Stocks started off after having ended their strongest quarter in over two years on a positive note on Monday. NYSE penny stocks WG, DRL and XIN also saw their fair share of momentum trading as their price of their stock advanced in yesterday’s trading session. It was a great start for the week for these three stocks which should each be added to the penny stocks list and watched closely.
Here is a list of the Top 3 NYSE listed Penny Stocks worth noting from the last trading session. (Click ticker symbol for full details)
Subscribe today and get our next stock alert delivered to your inbox FREE.
|WG||Willbros Group Inc.||$3.39||+0.69 (21.30%)|
Willbros Group Inc. (NYSE: WG) was expected to report earnings Monday before the opening bell but rather provided an update which sent share price soaring on nearly 10 times the 3 month average daily volume. WG stock rebounded hugely off its 52-week lows jumping 69 cents, 21.30%, on volume of 3,107,657 shares to close at $3.39. The share price of NYSE penny stock WG is still a long way from its 52 Week High (4/20/2011) of $11.00.
Willbros Group, an oil services firm, beat consensus ($388.5 million) with their preliminary fourth quarter revenue of $404.9 million and also announced a new contract from Energy Transfer Partners. The contract calls for WG to build a portion ETP’s Red River Gathering pipeline.
|DRL||Doral Financial Corp.||$1.86||+0.32 (20.78%)|
Doral Financial Corp. (NYSE: DRL) traded close 6 month record volume Monday which could be the start of another rally for the penny stock. Share in DRL jumped 32 cents, 20.78% on volume of 2.27 million to close at $1.86. Investors had the weekend to digest the company’s 10-K filed on Friday which reported its lowest net loss and highest net income in over five years. (see 10-K here)
Doral Financial operates as a bank holding company providing a range of banking and financial services primarily in Puerto Rico (31%) and New York (69%). Last time there was a volume spike like this in the penny stock, the share price of DRL went from $0.60 to $1.65 over a 2 month period.
|XIN||Xinyuan Real Estate Co.||$3.85||+0.38 (10.95%)|
Shares in Xinyuan Real Estate Co., Ltd. (NYSE: XIN) continued to surge since the Chinese based real estate company reported a 100% increase in Net Income attributable to shareholders of $102,3 Million over a month ago. Shares in NYSE penny stock XIN climbed 38 cents, nearly 11%, setting a new 52 Week high of $3.90 before closing at $3.85. (see XIN financial results here)
Shares in XIN are up 120% for the year thus far and volume has steadily increased considering the 200 Day Average Volume is 218,868 compared to the 50 and 20 Day Average Volume; 279,597 and 412,672 respectively. XIN stock now has a Price to Earnings Ratio of 2.80 and Current Earnings per Share of $1.36.
Want Tomorrow’s Penny Stock Winners Today?
If you want to get an early read on some of tomorrow’s major penny stock gainers, subscribe to the newsletter where we target hidden winners in a booming industry. The newsletter is free — like this article — but the stock’s we highlight won’t be at rock bottom prices forever.