Ariad Pharmaceuticals (NASDAQ:ARIA) was holding on to a 4% advance shortly before Friday’s closing bell and the drug maker saying it has begun Phase II testing of its AP26113 drug candidate in patients with certain types of non-small cell lung cancer. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares after opening at $8.04 moved to $8.20 on last trade day and at the end of the day closed at $7.98. Company price to sales ratio in past twelve months was calculated as 32.50 and price to cash ratio as 6.25. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) showed a positive weekly performance of 1.79%.
Shareholders are offloading Latin American telecom operator, NII Holdings Inc. (NASDAQ:NIHD), from their portfolio after the company sounded a warning on liquidity last month. Recently, NII Holdings suffered another setback when investors filed a class action suit against the company and its board of directors. NII Holdings Inc. (NASDAQ:NIHD) shares advanced 12.62% in last trading session and ended the day on $1.16. NIHD return on equity ratio is recorded as -82.60% and its return on assets is -16.30%. NII Holdings Inc. (NASDAQ:NIHD) yearly performance is -73.21%.
Wet Seal (NASDAQ:WTSL) was downgraded by investment analysts at B. Riley from a “neutral” rating to a “sell” rating in a note issued to investors on Monday, TheFlyOnTheWall.com reports. They currently have a $0.50 price target on the stock, down from their previous price target of $2.10. B. Riley’s price objective would suggest a potential downside of 54.95% from the company’s current price. The Wet Seal, Inc. (NASDAQ:WTSL) shares moved up 6.72% in last trading session and was closed at $1.27, while trading in range of $1.21 – $1.32. The Wet Seal, Inc. (NASDAQ:WTSL) year to date (YTD) performance is -53.48%.
Mercer International Inc. (NASDAQ:MERC) yesterday announced the pricing of its previously announced underwritten public offering of 7,000,000 shares of its common stock at a price to the public of $7.15 per share. Mercer International Inc. (NASDAQ:MERC) weekly performance is -10.87%. On last trading day company shares ended up $7.54. Mercer International Inc. (NASDAQ:MERC) distance from 50-day simple moving average (SMA50) is -16.82%. Analysts mean target price for the company is $6.58.