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Sunday 19 April 2015
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Price Losers: ImmunoGen, (NASDAQ:IMGN), New Residential Investment (NYSE:NRZ), Embraer SA (NYSE:ERJ), Atmel (NASDAQ:ATML)

On Tuesday, Following Stocks were among the “Top 100 Losers” In U.S. Stock Exchange: ImmunoGen, (NASDAQ:IMGN), New Residential Investment (NYSE:NRZ), Embraer SA (NYSE:ERJ), Atmel (NASDAQ:ATML)

On March 23, 2015 ImmunoGen, Inc. (NASDAQ:IMGN) and Takeda Pharmaceutical Corporation Limited (TSE) a biotechnology corporation that develops targeted anticancer therapeutics using its state-of-the-art antibody-drug conjugate (ADC) technology, promulgated that Takeda has licensed exclusive rights to use ImmunoGen’s ADC technology – counting ImmunoGen’s new DNA-acting IGN payload agents – to develop and commercialize targeted anticancer therapeutics to up to two unrevealed targets. The contract also provides Takeda with the option to take a license for a third target for an additional upfront fee.

ImmunoGen, Inc. (NASDAQ:IMGN) declined -2.76%, and closed at $8.45. The company has the market capitalization of $748.28 million. The beta value of the stock is 1.84. On the other hand the stock’s volatility for the week is 7.37%, and for the month is 5.37%. The stock’s price to book ratio is $9.39, however price to sale ratio is $9.82. Analyst’s mean recommendation regarding this stock is 2.70. (Where 1=Buy, 5=Sale).

ImmunoGen, Inc. (IMGN) a biotechnology corporation, develops targeted anticancer therapeutics. It develops its products using its antibody-drug conjugates technology. The corporation offers Kadcyla, an antibody-drug conjugate for the treatment of HER2-positive metastatic breast cancer.

On March 16, 2015 New Residential Investment Corp (NYSE:NRZ) proclaimed that its Board of Directors disclosed a quarterly dividend of $0.38 per common share for the first quarter of 2015. The dividend is payable on April 30, 2015 to shareholders of record on March 26, 2015.

New Residential Investment Corp (NYSE:NRZ)’s shares picked down -0.27%, and closed at $15.01. The stock volatility for the week is 2.33%, while for the month remained 2.18%. The company holds consensus target price of $16.50.

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

The company showed 2.51 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 22.20%.

The mean recommendation of analysts for this stock is 2.00. (Where 1=Buy, 5=Sale).

New Residential Investment Corp (NRZ) a real estate investment trust (REIT), focuses on investing in and managing residential mortgage related assets. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments.

Formerly On March 4, 2015 Embraer SA (ADR) (NYSE:ERJ) releases fourth quarter and fiscal year 2014 results and 2015 outlook.

In the fourth quarter of 2014 (4Q14), Embraer delivered 30 commercial and 52 executive (38 light and 14 large) jets and ended the year with total deliveries of 92 commercial and 116 executive (92 light and 24 large) aircraft, thus meeting the Corporation’s total deliveries Guidance for 2014;

Proceeds in 4Q14 reached US$ 2,045.5 million and in 2014 were US$ 6,288.8 million, also meeting the Corporation’s 2014 Proceed Guidance range of US$ 6.0 to US$ 6.5 billion;

EBIT and EBITDA margins were 9.6% and 13.8%, respectively, in 4Q14, and for fiscal year 2014 the EBIT and EBITDA margins were 8.6% and 13.2%, respectively. EBITDA margin was within the Corporation’s Guidance range of 13.0% to 14.0% for the year;

Embraer SA (ADR) (NYSE:ERJ) decreased -2.68%, and closed at $30.84. The company holds the market capitalization of $5.69B. For the last twelve months, the stock was able to keep return on equity at 12.00%, while return on assets at 4.30%, in response to its return on investment at 5.80%. Its 20-day moving average decreased -6.76%, below 50-day moving average of -10.10%, below 200-day moving average of -15.57% from the latest market price of $30.84. The mean recommendation of analysts for this stock is 2.60. (Where 1=Buy, 5=Sale).

Embraer SA (ADR) (ERJ) produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. It provides aircrafts for agricultural use, structural components, mechanical and hydraulic systems, aviation services, and technical activities related to the production and maintenance of aerospace materials.

Atmel Corporation (NASDAQ:ATML) fell -2.67%, and closed at $8.38. The stock has the beta value of 1.96, and its volatility for the week is 4.42%, while for the month it is 3.08%. The company has the market capitalization of $3.58 billion. The company holds the book value per share of 2.11, whereas cash per share is 0.50. Price to book ratio remained 2.11, while price to sale ratio is 2.47. Analysts mean recommendation for the stock is said to be 2.30 (where 1=Buy, 5=sale).

Atmel Corporation (ATML) develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America.

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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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