Small Cap Gainers: NQ Mobile (NYSE:NQ), Zogenix (NASDAQ:ZGNX), Antares Pharma (NASDAQ:ATRS), Silicon Motion Technology (NASDAQ:SIMO), Noah Holdings Limited (ADR) (NYSE:NOAH)

Posted by on Jul 03, 2014

A rumor that NQ Mobile Inc (ADR) (NYSE:NQ) will soon file its delayed annual report (expected to be accompanied by an audit report) has led shares to surge above $7. A NQ spokesperson tells Bloomberg the company has no new information on the report for now. NQ Mobile Inc (ADR) (NYSE:NQ) net profit margin is 4.40% and weekly performance is 1.35%. On last trading day company shares ended up $6.76. Analysts mean target price for the company is $33.00. NQ Mobile Inc (ADR) (NYSE:NQ) distance from 50-day simple moving average is -26.24%.

The drugmaker Zogenix, Inc. (NASDAQ:ZGNX) says a harder-to-abuse version of its powerful painkiller Zohydro could be reviewed by regulators this fall and, if approved, might hit the market early next year. Zogenix, Inc. (NASDAQ:ZGNX) shares advanced 18.59% in last trading session and ended the day on $2.36. ZGNX Gross Margin is 39.20% and its return on assets is -127.10%. Zogenix, Inc. (NASDAQ:ZGNX) quarterly performance is -16.61%.

Antares Pharma Inc (NASDAQ:ATRS) announced the resignation of Paul K. Wotton, Ph.D. who informed the Company’s Board of Directors that he will assume the position of chief executive officer of a development stage biotechnology company. Dr. Wotton also has resigned from the Antares Board of Directors.Antares Pharma Inc (NASDAQ:ATRS) shares moved up 5.17% in last trading session and was closed at $2.85, while trading in range of $2.75-$2.87. Antares Pharma Inc (NASDAQ:ATRS) year to date performance is -36.24%.

Standpoint Research lifted their price target on shares ofSilicon Motion Technology (NASDAQ:SIMO) from $20.00 to $28.00 in a research note issued on Monday. The firm currently has a “buy” rating on the stock. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) ended the last trading day at $21.70. Company weekly volatility is calculated as 3.95% and price to cash ratio as 4.50. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) showed a positive weekly performance of 15.18%.

On June 24, 2014 Noah Holdings Limited (ADR) (NYSE:NOAH), a leading provider of education services in China, announced that it has called an extraordinary general meeting of shareholders (the “EGM”), to be held at Unit F, 33rd Floor, NEO Tower A, Che Gong Miao, Futian District, Shenzhen 518048, Guangdong Province, People’s Republic of China on July 25, 2014 at 10:00 a.m. (Beijing time) to consider and vote on, among others, the proposal to authorize, approve and adopt the previously announced agreement and plan of merger dated April 2, 2014, which was amended by Amendment No. 1 to the Agreement and Plan of Merger dated as of June 9, 2014 (as amended, the “Merger Agreement”), among the Company, Rainbow Education Holding Limited and Rainbow Education Merger Sub Holding Limited (“Merger Sub”) and the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands, substantially in the form attached as Annex A to the Merger Agreement (the “Plan of Merger”) and the transactions contemplated thereby, including the Merger (as defined below). Noah Holdings Limited (ADR) (NYSE:NOAH) net profit margin is 32.40% and weekly performance is 10.26%. On last trading day company shares ended up $15.04. Analysts mean target price for the company is $22.99. Noah Holdings Limited (ADR) (NYSE:NOAH) distance from 50-day simple moving average is 10.40%.

Leave a Reply

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