Xinde Technology (WTFS) Falls On Profit Booking
Shares of Xinde Technology Co (OTC:WTFS) slid 14.60% to $0.178 on Wednesday on profit booking as the stock had gained over 100% in the past one week.
Yesterday, WTFS stock jumped about 805 following the company said that it has tested its 6CT/6LT series of four cylinder and six cylinder diesel combustion engines. Along with Tianjin University.
WTFS’s product are popular for its r small volume, light weight, stable performance, low fuel consumption and high reliability and are widely used in generator sets, engineering machinery and vehicles.
WTFS had a total outstanding shares of 240 million, of which 55.05 million shares were floating. The company had a revenue of $113.96 during the latest fiscal year and net income of $22.01 million or 9 cents a share.
Shares of WTFS are trading well below its 50-Day Moving Average and 200-Day Moving Average of $0.47 and $0.81 respectively.
More Penny Stock News, IPO Updates and Stock Market Research.
***Sign up above for FREE WTFS Alerts from our eMail list***
Related posts:
- WTFS Xinde Technology Xinde Technology-WTFS , Chinese Reverse Merger Over It is common...
- Monday Stock Alerts WTFS, LTUM Stocks to Watch Monday SLV, F, P, LTUM, WTFS IShares...
- Stocks to Watch for Wednesday – WAMUQ, WTFS Stocks to Watch JPM, POT, GLD JP Morgan (JPM:NYSE) Despite...
- Wednesday Stock Alerts JCOF, WTFS KKD, JCOF, MMI, MCP, WTFS Krispy Kreme Doughnuts (KKD:NYSE) KKD...
- Friday Stocks to Watch WTFS, CDIV Stocks to Watch C, MMI, MS Citigroup (C:NYSE) Pulled back...
Related posts brought to you by Yet Another Related Posts Plugin.
Penny and Small Cap Stock Alerts