Running Stocks: Relypsa (NASDAQ:RLYP), ARC Group Worldwide (NASDAQ:ARCW), Columbia Pipeline Partners LP (NYSE:CPPL), County Bancorp (NASDAQ:ICBK)

Posted by on Mar 21, 2016

Cymabay Therapeutics, Inc. (NASDAQ:CBAY) shares fell -23.53% in last trading session and ended the day at $1.30. CBAY has a return on assets of -59.50%. Cymabay Therapeutics, Inc. (NASDAQ:CBAY) quarterly performance is -9.72%.

CymaBay Therapeutics, Inc. (NASDAQ:CBAY) announced top line results from its pilot Phase 2 clinical study of MBX-8025 in patients with homozygous familial hypercholesterolemia (HoFH). The study demonstrated that the range of responses to MBX-8025 was broad, but that MBX-8025 provided a clinically meaningful reduction in low-density lipoprotein cholesterol (LDL-C) for a subset of patients. This is the first study to demonstrate the potential utility of a PPARδ agonist in HoFH.

Relypsa, Inc. (NASDAQ:RLYP) ended the last trading day at $13.46. Company weekly volatility is calculated as 10.64% and price to cash ratio as 2.42. Relypsa, Inc. (NASDAQ:RLYP) showed a weekly performance of -1.97%.

Effective as of March 7, 2016, Relypsa, Inc. (NASDAQ:RLYP) entered into Amendment No. 1 to the Manufacturing and Supply Agreement (the “Amendment”) with DPx Fine Chemicals Austria GMBH & CO KG (formerly known as DSM Fine Chemicals Austria GMBH & CO KG) (“Patheon”) to amend that certain Manufacturing and Supply Agreement, effective as of May 14, 2014 (the “Agreement”) between the parties. The Amendment extends the term of the Agreement for two years until May 14, 2023, unless earlier terminated pursuant to the terms of the Agreement, and provides for an increase in the Company’s purchasing commitment under the Agreement in exchange for Patheon’s agreement to purchase, install and qualify certain new equipment in Patheon’s production facility, at no cost or expense to the Company, to meet its obligations under the Agreement.

On 18 March, ARC Group Worldwide, Inc. (NASDAQ:ARCW) shares increased 4.64% and was closed at $2.58. ARCW EPS growth in last 5 year was 47.00%. ARC Group Worldwide, Inc. (NASDAQ:ARCW) year to date (YTD) performance is 56.36%.

On 10 March, ARC Group Worldwide, Inc. (NASDAQ:ARCW), announced a record backlog at 3DMT, its 3D printing division, established in late 2013. Given the growing demand of metal 3D printing, 3DMT’s current sales backlog is now greater than its inception-to-date revenues.

Columbia Pipeline Partners LP (NYSE:CPPL) shares fell -18.69% in last trading session and ended the day at $13.01. CPPL has a return on assets of 0.80%. Columbia Pipeline Partners LP (NYSE:CPPL) quarterly performance is -20.42%.

Columbia Pipeline Partners LP (NYSE:CPPL)‘s stock had its “buy” rating reissued by stock analysts at Citigroup Inc.. They presently have a $18.00 target price on the stock, up from their prior target price of $17.00. Citigroup Inc.’s price objective would indicate a potential upside of 20.08% from the company’s current price.

County Bancorp, Inc. (NASDAQ:ICBK) caters to the Financial space. It has a net profit margin of 30.20% and weekly performance is 6.53%. On the last day of trading company shares ended up at $20.24.

County Bancorp, Inc. (NASDAQ:ICBK) announced that shareholders of Fox River Valley Bancorp, Inc. (“Fox River”), the holding company for The Business Bank, have approved the merger of Fox River with and into County at a shareholder meeting held on March 17, 2016. Approval of the merger by County shareholders is not required.

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