Equities research analysts at WBB Securities hoisted their price objective on shares of Omeros (NASDAQ:OMER) from $20.00 to $30.00 in a research note issued to investors on Monday, American Banking News.com reports. The firm currently has a “strong-buy” rating on the stock. WBB Securities’ target price points to a potential upside of 169.06% from the stock’s previous close. Omeros Corporation (NASDAQ:OMER) shares after opening at $11.23 moved to $12.10 on last trade day and at the end of the day closed at $12.07. Company price to sales ratio in past twelve months was calculated as 251.96 and price to cash ratio as 28.59. Omeros Corporation (NASDAQ:OMER) showed a negative weekly performance of -2.43%.
Rite Aid Corporation (NYSE:RAD) takes a knock from Obamacare. Analysts expect the US drugstore chain to post its second consecutive profitable year after a string of losses. Profit margins are set to drop, though, as pharmacies offer deals to lure newly insured Americans. Rite Aid Corporation (NYSE:RAD) shares advanced 4.75% in last trading session and ended the day on $6.40. RAD return on equity ratio is recorded as -11.30% and its return on assets is 4.00%. Rite Aid Corporation (NYSE:RAD) yearly performance is 257.54%.
SINA Corp (NASDAQ:SINA) has been struggling on the charts for practically all of 2014, with emerging concerns about the Weibo initial public offering pushing the shares further into the red. SINA Corp (NASDAQ:SINA) shares moved up 2.80% in last trading session and was closed at $56.85, while trading in range of $54.65 – $56.89. SINA Corp (NASDAQ:SINA) year to date (YTD) performance is -32.52%.
Ubiquiti Networks, Inc. (NASDAQ:UBNT), a next-generation communications technology company, is pleased to see that the FCC is recognizing the importance of the 5GHz spectrum with its move last week to add 100MHz to the band. Ubiquiti Networks Inc. (NASDAQ:UBNT) weekly performance is -7.84%. On last trading day company shares ended up $41.99. Ubiquiti Networks Inc. (NASDAQ:UBNT) distance from 50-day simple moving average (SMA50) is -10.86%. Analysts mean target price for the company is $52.64.
Leave a Reply