NASDAQ Stocks Hitting 52-Week Highs (ATRC, DTPI, LORL, RDCM)
AtriCure Inc (NASDAQ: ATRC) shares reached $7.49 to create a new 52-week high, before falling to $7.21. Analysts at Maxim Group initiated coverage of ATRC with a “buy” rating.
Diamond Management & Technology Consultants Inc (NASDAQ: DTPI) shares rose 30.45% to touch a new 52-week high of $12.44. PricewaterhouseCoopers LLP has agreed to buy all of the outstanding common shares of DTPI for $378 million or $12.50 per share in cash, representing a premium of 31% to DTPI's closing price on August 23, 2010.
Loral Space and Communications Inc (NASDAQ: LORL) shares reached $54.50 to create a new 52-week high, before falling to $54.42, representing a 4.47% gain. LORL’s shares have jumped 128.77% over the past 52 weeks, while the S&P 500 index has gained 4.07% in the same period.
Radcom Ltd (NASDAQ: RDCM) shares gained 3.23% to create a new 52-week high of $7.99. RDCM’s shares have advanced 905.20% over the past 52 weeks, while the S&P 500 index has gained 4.07% in the same period.
Read more from Benzinga's Company news.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.