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. (NASDAQ: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. (NASDAQ: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. (NASDAQ: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. (NASDAQ: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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