Making Impressive Motion: Metabolix, Inc., The9 Limited (NASDAQ:NCTY), Sinovac Biotech (NASDAQ:SVA), Nordic American Offshore (NYSE:NAO), Advaxis (NASDAQ:ADXS)

Posted by on Nov 25, 2015

Metabolix, Inc. (NASDAQ:MBLX) shares decreased -7.41% in last trading session and ended the day at $2.00. MBLX Gross Margin is 80.00% and its has a return on assets of -107.70%. Metabolix, Inc. (NASDAQ:MBLX) quarterly performance is 5.26%.

Metabolix, Inc. (NASDAQ:MBLX), an advanced biomaterials company focused on sustainable solutions for the plastics industry, announced that management will make a presentation to investors at the 8th Annual LD Micro Main Event in Los Angeles on Wednesday, December 2, 2015 at 3:30 p.m. PST, or 6:30 p.m. EST.

The9 Limited (NASDAQ:NCTY) ended the last trading day at $2.90. Company weekly volatility is calculated as 25.19% and price to cash ratio as 2.92. The9 Limited (NASDAQ:NCTY) showed a weekly performance of 24.46%.

On 16 November, The9 Limited (NASDAQ: NCTY), announced that it has entered into a legally binding term sheet with Splendid Days Limited (the ‘Investor’) on November 13, 2015, pursuant to which the Investor has agreed to subscribe 12% senior secured convertible bonds of the Company due 2018 in an aggregate principal amount of US$45 million (the ‘Notes’) in addition to warrants in an aggregate notional amount of US$5 million. The Notes will be divided into three tranches, each of which will be convertible into ADSs or ordinary shares of the Company at an initial conversion price of US$2.6, US$5.2 and US$7.8, respectively, per ADS or ordinary share, and will bear interest at a rate of 12% per year, payable upon redemption of the Notes.

On 24 November, Sinovac Biotech Ltd. (NASDAQ:SVA) shares moved up 2.67% and was closed at $5.39. SVA EPS growth in last 5 year was -15.40%. Sinovac Biotech Ltd. (NASDAQ:SVA) year to date (YTD) performance is 3.06%.

Zacks Investment Research lowered shares of Sinovac Biotech (NASDAQ:SVA) from a hold rating to a strong sell rating in a research note issued to investors on Thursday morning, MarketBeat.Com reports.

Nordic American Offshore Ltd. (NYSE:NAO) shares moved up 1.31% in last trading session and ended the day at $5.42. NAO Gross Margin is 97.50% and its has a return on assets of 2.10%. Nordic American Offshore Ltd. (NYSE:NAO) quarterly performance is -8.31%.

Advaxis, Inc. (NASDAQ:ADXS) caters to the Healthcare space. Its weekly performance is -1.85%. On the last day of trading company shares ended up at $11.65. Advaxis, Inc. (NASDAQ:ADXS) distance from 50-day simple moving average (SMA50) is -8.95%.

Advaxis, Inc. (NASDAQ:ADXS), announced the Company has received preliminary approval for a $1.8 million tax credit from the New Jersey Technology Business Tax Certificate Transfer (NOL) Program for the year 2015. The Company anticipates it will be able to transfer this credit and receive approximately $1.6 million in cash in December.

Leave a Reply

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