Synergy Pharmaceuticals Inc. (SGYP) grew with the stock adding 0.77% or $0.05 to close at $6.53 on light trading volume of 3.81M compared its three months average trading volume of 4.37M. The New York New York 10170 based company operating under the Drug Manufacturers – Other industry has been trending up for the last 52 weeks, with the shares price now 74.6% up for the period and up by 7.22% so far this year. With price target of $10.67 and a 161.2% rebound from 52-week low, Synergy Pharmaceuticals Inc. has plenty of upside potential, making it a hold with a view buy.
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.
Tesla Motors, Inc. (TSLA) had a light trading with around 3.76M shares changing hands compared to its three month average trading volume of 4.7M. The stock traded between $235.58 and $239.71 before closing at the price of $238.36 with 1.18% change on the day. The Palo Alto California 94304 based company is currently trading 68.99% above its 52 week low of $141.05 and -11.5% below its 52 week high of $269.34. Both the RSI indicator and target price of and $238.75 respectively, lead us to believe that it could rise over the coming weeks.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. It sells its products through a network of Tesla stores and galleries, as well as through Internet. In addition, the company designs, manufactures, installs, monitors, maintains, leases, and sells solar energy systems to government, residential, and commercial customers; and sells electricity generated by solar energy systems to customers. Tesla Motors, Inc. was founded in 2003 and is headquartered in Palo Alto, California.
Marathon Petroleum Corporation (MPC) saw its value increase by 0.35% as the stock gained $0.17 to finish the day at a closing price of $48.9. The stock was lighter in trading and has fluctuated between $29.24-$54.59 per share for the past year. The shares, which traded within a range of $48.2 to $49.34 during the day, are up by 17.81% in the past three months and up by 32.52% over the past six months. It is currently trading -2.33% below its 20 day moving average and 2.68% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $62 a share over the next twelve months. The current relative strength index (RSI) reading is 49.63.The technical indicator lead us to believe there will be no major movement any time soon, hold.
Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.