Following U.S. Stocks are among the “Top Gainers” Stocks in the course of recent trading session, Thursday: Coronado Biosciences Inc (NASDAQ:CNDO), Amicus Therapeutics, Inc (NASDAQ:FOLD), Corcept Therapeutics Incorporated (NASDAQ:CORT), Nevro Corp (NYSE:NVRO)
Coronado Biosciences Inc (NASDAQ:CNDO) recently declared the formation of a new company, Mustang Therapeutics, Inc. Mustang will initially focus on the preclinical and clinical development, in addition to commercialization of proprietary Chimeric Antigen Receptor (CAR-T) technology. This portfolio of CAR-T cells was developed by Dr. Stephen Forman, Director, T cell Therapeutics Research Laboratory and the Francis and Kathleen McNamara Distinguished Chair in Hematology and Hematopoietic Cell Transplantation, and Dr. Christine Brown, Associate Director, T cell Therapeutics Research Laboratory and Associate Research Professor. The deal is valued in excess of $40 million for the development of these CAR-T cells via up-front and milestone payments to City of Hope. It is anticipated that the first two CAR-T cells from this joint venture will start enrollment in human clinical trials at the City of Hope this year.
Coronado Biosciences Inc (NASDAQ:CNDO)’s shares skyrocketed 36.96%, and is now trading at $4.44, hitting new 52-week high of $4.78. The Stock is active as 4.59M shares changed hands versus its average volume of 456,394.00 shares. The stock volatility for the week is 8.60%, while for the month remained 9.30%. The company holds consensus target price of $1.00.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed -0.74 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 4.70% and Annual EPS growth for the past 5 years is considered as -42.20%.
The mean recommendation of analysts for this stock is 4.00. (where 1=Buy, 5=Sale).
Coronado Biosciences, Inc., a development stage biopharmaceutical company, develops novel immunotherapy agents for the treatment of autoimmune diseases and cancer. The company’s principal pharmaceutical product candidates in clinical development comprise Trichuris suis ova or CNDO-201, a biologic comprising the microscopic eggs of the porcine whipworm for the treatment of autoimmune diseases, such as Crohn’s disease, ulcerative colitis, multiple sclerosis, autism, psoriasis, and type 1 diabetes; and CNDO-109, a biologic that activates the immune system’s natural killer cells to seek and destroy cancer cells for the treatment of acute myeloid leukemia. Coronado Biosciences, Inc. has planned alliances and commercial agreements with Ovamed GmbH, Dr. Falk Pharma GmbH, Freie Universitt Berlin, UCL Business PCL, and Progenitor Cell Therapy. The company was founded in 2006 and is based in Burlington, Massachusetts.
Amicus Therapeutics, Inc (NASDAQ:FOLD), recently declared that it has met very recently with regulatory authorities in Europe and the U.S. to talk about the approval pathways for the oral small molecule pharmacological chaperone migalastat HCl (“migalastat”) as a precision medicine monotherapy for Fabry patients who have amenable genetic mutations.
Amicus Therapeutics, Inc (NASDAQ:FOLD), raised 25.24%, and is now trading at $11.72, hitting new 52-week high of $12.64. The Stock is active as 7.70M shares changed hands versus its average volume of 1.18M shares. The stock has price to sale ratio of 745.04, however, price to book ratio is 6.68. With recent incline, the year-to-date (YTD) performance reflected a 12.38% gain below last year. During the past month the stocks gain 9.61%, bringing three-month performance to 18.65% and six-month performance to 39.34%. The mean recommendation of analysts for this stock is 1.50. (where 1=Buy, 5=Sale).
Amicus Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines for various rare and orphan diseases. Its product candidate is a small molecule that can be used as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease. The company’s development programs comprise next-generation ERTs for lysosomal storage disorders (LSDs), such as Fabry disease, Pompe disease, and Mucopolysaccharidosis Type I. It also develops pharmacological chaperone migalastat HCl as a monotherapy that has accomplished two Phase III global registration studies for Fabry disease; ATB200, a recombinant human acid-alpha glucosidase that is in late preclinical development for Pompe disease; and AT3375 for the treatment of Parkinson’s disease. The company has planned partnershipwith GlaxoSmithKline PLC to develop and commercialize migalastat. Amicus Therapeutics, Inc. was founded in 2002 and is based in Cranbury, New Jersey.
Corcept Therapeutics Incorporated (NASDAQ:CORT), enhanced 13.22%, and is now trading at $5.91, hitting new 52-week high of $6.34. The Stock is active as 556,889.00 shares changed hands versus its average volume of 193,463.00 shares. The company holds the market capitalization of $597.91M. For the last twelve months, the stock was able to keep return on assets at -74.30%, while return on investment at -90.50%. Its 20-day moving average gained 65.03%, above 50-day moving average of 84.92%, above 200-day moving average of 107.41% from the latest market price of $6.07. The mean recommendation of analysts for this stock is 3.00.(where 1=Buy, 5=Sale).
Corcept Therapeutics Incorporated, a pharmaceutical company, is engaged in the discovery, development, and commercialization of drugs for the treatment of metabolic, psychiatric, and oncologic disorders in the United States. The company focuses on disorders that are associated with a steroid hormone called cortisol. It offers Korlym (mifepristone) tablets as a once-daily oral medication for the treatment of hyperglycemia secondary to hypercortisolism in adult patients with endogenous Cushing’s syndrome, who have type 2 diabetes mellitus or glucose intolerance and have failed surgery or are not candidates for surgery. The company is also developing mifepristone, an active ingredient in Korlym, which is in Phase III study for treatment of the psychotic features of psychotic depression; and in Phase I study for the treatment of triple-negative breast cancer. In addition, it discovers and develops three series of novel selective GR-II antagonists.
Nevro Corp (NYSE:NVRO), stated financial results for the three months and full year ended December 31, 2014.
Recent Accomplishments & Highlights:
- In November 2014, accomplished initial public offering, receiving net proceeds of about $131 million
- Income of $9.7 million in the fourth quarter of 2014, an raise of 57% over the same period of the prior year
- In January 2015, received an approvable letter from the U.S. Food & Drug Administration (FDA) in response to the company’s pre-market approval (PMA) application for the Senza Spinal Cord Stimulator (SCS) System
Nevro Corp (NYSE:NVRO), picked up 8.45%, and is now trading at $45.80, hitting new 52-week high of $50.20. The Stock is active as 205,060.00 shares changed hands versus its average volume of 130,802.00 shares. The stock volatility for the week is 4.36%, while for the month it is 4.20%. The company has the market capitalization of $1.16B. The company holds the book value per share of -4.27, whereas cash per share is 1.36. Price to sale ratio remained 36.09, while price to cash ratio is 31.16. Analysts mean recommendation for the stock is said to be 1.60 (where 1=Buy, 5=sale).
Nevro Corp., a medical device company, develops and commercializes a neuromodulation platform for the treatment of chronic pain. It provides Senza system, a spinal cord stimulation system that delivers its proprietary HF10 therapy. The company was founded in 2006 and is headquartered in Menlo Park, California.
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