Mark Elwood

Momentum Stocks: Kimberly-Clark Corporation (KMB), Raytheon Company (RTN), DTE Energy Company (DTE)

Kimberly-Clark Corporation (KMB) retreated with the stock falling -0.45% or $-0.55 to close at $122.88 on light trading volume of 1.87M compared its three months average trading volume of 1.87M. The Irving Texas 75038 based company operating under the Personal Products industry has been trending down for the last 52 weeks, with the shares price now -1.69% down for the period and up by 7.68% so far this year. With price target of $125 and a 11.3% rebound from 52-week low, Kimberly-Clark Corporation has plenty of upside potential, making it a hold with a view buy.

Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care, consumer tissue, and professional products worldwide. The Personal Care segment offers disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Kotex, U by Kotex, Intimus, Depend, Plenitud, Poise, and other brands. The Consumer Tissue segment provides facial and bathroom tissues, paper towels, napkins, and related products under the Kleenex, Scott, Cottonelle, Viva, Andrex, Scottex, Neve, and other brand names. The K-C Professional segment offers wipers, tissues, towels, apparel, soaps, and sanitizers under the Kleenex, Scott, WypAll, Kimtech, and Jackson Safety brands. The company sells household use products directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores, and other retail outlets, as well as through other distributors and e-commerce. It also sells products for away-from-home use through distributors and directly to manufacturing, lodging, office building, food service, and public facilities. Kimberly-Clark Corporation was founded in 1872 and is headquartered in Dallas, Texas.

Raytheon Company (RTN) had a active trading with around 1.8M shares changing hands compared to its three month average trading volume of 1.82M. The stock traded between $151.14 and $152.93 before closing at the price of $151.35 with -0.33% change on the day. The Waltham Massachusetts 02451 based company is currently trading 29.59% above its 52 week low of $119.38 and -0.65% below its 52 week high of $152.93. Both the RSI indicator and target price of  and $167.39 respectively, lead us to believe that it could rise over the coming weeks.

Raytheon Company develops technologically integrated products, services, and solutions worldwide. It operates in five segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint. The IDS segment provides integrated air and missile defense; land and sea-based radar solutions; command, control, communications, computers, cyber, and intelligence solutions; and naval combat and ship electronic systems. The IIS segment offers a range of technical and professional services, such as intelligence, surveillance and reconnaissance, navigation, DoD space and weather, cybersecurity, analytics, training, logistics, mission support, engineering, and automation and sustainment solutions; and air traffic management systems. The MS segment develops and supports a range of weapon systems, including missiles, smart munitions, close-in weapon systems, projectiles, kinetic kill vehicles, directed energy effectors, and combat sensor solutions. The SAS segment provides electro-optical/infrared sensors, airborne radars for surveillance and fire control applications, lasers, precision guidance systems, signals intelligence systems, processors, electronic warfare systems, communication systems, and space-qualified systems for civil and military applications. The Forcepoint segment provides information technology security products and related services to protect from cyber-threats, advanced malware attacks, information leaks, and legal liability and productivity loss. Raytheon Company serves the U.S. Department of Defense (DoD), the U.S. Intelligence Community, the U.S. Armed Forces, the Federal Aviation Administration, the National Oceanic and Atmospheric Administration, Department of Homeland Security, the National Aeronautics and Space Administration, and other international customers. The company was founded in 1922 and is headquartered in Waltham, Massachusetts.

DTE Energy Company (DTE) saw its value increase by 0.14% as the stock gained $0.14 to finish the day at a closing price of $98.21. The stock was higher in trading and has fluctuated between $81.75-$100.45 per share for the past year. The shares, which traded within a range of $97.59 to $98.43 during the day, are up by 8.89% in the past three months and up by 5.41% over the past six months. It is currently trading 0.04% above its 20 day moving average and 0.53% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $101.54 a share over the next twelve months. The current relative strength index (RSI) reading is 52.41.The technical indicator lead us to believe there will be no major movement any time soon, hold.

DTE Energy Company engages in the utility operations. The company’s Electric segment generates, purchases, distributes, and sells electricity to approximately 2.2 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 690 distribution substations and 438,000 line transformers. Its Gas segment engages in the purchase, storage, transportation, distribution, and sale of natural gas to approximately 1.3 million residential, commercial, and industrial customers in Michigan, as well as the sale of storage and transportation capacity. This segment has approximately 19,000 miles of distribution mains; 1,149,000 service pipelines; and 1,297,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company’s Gas Storage and Pipelines segment owns natural gas storage fields, and lateral and gathering pipeline systems, as well as has ownership interests in interstate pipelines serving the Midwest, Ontario, and northeast markets. Its Power and Industrial Projects segment provides metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam, chilled water, and wastewater treatment services, as well as supplies compressed air to industrial customers. This segment also owns and operates 4 renewable generating plants with a capacity of 191 MWs; and 11 reduced emissions fuel facilities, as well as develops landfill gas recovery systems. The company’s Energy Trading segment engages in power and gas marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. DTE Energy Company was founded in 1995 and is based in Detroit, Michigan.

 

Stocks in Review: The Hain Celestial Group, Inc. (HAIN), Zynga Inc. (ZNGA), Mast Therapeutics, Inc. (MSTX)

The Hain Celestial Group, Inc. (HAIN) traded within a range of $32.87 to $35.1 after opening the day at $33.82. The company has seen its stock decrease in value by -10.07% so far this year. The stock was down close to -8.9% on active volume in last trading session and closed at $35.1 per share. After the recent fall, the stock is currently holding -38.41% below its 52 week high of $56.99 and 5.12% above its 12-month low of $32.87. The shares are down by over -1.6% in the last three months, and the RSI indicator value of 21.41 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products include infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola bars, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurt; chilies and packaged grains; and chocolates and nut butters, as well as plant-based beverages and frozen desserts, such as soy, rice, almond, and coconut. The company’s grocery products also comprise juices, hot-eating, chilled and frozen desserts, cookies, crackers, gluten-free frozen entrees and bars, frozen pastas and ethnic meals, frozen fruits and vegetables, cut fresh fruits, refrigerated and frozen soy protein meat-alternative products, tofu, seitan and tempeh products, jams, fruit spreads and jelly, honey, marmalade, and other food products. In addition, it provides snack products, such as potato, root vegetable, and other vegetable chips, as well as straws, tortilla chips, whole grain chips, pita chips, puffs, and popcorn; specialty teas, including herbal, green, black, wellness, rooibos, and chai tea lattes; ready-to-drink beverages comprising organic kombucha and chai tea lattes; personal care products consisting of skin, hair and oral care, deodorants, baby care items, acne treatment, body washes, and sunscreens; and poultry and protein products, such as turkey and chicken products. The company sells its products through specialty and natural food distributors, supermarkets, natural food stores, mass-market and e-commerce retailers, food service channels and club, and drug and convenience stores in approximately 70 countries worldwide. The Hain Celestial Group, Inc. was founded in 1993 and is headquartered in Lake Success, New York.

Zynga Inc. (ZNGA) continued its upward trend with the stock climbing 1.94% or $0.05 to close the day at $2.63 on light trading volume of 11.19M shares, compared to its three month average trading volume of 9.92M. The San Francisco California 94103 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 43.72%, compared to the industry which has advanced 54.24% over the same period. With RSI of 52.46, the stock should still continue to rise and get closer to its one year target estimate of $3.27, making it a hold for now.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States, North America, Asia, and the European Union. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. The company’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com. It also provides advertising services to advertising agencies and brokers. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.

Mast Therapeutics, Inc. (MSTX) dropped $-0.01 to close the day at a new closing price of $0.14, a -3.07% decrease in value from its previous closing price that moved the stock 102.71% above its 52 week low of $0.068. A total of 11.17M shares exchanged hands during the day compared with its three month average trading volume of 9.58M. The stock, which fluctuated between $0.1163 and $0.158 during the day, currently situated -80.01% below its 52 week high. The stock is up by 1.36% in the past one month and up by 77.38% over the past three months. With a one year target estimate of $2.5 and RSI of 58.93, the stock still has upside potential, making it a hold for now.

Mast Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for serious or life-threatening diseases with significant unmet needs. The company’s lead product candidate is MST-188 (vepoloxamer), an injection used for the treatment of sickle cell disease, arterial disease, and heart failure. It also develops AIR001, a sodium nitrite solution for intermittent inhalation via nebulizer, as well as for the treatment of heart failure with preserved ejection fraction. The company was formerly known as ADVENTRX Pharmaceuticals, Inc. and changed its name to Mast Therapeutics, Inc. in March 2013. Mast Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.

 

Stocks on Trader’s Radar: Kate Spade & Company (KATE), CONSOL Energy Inc. (CNX), Calpine Corporation (CPN)

Kate Spade & Company (KATE) failed to extend gains with the stock declining -1.62% or $-0.31 to close the day at $18.78 on active trading volume of 4.12M shares, compared to its three month average trading volume of 3.79M. The New York New York 10016 based company has been outperforming the textile – apparel clothing group over the past 52 weeks, with the stock gaining 16.79%, compared to the industry which has dropped -14.87% over the same period. With RSI of 59.64, the stock should still continue to rise and get closer to its one year target estimate of $19.87, making it a hold for now.

Kate Spade & Company, together with its subsidiaries, designs and markets apparel and accessories. The company operates in three segments: KATE SPADE North America, KATE SPADE International, and Adelington Design Group. It offers briefcases, handbags, small leather goods, fashion accessories, jewelry, fragrances, and apparel for men, women, and children; and licensed products, including footwear, swimwear, watches, children’s wear, optics, tabletop products, legwear, electronics cases, furniture, bedding, and stationery. The company markets and sells its products under the AXCESS, KATE SPADE SATURDAY, JACK SPADE, MARVELLA, KATE SPADE, MONET, kate spade new York, and TRIFARI brand names. It also designs, develops, and supplies jewelry for the LIZ CLAIBORNE and MONET brands; licenses LIZ CLAIBORNE NEW YORK and LIZWEAR brands. The company sells its products through wholly-owned specialty retail and outlet stores, specialty retail and upscale department stores, and concession stores and upscale wholesale accounts; and a network of distributors, as well as e-commerce Websites. As of January 2, 2016, it had 104 specialty retail stores and 64 outlet stores in the United States; and 22 specialty retail stores and 13 outlet stores internationally, as well as 54 concessions. The company was formerly known as Fifth & Pacific Companies, Inc. and changed its name to Kate Spade & Company in February 2014. Kate Spade & Company was founded in 1976 and is based in New York, New York.

CONSOL Energy Inc. (CNX) fell -0.12% during last trading as the stock lost $-0.02 to finish the day at $17 with about 4.12M shares changing hands, compared to its three month average trading volume of 3.56M. The $3.97B market cap company, which fluctuated between $16.88 and $17.21 during the day, currently situated 152.98% above its 52 week low of $7.14 and -23.9% away from its one year high of $22.34. The RSI of 37.1 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

CONSOL Energy Inc., together with its subsidiaries, operates as an integrated energy company in the United States and internationally. The company primarily operates through two divisions, Exploration and Production (E&P), and Pennsylvania (PA) Mining Operations. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 413,000 net Marcellus Shale acres; and 683,000 net acres of Utica Shale, as well as owns rights to extract coalbed methane (CBM) in Virginia from approximately 268,000 net CBM acres, which cover a portion of its coal reserves in Central Appalachia. It also owns rights to extract natural gas from shallow oil and gas positions in Illinois, Indiana, Kentucky, Pennsylvania, West Virginia, Virginia, and New York from approximately 766,000 net acres; 95,000 net acres of Chattanooga Shale; and 503,000 net acres of Huron Shale potential in Kentucky, West Virginia, and Virginia, as well as provides midstream gas services. The PA Mining Operations division engages in mining, preparation, and marketing of thermal coal primarily to power generators; and metallurgical coal. The company also provides energy services, including coal terminal services, water services, and land resource management services. CONSOL Energy Inc. was founded in 1864 and is headquartered in Canonsburg, Pennsylvania.

Calpine Corporation (CPN) saw its value increase by 0.52% as the stock gained $0.06 to finish the day at a closing price of $11.71. The stock was lighter in trading and has fluctuated between $10.39-$16.07 per share for the past year. The shares, which traded within a range of $11.61 to $11.83 during the day, are up by 4.55% in the past three months and down by -8.01% over the past six months. It is currently trading -0.06% below its 20 day moving average and 1.19% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15.13 a share over the next twelve months. The current relative strength index (RSI) reading is 51.65. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers. As of February 1, 2017, it owned and operated 80 power plants, including 1 under construction with an aggregate generation capacity of 25,908 megawatts and 828 megawatts under construction. The company was founded in 1984 and is based in Houston, Texas.

 

Three Movers to Watch for: Kohl’s Corporation (KSS), Allegheny Technologies Incorporated (ATI), Synergy Pharmaceuticals Inc. (SGYP)

Kohl’s Corporation (KSS) retreated with the stock falling -1.67% or $-0.7 to close at $41.34 on light trading volume of 3.16M compared its three months average trading volume of 4.65M. The Menomonee Falls Wisconsin 53051 based company operating under the Department Stores industry has been trending up for the last 52 weeks, with the shares price now 5.89% up for the period and down by -16.28% so far this year. With price target of $46.7 and a 26.25% rebound from 52-week low, Kohl’s Corporation has plenty of upside potential, making it a hold with a view buy.

Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The company also sells its products online through Website Kohls.com. As of January 30, 2016, it operated 1,164 department stores in 49 states. Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin.

Allegheny Technologies Incorporated (ATI) gained $0.77 to close the day at a new closing price of $21.8, a 3.66% increase in value from its previous closing price that moved the stock 142.16% above its 52 week low of $9.61. A total of 3.16M shares exchanged hands during the day compared with its three month average trading volume of 2.85M. The stock, which fluctuated between $21.33 and $21.98 during the day, currently situated -7.98% below its 52 week high. The stock is up by 33.17% in the past one month and up by 30.85% over the past three months. With a one year target estimate of $0 and RSI of 65.84, the stock still has upside potential, making it a hold for now.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials & Components; and Flat-Rolled Products. The High Performance Materials & Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and superalloys; zirconium and related alloys, such as hafnium and niobium, advanced powder alloys, and other specialty materials, in long product forms of ingots, billets, bars, rods, wires, shapes and rectangles, and seamless tubes, plus precision forgings, castings, components, and machined parts. This segment serves aerospace and defense, oil and gas/chemical, hydrocarbon processing, electrical energy, and medical markets. The Flat-Rolled Products segment produces, converts, and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various forms, including plate, sheet, engineered strip, and Precision Rolled Strip products, as well as grain-oriented electrical steel. This segment serves oil and gas/chemical and hydrocarbon processing industry, electrical energy, automotive, food processing equipment and appliances, construction and mining, electronics, communication equipment and computers, and aerospace and defense markets. The company sells its products through direct sales and independent representatives. Allegheny Technologies Incorporated was founded in 1960 and is headquartered in Pittsburgh, Pennsylvania.

Synergy Pharmaceuticals Inc. (SGYP) shares were up in last trading by 0.16% to $6.18. It experienced lighter than average volume on day. The stock decreased in value by almost -2.83% over the past week and fell -7.35% in the past month. It is currently trading 4.99% above its 50 day moving average and 28.5% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -13.57% decrease in value from its one year high of $7.15. The RSI indicator value of 51.87, lead us to believe that it is a hold for now.

Synergy Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development of drugs to treat gastrointestinal (GI) disorders and diseases. Its lead product candidate is plecanatide, a guanylyl cyclase C receptor agonist that is in Phase III clinical trials to treat chronic idiopathic constipation GI disorders; and for the treatment of constipation-predominant irritable bowel syndrome GI disorders. The company is also developing SP-333, which is in Phase II clinical trials to treat opioid induced constipation, as well as in Phase Ib clinical trials to treat ulcerative colitis. The company has a research collaboration with BIND Therapeutics, Inc. to develop ACCURINS for treatment of a range of cells with novel therapeutic payloads. Synergy Pharmaceuticals Inc. is headquartered in New York, New York.

 

3 Notable Runners: PulteGroup, Inc. (PHM), Louisiana-Pacific Corporation (LPX), GoPro, Inc. (GPRO)

PulteGroup, Inc. (PHM) failed to extend gains with the stock declining -0.46% or $-0.1 to close the day at $21.52 on lower than average trading volume of 3.12M shares, compared to its three month average trading volume of 5.36M. The Atlanta Georgia 30326 based company has been outperforming the residential construction companies by 15.5753% for last three months and its recent gains have pushed the stock slightly up 17.08% YTD, versus the residential construction industry which is up 8.31% for the same period. The RSI of 68.89 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

PulteGroup, Inc., through its subsidiaries, engages primarily in the homebuilding business in the United States. The company is involved in the acquisition and development of land primarily for residential purposes; and the construction of housing on such land. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods names. As of December 31, 2016, the company controlled 99,279 owned lots and 43,979 lots under land option agreements. It also arranges financing through the origination of mortgage loans, principally for homebuyers; sells the servicing rights for the originated loans; and provides title insurance policies, and examination and closing services to homebuyers. The company was formerly known as Pulte Homes, Inc. and changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1950 and is headquartered in Atlanta, Georgia.

Louisiana-Pacific Corporation (LPX) had a active trading with around 3.09M shares changing hands compared to its three month average trading volume of 1.51M. The stock traded between $23.21 and $23.73 before closing at the price of $23.25 with -0.51% change on the day. The Nashville Tennessee 37219 based company is currently trading 74.68% above its 52 week low of $13.89 and -0.81% below its 52 week high of $23.73. Both the RSI indicator and target price of 75.95 and $22.07 respectively, lead us to believe that it could drop over the coming weeks.

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and sells building products primarily for use in new home construction, repair and remodeling, and outdoor structures, as well as light industrial and commercial construction. It operates in four segments: North America Oriented Strand Board; Siding; Engineered Wood Products; and South America. The company offers structural panel products comprising plywood, including roof decking, sidewall sheathing, and floor underlayment; SmartSide siding products and related accessories, such as wood-based sidings, trim, soffit, and fascia; and CanExel siding and accessory products, including pre-finished lap and trim products. It also provides laminated veneer lumber, I-joists, laminated strand lumber, and other related products for residential and commercial flooring, roofing systems, headers and beams, and other structural applications; and timber and timberlands, and other products and services. The company sells its products to retail home centers, manufactured housing producers, distributors, and wholesalers primarily in North America and South America, as well as in Asia, Australia, and Europe. Louisiana-Pacific Corporation was founded in 1972 and is headquartered in Nashville, Tennessee.

GoPro, Inc. (GPRO) traded within a range of $8.93 to $9.09 after opening the day at $8.98. The company has seen its stock increase in value by 3.9% so far this year. The stock was up close to 1.69% on light volume in last trading session and closed at $9.05 per share. After the recent gain, the stock is currently holding -48.81% below its 52 week high of $17.68 and 5.97% above its 12-month low of $8.54. The shares are down by over -11.36% in the last three months, and the RSI indicator value of 43.74 is neither bullish nor bearish, tempting investors to stay on the sidelines.

GoPro, Inc. develops and sells mountable and wearable cameras, and accessories in the United States and internationally. The company offers HERO line of capture devices, such as cameras; and mounts comprising equipment-based mounts consisting of helmet, handlebar, roll bar, and grip and tripod mounts that enable consumers to capture content while engaged in a range of activities, as well as mounts that enable customers to wear the mount on their bodies, such as wrist housings, chest harnesses, and head straps. It also provides LCD Touch BacPac, Battery BacPac, Smart Remote, and Floaty Backdoor accessories, as well as spare batteries, charging accessories, cables to connect its GoPro cameras to television monitors, video transmitters and external microphones, flotation devices, dive filters, and anti-fogging solutions. In addition, the company offers GoPro Studio, a video editing tool that allows users to create professional quality videos from their content; and GoPro App that allows users to control GoPro cameras remotely using a smartphone or tablet. GoPro, Inc. markets and sells its products through retailers and distributors, as well as through its Website. The company was formerly known as Woodman Labs, Inc. and changed its name to GoPro, Inc. in February 2014. GoPro, Inc. was founded in 2004 and is headquartered in San Mateo, California.

 

3 Notable Runners: Sage Therapeutics, Inc. (SAGE), Cynosure, Inc. (CYNO), People’s United Financial, Inc. (PBCT)

Sage Therapeutics, Inc. (SAGE) managed to rebound with the stock climbing 11.75% or $5.57 to close the day at $52.99 on lower than average trading volume of 2.44M shares, compared to its three month average trading volume of 491.74K. The  based company has been outperforming the biotechnology companies by 3.1422% for last three months and its recent gains have pushed the stock slightly up 3.78% YTD, versus the biotechnology industry which is down -2.82% for the same period. The RSI of 63.07 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Sage Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops and commercializes novel medicines to treat central nervous system disorders. The company’s lead product candidate includes SAGE-547, a proprietary intravenous formulation of allopregnanolone that is in Phase III clinical development as an adjunctive therapy for the treatment of super-refractory status epilepticus (SRSE). It is also conducting an additional Phase II exploratory trial of SAGE-547 in the treatment of severe post-partum depression (PPD). In addition, its pipeline includes next-generation product candidates, such as SAGE-217, a novel neuroactive steroid, which is in Phase I clinical trial for the treatment of orphan epilepsies and essential tremor, as well as for PPD; and SAGE-689, an acute adjunctive IV therapy for the treatment of indications where a high degree of anti-seizure activity and sedation are desirable prior to the introduction of general anesthesia. The company was formerly known as Sterogen Biopharma, Inc. and changed its name to Sage Therapeutics, Inc. in September 2011. Sage Therapeutics, Inc. was founded in 2010 and is headquartered in Cambridge, Massachusetts.

Cynosure, Inc. (CYNO) had a light trading with around 2.43M shares changing hands compared to its three month average trading volume of 648.92K. The stock traded between $49.25 and $52.9 before closing at the price of $51.5 with -6.45% change on the day. The Westford Massachusetts 01886 based company is currently trading 49.41% above its 52 week low of $34.47 and -7.94% below its 52 week high of $55.94. Both the RSI indicator and target price of 55.59 and $59.13 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cynosure, Inc. develops, manufactures, and markets aesthetic treatment systems for plastic surgeons, dermatologists, and other medical practitioners. The company’s aesthetic treatment systems utilize a range of energy sources, including Alexandrite, diode, Nd: YAG, pulse dye, Q-switched lasers, intense pulsed light, and radiofrequency (RF) technology. It offers Elite product line for hair removal, and treatment of facial and leg veins and pigmentations; SmartLipo product line for LaserBodySculpting for the removal of unwanted fat; Cellulaze product line for the treatment of cellulite; Cynergy product line for the treatment of vascular lesions; MedLite C6 and RevLite product lines for the removal of benign pigmented lesions, as well as multi-colored tattoos; and PicoSure product line for the treatment of tattoos, benign pigmented lesions, acne scars, fine lines, and wrinkles. The company also provides Icon aesthetic system for hair removal, wrinkle reduction, and scar and stretch mark treatment; Vectus diode laser for high volume hair removal; SculpSure hyperthermic laser treatment for LaserBodySculpting for non-invasive fat reduction; and MonaLisa Touch laser for gynecologic health. In addition, it markets radiofrequency energy sourced medical devices for precision surgical applications, such as facial plastic and general surgery, gynecology, ear, nose, and throat procedures, ophthalmology, oral and maxillofacial surgery, podiatry, and proctology. The company sells its products through a direct sales force in the United States, Canada, France, Morocco, Germany, Spain, the United Kingdom, Australia, China, Japan, and South Korea, as well as through independent distributors in approximately 120 countries. Cynosure, Inc. was founded in 1991 and is headquartered in Westford, Massachusetts.

People’s United Financial, Inc. (PBCT) traded within a range of $18.81 to $18.98 after opening the day at $18.85. The company has seen its stock decrease in value by -1.71% so far this year. The stock was up close to 0.64% on light volume in last trading session and closed at $18.86 per share. After the recent gain, the stock is currently holding -5.46% below its 52 week high of $20.13 and 43.45% above its 12-month low of $13.8. The shares are up by over 6.08% in the last three months, and the RSI indicator value of 49.64 is neither bullish nor bearish, tempting investors to stay on the sidelines.

People’s United Financial, Inc. operates as the bank holding company for People’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 396 branches and 594 ATMs in Connecticut, southeastern New York, Massachusetts, Vermont, New Hampshire, and Maine. People’s United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.

 

Trader Alert: MeetMe, Inc. (MEET), Computer Sciences Corporation (CSC), Exact Sciences Corporation (EXAS)

MeetMe, Inc. (MEET) retreated with the stock falling -2.94% or $-0.14 to close at $4.62 on active trading volume of 2.19M compared its three months average trading volume of 1.38M. The New Hope Pennsylvania 18938 based company operating under the Internet Information Providers industry has been trending up for the last 52 weeks, with the shares price now 71.75% up for the period and down by -6.29% so far this year. With price target of $9.06 and a 79.77% rebound from 52-week low, MeetMe, Inc. has plenty of upside potential, making it a hold with a view buy.

MeetMe, Inc. owns and operates a social network for meeting new people on the Web and on mobile platforms in the United States. The company operates MeetMe mobile applications and meetme.com, which provide users with access to a multilingual menu of resources that promote social interaction, information sharing, and other topics of interest. It also offers online marketing capabilities, which enable marketers to display their advertisements in various formats and in various locations. The company was formerly known as Quepasa Corporation and changed its name to MeetMe, Inc. in June 2012. MeetMe, Inc. was founded in 1997 and is headquartered in New Hope, Pennsylvania.

Computer Sciences Corporation (CSC) dropped $-0.43 to close the day at a new closing price of $70.39, a -0.61% decrease in value from its previous closing price that moved the stock 166.45% above its 52 week low of $26.91. A total of 2.19M shares exchanged hands during the day compared with its three month average trading volume of 1.8M. The stock, which fluctuated between $70.29 and $71.44 during the day, currently situated -1.95% below its 52 week high. The stock is up by 16.08% in the past one month and up by 19.59% over the past three months. With a one year target estimate of $70.33 and RSI of 71.73, the stock still has upside potential, making it a sell for now.

Computer Sciences Corporation, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software. This segment also provides applications services, which optimize and modernize clients’ business and technical environments that enable clients to capitalize on emerging services, such as cloud, mobility, and big data within new commercial models, including the ‘as a Service’ and digital economies; consulting services, which help organizations innovate, transform, and create sustainable competitive advantage; and vertically aligned software solutions and process-based intellectual property power mission-critical transaction engines in insurance, banking, healthcare and life sciences, manufacturing, and other diversified industries. The GIS segment offers managed and virtual desktop, unified communications and collaboration, data center management, cyber security, and compute and managed storage solutions to commercial clients. This segment also provides next-generation cloud offerings consisting of Infrastructure as a Service, private cloud solutions, CloudMail, and Storage as a Service. The company has a strategic partnership with HCL Technologies to create an applications modernization delivery network. Computer Sciences Corporation was founded in 1959 and is headquartered in Tysons, Virginia.

Exact Sciences Corporation (EXAS) shares were up in last trading by 0.43% to $18.63. It experienced lighter than average volume on day. The stock decreased in value by almost -1.32% over the past week and fell -2.31% in the past month. It is currently trading 15.21% above its 50 day moving average and 24.71% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -18.29% decrease in value from its one year high of $22.8. The RSI indicator value of 60.06, lead us to believe that it is a hold for now.

Exact Sciences Corporation, a molecular diagnostics company, focuses on developing products for the early detection and prevention of various cancers. The company develops the Cologuard, a non-invasive stool-based DNA screening test for the early detection of colorectal cancer and pre-cancer. Its Cologuard test includes a protein marker to detect blood in the stool, utilizing an antibody-based fecal immunochemical test. The company has a collaboration, license, and purchase agreement with Genzyme Corporation, as well as with MAYO Foundation for Medical Education and Research for developing tests to detect lung, pancreatic, and esophageal cancers. Exact Sciences Corporation was founded in 1995 and is headquartered in Madison, Wisconsin.

 

Stock’s Trend Analysis Report: SunPower Corporation (SPWR), Aramark (ARMK), Conduent Incorporated (CNDT)

SunPower Corporation (SPWR) fell -0.28% during last trading as the stock lost $-0.02 to finish the day at $7.14 with about 2.09M shares changing hands, compared to its three month average trading volume of 2.66M. The $962.11M market cap company, which fluctuated between $7.03 and $7.26 during the day, currently situated 19% above its 52 week low of $6 and -71.77% away from its one year high of $25.29. The RSI of 53.92 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

SunPower Corporation designs, manufactures, and delivers solar systems to residential, commercial, and power plant customers worldwide. It operates through three segments: Residential, Commercial, and Power Plant. The company provides solar power components, including panels and other system components. It also offers commercial rooftop and ground-mounted solar power systems, residential mounting systems, and power plant systems, as well as utility-scale photovoltaic power plants. In addition, the company offers operations and maintenance services, including remote monitoring, and preventative and corrective maintenance services, as well as rapid-response outage restoration services. Further, it leases solar power systems to residential customers; and sells inverters manufactured by third parties. The company serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. SunPower Corporation also sells its products to dealers, systems integrators, and distributors. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Energies Nouvelles Activités USA.

Aramark (ARMK) dropped $-0.22 to close the day at a new closing price of $35.29, a -0.62% decrease in value from its previous closing price that moved the stock 21.95% above its 52 week low of $29.82. A total of 2.09M shares exchanged hands during the day compared with its three month average trading volume of 2.17M. The stock, which fluctuated between $35.24 and $35.8 during the day, currently situated -7.59% below its 52 week high. The stock is up by 4.59% in the past one month and down by -2.63% over the past three months. With a one year target estimate of $40.11 and RSI of 58.91, the stock still has upside potential, making it a hold for now.

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. It offers managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. The company also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and supply chain management, purchasing, and central transportation. In addition, it offers on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising housekeeping, plant operations and maintenance, energy management, laundry and linen, grounds keeping, landscaping, transportation, capital program management and commissioning, and other facility consulting services. Further, the company provides facility and business support services for mining and oil operations; and concessions, banquet and catering, retail and merchandise sales, recreational and lodging, and facility management services for sports, entertainment, and recreational facilities. Additionally, it offers correctional food, and food and facilities management services for parks; and operates commissaries, laundry facilities, and property rooms. It also rents, sells, cleans, maintains, and delivers uniform and career apparel, and other textile items; and provides other garments and work clothes, as well as ancillary items. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

Conduent Incorporated (CNDT) had a light trading with around 2.09M shares changing hands compared to its three month average trading volume of 4.65M. The stock traded between $14.44 and $14.73 before closing at the price of $14.72 with 1.1% change on the day. The Norwalk Connecticut 06856 based company is currently trading 12.37% above its 52 week low of $13.1 and -9.47% below its 52 week high of $16.26. Both the RSI indicator and target price of 49.7 and $15 respectively, lead us to believe that it should be put on hold over the coming weeks.

Conduent Incorporated provides business process services for healthcare, public sector, and commercial industries in the United States. It offers payment integrity, support, member engagement, health risk assessment, claims processing, mailroom, and outbound printing services to healthcare payers; care and quality analytics and software adoption services to hospitals, doctors, and other healthcare providers, including large healthcare systems; medicaid management fiscal agent, pharmacy benefits management, and clinical program management to medicaid programs and federally-funded U.S. government healthcare programs; and inside sales for drug detailing, clinical trial recruitment, patient access and medication adherence, and compliance solutions for pharmaceutical and life science companies. The company also provides support for electronic toll collection, public transit, parking, photo enforcement, and commercial vehicle operations; and support for government benefit programs, such as child support, electronic benefits, eligibility and payment cards, unclaimed property, and others. In addition, it offers customer care, human resource management, and finance and accounting services; industry-specific services comprising personalized product information for clients in the automotive industry; digitized source-to-pay solutions for clients in the manufacturing industry; customer experience and marketing services for clients in the retail industry; mortgage and consumer loan processing for clients in the financial services industry; and customized workforce learning solutions for clients in the aerospace industry. Further, the company engages in the government health enterprise medicaid platform business that implements and maintains systems for health enterprise clients. Conduent Incorporated was founded in 2016 and is based in Basking Ridge, New Jersey. Conduent Incorporated is a subsidiary of Xerox Corporation.

 

Stocks Trending Alert: Zendesk, Inc. (ZEN), Palatin Technologies, Inc. (PTN), MFA Financial, Inc. (MFA)

Zendesk, Inc. (ZEN) saw its value decrease by -0.83% as the stock dropped $-0.23 to finish the day at a closing price of $27.43. The stock was higher in trading and has fluctuated between $15.09-$31.88 per share for the past year. The shares, which traded within a range of $27.39 to $28.24 during the day, are up by 14.77% in the past three months and down by -9.98% over the past six months. It is currently trading 12% above its 20 day moving average and 19.3% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $30.87 a share over the next twelve months. The current relative strength index (RSI) reading is 68.53.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Zendesk, Inc., a software development company, provides software as a service customer service platform for organizations. It provides single customer service interface to organizations to manage all their one-on-one customer interactions; track and predict common questions; and provide a seamless path to answers. The company’s platform also enables organizations to gather customer data and engage with customers based on the insights the data provides; and offers tools for organizations to understand their customers and track the efficiency and effectiveness of their customer service. It also provides live chat software that enables the organizations to communicate in real-time with their customers through online chat; and analytics software, which enable organizations to analyze and visualize data from a diverse set of applications. The company operates in 150 countries and territories, and provides service through customer service platform in approximately 40 languages. Zendesk, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Palatin Technologies, Inc. (PTN) shares were down in last trading by -2.88% to $0.4. It experienced lighter than average volume on day. The stock decreased in value by almost -7.01% over the past week and fell -11.59% in the past month. It is currently trading -19.73% below its 50 day moving average and -25.46% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -55.7% decrease in value from its one year high of $0.898. The RSI indicator value of 40.34, lead us to believe that it is a hold for now.

Palatin Technologies, Inc., a biopharmaceutical company, develops targeted, receptor-specific peptide therapeutics for the treatment of various diseases in the United States. The company’s principal product is Bremelanotide, an as needed subcutaneous injectable peptide melanocortin receptor agonist, which is in the Phase III clinical studies for the treatment of premenopausal women with hypoactive sexual desire disorder (HSDD). Its drug development programs also include Melanocortin receptor-4 (MC4r) peptides and small molecule agonists that are under the preclinical trials for the treatment of conditions responsive to MC4r activation, including female sexual dysfunction, HSDD, erectile dysfunction, obesity, and diabetes; and Melanocortin receptor-1 peptide agonists, which are under preclinical studies for the treatment of inflammatory and dermatologic disease indications, as well as other Melanocortin receptors. In addition, the company is involved in the development of natriuretic peptide receptor-specific programs, including PL-3994, a natriuretic peptide receptor-A, which is in Phase II clinical studies for treatment of heart failure, acute exacerbations of asthma, and refractory hypertension. Palatin Technologies, Inc. was founded in 1986 and is based in Cranbury, New Jersey.

MFA Financial, Inc. (MFA) traded within a range of $8.02 to $8.1 after opening the day at $8.09. The company has seen its stock increase in value by 5.24% so far this year. The stock was down close to -0.37% on light volume in last trading session and closed at $8.03 per share. After the recent fall, the stock is currently holding -0.74% below its 52 week high of $8.1 and 41.53% above its 12-month low of $6.17. The shares are up by over 10.61% in the last three months, and the RSI indicator value of 60.52 is neither bullish nor bearish, tempting investors to stay on the sidelines.

MFA Financial, Inc. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage assets, including agency and non-agency mortgage-backed securities (MBS), and residential whole loans, and credit risk transfer securities. Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15-year and longer term fixed-rate mortgages, as well as by mortgages that have interest rates that reset more frequently. The company has elected to be taxed as a REIT for the U.S. federal income tax purposes and would not be subject to income taxes, if it distributes at least 90% of its taxable income to its stockholders. MFA Financial, Inc. was founded in 1997 and is headquartered in New York, New York.

 

Trader’s Round Up: Rex Energy Corporation (REXX), Voya Financial, Inc. (VOYA), Navient Corporation (NAVI)

Rex Energy Corporation (REXX) grew with the stock adding 11.29% or $0.07 to close at $0.69 on light trading volume of 1.84M compared its three months average trading volume of 2.91M. The State College Pennsylvania 16801 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 9.52% up for the period and up by 46.81% so far this year. With price target of $0 and a 200% rebound from 52-week low, Rex Energy Corporation has plenty of upside potential, making it a hold with a view buy.

Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, as well as on developmental oil drilling on its properties in the Illinois Basins. As of December 31, 2015, it had estimated proved reserves of 680.4 billion cubic feet equivalent; and owned interests in approximately 1,819 oil and natural gas wells. Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania.

Voya Financial, Inc. (VOYA) gained $0.93 to close the day at a new closing price of $41, a 2.32% increase in value from its previous closing price that moved the stock 80.33% above its 52 week low of $22.75. A total of 1.84M shares exchanged hands during the day compared with its three month average trading volume of 1.72M. The stock, which fluctuated between $40.3 and $41.18 during the day, currently situated -1.39% below its 52 week high. The stock is up by 2.73% in the past one month and up by 14.62% over the past three months. With a one year target estimate of $46.23 and RSI of 55.14, the stock still has upside potential, making it a hold for now.

Voya Financial, Inc. operates as a retirement, investment, and insurance company in the United States. It operates through five segments: Retirement, Annuities, Investment Management, Individual Life, and Employee Benefits. The Retirement segment offers tax-deferred employer-sponsored retirement savings plans and administrative services in corporate, education, healthcare, and other non-profit and government entities; and rollover individual retirement accounts and other retail financial products, as well as financial advisory services to individual customers. This segment sells its products to small companies, corporations, and government entities directly, as well as through third-party administrators, wirehouse affiliated brokers, registered investment advisors, independent sales agents, and consulting firms. The Annuities segment provides fixed and indexed annuities, tax-qualified mutual fund custodial products, and other investment-only products and payout annuities for pre-retirement wealth accumulation and post-retirement income management through independent marketing organizations, independent and affiliated broker-dealers, banks, independent insurance agents, and pension professionals. The Investment Management segment offers fixed income, equity, multi-asset, and alternative products and solutions to individual and institutional customers directly, as well as through consultant channel, banks, broker-dealers, and independent financial advisers. The Individual Life segment provides wealth protection and transfer opportunities through universal, variable, and term life products. The Employee Benefits segment offers stop loss, group life, voluntary employee-paid, and disability products through brokers, consultants, third-party administrators, and private exchanges. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was incorporated in 1999 and is based in New York, New York.

Navient Corporation (NAVI) shares were up in last trading by 0.51% to $15.66. It experienced lighter than average volume on day. The stock increased in value by almost 1.16% over the past week and fell -5.38% in the past month. It is currently trading -3.76% below its 50 day moving average and 9.68% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -11.94% decrease in value from its one year high of $17.95. The RSI indicator value of 49.05, lead us to believe that it is a hold for now.

Navient Corporation provides financial products and services in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services. It holds the portfolio of education loans insured or guaranteed under the FFELP, as well as the portfolio of private education loans. The company also provides asset recovery services for loans and receivables on behalf of guarantors of FFELP loans, and higher education institutions, as well as federal, state, court, and municipal clients; and business processing services on behalf of municipalities, public authorities, and hospitals. Navient Corporation is headquartered in Wilmington, Delaware.