Stocks to Watch: Magellan Petroleum Corporation (NASDAQ:MPET), Hollysys Automation Technologies (NASDAQ:HOLI), POZEN (NASDAQ:POZN), Finisar Corporation (NASDAQ:FNSR)

Posted by on Apr 22, 2014

Magellan Petroleum Corporation (NASDAQ:MPET), is an separate oil and gas query in addition to creation organization devoted to the actual progress of a CO2-enhanced oil recovery (“CO2-EOR”) system on Poplar Dome throughout western Montana and the query of unconventional hydrocarbon methods inside Weald Basin, onshore BRITISH ISLES. Magellan also is the owner of a great query prevent, NT/P82, inside Bonaparte Basin, offshore Upper Area, which the Corporation at this time options in order to farm-out; in addition to a great 11% possession spot throughout Central Oil Limited (ASX: CTP), the Brisbane dependent junior query in addition to creation organization of which runs on the list of greatest holdings of potential onshore a large plot throughout Sydney. Magellan Petroleum Corporation (NASDAQ:MPET), shares after opening at $1.59 moved to $1.75 on last trade day and at the end of the day closed at $1.73. Company price to sales ratio in past twelve months was calculated as 9.93 and price to cash ratio as 6.43. Magellan Petroleum Corporation (NASDAQ:MPET), showed a positive weekly performance of 10.90%.

Analysts at Credit Suisse initiated coverage on shares of Hollysys Automation Technologies Ltd (NASDAQ:HOLI), in a research report issued to clients and investors on Friday, AnalystRatingsNetwork.comreports. The firm set an “outperform” rating and a $29.10 price target on the stock. Credit Suisse’s price objective indicates a potential upside of 46.01% from the company’s current price. Hollysys Automation Technologies Ltd (NASDAQ:HOLI), shares advanced 4.45% in last trading session and ended the day on $23.48. Hollysys Automation Technologies Ltd (NASDAQ:HOLI), return on equity ratio is recorded as 14.30% and its return on assets is 8.20%. Hollysys Automation Technologies Ltd (NASDAQ:HOLI), yearly performance is 108.16%.

On April 02, 2014, POZEN Inc. (NASDAQ:POZN), said that it has submitted the final study report for the Phase 1 study comparing the pharmacokinetic profile of the omeprazole component of PA8140 tablets to that of PA32540 tablets as agreed with the U.S. Food and Drug Administration. POZEN Inc. (NASDAQ:POZN), shares moved up 5.75% in last trading session and was closed at $9.20, while trading in range of $ 8.71 – 9.37. POZEN Inc. (NASDAQ:POZN), year to date (YTD) performance is 14.43%.

Shares of Finisar Corporation (NASDAQ:FNSR), saw some unusual options trading on Monday. Investors bought 4,973 put options on the company, Analyst Ratings.Net reports. This is an increase of 214% compared to the typical volume of 1,583 put options. Finisar Corporation (NASDAQ:FNSR), weekly performance is 11.76%. On last trading day company shares ended up $28.13. Finisar Corporation (NASDAQ:FNSR), distance from 50-day simple moving average (SMA50) is 13.20%. Analysts mean target Price for the company is $28.58.

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