Stocks on the Move: Raptor Pharmaceuticals Corp. (NASDAQ:RPTP), Evoke Pharma (NASDAQ:EVOK), SMTC Corporation (NASDAQ:SMTX), AmeriServ Financial (NASDAQ:ASRV), IAMGOLD Corp. (NYSE:IAG)

Posted by on Apr 19, 2016

Raptor Pharmaceuticals Corp. (NASDAQ:RPTP) shares moved down -5.02% in last trading session and ended the day at $5.11. RPTP Gross Margin is 86.60% and its has a return on assets of -23.50%. Raptor Pharmaceuticals Corp. (NASDAQ:RPTP) quarterly performance is 58.70%.

On 11 April, Raptor Pharmaceutical Corp. (NASDAQ:RPTP) announced its first commercial sale of QUINSAIR™ (levofloxacin inhalation solution) in Germany and Denmark. QUINSAIR is approved in the European Union (EU) and Canada for the management of chronic pulmonary infections due to Pseudomonas aeruginosa in adult patients with cystic fibrosis (CF). It is the first fluoroquinolone to be approved as an inhaled therapy for a pulmonary disease. The treatment is administered twice-daily, stored at room temperature and has a short administration time. Launches in additional EU countries and Canada are anticipated for QUINSAIR in 2016.

Evoke Pharma, Inc. (NASDAQ:EVOK) ended the last trading day at $5.16. Company weekly volatility is calculated as 9.67% and price to cash ratio as 4.29. Evoke Pharma, Inc. (NASDAQ:EVOK) showed a weekly performance of 0.49%.

On April 15, 2016, Evoke Pharma, Inc. (NASDAQ:EVOK) and MLV & Co. LLC (“MLV”) mutually agreed to terminate that certain At Market Issuance Sales Agreement, dated November 13, 2014 (the “Original Agreement”), effective immediately. The Company sold an aggregate of approximately $5.0 million of shares of common stock under the Original Agreement. No additional shares of the Company’s common stock will be offered or sold pursuant to the Original Agreement.

On 19 April, SMTC Corporation (NASDAQ:SMTX) shares remains unchanged and was closed at $1.64. SMTX EPS growth in last 5 year was -14.90%. SMTC Corporation (NASDAQ:SMTX) year to date (YTD) performance is 5.81%.

AmeriServ Financial, Inc. (NASDAQ:ASRV) shares moved down -1.01% in last trading session and ended the day at $2.95. ASRV has a return on assets of 0.50%. AmeriServ Financial, Inc. (NASDAQ:ASRV) quarterly performance is -1.99%.

AmeriServ Financial, Inc. (NASDAQ:ASRV) reported a first quarter 2016 net loss available to common shareholders of $1,282,000, or ($0.07) per diluted common share, due primarily to an increased provision for loan losses. This net loss is consistent with the information previously disclosed in an 8K filed on March 31, 2016. In the first quarter of 2015, net income available to common shareholders totaled $1,316,000, or $0.07 per diluted common share.

IAMGOLD Corp. (NYSE:IAG) caters to the Basic Materials space. It has a net profit margin of -82.40% and weekly performance is 6.85%. On the last day of trading company shares ended up at $3.12. IAMGOLD Corp. (NYSE:IAG) distance from 50-day simple moving average (SMA50) is 34.82%.

IAMGOLD Corp (NYSE:IAG) had its target price lifted by equities researchers at RBC Capital from $2.25 to $2.75 in a research report issued to clients and investors on Tuesday. RBC Capital’s target price would suggest a potential downside of 2.14% from the company’s previous close.

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