POINT ROBERTS - July 15, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 14, 2011. Omega Navigation Enterprises, Inc topped the gainer list, rising about 46% on Thursday.
Omega Navigation Enterprises, Inc. ONAV was the biggest gaineron Nasdaq and soared 0.135 (45.81%) to $0.43 following it announced that, in connection with its Chapter 11 proceedings in Houston, Texas, the Court has granted all of the interim relief that Omega requested.
Icagen, Inc. ICGN also rose 1.85 (30.58%) to $7.90 on no news. The stock also made a new 52-week high of $8.20 on Thursday with more than 5.50 million shares compared to its average volume of 490K shares. The company has a market capitalization of $59.24 million.
Universal Forest Products, Inc. UFPI climbed 5.06 (21.02%) to $29.13 after the company said that its revenue during the second quarter 2011 fell 14.80% year over year to $544.1 million. The company said it won't resume giving forecasts because of challenging economic conditions. Analysts were estimating the company to report revenue of $564 million.
Gulf Resources, Inc. GURE surged 0.42 (13.00%) to $3.65 it announced that its Chairman, Ming Yang and his family will hold their shares for the next three years and confirmed that Gulf Resources maintains 100% ownership of its two PRC subsidiaries Shouguang City Haoyuan Chemical Ltd. Co. ("SCHC") and Shouguang Yuxin Chemical Industry Co., Ltd. ("SYCI")
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