Overbought Stocks: IKONICS Corporation (NASDAQ:IKNX), Texas Pacific (NYSE:TPL), Forest Laboratories (NYSE:FRX), NCI Inc (NASDAQ:NCIT)
IKONICS Corporation (NASDAQ:IKNX) is engaged in the development, manufacture and selling of photosensitive liquids (emulsions) and films for the screen printing and awards and recognition industries. IKONICS’s Micro-Machining business unit uses its patent applied for photoresist film for the abrasive etching of silicon wafers, glass wafers, industrial ceramics and composite materials. On last trading day IKONICS Corporation (NASDAQ:IKNX) ended up 5.13% higher to close at $25.50 while trading in the range of $22.23 – $25.99. Its return on assets (ROA) is 4.50% while return on investment (ROI) is 5.10%. IKONICS Corporation (NASDAQ:IKNX) monthly performance is 88.88%.
Texas Pacific Land Trust (NYSE:TPL) announced today that its Board of Trustees has declared a cash dividend of 27¢ per sub-share payable March 14, 2014 to shareholders of record on March 6, 2014. This is the 11th consecutive year that the regular dividend has been increased. Texas Pacific Land Trust (NYSE:TPL) in last trading activity ended up at $141.69 with day range of $134.32 – $142.00. Company weekly performance is 15.90% while its quarterly performance stands at 47.59%. Texas Pacific Land Trust (NYSE:TPL) is 6.03% away from its 52 week high.
Forest Laboratories Inc. (NYSE:FRX) announced the launch of the STRIDE (Start Treatment, Real-time Information, Disease Education) patient support program to help those prescribed Tudorza, Pressair, (aclidinium bromide inhalation powder) or Daliresp, (roflumilast) by answering questions they may have about their chronic obstructive pulmonary disease (COPD) treatment. Forest Laboratories, Inc. (NYSE:FRX) belongs to Healthcare sector with market capitalization of 26.62 B and has 0.60% insider ownership. In last trading activity company’s stock closed at $98.25 while opening price was $96.26.
NCI, Inc (NASDAQ:NCIT) the stock in the computer software industry could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. On Monday shares of NCI Inc (NASDAQ:NCIT) opened at $12.15 and closed at $12.08. This year Company’s Earnings per Share (EPS) growth is 109.20% and next year’s estimated EPS growth is 15.22%. Analysts mean target price for NCI Inc (NASDAQ:NCIT) is $8.33.