Stocks on the Move: Giga-tronics (NASDAQ:GIGA), GulfMark Offshore (NYSE:GLF), MediciNova (NASDAQ:MNOV), Authentidate Holding Corp. (NASDAQ:ADAT)

Penske Automotive Group, Inc. (NYSE:PAG) shares increased 5.04% in last trading session and ended the day at $31.47. PAG Gross Margin is 14.90% and its has a return on assets of 5.40%. Penske Automotive Group, Inc. (NYSE:PAG) quarterly performance is -36.79%.

On 3 February, Penske Automotive Group, Inc. (NYSE:PAG) is excited to announce a donation of $913,000 from corporate partner, Penske Automotive Group. The funds were raised on behalf of Paralyzed Veterans through Penske Automotive Group’s “Service Matters” cause campaign which allows customers to make a donation when they’ve had their vehicles serviced at a Penske Automotive Group Dealership.

Giga-tronics Inc. (NASDAQ:GIGA) ended the last trading day at $1.54. Company weekly volatility is calculated as 9.75% and price to cash ratio as 14.72. Giga-tronics Inc. (NASDAQ:GIGA) showed a weekly performance of 22.22%.

Giga-tronics Inc. (NASDAQ:GIGA) reported net sales for the third fiscal quarter ended December 26, 2015 of $4.5 million, which was the same as the $4.5 million reported for the third quarter of fiscal 2015. In the third quarter of fiscal 2016 the Company recorded $1.3 million of sales of its new Advanced Signal Generator (ASG) product, which was offset by the winding down of a $6.2 million nonrecurring YIG engineering order (NRE Order) received in the first quarter of fiscal 2015 in which the majority of the associated revenue was earned throughout fiscal 2015.

Gulfmark Offshore, Inc. (NYSE:GLF) shares advanced 3.36% in last trading session and ended the day at $3.38. GLF Gross Margin is 35.50% and its has a return on assets of -11.80%. Gulfmark Offshore, Inc. (NYSE:GLF) quarterly performance is -52.92%.

Zacks Investment Research upgraded shares of GulfMark Offshore, Inc. (NYSE:GLF) from a sell rating to a hold rating in a research note released on Tuesday morning, MarketBeat Ratings reports.

MediciNova Inc. (NASDAQ:MNOV) shares decreased -2.50% in last trading session and ended the day at $4.29. MNOV has a return on assets of -29.00%. MediciNova Inc. (NASDAQ:MNOV) quarterly performance is 45.42%.

On 27 January, MediciNova Inc. (NASDAQ:MNOV) announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application which covers MN-001 (tipelukast) and MN-002 (a major metabolite of MN-001) for the treatment of advanced NASH (nonalcoholic steatohepatitis) with fibrosis.

Authentidate Holding Corp. (NASDAQ:ADAT) caters to the Technology space. Its weekly performance is 0.48%. On the last day of trading company shares ended up at $4.15. Authentidate Holding Corp. (NASDAQ:ADAT) distance from 50-day simple moving average (SMA50) is -9.32%.

On 2 February, Authentidate Holding Corp. (NASDAQ:ADAT) announced AEON’s nine-month 2015 financial results for the period ending September 30, 2015. Revenue for the nine month period ended September 30, 2015 of $21.6 million up 15% year over year

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