L Brands, Inc. (LB) continued its upward trend with the stock climbing 0.76% or $0.53 to close the day at $70.17 on higher than average trading volume of 2.67M shares, compared to its three month average trading volume of 2.14M. The Columbus Ohio 43230 based company has been outperforming the apparel stores companies by -9.2774% for last three months and its recent losses have pulled the stock down -22.44% YTD, versus the apparel stores industry which is down -1.07% for the same period. The RSI of 53.37 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria’s Secret, Pink, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn Candle Company, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores in the United States, Canada, and the United Kingdom, which are primarily mall-based; through its Websites; and through franchises, licenses, and wholesale partners. As of January 31, 2016, the company operated 2,721 retail stores in the United States; 270 retail stores in Canada; and 14 retail stores in the United Kingdom. It also operated 221 La Senza stores in 29 countries; 125 Bath & Body Works stores in 30 countries; 19 Victoria’s Secret stores in 7 Middle Eastern countries; and 373 Victoria’s Secret Beauty and Accessories stores, and various small-format locations in approximately 75 countries. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.
Universal American Corp (UAM) had a light trading with around 2.67M shares changing hands compared to its three month average trading volume of 341.52K. The stock traded between $9.86 and $9.93 before closing at the price of $9.93 with 0.3% change on the day. The White Plains New York 10601 based company is currently trading 78.92% above its 52 week low of $5.55 and -0.7% below its 52 week high of $9.93. Both the RSI indicator and target price of 85.24 and $7.75 respectively, lead us to believe that it could drop over the coming weeks.
Universal American Corp., together with its subsidiaries, provides health insurance and managed care products and services to Medicare and Medicaid customers in the United States. It operates through Medicare Advantage, Management Services Organization, and Medicaid segments. The company operates HMO plans under contracts with centers for Medicare and Medicaid services under the Today’s Options HMO brand; Medicare advantage management service organizations that manage business and affiliated independent physician associations; PPO plans under the Today’s Options PPOs brand; and network PFFS plans under the Today’s Options brand, as well as offers defined prescription drug benefit. It also supports physician partnerships for the development of value-based healthcare models, such as accountable care organizations’ (ACOs) with technology, analytics, clinical care coordination, regulatory compliance, and program administration resources. In addition, the company operates ACOs under the Medicare Shared Savings Program through its physicians and other healthcare professionals. It operates approximately 21 MSSP ACOs and 1 Next Generation ACO; and serves approximately 39,000 members through Total Care Medicaid health plan. The company distributes products and services through a network of channels, including its career agency and independent agents, as well as through telephonic and Internet enrollment. Universal American Corp. was founded in 1981 and is headquartered in White Plains, New York.
Mast Therapeutics, Inc. (MSTX) traded within a range of $0.0715 to $0.077 after opening the day at $0.08. The company has seen its stock decrease in value by -82.5% so far this year. The stock was down close to -2.65% on light volume in last trading session and closed at $0.07 per share. After the recent fall, the stock is currently holding -89.65% below its 52 week high of $0.71 and 5% above its 12-month low of $0.07. The shares are down by over -82.07% in the last three months, and the RSI indicator value of 36.48 is neither bullish nor bearish, tempting investors to stay on the sidelines.
Mast Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops therapies for serious or life-threatening diseases with significant unmet needs. The company’s lead product candidate is MST-188 (vepoloxamer), an injection used for the treatment of sickle cell disease, arterial disease, and heart failure. It also develops AIR001, a sodium nitrite solution for intermittent inhalation via nebulizer, as well as for the treatment of heart failure with preserved ejection fraction. The company was formerly known as ADVENTRX Pharmaceuticals, Inc. and changed its name to Mast Therapeutics, Inc. in March 2013. Mast Therapeutics, Inc. was founded in 1995 and is headquartered in San Diego, California.