Nano Cap Decliners: Spherix Inc (NASDAQ:SPEX), Cache, Inc. (NASDAQ:CACH), WSP Holdings (NYSE:WH), NF Energy Saving Corp (NASDAQ:NFEC), eOn Communications Corporation (NASDAQ:EONC)

Spherix Inc (NASDAQ:SPEX) rose 9.4 percent to $1.98 on 03 June 2014 in heavy trading after the company announced $20 million in equity financing. Spherix Inc (NASDAQ:SPEX) stock performance was -7.14% in last session and finished the day at $1.69. Traded volume was 3.65million shares in the last session and the average volume of the stock remained 2.55million shares. The beta of the stock remained 0.71. Spherix Inc (NASDAQ:SPEX) insider ownership is 0.30%.

Cache, Inc (NASDAQ:CACH) major shareholder Mill Road Capital, L.P. acquired 125,714 shares of the company’s stock in a transaction that occurred on Monday, June 2nd. The stock was purchased at an average cost of $1.75 per share, with a total value of $219,999.50. Cache, Inc. (NASDAQ:CACH) dropped -7.83 percent to $1.53 Thursday on volume of 1.15million shares. The intra-day range of the stock was $1.53 to $1.69. Cache, Inc. (NASDAQ:CACH) has a market capitalization of $45.33million.

China head quartered WSP Holdings Limited (ADR) (NYSE:WH) which is a provider of equipment and services to the oil and gas vertical disclosed on 30th May that it was aborting its previously disclosed plans to take the company private. The news sent investors in the stock scurrying for cover, in turn resulting in a huge 34 percent dip in the company share price. WSP Holdings Limited (ADR) (NYSE:WH)’s stock on June 05, 2014 reported a decrease of -27.62% to the closing price of $0.760. Its fifty two weeks range is $0.65 -$3.09. The total market capitalization recorded $15.53million. The overall volume in the last trading session was 593,914.00million shares. In its share capital, WH has 20.44million outstanding shares.

NF Energy Saving Corporation (NASDAQ:NFEC) is a China-based company, which manufactures flow control systems and industrial valve components. Its products are used in thermal and nuclear power generation plants, regional water supply projects, as well as municipal water, gas, and heat supply pipeline networks. On Tuesday, NFEC shares skyrocketed 49.02 percent to $1.74 after the company announced that it had executed two contracts with the Water Diversion Project, to provide the Project with butterfly valve flow control equipment for a price of approximately $15 million. On Thursday, shares of NF Energy Saving Corp (NASDAQ:NFEC) dropped -10.59% to close the day at $1.52. Company return on investment (ROI) is 1.50% and its monthly performance is recorded as 52.00%. NF Energy Saving Corp (NASDAQ:NFEC) quarterly revenue growth is -22.84%.

eOn Communications Corporation (NASDAQ:EONC) stock is extending its rally through Tuesday’s session after adding 44.8% a day earlier. By early afternoon, shares had surged 23.2% to $4.30. Trading volume of 1.1 million shares was more than nine times its three-month daily average. The company has soared on heavier-than-normal volume, despite the absence of company news. eOn Communications Corporation (NASDAQ:EONC) stock performance was -7.63% in last session and finished the day at $2.42. Traded volume was 139,472.00million shares in the last session and the average volume of the stock remained 162.10K shares. The beta of the stock remained 0.99. eOn Communications Corporation (NASDAQ:EONC) insider ownership is 0.20%.

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