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Quest Software, Coffee Holding Among Stocks Gapping up Friday

These are stocks that gapped up today and had open prices higher than the close on the previous trading day:

  • Quest Software, Inc. (NASDAQ:QSFT) opened at $23.70 after closing the previous trading session at $19.40, gapping up. While trading at a volume of 3.5 million, the stock price has risen 21.6%. Shares are up over the last two months, having risen $4.68 (24.7%) from a price of $18.92 on January 10, 2012. The stock has moved up across its 50-day moving average of $20.25 today.
  • Coffee Holding Co., Inc. (NYSE:JVA) gapped up today, opening at $9 after closing the previous trading session at $7.85. Trading at a volume of 952,731, the stock price is up 24.3%. Shares price has risen $1.53 (18.6%) from $8.23 on March 2, 2012. The stock has moved up across its 50-day moving average of $8.57 today.
  • BioScrip Inc. (NASDAQ:BIOS) closed the previous trading session at $6.62, gapping up to open at $7.30 today. Shares have risen 4.4%, trading at a volume of 512,516. The stock has been on the rise in the last two months, up $1.60 (30.1%) from a price of $5.31 on January 10, 2012. The stock is trading 10.8% above its 50-day moving average and 12.8% above its 200-day moving average.
  • SHENGKAI INNOVATIONS INC (NASDAQ:VALV) opened at $1.03 after closing the previous trading session at 74 cents, gapping up. Shares are up 33.1% and trading at a volume of 1.3 million. The stock has risen 26 cents (34.9%) over the last three months from a price of 73 cents on December 9, 2011. The stock has moved up across its 50-day moving average of 88 cents today.
  • Biostar Pharmaceuticals, Inc. (NASDAQ:BSPM) closed the previous trading session at 79 cents, gapping up to open at 87 cents today. While trading at a volume of 1.2 million, the stock price has risen 23.2%. The stock has moved up across its 50-day moving average of 82 cents today.
  • GSE Systems, Inc. (NYSE:GVP) gapped up today, opening at $2.03 after closing the previous trading session at $1.83. Trading at a volume of 118,158, the stock price is up 32.8%.