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Business

Long Island stocks on move

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Guy with chart Photo Credit: istock

For the week ending July 16, 2010.

Frequency Electronics
(FEIM)
Mitchel Field  
$5.00 (week's change: +9.6%) 
52-week return: +39.3%

Shares had their best week since September after the maker of timing products used in communications systems reported a quarterly profit compared to a loss a year ago.

Hi-Tech Pharmacal
(HITK)
Amityville  
$20.07 (week's change: -12.6%) 
52-week return: +49.2%

The drug maker posted higher quarterly revenue and profit, but the results were under analysts' estimates. Hi-Tech said sales of generic drugs fell because of a milder flu season this year.

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