Tuesday, December 18, 2012

Top Stocks To Buy For 12/18/2012-2

Cardium Therapeutics Inc (AMEX:CXM) achieved its new 52 week high price of $0.57 where it was opened at $0.50 UP 0.110 points or +23.91% by closing at $0.570. CXM transacted shares during the day were over 7.79 million shares however it has an average volume of 1.04 million shares.

CXM has a market capitalization $47.37 million and an enterprise value at $44.18 million. Trailing twelve months price to sales ratio of the stock was 156.35 while price to book ratio in most recent quarter was 9.39.

The company made a return on asset of -49.67% in past twelve months and return on equity of -110.98% for similar period. In the period of trailing 12 months it generated revenue amounted to $244.48K gaining $0.00 revenue per share.

According to preceding quarter balance sheet results, the company had $3.18 million cash in hand making cash per share at 0.04. The total debt was $0.00 billion. Moreover its current ratio according to same quarter results was 2.74 and book value per share was 0.05.

Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 1.36% where the stock current price exhibited up beat from its 50 day moving average price of $0.23 and remained above from its 200 Day Moving Average price of $0.28.

CXM holds 83.10 million outstanding shares with 75.48 million floating shares where insider possessed 9.69% and institutions kept 1.60%.

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