Tag: Rentech

  • Stocks Getting Investors Interest: NQ Mobile (NYSE:NQ), Rentech (NASDAQ:RTK), Relypsa (NASDAQ:RLYP), Pendrell Corporation – Class A (NASDAQ:PCO)

    NQ Mobile Inc. (NQ) fell the most in more than five months after a weaker-than-forecast earnings report reignited investor concern about the company that has been the target of short-seller Carson Block since October. NQ Mobile Inc (ADR) (NYSE:NQ), shares after opening at $13.48 moved to $14.50 on last trade day and at the end of the day closed at $12.70. Company price to sales ratio in past twelve months was calculated as 3.96 and price to cash ratio as 4.21. NQ Mobile Inc (ADR) (NYSE:NQ), showed a negative weekly performance of 25.29%.

    On April 10, 2014, Rentech, Inc. (NASDAQ:RTK) announced that Blackstone will invest as much as $150 million in its business through preferred stock and term loan. The company stated that the investment will allow Blackstone to have two seats in its board of directors. Rentech, Inc. (NASDAQ:RTK), shares advanced 4.39% in last trading session and ended the day on $2.14. Rentech, Inc. (NASDAQ:RTK), return on equity ratio is recorded as 12.20% and its return on assets is 3.10%. Rentech, Inc. (NASDAQ:RTK), yearly performance is 1.90%.

    On April 11, 2014, Relypsa Inc. ( RLYP ), a biopharmaceutical company, announced that it has priced an underwritten public offering of about 3.59 million shares of its common stock at a price to the public of $24.50 per share for gross proceeds of about $88 million. Relypsa Inc (NASDAQ:RLYP), shares moved down 4.68% in last trading session and was closed at $24.05, while trading in range of $ 22.90 – 24.48. Relypsa Inc (NASDAQ:RLYP), year to date (YTD) performance is -3.80%.

    Pendrell Corporation – Class A (NASDAQ:PCO), weekly performance is 0.00%. On last trading day company shares ended up $1.76. Pendrell Corporation – Class A (NASDAQ:PCO), distance from 50-day simple moving average (SMA50) is 9.19%.