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Thursday 2 July 2015
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Momentum Stocks in Consideration: Carrizo Oil & Gas, (NASDAQ:CRZO), Cytori Therapeutics (NASDAQ:CYTX), Targacept, (NASDAQ:TRGT), Louisiana-Pacific (NYSE:LPX)

On Tuesday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: Carrizo Oil & Gas, (NASDAQ:CRZO), Cytori Therapeutics (NASDAQ:CYTX), Targacept, (NASDAQ:TRGT), Louisiana-Pacific (NYSE:LPX)

On March 16, 2015 Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) disclosed that it has priced an underwritten public offering of 4,500,000 shares of its common stock at a price to the public of $45.50 for each share. Carrizo has granted the underwriters an option to purchase up to 675,000 additional shares. Carrizo intends to use the net proceeds from this offering, and any proceeds from the exercise of the underwriters’ option to purchase additional shares, to repay borrowing under the revolving credit facility and general corporate purposes.

Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) enhanced 3.36%, and closed at $47.40. The company holds the market capitalization of $2.35B. For the last twelve months, the stock was able to keep return on equity at 23.90%, while return on assets at 9.10%, in response to its return on investment at 3.10%. Its 20-day moving average decreased -0.63%, below 50-day moving average of 0.61%, below 200-day moving average of -9.31% from the latest market price of $47.40. The mean recommendation of analysts for this stock is 1.80. (Where 1=Buy, 5=Sale).

Carrizo Oil & Gas, Inc. (CRZO) along with its auxiliaries holds in the exploration, development, and production of oil and gas primarily in the United States. The corporation holds interests in crude oil plays and projects, counting Eagle Ford Shale in Texas; the Niobrara Formation located in Colorado; the Utica Shale in Ohio; and the Marcellus Shale located in Pennsylvania.

Formerly On March 23, 2015 Cytori Therapeutics Inc (NASDAQ:CYTX) will present data from two preclinical studies describing safety and efficacy of ADRCs for treatment of thermal burn injuries at the yearly Meeting of the American Burn Association (ABA) in Chicago on April 21-24, 2015. This research, funded by the contract with the Biomedical Advanced Research and Development Authority (BARDA) of the Department of Health and Human Services, was part of the package of data presented to the US Government as part of the In-Process Review meeting that led to the execution of the current contract option valued at $14.1 million, and part of Cytori’s $106 million BARDA contract framework.

Cytori Therapeutics Inc (NASDAQ:CYTX) inclined 3.33%, and closed at $1.24. The company has the market capitalization of $129.82 million. The beta value of the stock is 2.67. On the other hand the stock’s volatility for the week is 8.67%, and for the month is 16.69%.price to sale ratio is $17.65. Analyst’s mean recommendation regarding this stock is 2.00. (Where 1=Buy, 5=Sale).

Cytori Therapeutics Inc (CYTX) a biotechnology corporation develops cell therapeutics for specific diseases and medical conditions. The corporation primarily provides Cytori Cell Therapy comprising of a heterogeneous population of specialized cells, counting stem cells for the treatment of patients with scleroderma hand dysfunction, orthopedic disorders, cardiovascular disease, urinary incontinence, and thermal burns combined with radiation injury.

Louisiana-Pacific Corporation (NYSE:LPX) rose 3.29%, and closed at $16.94. The stock has the beta value of 1.91, and its volatility for the week is 3.26%, while for the month it is 3.17%. The company has the market capitalization of $2.33 billion. The company holds the book value per share of 7.87, whereas cash per share is 3.74. Price to book ratio remained 2.15, while price to sale ratio is 1.25. Analysts mean recommendation for the stock is said to be 2.60 (where 1=Buy, 5=sale).

Louisiana-Pacific Corporation (LPX) along with its auxiliaries, mostly manufactures and sells building products for use in new home construction, repair and remodeling, outdoor structures, and light industrial and commercial construction.

Formerly On March 5, 2015 Targacept, Inc. (NASDAQ:TRGT) and Catalyst Biosciences, Inc., a privately held biopharmaceutical corporation, jointly uncovered that they have reached a definitive contract to merge the two companies. The combined entity, to be named Catalyst Biosciences, Inc., is predictable to create a financially strong corporation to harness the catalytic power of engineered human proteases to develop next-generation biopharmaceuticals with improved efficacy and therapeutic index to treat major diseases.

Targacept , Inc. (NASDAQ:TRGT)’s shares picked up 3.25%, and closed at $2.86. The stock volatility for the week is 4.64%, while for the month remained 3.04%. The company holds consensus target price of $3.00.

If we consider EPS growth of the company, then the company indicated the following observations:

The company showed -0.97 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 30.20% and Annual EPS growth for the past 5 years is considered as 8.80%.

The mean recommendation of analysts for this stock is 3.00. (Where 1=Buy, 5=Sale).

Targacept , Inc. (TRGT) a biopharmaceutical corporation, is involved in the development of neuronal nicotinic receptors (NNR) therapeutics for the treatment of nervous system and gastrointestinal/genitourinary diseases and disorders.

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This article is published by www.wsnewspublishers.com. The data demonstrated in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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