Momentum Stocks: Whiting Petroleum Corporation (WLL), Oclaro, Inc. (OCLR), Delcath Systems, Inc. (DCTH)

Whiting Petroleum Corporation (WLL) retreated with the stock falling -1.4% or $-0.16 to close at $11.28 on active trading volume of 9.18M compared its three months average trading volume of 16.95M. The Denver Colorado 80290 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 110.06% up for the period and down by -6.16% so far this year. With price target of $14.21 and a 236.72% rebound from 52-week low, Whiting Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

Oclaro, Inc. (OCLR) had a active trading with around 9.02M shares changing hands compared to its three month average trading volume of 6.41M. The stock traded between $10.47 and $10.91 before closing at the price of $10.8 with -0.64% change on the day. The San Jose California 95131 based company is currently trading 179.79% above its 52 week low of $3.86 and -1.46% below its 52 week high of $10.96. Both the RSI indicator and target price of  and $14.28 respectively, lead us to believe that it could rise over the coming weeks.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

Delcath Systems, Inc. (DCTH) saw its value decrease by -21.2% as the stock dropped $-0.04 to finish the day at a closing price of $0.17. The stock was higher in trading and has fluctuated between $0.13-$6.848 per share for the past year. The shares, which traded within a range of $0.131 to $0.205 during the day, are down by -91.71% in the past three months and down by -95.83% over the past six months. It is currently trading -47.96% below its 20 day moving average and -80.07% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $16 a share over the next twelve months. The current relative strength index (RSI) reading is 19.27.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

Delcath Systems, Inc. operates as a specialty pharmaceutical and medical device company focusing on cancers of the liver. The company is developing its proprietary product-Melphalan Hydrochloride for injection for use with the Delcath Hepatic Delivery System; and markets melphalan hydrochloride as a device under the trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan in Europe. Its primary focus is on the execution of its clinical development program in ocular melanoma liver metastases, intrahepatic cholangiocarcinoma, hepatocellular carcinoma, and certain other cancers that are metastatic to the liver. Delcath Systems, Inc. was founded in 1988 and is headquartered in New York, New York.

 

Momentum Stocks: Whiting Petroleum Corporation (WLL), Genworth Financial, Inc. (GNW), Oclaro, Inc. (OCLR)

Whiting Petroleum Corporation (WLL) retreated with the stock falling -2.02% or $-0.23 to close at $11.16 on active trading volume of 9.09M compared its three months average trading volume of 17.18M. The Denver Colorado 80290 based company operating under the Oil & Gas Drilling & Exploration industry has been trending up for the last 52 weeks, with the shares price now 148% up for the period and down by -7.15% so far this year. With price target of $14.21 and a 233.13% rebound from 52-week low, Whiting Petroleum Corporation has plenty of upside potential, making it a hold with a view buy.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

Genworth Financial, Inc. (GNW) had a active trading with around 9.08M shares changing hands compared to its three month average trading volume of 7.57M. The stock traded between $3.45 and $3.71 before closing at the price of $3.64 with 6.12% change on the day. The Richmond Virginia 23230 based company is currently trading 131.85% above its 52 week low of $1.68 and -30.93% below its 52 week high of $5.27. Both the RSI indicator and target price of  and $4.84 respectively, lead us to believe that it could rise over the coming weeks.

Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, as well as bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, as well as service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products. This segment’s institutional products include funding agreements, funding agreements backing notes, and guaranteed investment contracts. It distributes its products and services primarily through appointed independent producers, financial intermediaries, employer groups, and sales specialists. Genworth Financial, Inc. was founded in 2003 and is headquartered in Richmond, Virginia.

Oclaro, Inc. (OCLR) saw its value increase by 4.64% as the stock gained $0.44 to finish the day at a closing price of $9.93. The stock was higher in trading and has fluctuated between $3.86-$10.35 per share for the past year. The shares, which traded within a range of $9.54 to $10.02 during the day, are up by 23.97% in the past three months and up by 45.18% over the past six months. It is currently trading 5.23% above its 20 day moving average and 10.02% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.28 a share over the next twelve months. The current relative strength index (RSI) reading is 60.21.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

 

Stocks Roundup: TTM Technologies, Inc. (TTMI), Oclaro, Inc. (OCLR), Kohl’s Corporation (KSS)

TTM Technologies, Inc. (TTMI) grew with the stock adding 9.57% or $1.49 to close at $17.06 on active trading volume of 6.72M compared its three months average trading volume of 2.12M. The Costa Mesa California 92626 based company operating under the Printed Circuit Boards industry has been trending up for the last 52 weeks, with the shares price now 176.05% up for the period and up by 25.17% so far this year. With price target of $15 and a 182.92% rebound from 52-week low, TTM Technologies, Inc. has plenty of upside potential, making it a hold with a view buy.

TTM Technologies, Inc., together with its subsidiaries, manufactures printed circuit boards (PCBs) worldwide. It provides a range of PCBs and electro-mechanical solutions, including high density interconnect PCBs, conventional PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, and IC substrates. It also produces test specialized circuits used in radio-frequency or microwave emission and collection applications; printed circuits with heavy copper cores, and embedded and press-fit coins; PCBs with electrically passive heat sinks; and PCBs with electrically active thermal cores. In addition, the company offers various services, including manufacturability, PCB layout design, simulation and testing, and quick turnaround services. The company’s customers include original equipment manufacturers and electronic manufacturing services companies that primarily serve the networking/communications, cellular phone, computing, aerospace and defense, and medical/industrial/instrumentation end markets of the electronics industry. TTM Technologies, Inc. was founded in 1978 and is headquartered in Costa Mesa, California.

Oclaro, Inc. (OCLR) had a active trading with around 6.56M shares changing hands compared to its three month average trading volume of 6.02M. The stock traded between $9.4 and $9.65 before closing at the price of $9.44 with -0.32% change on the day. The San Jose California 95131 based company is currently trading 145.19% above its 52 week low of $3.86 and -8.79% below its 52 week high of $10.35. Both the RSI indicator and target price of  and $14.17 respectively, lead us to believe that it could rise over the coming weeks.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

Kohl’s Corporation (KSS) saw its value increase by 3.09% as the stock gained $1.26 to finish the day at a closing price of $42.1. The stock was higher in trading and has fluctuated between $33.87-$59.67 per share for the past year. The shares, which traded within a range of $40.63 to $42.5 during the day, are down by -3.38% in the past three months and up by 12.97% over the past six months. It is currently trading 4.68% above its 20 day moving average and -10.65% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $46.19 a share over the next twelve months. The current relative strength index (RSI) reading is 46.65.The technical indicator lead us to believe there will be no major movement any time soon, hold.

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.

 

Stocks Under Review: Glu Mobile Inc. (GLUU), Oclaro, Inc. (OCLR), Denbury Resources Inc. (DNR)

Glu Mobile Inc. (GLUU) failed to extend gains with the stock declining -2.35% or $-0.06 to close the day at $2.49 on active trading volume of 5.91M shares, compared to its three month average trading volume of 2.86M. The San Francisco California 94105 based company has been underperforming the multimedia & graphics software group over the past 52 weeks, with the stock losing -13.84%, compared to the industry which has advanced 37.93% over the same period. With RSI of 62.31, the stock should still continue to rise and get closer to its one year target estimate of $2.52, making it a hold for now.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, celebrity, sports, and simulation genre mobile games. It creates games based on its own brands, including Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, Tap Sports Baseball, and Tap Sports Football. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, Kendall and Kylie, Katy Perry Pop, James Bond: World of Espionage, Mission Impossible: Rogue Nation, and Sniper X With Jason Statham. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.

Oclaro, Inc. (OCLR) grew with the stock adding 1.83% or $0.17 to close at $9.47 on light trading volume of 5.8M compared its three months average trading volume of 6.08M. The San Jose California 95131 based company operating under the Semiconductor Equipment & Materials industry has been trending up for the last 52 weeks, with the shares price now 121.78% up for the period and up by 5.81% so far this year. With price target of $14.17 and a 145.97% rebound from 52-week low, Oclaro, Inc. has plenty of upside potential, making it a hold with a view buy.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

Denbury Resources Inc. (DNR) managed to rebound with the stock declining 0% or $0 to close the day at $3.29 on lower than average trading volume of 5.76M shares, compared to its three month average trading volume of 9.24M. The Plano Texas 75024 based company has been outperforming the independent oil & gas companies by 25.045% for last three months and its recent gains have offset losses to -10.6% YTD, versus the independent oil & gas industry which is down -4.65% for the same period. The RSI of 32.5 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on enhanced oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region. As of December 31, 2015, the company had 288.6 million barrels of oil equivalent of estimated proved oil and natural gas reserves. Denbury Resources Inc. was founded in 1951 and is headquartered in Plano, Texas.

 

Trader’s Buzzers: Oclaro, Inc. (OCLR), MGIC Investment Corporation (MTG), Synergy Resources Corporation (SYRG)

Oclaro, Inc. (OCLR) traded within a range of $9.23 to $9.58 after opening the day at $9.58. The company has seen its stock increase in value by 3.91% so far this year. The stock was down close to -1.06% on active volume in last trading session and closed at $9.3 per share. After the recent fall, the stock is currently holding -10.14% below its 52 week high of $10.35 and 141.56% above its 12-month low of $3.85. The shares are up by over 17.13% in the last three months, and the RSI indicator value of 50.79 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

MGIC Investment Corporation (MTG) managed to rebound with the stock climbing 0.63% or $0.07 to close the day at $11.13 on active trading volume of 6.96M shares, compared to its three month average trading volume of 5.26M. The Milwaukee Wisconsin 53202 based company has been outperforming the property & casualty insurance group over the past 52 weeks, with the stock gaining 77.8%, compared to the industry which has advanced 27.46% over the same period. With RSI of 67.31, the stock should still continue to rise and get closer to its one year target estimate of $11.83, making it a hold for now.

MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services; and other services for the mortgage finance industry, such as analysis of loan originations and portfolios, and mortgage lead generation services. In addition, the company participates in external reinsurance arrangements and captive mortgage reinsurance arrangements. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Synergy Resources Corporation (SYRG) dropped $-0.11 to close the day at a new closing price of $8.76, a -1.24% decrease in value from its previous closing price that moved the stock 74.85% above its 52 week low of $5.19. A total of 6.9M shares exchanged hands during the day compared with its three month average trading volume of 3.66M. The stock, which fluctuated between $8.47 and $9.4 during the day, currently situated -15.61% below its 52 week high. The stock is down by -2.45% in the past one month and up by 25.32% over the past three months. With a one year target estimate of $10.57 and RSI of 45.04, the stock still has upside potential, making it a hold for now.

Synergy Resources Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in Colorado. As of December 31, 2015, the company had approximately 349,000 net acres under lease, which are located in the Wattenberg Field of the Denver-Julesburg Basin; and operated 369 net producing wells. It also has mineral assets in Yuma and Washington Counties, Colorado. Synergy Resources Corporation is based in Denver, Colorado.

 

Stocks on the Move: comScore, Inc. (SCOR), WisdomTree Investments, Inc. (WETF), Oclaro, Inc. (OCLR)

comScore, Inc. (SCOR) failed to extend gains with the stock declining -28.42% or $-9.22 to close the day at $23.22 on active trading volume of 7.22M shares, compared to its three month average trading volume of 356.17K. The Reston Virginia 20190 based company has been underperforming the business services group over the past 52 weeks, with the stock losing -35.3%, compared to the industry which has advanced 33.75% over the same period. With RSI of 19.17, the stock should still continue to rise and get closer to its one year target estimate of $30.29, making it a hold for now.

comScore, Inc. operates as a cross-platform measurement company that measures audiences, brands, and consumer behavior worldwide. Its data footprint combines proprietary digital, TV, and movie intelligence with demographic details to quantify consumers’ multiscreen behavior. The company deliver custom solutions, syndicated reporting, cloud services (SaaS), and on-premise software to drive reporting, and real-time and predictive analytics. Its audience analytics products include MMX, an online audience measurement and media planning solution; Video Metrix that provides end-to-end video measurement in the online video marketplace; qSearch, which captures all of the search behavior at approximately 200 search properties in 38 individual countries and worldwide; Reach/Frequency suite that lays out campaign options and allows to analyze online advertising plans site-by-site and across media platforms; and Device Essentials to provide insight into unique digital device usage and traffic based on actual observed online visitation data. The company’s advertising analytics products comprise validated Campaign Essentials, a holistic ad and audience delivery validation solution; Action Lift to capture the effectiveness of a campaign; Brand Survey Lift to measure the overall branding impact of a campaign, as well as the specific lift contribution by publisher, data provider, and creative; validated Media Essentials to evaluate inventory by site, domain, section, and ad slot; and Brand Survey Lift Pulse to measure the breakthrough and impact of digital advertising in real-time. It serves agencies, CPG, education, energy, financial services, government, healthcare, investment research, manufacturing, media, pharmaceutical, professional services, retail, technology, telecommunications, and travel industries. comScore, Inc. has a strategic partnership with Adobe Systems Incorporated. The company was founded in 1999 and is headquartered in Reston, Virginia.

WisdomTree Investments, Inc. (WETF) fell -3.13% during last trading as the stock lost $-0.28 to finish the day at $8.67 with about 7.06M shares changing hands, compared to its three month average trading volume of 2.48M. The $1.35B market cap company, which fluctuated between $8.58 and $9.17 during the day, currently situated 8.38% above its 52 week low of $8 and -36.81% away from its one year high of $13.72. The RSI of 23.98 indicates the stock is oversold at the current levels, buy for now.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. It develops index using its fundamentally weighted index methodology. In addition, the company provides investment advisory services. The company was founded in 1985 and is based in New York, New York.

Oclaro, Inc. (OCLR) saw its value decrease by -4.18% as the stock dropped $-0.41 to finish the day at a closing price of $9.4. The stock was higher in trading and has fluctuated between $3.85-$10.35 per share for the past year. The shares, which traded within a range of $9.38 to $9.7 during the day, are up by 16.92% in the past three months and up by 48.97% over the past six months. It is currently trading 2.3% above its 20 day moving average and 4.08% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.17 a share over the next twelve months. The current relative strength index (RSI) reading is 52.5. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

 

Stocks To Track: Oclaro, Inc. (OCLR), Under Armour, Inc. (UAA), Tenax Therapeutics, Inc. (TENX)

Oclaro, Inc. (OCLR) climbed 1.98% during last trading as the stock added $0.19 to finish the day at $9.81 with about 7.85M shares changing hands, compared to its three month average trading volume of 6.05M. The $1.6B market cap company, which fluctuated between $9.55 and $9.83 during the day, currently situated 154.81% above its 52 week low of $3.85 and -5.22% away from its one year high of $10.35. The RSI of 58.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

Under Armour, Inc. (UAA) gained $0.05 to close the day at a new closing price of $20.7, a 0.24% increase in value from its previous closing price that moved the stock 0.98% above its 52 week low of $20.44. A total of 7.65M shares exchanged hands during the day compared with its three month average trading volume of 5.48M. The stock, which fluctuated between $20.44 and $20.84 during the day, currently situated -56.83% below its 52 week high. The stock is down by -32.22% in the past one month and down by -32.77% over the past three months. With a one year target estimate of $23.5 and RSI of 13.67, the stock still has upside potential, making it a buy for now.

Under Armour, Inc. together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot, cold, and in between the extremes. It provides various footwear products, including football, baseball, lacrosse, softball and soccer cleats, slides, performance training, running, basketball, and outdoor footwear. The company also offers accessories, which include headwear, bags, and gloves; and digital fitness platform licenses and subscriptions, as well as digital advertising, as well as licenses its brands. It primarily provides its products under the UA Logo, UNDER ARMOUR, UA, ARMOUR, HEATGEAR, COLDGEAR, ALLSEASONGEAR, PROTECT THIS HOUSE, and I WILL, as well as ARMOURBITE, ARMOURSTORM, ARMOUR FLEECE, and ARMOUR BRA trademarks. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of brand and factory house stores, and Website. Under Armour, Inc. was founded in 1996 and is headquartered in Baltimore, Maryland.

Tenax Therapeutics, Inc. (TENX) had a light trading with around 7.64M shares changing hands compared to its three month average trading volume of 982.35K. The stock traded between $0.6989 and $0.9225 before closing at the price of $0.71 with -11.33% change on the day. The Morrisville North Carolina 27560 based company is currently trading 70.94% above its 52 week low of $0.415 and -75.87% below its 52 week high of $2.94. Both the RSI indicator and target price of 30.95 and $9.25 respectively, lead us to believe that it should be put on hold over the coming weeks.

Tenax Therapeutics, Inc., a specialty pharmaceutical company, focused on the development and commercialization of a portfolio of products for the critical care market in the United States and Canada. It focuses on the development and commercialization of pharmaceutical products containing levosimendan, 2.5 mg/ml concentrate for solution for infusion/5ml vial for use in the reduction of morbidity and mortality in cardiac surgery patients at risk for developing Low Cardiac Output Syndrome. The company offers Wundecyte, a wound-healing gel. The company was formerly known as Oxygen Biotherapeutics, Inc. and changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Morrisville, North Carolina.

 

Trader’s Round Up: Ixia (XXIA), Oclaro, Inc. (OCLR), Rennova Health, Inc. (RNVA)

Ixia (XXIA) retreated with the stock falling -0.26% or $-0.05 to close at $19.4 on active trading volume of 4.32M compared its three months average trading volume of 1.09M. The Calabasas California 91302 based company operating under the Internet Software & Services industry has been trending up for the last 52 weeks, with the shares price now 107.93% up for the period and up by 20.5% so far this year. With price target of $16.2 and a 128.24% rebound from 52-week low, Ixia has plenty of upside potential, making it a hold with a view buy.

Ixia provides application performance and security resilience solutions to organizations in the United States and internationally. The company offers hardware platforms, such as chassis; interface cards that generate, receive, and analyze various traffic types at multiple network layers; and network visibility solutions, which enable network visibility into physical and virtual networks, and optimizes monitoring tool performance. It also provides a suite of software applications for use in automated and targeted delivery, as well as functionality and performance test for technologies and devices, including storage, video, voice, intelligent networks, applications, routing, switching, WiFi, broadband, wireless, software defined networks, and virtual networks and functions. In addition, Ixia offers technical support, warranty, and software maintenance services, as well as training and professional services. The company offers its products and services through direct sales force, as well as through distributors, value added resellers, system integrators, and other partners. It serves a range of enterprises, service providers, network equipment manufacturers, and governments. Ixia was founded in 1997 and is headquartered in Calabasas, California.

Oclaro, Inc. (OCLR) gained $0.17 to close the day at a new closing price of $9.62, a 1.8% increase in value from its previous closing price that moved the stock 169.47% above its 52 week low of $3.85. A total of 4.26M shares exchanged hands during the day compared with its three month average trading volume of 6.22M. The stock, which fluctuated between $9.28 and $9.65 during the day, currently situated -7.05% below its 52 week high. The stock is up by 14.25% in the past one month and up by 31.06% over the past three months. With a one year target estimate of $13.08 and RSI of 57.05, the stock still has upside potential, making it a hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

Rennova Health, Inc. (RNVA) shares were down in last trading by -1.43% to $0.07. It experienced lighter than average volume on day. The stock decreased in value by almost -18.82% over the past week and fell -15.34% in the past month. It is currently trading -29.38% below its 50 day moving average and -78.24% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -94.05% decrease in value from its one year high of $1.16. The RSI indicator value of 40.15, lead us to believe that it is a hold for now.

Rennova Health, Inc. provides diagnostics and supportive software solutions to healthcare providers in the United States. It offers products and services, including laboratory diagnostics, healthcare technology solutions, and revenue cycle management solutions, as well as intends to provide financial services in the form of loans to physician practices. The company provides toxicology, clinical pharmacogenetics, and esoteric testing services; develops Web-based system to place lab orders, track samples, and view test reports in real time; Web-enabled laboratory information management solutions; Medical Mime, which offers an electronic health record for substance abuse and behavioral health providers; and CollabRx that enhances cancer diagnoses and treatment through actionable data analytics and reporting for oncologists and their patients. Rennova Health, Inc. was founded in 2005 and is headquartered in West Palm Beach, Florida.

 

Stocks in the Spotlight: ARIAD Pharmaceuticals, Inc. (ARIA), Plug Power Inc. (PLUG), Oclaro, Inc. (OCLR)

ARIAD Pharmaceuticals, Inc. (ARIA) had a active trading with around 11.89M shares changing hands compared to its three month average trading volume of 10.57M. The stock traded between $23.74 and $23.84 before closing at the price of $23.79 with -0.13% change on the day. The Cambridge Massachusetts 02139 based company is currently trading 444.39% above its 52 week low of $4.37 and -0.25% below its 52 week high of $23.85. Both the RSI indicator and target price of 87.37 and $20.63 respectively, lead us to believe that it could drop over the coming weeks.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of drugs for cancer patients in the United States and internationally. It offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, the European Union, Australia, Switzerland, Israel, and Canada. The company also develops Brigatinib, an investigational inhibitor of anaplastic lymphoma kinase for the treatment of various patients with a form of non-small cell lung cancer; and AP32788, for treating non-small cell lung cancer and various other solid tumors. It markets and sells Iclusig through specialty pharmacy in the United States. The company has license agreements with Medinol Ltd. to develop and commercialize stents and other medical devices to deliver ridaforolimus. ARIAD Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Cambridge, Massachusetts.

Plug Power Inc. (PLUG) managed to rebound with the stock declining -3.77% or $-0.04 to close the day at $1.02 on light trading volume of 11.64M shares, compared to its three month average trading volume of 3.67M. The Latham New York 12110 based company has been underperforming the diversified electronics group over the past 52 weeks, with the stock losing -38.92%, compared to the industry which has advanced 40% over the same period. With RSI of 24.14, the stock should still continue to rise and get closer to its one year target estimate of $2.26, making it a hold for now.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the material handling and stationary power market in the United States. The company focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. Its product line includes GenKey, a turn-key solution for transitioning material handling vehicles to fuel cell power; GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling vehicles; GenFuel, a hydrogen fueling delivery system; GenCare, which is an ongoing maintenance program for GenDrive fuel cells and GenFuel products; ReliOn, a stationary fuel cell solution that provides scalable and modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; and GenFund, which offers financing solutions to customers. The company sells its products to businesses and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

Oclaro, Inc. (OCLR) shares were down in last trading by -3.67% to $9.45. It experienced higher than average volume on day. The stock decreased in value by almost -7.44% over the past week and grew 5.59% in the past month. It is currently trading 4.65% above its 50 day moving average and 32.17% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -8.7% decrease in value from its one year high of $10.35. The RSI indicator value of 54.04, lead us to believe that it is a hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

 

Stocks Buzz: ARIAD Pharmaceuticals, Inc. (ARIA), Oasis Petroleum Inc. (OAS), Oclaro, Inc. (OCLR)

ARIAD Pharmaceuticals, Inc. (ARIA) failed to extend gains with the stock declining -0.13% or $-0.03 to close the day at $23.65 on active trading volume of 9.17M shares, compared to its three month average trading volume of 10.39M. The Cambridge Massachusetts 02139 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 371.12%, compared to the industry which has advanced 1.57% over the same period. With RSI of 86.47, the stock should still continue to rise and get closer to its one year target estimate of $20.63, making it a hold for now.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of drugs for cancer patients in the United States and internationally. It offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, the European Union, Australia, Switzerland, Israel, and Canada. The company also develops Brigatinib, an investigational inhibitor of anaplastic lymphoma kinase for the treatment of various patients with a form of non-small cell lung cancer; and AP32788, for treating non-small cell lung cancer and various other solid tumors. It markets and sells Iclusig through specialty pharmacy in the United States. The company has license agreements with Medinol Ltd. to develop and commercialize stents and other medical devices to deliver ridaforolimus. ARIAD Pharmaceuticals, Inc. was founded in 1991 and is headquartered in Cambridge, Massachusetts.

Oasis Petroleum Inc. (OAS) retreated with the stock falling -5.71% or $-0.85 to close at $14.04 on active trading volume of 8.72M compared its three months average trading volume of 10.43M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending up for the last 52 weeks, with the shares price now 162.43% up for the period and down by -7.27% so far this year. With price target of $17.04 and a 250.12% rebound from 52-week low, Oasis Petroleum Inc. has plenty of upside potential, making it a hold with a view buy.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

Oclaro, Inc. (OCLR) continued its downward trend with the stock declining -2.81% or $-0.28 to close the day at $9.68 on higher than average trading volume of 8.44M shares, compared to its three month average trading volume of 6.1M. The San Jose California 95131 based company has been outperforming the semiconductor equipment & materials companies by 28.5947% for last three months and its recent gains have pushed the stock slightly up 8.16% YTD, versus the semiconductor equipment & materials industry which is up 8.03% for the same period. The RSI of 56.73 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.