MagneGas Corp.'s Soaring Share Price is Featured as Smallcappower.com's Daily Momentum Gainer to Watch
Toronto, Ontario--(Newsfile Corp. - January 9, 2014) - MagneGas Corp.'s (NASDAQ: MNGA) more than 43% surge in the last two consecutive trading sessions with significant volumes is the focus of investor portal Smallcappower's Daily Momentum Gainer to Watch. You can see the chart and view the analyst's summary here: http://www.smallcappower.com/posts/article-top-momentum-gainer-9-1-2014.
MNGA was among the top gainers in the U.S. industrial sector yesterday, after powering 50.7% higher and closing at $1.01 while recording significant volumes of 1.45 million shares. During the past 5-trading sessions, MNGA shot up more than 129.5% with 5-day average volumes of 520,870 shares, while the stock accumulated over 110% during the past month with daily average volume of 152,481 shares.
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