On Wednesday, Following Stocks were among the “Top Priority Stocks” For Traders -Avago Technologies (NASDAQ:AVGO), The Medicines Company (NASDAQ:MDCO), Vertex Pharmaceuticals (NASDAQ:VRTX), Exelixis, (NASDAQ:EXEL)
On March 23, 2015 Avago Technologies Ltd (NASDAQ:AVGO) a leading supplier of analog interface components for wireless, wireline, storage and industrial applications, promulgated the availability of its new micro-integrated tunable laser assembly (Micro-ITLA) device, the AFCU-UITLAXX. The device is a high-performance, narrow-linewidth Micro-ITLA component designed for both the transmission and local oscillator laser in coherent dense wave division multiplexing (DWDM) systems.
Avago Technologies Ltd (NASDAQ:AVGO) fell -6.53%, and closed at $124.43. The stock has the beta value of 1.01, and its volatility for the week is 2.92%, while for the month it is 2.61%. The company has the market capitalization of $34.16 billion. The company holds the book value per share of 14.23, whereas cash per share is 10.01. Price to book ratio remained 8.74, while price to sale ratio is 6.15. Analysts mean recommendation for the stock is said to be 1.80 (where 1=Buy, 5=sale).
Avago Technologies Ltd (AVGO) designs, develops, and supplies semiconductor devices with a focus on analog III-V based products. The company operates through four segments: Wireless Communications, Wired Infrastructure, Enterprise Storage, and Industrial & Other segments.
The Medicines Company (NASDAQ:MDCO) uncovered that it has completed its achievement of all of the outstanding equity of Annovation Biopharma, Inc., a company focused on creating more effective, safer therapies for anesthesia and critical care. Based on technology licensed from Massachusetts General Hospital, Annovation is developing ABP-700, a novel intravenous anesthetic which in Phase 1 clinical studies has demonstrated potent and rapidly reversible anesthetic effects.
The Medicines Company (NASDAQ:MDCO) decreased -6.38%, and closed at $28.23,. The company holds the market capitalization of $1.98 billion. For the last twelve months, the stock was able to keep return on equity at -3.50%, while return on assets at -1.80%, in response to its return on investment at -4.70%. Its 20-day moving average decreased -3.69%, below 50-day moving average of -0.59%, below 200-day moving average of 7.77% from the latest market price of $28.23. The mean recommendation of analysts for this stock is 2.30. (Where 1=Buy, 5=Sale).
The Medicines Company (MDCO) provides medicines for patients in acute and intensive care hospitals worldwide. The company markets Angiomax, an intravenous direct thrombin inhibitor used as an anticoagulant in combination with aspirin in patients with unstable angina undergoing percutaneous transluminal coronary angioplasty, and for use in patients undergoing percutaneous coronary intervention; Cleviprex, an intravenous small molecule calcium channel blocker for blood pressure reduction; Minocin IV, an antibiotic for the treatment of infections due to gram-negative bacteria; Orbactiv for the treatment of acute bacterial skin and skin structure infections; PreveLeak, a mechanical vascular and surgical sealant; ready-to-use formulation of Argatroban for the treatment of thrombosis; and Recothrom, a human recombinant thrombin used as an aid to hemostasis, as well as acute care generic products for acute cardiovascular, surgery and perioperative care, and serious infectious diseases.
On March 23, 2015 Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) promulgated data from a 12-week Phase 2 study evaluating VX-661 in combination with ivacaftor in 39 people with CF ages 18 and older who have two copies of the F508del mutation. The study evaluated two doses of VX-661 (100 mg once daily or 50 mg every 12 hours) in combination with ivacaftor (150 mg every 12 hours). The primary endpoint of the study was safety. The study showed that the combination regimen was generally well tolerated, and all patients accomplished 12 weeks of treatment. The most ordinary adverse events were pulmonary exacerbation, which occurred in 38 percent of all patients who received VX-661 and 44 percent of those who received placebo, and cough, which occurred in 33 percent of all patients who received VX-661 and 39 percent of those who received placebo.
Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) declined -4.58%, and closed at $118.64. The company has the market capitalization of $30.10 billion. The beta value of the stock is 0.32. On the other hand the stock’s volatility for the week is 4.74%, and for the month is 3.41%. The stock’s price to book ratio is $26.31, however price to sale ratio is $49.49. Analyst’s mean recommendation regarding this stock is 2.20. (Where 1=Buy, 5=Sale).
Vertex Pharmaceuticals Incorporated (VRTX) involves in discovering, developing, manufacturing, and commercializing small molecule drugs for patients with serious diseases in specialty markets.
Exelixis, Inc. (NASDAQ:EXEL)’s shares picked down -6.20%, and closed at $2.57. The stock volatility for the week is 7.20%, while for the month remained 6.54%. The company holds consensus target price of $2.50.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed -1.38 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -3.80% and Annual EPS growth for the past 5 years is considered as -1.80%.
The mean recommendation of analysts for this stock is 2.60. (Where 1=Buy, 5=Sale).
Exelixis, Inc. (EXEL) a biopharmaceutical company develops small molecule therapies for the treatment of cancer in the United States. The company focuses primarily on developing and commercializing COMETRIQ, an inhibitor of multiple receptor tyrosine kinases for the treatment of patients with progressive, metastatic medullary thyroid cancer.
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