Pre-Market Analysis on Celsion, Velti, Heckmann, FuelCell Energy, and Diamond Foods
LONDON, March 12, 2013 /PRNewswire/ --
Equity markets extended their gains from last week on Monday as investors continued to pour money into risk assets. The Dow Jones logged in another record high finish even as global equity markets stumbled after some weak Chinese economic data and Italy's credit rating downgrade. The rally in the U.S. equity market can be attributed to improving outlook for the economy. A better-than-expected earnings season has also lifted investors' sentiment. Heckmann Corporation (NYSE: HEK), FuelCell Energy Inc. (NASDAQ: FCEL), and Diamond Foods Inc. (NASDAQ: DMND) are among the companies that have recently reported their quarterly earnings. Meanwhile, Celsion Corporation (NASDAQ: CLSN) and Velti Plc (NASDAQ: VELT) are expected to report results today. StockCall has posted free technical research on CLSN, VELT, HEK, FCEL, and DMND which can be downloaded upon sign up at
http://www.stockcall.com/signup
Shares of Celsion Corporation edged higher in Monday's trading session. The stock closed 2.68% higher at $1.15 on volume of 3.03 million. In the last three trading sessions, Celsion's shares have gained 12.75%. Despite the recent gains, the stock has fallen nearly 86% this year. The company's 50-day moving average recently moved below its 200-day moving average, forming a "death cross." This is a very strong bearish signal. The biotech company is expected to release its financial results for the fourth quarter today. Sign up and read the complimentary report on CLSN at
http://www.StockCall.com/CLSN031213.pdf
Shares of Velti Plc slipped in Monday's trading session. The stock closed 1.53% lower at $3.21 on volume of 1.88 million. It fell to an intra-day low of $3.12 yesterday, and the stock is currently trading close to its 52-week low of $3.07. Velti's shares have fallen more than 9% in the last three trading sessions. Year-to-date, the stock has fallen more than 30%. The company's shares are currently trading well below their 50-day and 200-day moving averages. The stock has come under pressure ahead of the release of the company's fourth quarter results. The Business Software & Services company will release its quarterly results after the market close today. The free report on VELT can be downloaded by signing up now at
http://www.StockCall.com/VELT031213.pdf
Shares of Heckmann Corporation rose sharply on Monday. The stock extended its gains in after-hours trading as investors digested the company's fourth quarter financial results. For the fourth quarter ended December 31, 2012, Heckmann Corporation reported revenue of $113.2 million, and adjusted EBITDA of $14.7 million. For 2013, the company expects revenue to be between $750 million and $825 million. In regular trading on Monday, the Waste Management company shares rose 3.63% to finish the day at $3.71. The stock rose another 8.36% in afterhours trading yesterday. Free report on HEK can be accessed by registering at
http://www.StockCall.com/HEK031213.pdf
Shares of FuelCell Energy Inc. tumbled in afterhours trading on Monday after the company reported its first quarter financial results. The company's revenue for the quarter came in at $36.4 million, compared to $31.3 million reported for the same period in the previous year. Net loss for the quarter was $12.5 million, or $0.07 per share, up from $6.7 million, or $0.05 per share reported for the same period in the previous year. Shares of the Electric Utilities company fell 6.73% to $0.97 in afterhours trading yesterday. The stock had finished flat at $1.04 in regular trading. Register with StockCall and download the research on FCEL for free at
http://www.StockCall.com/FCEL031213.pdf
Diamond Foods Inc. also reported its quarterly results after market close on Monday. For the second quarter, the company reported net income of $10.1 million, or $0.43 per share, compared to a loss of $20.2 million, or $0.93 per share reported for the same period in the previous year. Despite swinging to a profit in the second quarter, Processed & Packaged Goods company shares fell nearly 6% in afterhours trading yesterday. Read the full free research on DMND by signing up to StockCall at
http://www.StockCall.com/DMND031213.pdf
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