Market Overview

Microcap Movers for Friday December 2 , 2011

Below are highlights from Benzinga's daily coverage of microcap securities. Benzinga provides comprehensive, objective, and conflict-free coverage of the microcap sector in real-time at BenzingaSmallCap.com.

Atlantic Coast Federal

Shares of Atlantic Coast Federal (NASDAQ: ACFC), the Jacksonville, FL bank holding company, rose 49% Friday on 5 times the average daily volume. On November 28, the company announced it had hired Stifel, Nicolaus & Company to assist the Company in exploring strategic alternatives to enhance stockholder value.

Atlantic Coast Federal traded in a range of $1.20 to $1.78 Friday, closing at $1.75.

Athersys

Athersys (NASDAQ: ATHX), the Cleveland, OH clinical stage biopharmaceutical company, rose 25% Friday on 5 times the average daily volume. A positive Seeking Alpha blog post sent shares higher.

Athersys was a presenter at the Piper Jaffray Health Care Conference, November 29 & November 30.

Shares of Athersys traded in a range of $1.33 to $1.70 on Friday and closed at $1.66.

Advanced Photonix

Shares of Advanced Photonix (NYSE: API) the Ann Arbor, MI supplier of opto-electronic solutions and Terahertz sensors and instrumentation to a global OEM customer base, rose 15% Friday. The company currently has a contract with NASA for development of a computed tomography terahertz scanner accessory designed for single-sided inspection of spacecraft and launch vehicle composite structures.

There has been insider buying in Advanced Photonix stock in recent weeks by CFO Jeffrey Anderson and others.

Advanced Photonix traded in a range of $0.55 to $0.64 Friday on 2.5 times the average daily volume, and closed at $0.61.

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Posted-In: News After-Hours Center Movers Trading Ideas General

 

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