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Hot Equities Review & Reports: (NYSE: VG), (NYSE: WFR)


New York, NY -- (ReleaseWire) -- 02/13/2013 --Vonage Holdings Corporation (NYSE: VG) stock is at $2.70, up 11.57 percent from its previous close of $2.42. The stock opened the session at $2.60 and touched its highest price point at $2.71. Vonage Holdings stock’s lowest price point for the session stood at $2.54. The stock is currently above its 6-days EMA of $2.44 and 20 days EMA of $2.47, thus showing bullish trend. Its MACD chart confirms this and the stock may go as high as $2.85 in coming trading sessions.

Vonage Holdings reported its fourth quarter revenue at $214 million. It reported its adjusted quarterly income at 10 cents per share.

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MEMC Electronic Materials Inc. (NYSE: WFR) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $4.81 and remained in $4.65 and $4.86 price range during the session. The stock is 5.06 percent higher at $4.73. MEMC Electronic Materials’ first support level is at $4.44. Upon breaching this level, the stock may go as low as $4.30. On the upside, its first resistance level is at $4.85.

MEMC Electronic Materials reported its fourth quarter revenue at $704.3 million. Its EPS for the quarter stood at 8 cents per share.

Get the latest news and tips on WFR here:

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