
Colonial Properties Trust (NYSE: CLP), a company that sustains and operates multifamily communities, primarily those in the “Sun Belt” region, is trading at 8.5 percent higher in after-hours trading; stocks are at $25.56 per share on 46,000 shares traded. Compared to its 50-day and 200-day moving average, CLP is trading 0.09 percent and 6.98 percent higher respectively. CLP stocks are some 6.77 percent below their 52-week high and 23.17 percent above their 52-week low.
Also moving up by over six percent in after hours trading are China Precision Steel, Inc. (NASDAQ: CPSL), up 7.6 percent to $1.55 per share, and Texas-based energy company Matador Resources Company(NYSE: MTDR), up 6.6 percent to $15.45 per share. CPSL is trading 60.22 percent below its 52-week high and 585.71 percent above its 52-week low, while MTDR shares are 6.63 percent lower than their 52-week high, and 91.29 percent above their 52-week low.
Three other companies traded three percent higher or better in August 9 after-hours trading. Acacia Research Corporation (NASDAQ: ACTG), a company that acquires, develops, licenses and enforces inventions with patents, is up 5.0 percent to $24.11 per share, on 1,130 shares traded, and is 28.79 percent below its 52-week high and 16.87 percent higher than its 52-week low.
Biopharmaceutical company Cadence Pharmaceuticals, Inc. (NASDAQ: CADX) moved up 4.2 percent to $6.40 per share on 2,100 shares traded. Interestingly, CADX’s stock is oversold, as its RSI is presently at 29.94. The company’s stock is presently 25.67 percent below its 52-week high and 113.19 percent above its 52-week low.
Also, James River Coal Company, (NASDAQ: JRCC), which owns mining complexes in parts of Indiana, Kentucky, West Virginia , saw its stock rise 3.00 percent to $2.05 per share, on 20,000 shares traded. Compared to 52-week highs and lows, JRCC is trading 66.21 percent lower and 36.30 percent higher, respectively.
Trading higher by less than three percent, but still worth mentioning in after-hours trading, are Spark Networks, Inc. (NYSE: LOV), up 2.9 percent to $8.1882, AK Steel Holding (NYSE: AKS), up 2.8 percent to $3.6697, Hillshire Brands Company (NYSE: HSH), up 2.5 percent to $33.5717, Sandridge Mississippian Trust II (NYSE: SDR), up 2.1 percent to $15.72, The Mosaic Company (NYSE: MOS), up 2.1 percent to $43.3811, and Air Lease Corporation (NYSE: AL), up 1.9 percent to $27.4743.
The stock market’s major indices, namely the Dow Jones Industrial Average, the S&P 500, and the NASDAQ composite, were all down slightly at the close of yesterday’s trading.