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Market Overview

New 52-Week High Stocks (HEAT,GTN,IOC,MDRX,SXCI)

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SmartHeat Inc (NASDAQ: HEAT) crossed its earlier 52-week high of $10.72 and touched a new 52-week high at $12.79 in today’s morning trade. Currently the stock is trading at $11.75, up 17% on 3.60 million shares after it announced the pricing of a public offering of 7,246,087 shares of its common stock at a public offering price of $9.00 per share.
Gray Television, Inc. (NYSE: GTN) soared 17% to $2.11 on total volume of 872K shares compared to 344K average volume. Today it made a new 52-week high of $2.24.

InterOil Corporation (USA) (NYSE: IOC) was another which made a new 52 week high of $40.87 and now trades at $39.49, increased 14% after Morgan Stanley initiating coverage with an Overweight rating and $65 target.

SXC Health Solutions Corp. (USA) (NASDAQ: SXCI) made a new 52-week high at $46.80 and Currently trading higher 8.51% at $45.12 on unusual volume of 2.18 million shares. Yesterday, it announced the pricing of its previously announced public offering of common shares. Under the offering, SXC will sell 4,500,000 common shares at a price to the public of $41.50 per share.

Allscripts-Misys Healthcare Solutions (NASDAQ: MDRX) today broken its previous 52-week high and made a new high at $18.71 and now up 6.59% and now trades at $18.44 with a total volume of 1.53 million shares. Today, Piper Jaffray & Co. upgraded the company from Neutral to Overweight.

 

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Posted-In: Intraday Update Movers