July 16, 2013 at 11:40 AM EDT
Five Star Equities Issues New Research Reports on FST, IQNT, OCZ, XPO
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Forest Oil Corporation (NYSE: FST) shares spiked 4.80 percent to close at $4.80 a share Monday. The stock traded between $4.67 and $4.95 on volume of 6.32 million shares traded. The company announced that it will initiate a marketed process to pursue the sale of its Texas Panhandle assets. Shares of Forest Oil have fallen approximately 25.25 percent year-to-date.
Get more information on Forest Oil and free access to the in-depth equity report at: www.FiveStarEquities.com/FST
Inteliquent Inc. (NASDAQ: IQNT) shares soared 39.57 percent to close at $8.50 a share Monday. The stock traded between $7.04 and $8.73 on volume of 3.84 million shares traded. The company has raised its 2013 financial estimates. Revenues are now expected to be in the range of $215 million to $225 million. Shares of Inteliquent have gained approximately 230.0 percent year-to-date.
Get more information on Inteliquent and free access to the in-depth equity report at: www.FiveStarEquities.com/IQNT
OCZ Technology Group Inc. (NASDAQ: OCZ) shares dropped 5.45 percent to close at $1.56 a share Monday. The stock traded between $1.52 and $1.65 on volume of 1.91 million shares traded. Due to “continued tight supply of NAND flash” chips the company expects revenues for the fiscal first quarter to be in the range of $50 million to $55 million. Shares of OCZ Technology Group have dropped approximately 18.3 percent year-to-date.
Get more information on OCZ Technology Group and free access to the in-depth equity report at: www.FiveStarEquities.com/OCZ
XPO Logistics Inc. (NYSE: XPO) shares surged 14.81 percent to close at $21.78 a share Monday. The stock traded between $19.29 and $21.97 on volume of 878,216 shares traded. The company has agreed to acquire 3PD Inc. for approximately $365 million. Shares of XPO Logistics have gained approximately 25.3 percent year-to-date.
Get more information on XPO Logistics and free access to the in-depth equity report at: www.FiveStarEquities.com/XPO
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