Market Alert: International Business Machines Corporation (NYSE:IBM), Barnwell Industries (NYSEMKT:BRN), Pluristem Therapeutics (NASDAQ:PSTI), SMTC Corporation (NASDAQ:SMTX)

Posted by on Mar 07, 2016

Conatus Pharmaceuticals Inc. (NASDAQ:CNAT) shares moved up 0.99% in last trading session and ended the day at $2.05. CNAT has a return on assets of -57.10%. Conatus Pharmaceuticals Inc. (NASDAQ:CNAT) quarterly performance is -34.92%.

Conatus Pharmaceuticals Inc. (NASDAQ:CNAT) announced that it will report financial results for the fourth quarter and full year ended December 31, 2015, after the market close on Wednesday, March 9, 2016. Conatus will host a conference call and audio webcast at 4:30 p.m. Eastern Time on Wednesday, March 9, 2016, to discuss the financial results and provide a corporate update.

International Business Machines Corporation (NYSE:IBM) caters to the Technology space. It has a net profit margin of 16.10% and weekly performance is 4.37%. On the last day of trading company shares ended up at $137.80. International Business Machines Corporation (NYSE:IBM) distance from 50-day simple moving average (SMA50) is 6.65%.

On 2 March, International Business Machines Corporation (NYSE:IBM) announced that Tiatros has joined the IBM Watson Ecosystem, enabling the development by Tiatros of new cognitive computing applications to help transform chronic disease care with the power of secure, social networks, and predictive natural language analytics. This announcement comes as both Tiatros and IBM participate in HIMSS 2016, a leading health technology conference.

Barnwell Industries, Inc. (NYSEMKT:BRN) ended the last trading day at $1.62. Company weekly volatility is calculated as 3.84% and price to cash ratio as 2.30. Barnwell Industries, Inc. (NYSEMKT:BRN) showed a weekly performance of 23.66%.

On 2 March, Barnwell Industries, Inc. (NYSEMKT:BRN) announced that it anticipates the sale of its remaining developed home and that it was moving forward with additional steps to reduce general and administrative expenses and raise additional cash during the continued low oil and gas price environment.

Pluristem Therapeutics, Inc. (NASDAQ:PSTI) shares moved up 7.09% in last trading session and ended the day at $1.36. PSTI Gross Margin is 96.70% and its has a return on assets of -37.50%. Pluristem Therapeutics, Inc. (NASDAQ:PSTI) quarterly performance is -4.90%.

Zacks Investment Research upgraded shares of Pluristem Therapeutics Inc. (NASDAQ:PSTI) from a hold rating to a buy rating in a report issued on Wednesday, AnalystRatings.NET reports. The firm currently has $1.50 price target on the stock.

SMTC Corporation (NASDAQ:SMTX) caters to the Technology space. It has a net profit margin of -1.30% and weekly performance is -6.72%. On the last day of trading company shares ended up at $1.25. SMTC Corporation (NASDAQ:SMTX) distance from 50-day simple moving average (SMA50) is 3.50%.

On 3 March, SMTC Corporation (NASDAQ:SMTX) reported total revenue was $118.6 million, up 2.4% sequentially but down 9% year over year. The sequential increase was driven by strong demand for the company’s enterprise computing and communication end markets, partially offset by weakness in the company’s industrial and high-end consumer end markets.

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