NASDAQ Overbought Stocks: China XD Plastics (NASDAQ:CXDC), Vertex Energy Inc (NASDAQ:VTNR), ViewPoint Financial Group (NASDAQ:VPFG), Westmoreland Coal (NASDAQ:WLB)

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China XD Plastics Co Ltd (NASDAQ:CXDC) continues to register accelerated growth in the manufacture and sale of modified plastics, an indication of successful implementation of its strategic marketing plan. The accelerated growth has seen China XD Plastics register robust growth in revenue and earnings, as well as positive business development, which is expected to have an affirmative effect on the company’s stock in the market. On last trading day China XD Plastics Co Ltd (NASDAQ:CXDC) ended up 17.62% higher to close at $5.74while trading in the range of $5.26- $5.90. Its return on assets (ROA) is 10.70% while return on investment (ROI) is 19.30%. China XD Plastics Co Ltd (NASDAQ:CXDC) monthly performance is 21.61%.

Investment analysts at Craig Hallum boosted their target price on shares of Vertex Energy (NASDAQ:VTNR) from $4.50 to $6.50 in a note issued to investors on Wednesday, Analyst Ratings Network.com reports. Craig Hallum’s price objective suggests a potential upside of 7.44% from the stock’s previous close. Vertex Energy Inc (NASDAQ:VTNR) in last trading activity ended up at $5.92 with day range of $5.75 – $6.09. Company weekly performance is 54.97% while its quarterly performance stands at 78.31%. Vertex Energy Inc (NASDAQ:VTNR) is -19.35% away from its 52 week high.

ViewPoint Financial Group, Inc. (NASDAQ:VPFG) the holding company for ViewPoint Bank, N.A., today announced a quarterly cash dividend of $0.12 per share. ViewPoint Financial Group (NASDAQ:VPFG) belongs to Financial sector with market capitalization of 1.15 B and has 1.30% insider ownership. In last trading activity company’s stock closed at $28.75 while opening price was $28.67.

Westmoreland Coal (NYSE:WLB) major shareholder Jeffrey Et Al Gendell sold 75,000 shares of the company’s stock on the open market in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $26.04, for a total transaction of $1,953,000.00. On Wednesday shares of Westmoreland Coal Company (NASDAQ:WLB) opened at $29.03 and closed at $28.83. This year Company’s Earnings per Share (EPS) growth is 31.10% and next year’s estimated EPS growth is -20.80%. Analysts mean target price for Westmoreland Coal Company (NASDAQ:WLB) is $20.25.

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