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Momentum Stocks At Street: Versar Inc. (NYSEMKT:VSR), Ally Financial Inc. (NYSE:ALLY), MCG Capital Corporation (NASDAQ:MCGC)

Momentum Stocks At Street: Versar Inc. (NYSEMKT:VSR), Ally Financial Inc. (NYSE:ALLY), MCG Capital Corporation (NASDAQ:MCGC)
Written by
Ryan Mitchell
Published on
October 30, 2014
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Versar Inc. (NYSEMKT:VSR) declared that it awarded $3.5M contract from Air Force Reserve Command for facilities operations capability and utilization survey contract; 'win demonstrates the value of [VSR's] strategic acquisition of J.M. Waller'. Shares of Versar Inc. (NYSEMKT:VSR) traded at $3.24 by plunging -0.31% with price volatility of 12.67% for a week and 17.76% for a month. Its beta stands at 0.27 times.Ally Financial Inc. (NYSE:ALLY) released that its third quarter adj earnings of $0.53 a share, $0.10 improved than the Capital IQ Consensus anticipates of $0.43. Results for the quarter were driven by continued strong performance from the auto finance franchise. Ally Financial Inc. (NYSE:ALLY) stock has highest price of $23.25 in last session, beginning with a price of $23.25 and reported an advance of 2.75% to the closed at $22.82 with a day range of $22.18-$23.25. The stock is going forward its 52-week low with 17.51% and moving down from its 52 week high price with -18.21%.MCG Capital Corporation (NASDAQ:MCGC) released that its third quarter earnings of $0.03 a share, $0.01 lower than the Capital IQ Consensus anticipates of $0.04; revenues dropped 57.0% year/year to $5.66M as compared to the $5.97M consensus. The firm reported that to take steps to strengthen their balance sheet by selling assets that, in its judgment, did not produce adequate compensation for the assumed risk relative to purchasing our stock in open-market transactions, which acquired at an 11.4% discount to NAV per share at September 30, 2014. MCG Capital Corporation (NASDAQ:MCGC) stock hit highest price at $3.68, beginning with a price of $3.45 and reported a gain of 18.42% to the closed at $3.60 with a day range of $3.411-$3.68. The total market capitalization remained 178.2 Million, total volume of 4.19 Million shares held in the session was surprisingly higher than its average volume of 404.21 shares.

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