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Exceed Company (EDS) Broke Out To A 6-Week High After 2011 Report

5/1/2012 7:50 AM ET

Exceed Company (EDS: Quote) reported full year 2011 revenues of $522.5 million and a net profit of $74.7 million.

Exceed Company gapped open higher Monday and climbed during the first 2 hours of trade. The stock finished up by 1.56 at $3.65 on the highest volume of the year. Exceed broke out to a month and a half high and re-crossed its 50-day moving average.

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by RTT Staff Writer

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