Stocks Highlights: Cerulean Pharma Inc. (CERU), Synergy Pharmaceuticals Inc. (SGYP), Ascena Retail Group, Inc. (ASNA)

Cerulean Pharma Inc. (CERU) had a active trading with around 3.19M shares changing hands compared to its three month average trading volume of 1.2M. The stock traded between $1.37 and $1.59 before closing at the price of $1.44 with -6.49% change on the day. The Waltham Massachusetts 02451 based company is currently trading 128.46% above its 52 week low of $0.63 and -66.74% below its 52 week high of $4.33. Both the RSI indicator and target price of 69.82 and $5.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

Cerulean Pharma Inc., a clinical-stage company, develops nanotechnology-based therapeutics in the areas of oncology and other diseases in the United States. The company’s lead product candidate is CRLX101, a tumor targeted nanoparticle-drug conjugate (NDC), which is in Phase 2 clinical development in patients with renal cell carcinoma; and in Phase 2 and Phase 1b clinical development in patients with ovarian cancer. It is also developing CRLX301, a platform-generated NDC clinical candidate, which is in Phase 1/2a clinical trials. The company has a strategic collaboration with Novartis to develop nanoparticle-drug conjugates for various cancer tumor targets. The company was formerly known as Tempo Pharmaceuticals, Inc. and changed its name to Cerulean Pharma Inc. in October 2008. Cerulean Pharma Inc. was incorporated in 2005 and is based in Waltham, Massachusetts.

Synergy Pharmaceuticals Inc. (SGYP) continued its upward trend with the stock climbing 1.94% or $0.12 to close the day at $6.3 on light trading volume of 3.15M shares, compared to its three month average trading volume of 6.14M. The New York New York 10170 based company has been outperforming the drug manufacturers – other group over the past 52 weeks, with the stock gaining 68%, compared to the industry which has dropped -27.58% over the same period. With RSI of 54.67, the stock should still continue to rise and get closer to its one year target estimate of $11.5, making it 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.

Ascena Retail Group, Inc. (ASNA) shares were up in last trading by 5.87% to $5.41. It experienced lighter than average volume on day. The stock increased in value by almost 11.55% over the past week and fell -0.18% in the past month. It is currently trading -9.45% below its 50 day moving average and -19.49% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -51.95% decrease in value from its one year high of $11.26. The RSI indicator value of 51.24, lead us to believe that it is a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

 

Stocks in Review: Ascena Retail Group, Inc. (ASNA), Century Aluminum Company (CENX), Popeyes Louisiana Kitchen, Inc. (PLKI)

Ascena Retail Group, Inc. (ASNA) traded within a range of $5.06 to $5.29 after opening the day at $5.27. The company has seen its stock decrease in value by -17.45% so far this year. The stock was down close to -2.29% on light volume in last trading session and closed at $5.11 per share. After the recent fall, the stock is currently holding -54.62% below its 52 week high of $11.26 and 15.09% above its 12-month low of $4.44. The shares are down by over -11.9% in the last three months, and the RSI indicator value of 42.14 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Century Aluminum Company (CENX) continued its upward trend with the stock climbing 0.82% or $0.13 to close the day at $15.93 on light trading volume of 2.38M shares, compared to its three month average trading volume of 2.61M. The Chicago Illinois 60606 based company has been outperforming the aluminum group over the past 52 weeks, with the stock gaining 253.22%, compared to the industry which has advanced 39.39% over the same period. With RSI of 73.6, the stock should still continue to rise and get closer to its one year target estimate of $10.2, making it a hold for now.

Century Aluminum Company, together with its subsidiaries, produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The company was founded in 1995 and is headquartered in Chicago, Illinois.

Popeyes Louisiana Kitchen, Inc. (PLKI) gained $4.78 to close the day at a new closing price of $70.82, a 7.24% increase in value from its previous closing price that moved the stock 44.21% above its 52 week low of $49.11. A total of 2.37M shares exchanged hands during the day compared with its three month average trading volume of 135.30K. The stock, which fluctuated between $65.08 and $75.74 during the day, currently situated 7.21% above its 52 week high. The stock is up by 14.19% in the past one month and up by 16.92% over the past three months. With a one year target estimate of $63.67 and RSI of 80.55, the stock still has upside potential, making it a sell for now.

Popeyes Louisiana Kitchen, Inc. develops, operates, and franchises quick-service restaurants under the trade names of Popeyes Louisiana Kitchen and Popeyes Chicken & Biscuits. The company operates in two segments, Franchise Operations and Company-Operated Restaurants. As of October 11, 2016, it operated and franchised 2,594 restaurants in the United Sates, the District of Columbia, Guam, Puerto Rico, the Cayman Islands, and 26 international countries. The company was formerly known as AFC Enterprises, Inc. and changed its name to Popeyes Louisiana Kitchen, Inc. in January 2014. Popeyes Louisiana Kitchen, Inc. was founded in 1972 and is headquartered in Atlanta, Georgia.

 

Three Movers to Watch for: Finisar Corporation (FNSR), Ascena Retail Group, Inc. (ASNA), The Wendy’s Company (WEN)

Finisar Corporation (FNSR) grew with the stock adding 2.89% or $0.91 to close at $32.43 on active trading volume of 2.99M compared its three months average trading volume of 2.43M. The Sunnyvale California 94089 based company operating under the Networking & Communication Devices industry has been trending up for the last 52 weeks, with the shares price now 151.98% up for the period and up by 7.14% so far this year. With price target of $42.2 and a 166.04% rebound from 52-week low, Finisar Corporation has plenty of upside potential, making it a hold with a view buy.

Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. Its optical subsystems primarily consist of transmitters, receivers, transceivers, transponders, and active optical cables that provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in communication networks, including the switches, routers, and servers used in wireline networks, as well as the antennas and base stations used in wireless networks. The company also offers wavelength selective switches, which are used to switch network traffic from one optical fiber to multiple other fibers without converting to an electronic signal. In addition, it provides optical components comprising packaged lasers, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. Finisar Corporation markets its products through its direct sales force, as well as through a network of distributors and manufacturers’ representatives to the original equipment manufacturers of storage systems, networking equipment, and telecommunication equipment, as well as to their contract manufacturers. Finisar Corporation was founded in 1987 and is headquartered in Sunnyvale, California.

Ascena Retail Group, Inc. (ASNA) gained $0.19 to close the day at a new closing price of $5.1, a 3.87% increase in value from its previous closing price that moved the stock 14.86% above its 52 week low of $4.44. A total of 2.98M shares exchanged hands during the day compared with its three month average trading volume of 4.62M. The stock, which fluctuated between $4.82 and $5.19 during the day, currently situated -54.71% below its 52 week high. The stock is down by -5.73% in the past one month and down by -1.54% over the past three months. With a one year target estimate of $6.5 and RSI of 40.44, the stock still has upside potential, making it a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

The Wendy’s Company (WEN) shares were up in last trading by 1.86% to $14.22. It experienced lighter than average volume on day. The stock increased in value by almost 4.41% over the past week and grew 5.33% in the past month. It is currently trading 4.87% above its 50 day moving average and 27.55% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 0.92% increase in value from its one year high of $14.31. The RSI indicator value of 65, lead us to believe that it is a hold for now.

The Wendy’s Company, through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide. It is involved in operating, developing, and franchising a system of quick-service restaurants. The company’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kids’ meals. As of November 9, 2016, its restaurant system included approximately 6,500 franchise and company-operated restaurants. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

 

Three Movers to Watch for: Hornbeck Offshore Services, Inc. (HOS), Dynegy Inc. (DYN), Ascena Retail Group, Inc. (ASNA)

Hornbeck Offshore Services, Inc. (HOS) retreated with the stock falling -13.05% or $-0.98 to close at $6.53 on active trading volume of 2.64M compared its three months average trading volume of 1.11M. The Covington Louisiana 70433 based company operating under the Oil & Gas Equipment & Services industry has been trending down for the last 52 weeks, with the shares price now -7.77% down for the period and down by -9.56% so far this year. With price target of $7.75 and a 117.67% rebound from 52-week low, Hornbeck Offshore Services, Inc. has plenty of upside potential, making it a hold with a view buy.

Hornbeck Offshore Services, Inc., together with its subsidiaries, provides marine transportation, subsea installation, and accommodation support services to exploration and production, oilfield service, offshore construction, and the U.S. military customers. It operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-based facility to provide logistics support and specialty services to the offshore oil and gas exploration and production industry in the U.S. Gulf of Mexico, Latin America, and internationally. Its fleet of U.S.-flagged OSVs and MPSVs support deep-well, deepwater, and ultra-deepwater activities of the offshore oil and gas industry, such as exploration, field development, production, construction, installation, inspection, repair, maintenance, well-stimulation, and other enhanced oil recovery. The company also provides vessel management services, such as crewing, daily operational management, and maintenance activities for other vessels owners. As of December 31, 2015, it owned and operated 62 OSVs and 6 MPSVs. Hornbeck Offshore Services, Inc. was founded in 1997 and is headquartered in Covington, Louisiana.

Dynegy Inc. (DYN) dropped $-0.12 to close the day at a new closing price of $8.7, a -1.36% decrease in value from its previous closing price that moved the stock 24.11% above its 52 week low of $7.01. A total of 2.6M shares exchanged hands during the day compared with its three month average trading volume of 3.5M. The stock, which fluctuated between $8.41 and $8.89 during the day, currently situated -60.47% below its 52 week high. The stock is down by -4.4% in the past one month and up by 1.4% over the past three months. With a one year target estimate of $13.38 and RSI of 43.05, the stock still has upside potential, making it a hold for now.

Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26,000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas.

Ascena Retail Group, Inc. (ASNA) shares were up in last trading by 1.24% to $4.91. It experienced lighter than average volume on day. The stock increased in value by almost 4.25% over the past week and fell -18.3% in the past month. It is currently trading -19.12% below its 50 day moving average and -27.83% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -56.39% decrease in value from its one year high of $11.26. The RSI indicator value of 33.46, lead us to believe that it is a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

 

Momentum Stocks: Ascena Retail Group, Inc. (ASNA), Cerulean Pharma Inc. (CERU), Ocwen Financial Corporation (OCN)

Ascena Retail Group, Inc. (ASNA) retreated with the stock falling -1.22% or $-0.06 to close at $4.85 on light trading volume of 2.5M compared its three months average trading volume of 4.59M. The Mahwah New Jersey 07430 based company operating under the Apparel Stores industry has been trending down for the last 52 weeks, with the shares price now -27.72% down for the period and down by -21.65% so far this year. With price target of $6.5 and a 9.23% rebound from 52-week low, Ascena Retail Group, Inc. has plenty of upside potential, making it a hold with a view buy.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Cerulean Pharma Inc. (CERU) had a active trading with around 2.47M shares changing hands compared to its three month average trading volume of 1.01M. The stock traded between $1.07 and $1.22 before closing at the price of $1.16 with -4.13% change on the day. The Waltham Massachusetts 02451 based company is currently trading 84.04% above its 52 week low of $0.63 and -73.21% below its 52 week high of $4.33. Both the RSI indicator and target price of  and $5.5 respectively, lead us to believe that it could rise over the coming weeks.

Cerulean Pharma Inc., a clinical-stage company, develops nanotechnology-based therapeutics in the areas of oncology and other diseases in the United States. The company’s lead product candidate is CRLX101, a tumor targeted nanoparticle-drug conjugate (NDC), which is in Phase 2 clinical development in patients with renal cell carcinoma; and in Phase 2 and Phase 1b clinical development in patients with ovarian cancer. It is also developing CRLX301, a platform-generated NDC clinical candidate, which is in Phase 1/2a clinical trials. The company has a strategic collaboration with Novartis to develop nanoparticle-drug conjugates for various cancer tumor targets. The company was formerly known as Tempo Pharmaceuticals, Inc. and changed its name to Cerulean Pharma Inc. in October 2008. Cerulean Pharma Inc. was incorporated in 2005 and is based in Waltham, Massachusetts.

Ocwen Financial Corporation (OCN) saw its value increase by 0.95% as the stock gained $0.05 to finish the day at a closing price of $5.32. The stock was lighter in trading and has fluctuated between $1.29-$6.41 per share for the past year. The shares, which traded within a range of $5.18 to $5.39 during the day, are up by 24.88% in the past three months and up by 130.3% over the past six months. It is currently trading 2.44% above its 20 day moving average and -0.44% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $4.5 a share over the next twelve months. The current relative strength index (RSI) reading is 50.33.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio includes conventional, government insured, and non-agency loans. The company’s Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans primarily through its correspondent lending arrangements, broker relationships, and directly with mortgage customers. Ocwen Financial Corporation was founded in 1988 and is headquartered in West Palm Beach, Florida.

 

Trader’s Round Up: EnteroMedics Inc. (ETRM), Novavax, Inc. (NVAX), Ascena Retail Group, Inc. (ASNA)

EnteroMedics Inc. (ETRM) grew with the stock adding 1.33% or $0.1 to close at $7.64 on active trading volume of 2.73M compared its three months average trading volume of 12.5M. The St. Paul Minnesota 55113 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 594.55% up for the period and up by 282% so far this year. With price target of $140 and a 19000% rebound from 52-week low, EnteroMedics Inc. has plenty of upside potential, making it a hold with a view buy.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

Novavax, Inc. (NVAX) dropped $0 to close the day at a new closing price of $1.33, a 0% decrease in value from its previous closing price that moved the stock 14.66% above its 52 week low of $1.16. A total of 2.71M shares exchanged hands during the day compared with its three month average trading volume of 7.36M. The stock, which fluctuated between $1.3 and $1.35 during the day, currently situated -84.33% below its 52 week high. The stock is up by 0.76% in the past one month and up by 9.02% over the past three months. With a one year target estimate of $3.29 and RSI of 47.36, the stock still has upside potential, making it a hold for now.

Novavax, Inc., a clinical-stage vaccine company, focuses on discovering, developing, and commercializing recombinant nanoparticle vaccines and adjuvants. The company produces its vaccines using its proprietary recombinant nanoparticle vaccine technology. Its product pipeline includes respiratory syncytial virus (RSV) vaccine candidates for elderly and maternal immunization that are in Phase III clinical trials, as well as pediatric RSV candidate, which is in Phase I clinical trial; seasonal quadrivalent influenza and pandemic H7N9 vaccines, which are in Phase II clinical trials; vaccine candidate against Ebola Virus that is Phase I clinical trial, as well as combination respiratory vaccine candidate and seasonal influenza vaccine candidate that is in pre-clinical trial; and rabies G protein vaccine candidate, which is in Phase I/II clinical trial. The company also has pre-clinical stage programs for various infectious diseases, including the Middle East respiratory syndrome coronavirus; and develops technology for the production of immune stimulating saponin-based adjuvants. Novavax, Inc. was founded in 1987 and is headquartered in Gaithersburg, Maryland.

Ascena Retail Group, Inc. (ASNA) shares were down in last trading by -0.2% to $4.91. It experienced lighter than average volume on day. The stock increased in value by almost 6.51% over the past week and fell -18.71% in the past month. It is currently trading -20.07% below its 50 day moving average and -28.32% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -56.39% decrease in value from its one year high of $11.26. The RSI indicator value of 36.3, lead us to believe that it is a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

 

Momentum Stocks: The Wendy’s Company (WEN), Ascena Retail Group, Inc. (ASNA), Parsley Energy, Inc. (PE)

The Wendy’s Company (WEN) grew with the stock adding 1.51% or $0.21 to close at $13.83 on light trading volume of 3.07M compared its three months average trading volume of 3.61M. The Dublin Ohio 43017 based company operating under the Restaurants industry has been trending up for the last 52 weeks, with the shares price now 33.37% up for the period and up by 2.26% so far this year. With price target of $13.29 and a 59.17% rebound from 52-week low, The Wendy’s Company has plenty of upside potential, making it a hold with a view buy.

The Wendy’s Company, through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide. It is involved in operating, developing, and franchising a system of quick-service restaurants. The company’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kids’ meals. As of November 9, 2016, its restaurant system included approximately 6,500 franchise and company-operated restaurants. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

Ascena Retail Group, Inc. (ASNA) had a light trading with around 3.06M shares changing hands compared to its three month average trading volume of 4.7M. The stock traded between $4.68 and $5.04 before closing at the price of $4.92 with 3.14% change on the day. The Mahwah New Jersey 07430 based company is currently trading 10.81% above its 52 week low of $4.44 and -56.31% below its 52 week high of $11.26. Both the RSI indicator and target price of  and $6.5 respectively, lead us to believe that it could rise over the coming weeks.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Parsley Energy, Inc. (PE) saw its value increase by 0.03% as the stock gained $0.01 to finish the day at a closing price of $34.8. The stock was lighter in trading and has fluctuated between $15.39-$39.82 per share for the past year. The shares, which traded within a range of $34.43 to $35 during the day, are up by 7.01% in the past three months and up by 9.13% over the past six months. It is currently trading -3.83% below its 20 day moving average and -3.59% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $45.35 a share over the next twelve months. The current relative strength index (RSI) reading is 36.81.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Parsley Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, production, exploration, and sale of crude oil and natural gas properties in the Permian Basin located in West Texas and Southeastern New Mexico. As of December 31, 2015, its acreage position consisted of 110,967 net acres, including 84,441 net acres in the Midland Basin and 26,526 net acres in the Delaware Basin; and estimated proved oil and natural gas reserves were 123.8 MMBoe. The company was founded in 2008 and is headquartered in Austin, Texas.

 

3 Trending Stocks: Ascena Retail Group, Inc. (ASNA), Ironwood Pharmaceuticals, Inc. (IRWD), Merrimack Pharmaceuticals, Inc. (MACK)

Ascena Retail Group, Inc. (ASNA) failed to extend gains with the stock declining -2.08% or $-0.1 to close the day at $4.71 on light trading volume of 1.75M shares, compared to its three month average trading volume of 4.73M. The Mahwah New Jersey 07430 based company has been underperforming the apparel stores group over the past 52 weeks, with the stock losing -36.09%, compared to the industry which has dropped -8.29% over the same period. With RSI of 35.78, the stock should still continue to rise and get closer to its one year target estimate of $6.56, making it a hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Ironwood Pharmaceuticals, Inc. (IRWD) climbed 4.8% during last trading as the stock added $0.69 to finish the day at $15.07 with about 1.74M shares changing hands, compared to its three month average trading volume of 1.34M. The $2.2B market cap company, which fluctuated between $14.37 and $15.11 during the day, currently situated 105.03% above its 52 week low of $7.35 and -10.78% away from its one year high of $16.89. The RSI of 52.19 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ironwood Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, and commercialization of human therapeutic products. The company markets linaclotide, a guanylate cyclase type-C agonist for the treatment of adult men and women suffering from irritable bowel syndrome with constipation (IBS-C) or chronic idiopathic constipation (CIC) under the LINZESS name in the United States and Constella name in the European Union. It has collaboration agreements with Allergan plc and AstraZeneca AB to develop and commercialize linaclotide for the treatment of IBS-C, CIC, and other GI conditions in North America, as well as in China, Hong Kong, and Macau. Ironwood Pharmaceuticals, Inc. also has license agreement with Astellas Pharma Inc. to develop and commercialize linaclotide for the treatment of IBS-C, CIC, and other GI conditions in Europe, as well as Japan, South Korea, Taiwan, Thailand, the Philippines, and Indonesia; and Exact Sciences Corp. to co-promote Cologuard, a noninvasive stool DNA screening test for colorectal cancer. The company was formerly known as Microbia, Inc. and changed its name to Ironwood Pharmaceuticals, Inc. in April 2008. Ironwood Pharmaceuticals, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts.

Merrimack Pharmaceuticals, Inc. (MACK) saw its value decrease by -0.96% as the stock dropped $-0.03 to finish the day at a closing price of $3.08. The stock was lighter in trading and has fluctuated between $2.83-$9.02 per share for the past year. The shares, which traded within a range of $3.04 to $3.14 during the day, are down by -41% in the past three months and down by -46.15% over the past six months. It is currently trading -6.62% below its 20 day moving average and -31.67% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $9 a share over the next twelve months. The current relative strength index (RSI) reading is 33.77. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Merrimack Pharmaceuticals, Inc., a biopharmaceutical company, engages in discovering, developing and commercializing medicines consisting of novel therapeutics paired with diagnostics for the treatment of cancer primarily in the United States. The company offers ONIVYDE that is used for the treatment of patients with metastatic adenocarcinoma of the pancreas after disease progression following gemcitabine-based therapy. Its therapeutic oncology candidates in clinical development include MM-398, which is in Phase II clinical trials for the treatment of patients with previously untreated, metastatic pancreatic adenocarcinoma; Phase I clinical trials for the treatment of patients with glioma, pediatric solid tumors, and gastrointestinal tumors; and Phase I clinical trials for treating metastatic breast cancer. The company’s therapeutic oncology candidates also include MM-302 that is in Phase II clinical trials for the treatment of patients with ErbB2 (HER2) positive, locally advanced or metastatic breast cancer; and MM-121, which is in Phase II clinical trial for the treatment of patients with heregulin positive, advanced non-small cell lung cancer. In addition, its therapeutic oncology candidates consist of MM-141 that is in Phase II clinical trials for the treatment of previously untreated metastatic pancreatic cancer patients who have high serum levels of free IGF-1; and MM-151 and MM-141, which are in Phase I clinical trials for the treatment of patients with solid tumors. The company has license and collaboration agreements with Baxter International Inc., Baxter Healthcare Corporation, and Baxter Healthcare SA; development, license, and supply agreement with Watson Laboratories, Inc.; sublicense and collaboration agreement with PharmaEngine, Inc.; collaboration agreements with Dyax Corp. and Adimab LLC,; and license agreement with University of California. Merrimack Pharmaceuticals, Inc. was incorporated in 1993 and is headquartered in Cambridge, Massachusetts.

 

3 Stocks to Watch For: Abraxas Petroleum Corporation (AXAS), Ascena Retail Group, Inc. (ASNA), Swift Transportation Company (SWFT)

Abraxas Petroleum Corporation (AXAS) saw its value decrease by -5.53% as the stock dropped $-0.14 to finish the day at a closing price of $2.39. The stock was higher in trading and has fluctuated between $0.75-$2.99 per share for the past year. The shares, which traded within a range of $2.36 to $2.52 during the day, are up by 37.36% in the past three months and up by 106.03% over the past six months. It is currently trading -10.57% below its 20 day moving average and -0.4% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $3.07 a share over the next twelve months. The current relative strength index (RSI) reading is 42.39.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Rocky Mountain, Permian Basin, and onshore Gulf Coast regions. As of December 31, 2014, its estimated net proved reserves were 43.2 million barrels of oil equivalent. The company was founded in 1977 and is based in San Antonio, Texas.

Ascena Retail Group, Inc. (ASNA) shares were down in last trading by -1.91% to $4.61. It experienced lighter than average volume on day. The stock decreased in value by almost -5.14% over the past week and fell -26.59% in the past month. It is currently trading -26.85% below its 50 day moving average and -33.84% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -59.06% decrease in value from its one year high of $11.26. The RSI indicator value of 29.68, lead us to believe that it may correct downwards in the near term.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.

Swift Transportation Company (SWFT) traded within a range of $22.6 to $23.52 after opening the day at $23.13. The company has seen its stock decrease in value by -5.58% so far this year. The stock was down close to -1.54% on active volume in last trading session and closed at $23 per share. After the recent fall, the stock is currently holding -15.38% below its 52 week high of $27.18 and 60.73% above its 12-month low of $14.31. The shares are up by over 2.68% in the last three months, and the RSI indicator value of 39.68 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Swift Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing company’s and owner-operator tractors with dry van, flatbed, and specialized trailing equipment in the United States, Mexico, and Canada. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment. The Swift Refrigerated segment primarily offers shipments for customers who require temperature-controlled trailers. This segment’s shipments include one-way movements over irregular routes, as well as dedicated truck operations. The Intermodal segment moves freight over the rail in containers and other trailing equipment; and provides drayage services to transport loads between the railheads and customer locations. The company also offers logistics and freight brokerage services, as well as support services to its customers and owner-operators, including repair and maintenance shop services, equipment leasing, and insurance. As of December 31, 2015, it operated a fleet of 15,211 company tractors and 4,653 owner-operator tractors; 65,233 trailers; and 9,150 intermodal containers from 40 terminals near key freight centers and traffic lanes. Swift Transportation Company serves various customers primarily in the retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. The company was formerly known as Swift Holdings Corp. Swift Transportation Company was founded in 1966 and is headquartered in Phoenix, Arizona.

 

Stocks Buzz: Viavi Solutions Inc. (VIAV), Exact Sciences Corporation (EXAS), Ascena Retail Group, Inc. (ASNA)

Viavi Solutions Inc. (VIAV) managed to rebound with the stock climbing 0.89% or $0.08 to close the day at $9.1 on active trading volume of 2.44M shares, compared to its three month average trading volume of 2.01M. The Milpitas California 95035 based company has been outperforming the communication equipment group over the past 52 weeks, with the stock gaining 86.86%, compared to the industry which has advanced 5.4% over the same period. With RSI of 64.88, the stock should still continue to rise and get closer to its one year target estimate of $8.71, making it a hold for now.

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company operates through Network Enablement, Service Enablement, and Optical Security and Performance Products segments. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks. This segment provides solutions that include instruments, software and services to design, build, activate, certify, troubleshoot, and optimize networks. It also offers support and professional services, such as repair, calibration, software support, and technical assistance for the products; and system integration projects comprising project management, installation, and implementation, as well as product and technology training, and consulting services. The Service Enablement segment provides embedded systems and enterprise performance management solutions for communication service providers and enterprises with visibility into network, service, and application. This segment’s solutions include instruments, microprobes, and software, which monitor, collect, and analyze network data to reveal the actual customer experience and to identify opportunities for new revenue streams and network optimization. The Optical Security and Performance Products segment provides optical security solutions with a strategic focus on serving the anti-counterfeiting market through advanced security pigments, thread substrates, and printed features for the currency, pharmaceutical, and consumer electronic sectors. This segment also offers thin-film coating solutions for 3D sensing applications. The company was formerly known as JDS Uniphase Corporation and changed its name to Viavi Solutions Inc. in August 2015. Viavi Solutions Inc. was founded in 1979 and is headquartered in Milpitas, California.

Exact Sciences Corporation (EXAS) grew with the stock adding 2.91% or $0.5 to close at $17.68 on light trading volume of 2.43M compared its three months average trading volume of 2.74M. The Madison Wisconsin 53719 based company operating under the Medical Laboratories & Research industry has been trending up for the last 52 weeks, with the shares price now 167.88% up for the period and up by 32.34% so far this year. With price target of $20.22 and a 278.59% rebound from 52-week low, Exact Sciences Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Ascena Retail Group, Inc. (ASNA) failed to extend gains with the stock declining -2.57% or $-0.13 to close the day at $4.92 on lower than average trading volume of 2.42M shares, compared to its three month average trading volume of 4.91M. The Mahwah New Jersey 07430 based company has been underperforming the apparel stores companies by -2.539% for last three months and its recent losses have pulled the stock down -20.52% YTD, versus the apparel stores industry which is down -2.96% for the same period. The RSI of 32.19 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Ascena Retail Group, Inc., through its subsidiaries, operates as a specialty retailer of apparel, shoes, and accessories for women and tween girls in the United States, Canada, and Puerto Rico. The company operates through six segments: ANN, Justice, Lane Bryant, maurices, dressbarn, and Catherines. It creates, designs, and develops a range of merchandise, including apparel, accessories, footwear, and intimates; lifestyle products comprising cosmetics, bedroom furnishings, and electronics; and wear-to-work, casual sportswear, footwear, and social occasion apparel. The company also offers casual clothing, career wear, dressy apparel, and active wear, as well as special occasion and classic apparel. Its principal brands comprise ANN TAYLOR, LOFT, ANN TAYLOR LOFT, LOU & GREY, JUSTICE, LANE BRYANT, LANE BRYANT OUTLET, CACIQUE, RIGHT FIT, MAURICES, DRESSBARN, CATHERINES, CATHERINES PLUS SIZES, MAGGIE BARNES, LIZ&ME, SERENADA, DRESSBAR, 6th & LANE, and MAURICES IN MOTION. As of July 30, 2016, the company operated approximately 4,900 stores. It also offers its products through its Websites, including anntaylor.com, LOFT.com, louandgrey.com, shopjustice.com, lanebryant.com, cacique.com, maurices.com, dressbarn.com, and catherines.com. The company was formerly known as Dress Barn, Inc. and changed its name to Ascena Retail Group, Inc. in January 2011. Ascena Retail Group, Inc. was founded in 1962 and is based in Mahwah, New Jersey.