Following U.S. Stocks were among the “Top Gainers” during Monday’s trade: Parsley Energy Inc (NYSE:PE), Depomed Inc (NASDAQ:DEPO), Amicus Therapeutics, Inc (NASDAQ:FOLD), DiamondRock Hospitality Company (NYSE:DRH)
Their insights are depicted underneath:
Parsley Energy Inc (NYSE:PE)’s shares picked up 3.04%, and closed at $13.91. The company holds the market capitalization of 1.75B. The stock return on equity value is 4.00%, while return on assets value is 1.50%, in response to its return on investment value of 0.70%. Its 20-day moving average declined -11.32%, and the stock moved below 50-day moving average of -12.18%. The mean recommendation of analysts for this stock is 2.30.(where 1=Buy, 5=Sale).
Parsley Energy, Inc. is engaged in the attainment, development, production, exploration, and sale of crude oil and natural gas properties located primarily in the Permian Basin region of West Texas.
Depomed Inc (NASDAQ:DEPO), raised 2.99%, and closed at $24.14.
Through PRNewswire, DepoMed Inc. (DEPO), declared that it will be presenting at the 27th Annual Roth Conference in Laguna Niguel, California. The presentation is planned for 12:30 pm ET (9:30 am PT) Tuesday, March 10, 2015.
Depomed is a specialty pharmaceutical corporation that commercializes products for pain and neurology related disorders. Gralise® (gabapentin) is a once-daily treatment approved for the administration of postherpetic neuralgia. CAMBIA® (diclofenac potassium for oral solution) is a non-steroidal anti-inflammatory drug indicated for acute treatment of migraine attacks with or without aura in adults (18 years of age or older).
Amicus Therapeutics, Inc (NASDAQ:FOLD), enhanced 2.94%, and closed at $8.74.
Through GLOBE NEWSWIRE, Amicus Therapeutics, Inc. (FOLD), a biopharmaceutical corporation at the forefront of therapies for rare and orphan diseases, declared financial results for the full-year ended December 31, 2014. The Corporation also offered program updates and reiterated full-year 2015 net cash spend guidance.
Financial Highlights for Full Year Quarter Ended December 31, 2014:
- Cash, cash equivalents, and marketable securities totaled $169.1 million at December 31, 2014 contrast to $82.0 million at December 31, 2013.
- Total operating expenses raised to $69.9 million contrast to $64.5 million for the full-year 2013 primarily due to raises in preclinical and clinical development costs on the Fabry monotherapy and Pompe programs.
- Net cash spend was $53.2 million, below the full-year 2014 guidance range of $54-59 million.
- Net loss was $68.9 million, or $0.93 per share, contrast to a net loss of $59.6 million, or $1.16 per share, for the full-year 2013.
Amicus Therapeutics, Inc., a biopharmaceutical corporation, focuses on the discovery, development, and commercialization of medicines for various rare and orphan diseases.
DiamondRock Hospitality Company (NYSE:DRH), rose 2.88%, and closed at $13.91.
Through PRNewswire, on Feb. 24, Diamondrock Hospitality Co. (DRH), declared that it recently attaind the Shorebreak Hotel in Huntington Beach, CA, for a purchase price of $58.5 million. The purchase price represents a 12.8 multiple on 2015 forecasted Hotel earnings before interest, taxes, depreciation and amortization (“EBITDA”).
The Shorebreak Hotel was constructed and opened six years ago and is a premier beachfront hotel located on the renowned Pacific Coast Highway (“PCH”) overlooking the Pacific Ocean. Designed as a unique surfing-inspired resort, the Hotel features 157 well-designated guestrooms, counting 37 suites, and the popular Zimzala Restaurant & Bar. As a boutique hotel with over 3,900 square feet of flexible meeting space, the Hotel is able to attract both groups and corporate guests looking for a unique Southern California experience. Located across from the Huntington Beach Pier at Main Street, the Hotel is well positioned to capture leisure, group, and corporate demand from the over 16 million annual visitors to the area.
Downtown Huntington Beach is a well-established and growing market that features urban street retail within an affluent coastal residential community. Considered one of the U.S.’s most popular beach communities, Huntington Beach hosts annual events that comprise international surf, skateboard, and BMX competitions and additional regional events and festivals. With ten miles of scenic beachfront, Huntington Beach holds the distinction of being the largest stretch of uninterrupted beachfront on the West Coast.
DiamondRock Hospitality Corporation is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in top gateway markets and destination resort locations. The Corporation owns 28 premium quality hotels with over 10,700 rooms.
