FieldPoint Petroleum, Pyramid Oil and Credo Petroleum among 52-week highs
Here are Wednesday’s biggest percentage gainers and losers, along with top volume leaders, among companies with a market cap between $50 million and $750 million:
Biggest percentage gainers:
• Samson Oil & Gas Ltd. (AMEX:SSN), up 68.7% to $6.51 after the Australian oil and gas producer signed an agreement to give Samson a 100% working interest and 75% revenue interest in a 320-acre area close to an oil producing field. Samson paid $300 per acre and is required to drill an initial well within a year or risk forfeiting the lease for the acreage.
• CREDO Petroleum Corp. (Nasdaq:CRED), up 32.1% to $16.46 despite no significant announcements.
• The Walking Company Holdings, Inc. (Nasdaq:WALK), up 26.3% to $6.00 despite no reports from the company.
Biggest percentage losers:
• US Airways Group, Inc. (NYSE:LCC), down 22.1% to $5.35 after the Tempe, Ariz.-based airline operator said Wednesday afternoon that it had no plans to charge passengers for the first checked bag. American Airlines (NYSE:AMR) said Wednesday that it will start charging passengers $15 for the first checked bag. Also sending the stock lower, US Airways posted a 2.5% increase in the number of full-time employees in March, according to the U.S. Department of Transportation.
• ShengdaTech, Inc. (Nasdaq:SDTH), down 13.6% to $8.42 despite no announcements from the company.
• Guaranty Financial Group Inc. (NYSE:GFG), down 13.4% to $5.17 after the Austin, Texas-based regional bank announced a stock offering of up to $350 million.
Volume leaders:
• China Precision Steel, Inc. (Nasdaq:CPSL), 11.1 million shares traded versus average of 4.6 million shares.
• US Airways Group, Inc. (NYSE:LCC), 9.6 million shares traded versus average of 4.4 million shares.
• Pacific Ethanol Inc (Nasdaq:PEIX), 7.6 million shares traded versus average of 2.1 million shares.
