Basic Material Losers: Metabolix (NASDAQ:MBLX), Sinopec Shanghai Petrochemical (NYSE:SHI), Gevo, Inc. (NASDAQ:GEVO), Senomyx Inc. (NASDAQ:SNMX)

Posted by on Apr 15, 2014

Metabolix Inc (NASDAQ:MBLX) was downgraded by analysts at Ardour Capital from an accumulate rating to a hold rating. Metabolix, Inc. (NASDAQ:MBLX) shares after opening at $1.16 moved to $1.16 on last trade day and at the end of the day closed at $1.03. Company price to sales ratio in past twelve months was calculated as 6.09 and price to cash ratio as 1.39. Metabolix, Inc. (NASDAQ:MBLX) showed a negative weekly performance of -9.65%.

In China, Sinopec Shanghai Petrochemical Co. (ADR) (NYSE:SHI) fell after it forecast a first-quarter loss. Sinopec Shanghai Petrochemical Co. (ADR) (NYSE:SHI) shares fell -5.04% in last trading session and ended the day on $27.30. SHI return on equity ratio is recorded as 1.30% and its return on assets is 0.60%. Sinopec Shanghai Petrochemical Co. (ADR) (NYSE:SHI) yearly performance is 7.91%.

Gevo Inc (NASDAQ:GEVO) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a $1.50 price objective on the stock. Gevo, Inc. (NASDAQ:GEVO) shares moved down -7.62% in last trading session and was closed at $1.03 while trading in range of $1.03 – $1.14 – Gevo, Inc. (NASDAQ:GEVO) year to date (YTD) performance is -27.97%.

Senomyx Inc. (NASDAQ:SNMX) has entered into a collaborative agreement with PepsiCo Inc related to Senomyx’s Salt Taste Program. Senomyx Inc. (NASDAQ:SNMX) weekly performance is -18.48%. On last trading day company shares ended up $8.60. Senomyx Inc. (NASDAQ:SNMX) distance from 50-day simple moving average (SMA50) is -10.15%. Analysts mean target price for the company is $13.17.

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