Stocks Showing Double-Digit Gains (LTON, REDF, CEU, BPZ)

Stocks Showing Double-Digit Gains

Dallas 12/02/2010 05:47 PM GMT (TransWorldNews)

Linktone Ltd. (ADR) (NASDAQ:LTON) soared 19.86% to $1.69. The company reported
GAAP net income of $0.6 million or $0.02 per ADS for the third quarter,
compared to $0.7 million or $0.02 per ADS in the prior year quarter.


Non-GAAP net
income was $0.7 million or $0.02 per ADS, compared to $0.4 million or $0.01 per
ADS in the third quarter of 2009.


Rediff.com India Limited (ADR)
(NASDAQ:REDF)
jumped
18.63% to $3.63. Over the past 52-week, the stock traded within the range of $1.69-$6.25.


The company
has Price/Sales ratio of 4.25. The stock has the 50- Day Moving Average and
200-Day Moving Average prices of $3.78 and $2.89 respectively. At current
market price, the market capitalization of the company stands at $106.11 million.


China Education Alliance, Inc.
(NYSE:CEU)
climbed 10%
to $2.97. The median Wall Street price target on the stock is $8.50 and the
high target is set at $9. The stock slumped more than 51% year-to-date.


Over the
past five trading sessions, the stock went down more than 35%.


BPZ Resources, Inc.
(NYSE:BPZ)
advanced 11.68%
to $4.40. The company announced that the company has placed the Corvina oil
field, located in offshore Block Z-1 in northwest Peru, into commercial
production. The Company has started operating the gas compressor at the CX-11
Corvina platform to re-inject the associated gas and thus avoid gas flaring.


The stock opened at $4.04 and is trading within the range of
$4-$4.72. At current market price, the market capitalization of the company
stands at $508.23 million.



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