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Wednesday, August 10, 2011

Hot Off The Press: (CYTR), (ATRO), (GTE), (NGSX), (OMER)

Cytrx Corporation (CYTR) announced their most recent earnings results for the quarter ended in June 2011. Earnings came in at $-0.03 per share compared to analyst estimates of $-0.05 per share. Earnings beat expectations by $0.02 per share or 40.0%. Investors might expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. Shares of CYTR fell by 2.02% or $-0.0069/share to $0.34. In the past year, the shares have traded as low as $0.33 and as high as $1.11. On average, 1399580 shares of CYTR exchange hands on a given day and today's volume is recorded at 80485.

Astronics Corp (ATRO) reported earnings results for the quarter ended June 2011. The company reported $0.39 per share when analysts were expecting earnings of $0.4. Earnings missed estimates by an unexpected -2.5% downside surprise. Investors could expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. Shares of ATRO fell by 0.82% or $-0.25/share to $30.25. In the past year, the shares have traded as low as $13.50 and as high as $34.19. On average, 29098 shares of ATRO exchange hands on a given day and today's volume is recorded at 5895.

Gran Tierra Energy, Inc (GTE) reported earnings results for the quarter ended June 2011. Analysts were expecting $0.16 per share, and the company reported $0.11 per share. Earnings were unexpectedly -31.25% lower or $-0.05 per share below estimates. Investors might expect the stock price to decrease as earnings were worse than expected. Further analysis may need to be conducted to determine whether the downswing will occur. A total of 2 analysts are currently covering this company. Shares of GTE fell by 1.47% or $-0.08/share to $5.37. In the past year, the shares have traded as low as $5.04 and as high as $9.64. On average, 1040970 shares of GTE exchange hands on a given day and today's volume is recorded at 201027.

Neurogesx, Inc (NGSX) reported earnings results for the quarter ended June 2011. Analysts were expecting $-0.71 per share, and the company reported $-0.81 per share. Actual earnings missed estimated earnings by $-0.1 per share. Investors could expect the stock price to fall as earnings were below expectations. Examining previous stock price movement may help to further determine the direction of the share price. Guidance, stock price, and revenue estimates must be considered as well. A total of 4 analysts are currently covering this company. Shares of NGSX fell by 3.9% or $-0.08/share to $1.97. In the past year, the shares have traded as low as $1.52 and as high as $7.55. On average, 165025 shares of NGSX exchange hands on a given day and today's volume is recorded at 110669.

Omeros Corporation (OMER) reported earnings results for the quarter ended June 2011. Analysts were expecting $-0.38 per share, and the company reported $-0.24 per share. Earnings were 36.84% larger than expected. An upside surprise. Investors could expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. A total of 5 analysts are currently covering this company. Shares of OMER fell by 5.21% or $-0.21/share to $3.82. In the past year, the shares have traded as low as $3.93 and as high as $8.54. On average, 109141 shares of OMER exchange hands on a given day and today's volume is recorded at 37858.