Search
Thursday 9 April 2015
  • :
  • :
Latest Update

4 Declining Stocks: Microvision, (NASDAQ:MVIS), Approach Resources (NASDAQ:AREX), NQ Mobile (NYSE:NQ), Inovio Pharmaceuticals (NASDAQ:INO)

On Friday, Following Stocks were among the “Top 100 Losers” In U.S. Stock Exchange: Microvision, (NASDAQ:MVIS), Approach Resources (NASDAQ:AREX), NQ Mobile (NYSE:NQ), Inovio Pharmaceuticals (NASDAQ:INO)

Microvision, Inc. (NASDAQ:MVIS) a leader in innovative ultra-miniature projection display technology, uncovered it has received orders totaling $14.5 million for components for its Fortune Global 100 customer. MicroVision plans to begin shipment of components for these orders in the second half of 2015 and expects fulfillment to continue into 2016. MicroVision and its Fortune Global 100 customer recently entered into a licensing agreement whereby MicroVision granted a non-exclusive license to its patented PicoP® display technology to the Fortune Global 100 company.

Microvision, Inc. (NASDAQ:MVIS) declined -3.89%, and closed at $3.71. The company has the market capitalization of $166.12 million. The beta value of the stock is 0.99. On the other hand the stock’s volatility for the week is 15.45%, and for the month is 8.45%. The stock’s price to book ratio is 24.73, however price to sale ratio is 47.46. Analyst’s mean recommendation regarding this stock is 2.50. (Where 1=Buy, 5=Sale).

Microvision, Inc. (MVIS) is hold in the development of its proprietary PicoP display technology that can be used by its customers to create miniature laser display and imaging engines in the United States. Its PicoP display technology includes a single-mirror micro-electrical mechanical systems scanner, laser light sources, electronics, and optics to create a video or still image from a small form factor device.

Formerly on February 25, 2015 Approach Resources Inc. (NASDAQ:AREX) uncovered results for fourth quarter and full-year 2014 and estimated 2014 proved reserves.

Production was 15.1 MBoe/d, a 34% increase over the prior-year quarter

Revenues totaled $55.1 million

Net income was $27.0 million, or $0.68 per diluted share

Adjusted net income was $3.4 million, or $0.08 per diluted share

EBITDAX was $44.3 million, or $1.12 per diluted share, an increase of 8% over the prior-year quarter

Approach Resources Inc. (NASDAQ:AREX)’s shares picked down -3.86%, and closed at $6.48. The stock volatility for the week is 10.08%, while for the month remained 8.02%. The company holds consensus target price of $7.31.

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

The company showed 1.42 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -115.40% and Annual EPS growth for the past 5 years is considered as 27.38%.

The mean recommendation of analysts for this stock is 3.10. (Where 1=Buy, 5=Sale).

Approach Resources Inc. (AREX) an independent energy company, focuses on the exploration, development, production, and acquisition of unconventional oil and gas reserves in the United States. The company’s properties are primarily located in the Permian Basin in west Texas.

On 19 march.2015 NQ Mobile Inc (ADR) (NYSE:NQ) a leading global provider of mobile Internet services, today announced the appointment of Mr. Chun Ding as an independent director to the Company’s board of directors, effective as of March 18, 2015. Mr. Chun Ding, a US citizen, is the Managing Member of CRCM LLC, the general partner of CRCM L.P., an asset management firm he founded in 2006. He graduated, as valedictorian, from Middlebury College in 1993 with a B.A. in Economics. He received his Masters of Business Administration from Harvard Business School in 1997, as a Baker Scholar. Before founding CRCM, Mr. Ding had extensive work experience in investment banking and institutional asset management through his previous jobs with large U.S. financial institutions in New York and San Francisco.

NQ Mobile Inc (ADR) (NYSE:NQ) decreased -3.86%, and closed at $3.74. The company holds the market capitalization of $298.65M. Its 20-day moving average decreased -3.86%, below 50-day moving average of -4.21%, below 200-day moving average of -36.55% from the latest market price of $3.74. The mean recommendation of analysts for this stock is 2.00. (Where 1=Buy, 5=Sale).

NQ Mobile Inc (ADR) (NQ) provides mobile Internet services in the People’s Republic of China and internationally. The company provides products and services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise.

On March 18, 2015 Inovio Pharmaceuticals Inc (NASDAQ:INO) disclosed the appointment of Scott M. White, M.D. as Vice President, Clinical Development — Infectious Diseases. Dr. White will be responsible for advancing Inovio’s infectious disease portfolio of DNA immunotherapies and vaccines through clinical trials to commercialization. He will report to Dr. Mark Bagarazzi, Inovio’s Chief Medical Officer.

Inovio Pharmaceuticals Inc (NASDAQ:INO) fell -3.81%, and closed at $9.09. The stock has the beta value of 2.72, and its volatility for the week is 13.39%, while for the month it is 7.38%. The company has the market capitalization of $552.14 million. The company holds the book value per share of 1.83, whereas cash per share is 1.54. Price to book ratio remained 4.97, while price to sale ratio is 52.58. Analysts mean recommendation for the stock is said to be 1.70 (where 1=Buy, 5=sale).

Inovio Pharmaceuticals Inc (INO) along with its subsidiaries, discovers, develops, and develops synthetic vaccines and immune therapies focusing on cancers and infectious diseases.

DISCLAIMER:

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.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *