EnteroMedics Inc. (ETRM) grew with the stock adding 2.55% or $0.19 to close at $7.64 on light trading volume of 1.39M compared its three months average trading volume of 11.98M. 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 564.35% 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.
Lamb Weston Holdings, Inc. (LW) dropped $-0.02 to close the day at a new closing price of $39.63, a -0.05% decrease in value from its previous closing price that moved the stock 34.48% above its 52 week low of $29.62. A total of 1.39M shares exchanged hands during the day compared with its three month average trading volume of 1.95M. The stock, which fluctuated between $39.2 and $39.75 during the day, currently situated -0.43% below its 52 week high. The stock is up by 7.98% in the past one month and down by 0% over the past three months. With a one year target estimate of $40.5 and RSI of 73.81, the stock still has upside potential, making it a sell for now.
Lamb Weston Holdings, Inc. produces and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other. The company offers frozen potatoes, sweet potatoes, and appetizers under the Lamb Weston brand name, as well as various customer labels. It serves retail and foodservice customers; grocery, mass, club, and specialty retailers; and businesses, independent restaurants, regional chain restaurants, and convenience stores, as well as primary, secondary, and post-secondary educational institutions. The company was founded in 1950 and is based in Eagle, Idaho.
Bill Barrett Corporation (BBG) shares were up in last trading by 0.17% to $5.97. It experienced lighter than average volume on day. The stock increased in value by almost 1.7% over the past week and fell -17.77% in the past month. It is currently trading -14.66% below its 50 day moving average and -8.18% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -36.35% decrease in value from its one year high of $9.38. The RSI indicator value of 36.86, lead us to believe that it is a hold for now.
Bill Barrett Corporation, an independent energy company, acquires, explores for, and develops oil and natural gas resources in the United States. It primarily holds interests in the Denver-Julesburg basin and the Uinta oil program in the Uinta Basin in the Rocky Mountain region of the United States. The company was founded in 2002 and is headquartered in Denver, Colorado.