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Today's Biggest AMEX Gainers were HPJ, ASB, TA : by Penny Stock Pick Alert

Hong Kong Highpower Technology, AdvanSource Biomaterials Corporation and TravelCenters of America LLC were Biggest AMEX Gainers as reported by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 13, 2009 ) Dallas, TX - Hong Kong Highpower Technology, Inc. (AMEX:HPJ) climbed up over 36.45% to $4.38 on a volume of 2.28 million shares after the company today announced financial results for the third quarter ended September 30, 2009. Gross profit for the third quarter ended September 30, 2009 increased 48.7% to $5.2 million, compared to $3.5 million for the third quarter ended September 30, 2008. On a sequential basis, third quarter gross profit increased 69.9%, compared to $3.1 million for the second quarter 2009. Gross margin was 24.8% for the third quarter ended September 30, 2009, compared to 17% for the third quarter ended September 30, 2008, and 19.9% for the second quarter 2009.

AdvanSource Biomaterials Corporation (AMEX:ASB) soared 3.85% to $0.270 after the company today announced financial results for its fiscal 2010 second quarter ended September 30, 2009. Total revenues for the three months ended September 30, 2009 were $518,000 as compared with $989,000 for the comparable prior year period, a decrease of $471,000, or 47.6%. Total revenues for the six months ended September 30, 2009 were $968,000 as compared with $1,863,000 for the comparable prior year period, a decrease of $895,000, or 48.0%.

TravelCenters of America LLC (AMEX:TA) surged 13.76% to $4.05. The stock hit an intraday high and an intraday low of $4.25 and $3.37 respectively. In the last six months the stock went up over 53%. TravelCenters of America LLC operates and franchises travel centers primarily along the United States interstate highway system. Its customers include long haul trucking fleets and their drivers, independent truck drivers and motorists.

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