On Tuesday, Anavex Life Sciences Corp (NASDAQ:AVXL)’s shares declined -10.67% to $6.28. The market capitalization of Anavex Life Sciences Corp (NASDAQ:AVXL) is $196.60 million with the total traded volume of the company is 6.58 million. The the beta ratio has a value of -0.50.
Anavex Life Sciences Corp stated year-end results for fiscal year 2015.
Financial Highlights:
- Anavex had cash and cash equivalents of $15.3 million as of September 30, 2015, contrast with $7.3 million as at September 30, 2014.
- During fiscal year 2015 Anavex used $4.2 million in cash to fund operations.
- The net loss for fiscal year 2015 was $12.1 million or $0.65 per share contrast to a net loss of $10.0 million or $1.02 for the 2014 fiscal year.
- Operating expenses for the 12 months ended September 30, 2015 were $7.1 million, contrast to $3.0 million for the comparable period in fiscal year 2014. The improvement was primarily attributable to the Phase 2a clinical trial and expanding the team.
Anavex Life Sciences Corp., a biopharmaceutical company, is engaged in the discovery and development of drugs for the treatment of Alzheimer’s disease, central nervous system diseases, and pain and various cancers. Its lead drug candidates comprise ANAVEX 2-73 and ANAVEX PLUS, a combination of ANAVEX 2-73 with donepezil (Aricept), which is in a Phase IIa clinical trial for the treatment of Alzheimer’s disease.
Blackstone Group LP (NYSE:BX)’s shares dropped -0.82% to $30.16. The last trading range of Blackstone Group LP (NYSE:BX) ranges between $29.50 and $30.62. The EPS of the company stands at $1.69. The 52-week range shows that the stock reached higher at $43.66 while its lower range is $26.82 in the last 52-weeks. The average volume of the company is at 4.81 million with the Outstanding Shares of 621.98 million. The market capitalization of the company is $36.56 billion. The Beta of the company stands at 1.69 with the RSI (Relative Strength Index) of 46.35.
Presently the company Insiders own 1% of The Blackstone Group L.P. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 6.1%. Institutional Investors own 52.69% of The Blackstone Group L.P. shares. During last six month period, the net percent change held by insiders has seen a change of 0.9%.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.
Steel Dynamics, Inc. (NASDAQ:STLD)‘s shares surged 1.39% to $18.09. Steel Dynamics, Inc. (NASDAQ:STLD) is now worth about $4.40 billion. The share price has made a 6.91% gain in the past 5 days and has lost -8.36% since 2015 kicked off. Analysts are forecasting EPS growth of 0.32% for next fiscal year and 8.20% growth in the next 5 years. The stock trades with a beta of 1.80. The stock price is below by -7.02% as contrast to the average price over the last 200 days. The company has 10.30% gross margins.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally.
