Benzinga's Microcap Movers for Wednesday March 21, 2012
Below are highlights from Benzinga's daily coverage of microcap securities making big moves:
Shares of Origin Agritech (NASDAQ: SEED), the Chinese agricultural biotechnology company, specializing in the research, development, production, sale, and distribution of crop seeds, rose 22% Wednesday on 36 times the average daily volume.
Monness Crespi stated Wednesday that Origin Agritech is close to becoming the first to win approval to sell genetically modified seed in China.
Origin Agritech closed at $3.09 on Wednesday.
India Globalization Capital
Shares of India Globalization Capital (NYSE: IGC), the Bethesda, MD-based integrated infrastructure company in India and China, rose 7% Wednesday on twice the average daily volume.
OTC Stock Review issued a positive report on the company on Wednesday
India Globalization Capital closed at $0.52 on Wednesday.
Shares of Cel-Sci Corporation (NYSE: CVM), the Vienna, VA biotech company, rose 27% Wednesday on 4.5 times the average daily volume.
A positive BioMedReports release appears to be the reason for the move.
Cel-Sci Corporation closed at $0.59 on Wednesday.
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