Morning Market Movers
Magal Security Systems Ltd (NASDAQ: MAGS) surged 32.24% to $6.03 at 9:55 am. MAGS reported a 122.9% y/y surge in its Q4 revenue.
GMX Resources Inc (NYSE: GMXR) shares advanced 28.72% to $1.61. GMXR reported that it has successfully drilled and completed its fourth operated horizontal Bakken well.
SmartHeat Inc (NASDAQ: HEAT) climbed 16.76% to $6.13. SmartHeat's total sales in the fourth quarter surged to $33.68 million, versus $16.57 million in Q3 2011.
Crescent Financial Bancshares Inc (NASDAQ: CRFN) surged 15.40% to $4.4199. CRFN had $25.36 million in total cash for the recent quarter.
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