Tag: Alkermes

  • Trader’s Recap: Nokia Corporation (NYSE:NOK), Valeant Pharmaceuticals (NYSE:VRX), Alkermes Plc (NASDAQ:ALKS), Flamel Technologies S.A. (NASDAQ:FLML), Bio-Path Holdings (NASDAQ:BPTH)

    Nokia Corporation (ADR) (NYSE:NOK) plans to integrate Mesaplexx’s technology within its Flexi line of compact base stations, and thinks doing so could allow it to reduce form factors for its small cell base stations by 30% or more. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is -3.08%. On last trading day company shares ended up $7.88. Analysts mean target price for the company is $8.10. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 5.31%.

    In the case of Allergan, Valeant Pharmaceuticals International Inc. (NYSE:VRX) has already changed its bid twice (increasing the cash portion of the offer) to try to get the company into the fold. Valeant Pharmaceuticals Intl Inc. (NYSE:VRX) shares fell -0.69% in last trading session and ended the day on $127.46. VRX gross Margin is 67.80% and its return on assets is -3.30%.Valeant Pharmaceuticals Intl Inc. (NYSE:VRX) quarterly performance is -9.84%.

    Irish drug giant Alkermes PLC (NASDAQ:ALKS) filed a trademark infringement lawsuit against a four-year old Boston-based biotech with a very similar name. Alkermes Plc (NASDAQ:ALKS) shares moved up 1.77% in last trading session and was closed at $48.38, while trading in range of $47.17 – $48.90. Alkermes Plc (NASDAQ:ALKS) year to date (YTD) performance is 18.99%.

    Flamel Technologies (NASDAQ:FLML) announced on 5 June that it has been informed by the Active Pharmaceutical Ingredient (API) supplier for its second New Drug Application (NDA) that the Food and Drug Administration (FDA) has now classified its facility as acceptable. Flamel Technologies S.A. (ADR) (NASDAQ:FLML) ended the last trading day at $12.46. Company weekly volatility is calculated as 6.24% and price to cash ratio as 51.27.Flamel Technologies S.A. (ADR) (NASDAQ:FLML) showed a positive weekly performance of 11.45%.

    Analysts at Maxim Group started coverage on shares of Bio-Path Holdings Inc. (NASDAQ:BPTH) in a research report issued to clients and investors on Monday. The firm set a “buy” rating and a $5.00 price target on the stock. Maxim Group’s price target would indicate a potential upside of 83.82% from the company’s current price. Bio-Path Holdings Inc. (NASDAQ:BPTH) weekly performance is 2.66%. On last trading day company shares ended up $2.70. Analysts mean target price for the company is $5.00. Bio-Path Holdings Inc. (NASDAQ:BPTH) distance from 50-day simple moving average (SMA50) is 3.74%.