NASDAQ New Lows: James River Coal Company (NASDAQ:JRCC), Catamaran (NASDAQ:CTRX), VIVUS (NASDAQ:VVUS), ArQule (NASDAQ:ARQL)

James River Coal Company (NASDAQ:JRCC) as well as its 33 subsidiaries filed for Chapter 11 bankruptcy protection under the US Bankruptcy code in the US Bankruptcy Court for the Eastern District of Virginia. The stock price of the Richmond, Virginia-based company plummeted 48.3% in after-hours trading to $0.37. James River Coal Company (NASDAQ:JRCC), shares after opening at $0.35 moved to $0.37 on last trade day and at the end of the day closed at $0.264. Company price to sales ratio in past twelve months was calculated as 0.01 and price to cash ratio as 0.16. James River Coal Company (NASDAQ:JRCC), showed a negative weekly performance of 61.16%.

Catamaran Corp (USA) (NASDAQ:CTRX) entered into oversold territory on last Thursday, hitting an RSI reading of 28.7, after changing hands as low as $48.16 per share. By comparison, the current RSI reading of the S&P/TSX Composite Index is 61.6. A bullish investor could look at CCT’s 28.7 RSI reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Catamaran Corp (USA) (NASDAQ:CTRX), shares fell 0.96% in last trading session and ended the day on $41.28. Catamaran Corp (USA) (NASDAQ:CTRX), return on equity ratio is recorded as 5.50% and its return on assets is 3.50%. Catamaran Corp (USA) (NASDAQ:CTRX), yearly performance is -23.14%.

On April 08, 2014, VIVUS, Inc. (NASDAQ:VVUS) announced that J. Martin Carroll, Mark B. Logan and Robert N. Wilson have decided not to stand for re-election when their terms expire at the Annual Meeting of Stockholders, to be held on June 20, 2014. VIVUS, Inc. (NASDAQ:VVUS), shares moved down 1.96% in last trading session and was closed at $4.99, while trading in range of $ 4.94 – 5.20. VIVUS, Inc. (NASDAQ:VVUS), year to date (YTD) performance is -45.04%.

On April 2, 2014, ArQule, Inc. ARQL +5.82% announced that the Company will present at the Needham 13th Annual Healthcare Conference on Wednesday, April 9, 2014 at 11:20 a.m. The presentation will be web cast and may be accessed through the investor relations section of the Company’s website, http://www.arqule.com . ArQule, Inc. (NASDAQ:ARQL), weekly performance is -1.96%. On last trading day company shares ended up $2.00. ArQule, Inc. (NASDAQ:ARQL), distance from 50-day simple moving average (SMA50) is -8.06%. Analysts mean target Price for the company is $3.56.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *