Small Cap New Highs: Stillwater Mining Company (NYSE:SWC), Comstock Resources (NYSE:CRK), Rambus (NASDAQ:RMBS), Knight Transportation (NYSE:KNX)

Posted by on Apr 15, 2014

Stillwater Mining Company (NYSE:SWC) was the target of unusually large options trading on Monday. Investors purchased 10,190 call options on the stock, AR Network reports. This is an increase of 285% compared to the typical daily volume of 2,645 call options. Stillwater Mining Company (NYSE:SWC) shares after opening at $15.74 moved to $16.65 on last trade day and at the end of the day closed at $16.21. Company price to sales ratio in past twelve months was calculated as 1.87 and price to cash ratio as 3.91. Stillwater Mining Company (NYSE:SWC) showed a positive weekly performance of 7.56%.

Comstock Resources Inc (NYSE:CRK) is an intriguing stock that comes across as in interesting play. The reason for this is that the stock reveals decent price momentum while earnings estimate revisions have also gone up, thus suggesting growing wave of optimism around the stock. For the current quarter, the past 30 days have seen two positive earnings revisions in the stock against one negative revision. As a result, the consensus earnings estimate has jumped 300 percent to 4 cents per share from 1 cent 30 days ago. The story about earnings revision is the same for the current year where five positive revisions have been noted against no negative revision. Thus, consensus earnings estimate for the current year has gone up to 45 cents per share (up 55.2 percent) from 29 cents in the past 30 days. With the stock price moving up modestly in the past four weeks and consensus earnings estimate adjusting upward, the bottom line is that investors may want to consider Comstock Resources Inc (NYSE:CRK). Comstock Resources Inc (NYSE:CRK) shares advanced 8.94% in last trading session and ended the day on $25.58. CRK return on equity ratio is recorded as 1.50% and its return on assets is 0.60%. Comstock Resources Inc (NYSE:CRK) yearly performance is 70.99%.

Benchmark Co. initiated coverage on shares of Rambus (NASDAQ:RMBS) in a research report released on Friday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $16.00 price objective on the stock. Rambus Inc. (NASDAQ:RMBS) shares moved up 1.12% in last trading session and was closed at $11.73, while trading in range of $11.49-$11.94. Rambus Inc. (NASDAQ:RMBS) year to date performance is 23.86%.

Knight Transportation (NYSE:KNX) shares reached a new 52-week high during trading on Monday after Deutsche Bank raised their price target on the stock from $19.00 to $20.00, Stock Ratings Network reports. Deutsche Bank currently has a hold rating on the stock. Knight Transportation traded as high as $24.07 and last traded at $23.97, with a volume of 576,096 shares changing hands. The stock had previously closed at $23.08. Knight Transportation (NYSE:KNX) weekly performance is 5.15%. On last trading day company shares ended up $23.90. Knight Transportation (NYSE:KNX) distance from 50-day simple moving average is 8.03%. Analysts mean target price for the company is $22.14.

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