Benzinga's Microcap Movers for Tuesday July 24, 2012

Below are highlights from Benzinga's daily coverage of small cap and microcap securities making big moves:

Shares of SUTIMCo (

), the Santa Ana, CA multi-project business development company, rose 202% Tuesday on 26 million shares. SUTIMCo President Nathaniel Rossique told Benzinga "there hasn't been any announcement today that would have created the increase in price per share. I believe the momentum is due to an increase in awareness." SUTIMCo closed at $0.02 on Tuesday.

Catalyst Pharmaceutical Partners

, the Coral Gables, FL development-stage specialty pharmaceutical company, rose 22.73% Tuesday on 14 times average volume. A positive

article appears to be the reason for the move. Catalyst Pharmaceutical Partners closed at $1.35 on Tuesday.

Shares of Ultrapetrol

, the Bahamas-based marine transportation services company, rose 36.90% Tuesday on 3 times average volume. Ultrapetrol announced Tuesday the sale of a further 14 wet and dry barges to a third party in Colombia. The barges are scheduled for delivery starting at the end of 2012 and extending through the second quarter of 2013. This sale will provide the Company with proceeds of $20.3 million, of which 50% will be advanced by the buyer. With this sale, the yard is fully employed until the end of the first quarter of 2013. Ultrapetrol closed at $1.15 on Tuesday.