STOCKS TELEGRAPH

Author: ST Staff

  • Market Sentiment Mixed but there are Winners

    Market Sentiment Mixed but there are Winners

    The markets are headed to a mixed start to the week. The S&P 500 and the Dow are both in the red with the NASDAQ up marginally. The subdued sentiment is a reflection of activity in the European markets. Stocks in Europe are in the red as data shows a resurgence in COVID-19 cases. Essentially, this means that the world, including the U.S, is yet to fully control the pandemic.

    For the markets, this means a prolonged period of uncertainty and economic weakness. The Federal Reserve has already announced that it was projecting that the COVID-19 would continue to have a negative impact on the economy in the foreseeable future. Investors are looking to a future where subdued economic activity could potentially lead to a correction.

    Nonetheless, the U.S economy continues to show resilience. Even without an economic stimulus package from the government, the U.S economy continues to show signs of recovery in September.  This is an indicator that the underlying fundamentals are strong and that a new stimulus package or a COVIDD-19 vaccine could reignite the economy.

    In this environment of cautious optimism, there are stocks that are outperforming the market by a huge margin. In today’s session, some of the stocks showing signs of a major upside when markets open are as below:

    Immutep Limited [NASDAQ: IMMP]

    Immutep Limited is one of the top performers this morning and is up by close to 20%. This follows the company’s announcement of an improvement in results from stage 1 of its phase 2 TACTI-002 study. The company’s CMO Dr Fredric Triebel stated that by combining efti and pembrolizumab had shown good progress in people with HNSCC and NSCLC. The progress also attracted positive comments from external players. Commenting on it, principal investigator Dr Martin Forster of the University College London Hospital stated the results they received were encouraging.

    ClearOne Inc [NASDAQ: CLRO]

    This is another top performer this morning and is up by over 10%. This comes days after the company announced that it had priced $5.3 million direct offerings as per NASDAQ rule. The company announced that it would use money from the placement as working capital and other corporate purposes.

    Pivotal Investment Corporation II [NYSE: PIC]

    Pivotal Investment Corporation is another top performer this morning and is up by over 20% pre-market. This follows the company’s announcement that it was merging with XL Fleet, a commercial vehicle electrification company for listing on the NYSE. It is an interesting merger given XL’s growing demand and growing revenues.

  • 10 Trending Stocks In Business Equipment And Supplies Industry

    10 Trending Stocks In Business Equipment And Supplies Industry

    The growing trends of the fourth industrial revolution have changed the way we work and how we engage with our customers. The Business Supplies and Equipment Industry comprised of companies that make a variety of products for a diverse customer base.

    The business supplies industry is engaged in the manufacturing and selling of integrated furniture settings, high-performance products, user-centered technologies, and interior architectural products which are necessary for any business setting.

    In order for a business to run smoothly, there are some important supplies office workers or your customer needs. Business supplies include the short term assets which are used within a year and equipment are long-term assets that are used over many years.

    So to choose the best companies for business supplies and equipment is the top priority of many businesses.  Here are the top 10 companies in Business Supplies and Equipment Industry that are providing the essential supplies and equipment necessary for any business:

    Herman Miller Inc. (NASDAQ: MLHR)

    Herman Miller Inc. (NASDAQ: MLHR) shares were trading up 33.47% at $34.55 at the time of writing on Thursday. Herman Miller Inc. (NASDAQ: MLHR) share price went from a low point around $14.39 to briefly over $49.87 in the past 52 weeks, though shares have since pulled back to $34.55. MLHR market cap has remained high, hitting $1.99B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Herman Miller Inc. disclosed that it has decided to expand its retail presence this fall with the unveiling of its first concept stores completely dedicated to high-performance task chairs and products that support the home office.  If we look at the recent analyst rating MLHR, Sidoti upgraded coverage on MLHR shares with a Buy rating and a $31.50 price target, which implies room for -3.05% downside momentum this year.

    Pitney Bowes Inc. (NYSE: PBI)

    Pitney Bowes Inc. (NYSE: PBI) stock drop by -0.36% to $5.59. The most recent rating by National Securities, on August 03, 2020, is at a Buy. Pitney Bowes Inc. (PBI) has earlier revealed the pricing adjustments for its domestic and cross-border delivery and returns services for the peak holiday shipping season. The company disclosed that the pricing changes will be applied as flat, easy-to-understand, per-parcel adjustments, not to exceed $1.50 per parcel.

    Cardtronics plc (NASDAQ: CATM)

    Cardtronics plc (NASDAQ: CATM) last closed at $20.66, in a 52-week range of $15.71 to $47.41. Analysts have a consensus price target of $33.33. Cardtronics plc (CATM) has earlier provide an update on recent business performance. Cardtronics plc continues to see improvement in its business across geographies as governments further relax and remove restrictions implemented to reduce the spread of COVID-19. This company has a total market capitalization of $932.18 million.

    ACCO Brands Corporation (NYSE: ACCO)

    ACCO Brands Corporation (NYSE: ACCO) Shares headed rising, higher as much as 3.16% after ACCO Brands Corporation has announced the participation in Virtual Sidoti Fall Conference. The most recent rating by Barrington Research, on February 14, 2019, is at an Outperform. It has a market capitalization of $1.37 billion.

    Steelcase Inc. (NYSE: SCS)

    Steelcase Inc. (NYSE: SCS) last closed at $12.04, in a 52-week range of $7.02 to $23.02. Steelcase Inc. has moved up 71.51% from its 52-weeks low and moved down -47.70% from its 52-weeks high. Analysts have a consensus price target of $12.00. Steelcase Inc. market cap has remained high, hitting $1.37 billion at the time of writing,

    Knoll Inc. (NYSE: KNL)

    Knoll Inc. (NYSE: KNL) rose 19.29% after gaining more than $2.22 on Thursday. Knoll Inc. (KNL) share price went from a low point around $7.74 to briefly over $28.30 in the past 52 weeks, though shares have since pulled back to $13.73. Knoll Inc.’s market cap has remained high, hitting $690.62 million at the time of writing. Looking at its liquidity, it has a current ratio of 1.40.

    Avery Dennison Corporation (NYSE: AVY)

    Avery Dennison Corporation (NYSE: AVY) stock soar by 0.28% to $128.69. The most recent rating by JP Morgan, on July 28, 2020, is at a Neutral. In the past 52-weeks of trading, Avery Dennison Corporation (AVY) stock has shown the 52-weeks low range of $76.96 and a high range of $141.09. It has moved up 67.22% from its 52-weeks low and moved down -8.79% from its 52-weeks high. This company’s market capitalization has remained high, hitting $10.40 billion.

    HNI Corporation (NYSE: HNI)

    HNI Corporation (NYSE: HNI) shares headed rising, higher as much as 8.65%. The most recent rating by The Benchmark Company, on May 22, 2020, is at a Buy. HNI Corporation (HNI) share price went from a low point around $16.60 to briefly over $42.90 in the past 52 weeks, though shares have since pulled back to $33.16. HNI Corporation’s market cap has remained high, hitting $142 billion at the time of writing. Looking at its liquidity, it has a current ratio of 1.20.

    Ennis Inc. (NYSE: EBF)

    Ennis Inc. (NYSE: EBF) rose 0.91% after gaining more than $0.16 on Thursday. In the past 52-weeks of trading, Ennis Inc. (EBF) stock has shown the 52-weeks low range of $13.98 and a high range of $22.21. It has moved up 27.18% from its 52-weeks low and moved down -19.95% from its 52-weeks high. This company’s market capitalization has remained high, hitting $462.99 Million.

    Veritiv Corporation (VRTV)

    Veritiv Corporation (VRTV) last closed at $15.80, in a 52-week range of $5.70 to $24.66. Veritiv Corporation (VRTV) has moved up 177.19% from its 52-weeks low and moved down -35.93% from its 52-weeks high. Veritiv Corporation market cap has remained high, hitting $244.43 Million at the time of writing,

  • Cardiff (NASDAQ: CRDF) Confirms Efficacy Of Onvansertib In Colorectal Cancer

    Cardiff (NASDAQ: CRDF) Confirms Efficacy Of Onvansertib In Colorectal Cancer

    Shares of Cardiff Oncology, Inc. (NASDAQ: CRDF) were traded up 39.59% after it announced that Onvansertib has shown the clinical benefit in colorectal cancer. The company has presented data of Ovansertib at the European Society of Medical Oncology Virtual Congress. Cardiff Oncology is currently engaged in the Phase 1b/2clinical trial of Ovansertib Metastatic KRAS-mutated Colorectal Cancer.

    In the Phase, 1b/2 study the company has checked the safety and preliminary efficacy of onvansertib in combination with FOLFIRI and bevacizumab in second-line KRAS-mutated metastatic colorectal cancer. The Trial volunteers are treated with onvansertib on Days 1-5, and FOLFIRI and bevacizumab on Day 1, of 14-day treatment courses.

    The company has disclosed that it has observed the benefit of treatment and during the treatment, the company saw no progression in the disease. The efficacy data gave the company a green signal to continue the trial.

    Cardiff disclosed that 91% of patients have shown the positive result after receiving the treatment and only one patient progressing in less than six months while on treatment. 5 (45%) patients have attained partial response (PR). 73% of the patients have shown durable responses ranging from 6 to >12 months and 4 patients remain on treatment. Onvansertib in combination with FOLFIRI/bevacizumab is safe and well-tolerated.

    The first two onvansertib dose levels (12 and 15 mg/m2) have got the green signal. Additionally, four patients have received the onvansertib dose level of (18 mg/m2) and two more will be enrolled.

    Cardiff Oncology, Inc. (NASDAQ: CRDF) shares were trading up 339.59% at $8.11 at the time of writing on Thursday. Cardiff Oncology, Inc. (CRDF) share price went from a low point around $0.70 to briefly over $8.29 in the past 52 weeks. It has moved up 1056.92% from its 52-weeks low and moved down -2.17% from its 52-weeks high. Cardiff Oncology, Inc.’s market cap has remained high, hitting $197.48 million at the time of writing.

  • 12 Trending Stocks In Mining Industry To Watch

    12 Trending Stocks In Mining Industry To Watch

    One thing which is constant is change. The mining industry is considered to be among those industries that are implementing the new changes with the evolution of new technology. The use of technology has been developing in the mining industry since its establishment. We are in the era of the fourth industrial revolution. Digitization is considered to be a leading provider of technological evolution in the mining industry.

    This industry reach is so wide that the utilization rate of metal is the main factor that determines the health of the global economy. Digitization may have come a little later to the mining sector as compared to other sectors but this industry easily adopts it and implement it. The use of drones, AI, and 3D modeling is increasing in this sector.

    3D modeling techniques are helpful in the mining industry in the making of schematic before the construction of new mines. Similarly, AI also plays a very important role in this industry. This technology aids mining companies to organize, understand, and make decisions by analyzing the data they collect.

    Lets’ have a quick look to see the top 12 mining companies are using these technologies or not:

    Northern Dynasty Minerals Ltd. (AMEX: NAK)

    Northern Dynasty Minerals Ltd. (AMEX: NAK) shares were trading up 19.23% at $1.14 at the time of writing on Thursday. Northern Dynasty Minerals Ltd. (AMEX: NAK) share price went from a low point around $0.35 to briefly over $2.49 in the past 52 weeks, though shares have since pulled back to $1.14.

    Northern Dynasty Minerals Ltd. has confirmed that financial market participants can get an update on the company and its 100%-owned Pebble copper-gold-molybdenum-silver-rhenium project in southwest Alaska via two online presentations from its senior leaders this week. NAK market cap has remained high, hitting $583.20M.

    Vale S.A. (NYSE: VALE)

    Vale S.A. (NYSE: VALE) last closed at $11.88, in a 52-week range of $6.49 to $13.67. Analysts have a consensus price target of $15.08. Vale S.A. (VALE) revealed on Monday that it has decided to end production of manganese ferroalloys in the city of Simões Filho, in Bahia state. The company is anticipating closing the production by the end of the year.  The company is also focusing on the buyout program for its employees. If we look at its liquidity, it has a current ratio of 1.80. This company’s market capitalization is $59.17 billion.

    Teck Resources Limited (NYSE: TECK)

    Teck Resources Limited (NYSE: TECK) stock soar by 3.62% to $14.89. The most recent rating by National Bank Financial, on July 21, 2020, is at a Sector perform. Teck Resources Limited revealed earlier that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A.  have signed a long-term power purchase agreement to provide 100% renewable power for Teck’s Carmen de Andacollo Operation in Chile.  CdA will source 72 Megawatts (MW) (550 GWh/year) from AES Gener’s growing renewable portfolio of wind, solar and hydroelectric energy.

    BHP Group (NYSE: BHP)

    BHP Group (NYSE: BHP) shares headed falling, lower as much as -0.70%. The most recent rating by Goldman, on September 15, 2020, is at a Buy. BHP Group (BHP) is trying to disturb cultural sites even after concerns raised. BHP executives David Bunting, the company’s Australian Heritage Manager, and Libby Ferrari, Head of Indigenous Engagement, confirmed the application of BHP to disturb 40 sacred sites of the Banjima indigenous group as part of its $2.9 billion South Flank mine expansion in the Pilbara.

    Rio Tinto Group (NYSE: RIO)

    Rio Tinto Group (NYSE: RIO) last closed at $64.72, in a 52-week range of $35.35 to $66.55. Analysts have a consensus price target of $58.45. Previously, Rio Tinto Group (RIO) disclosed an update in respect of its beneficial ownership of common shares of Entrée Resources Ltd. held by its wholly-owned subsidiary Rio Tinto International Holdings Limited.

    Great Panther Mining Limited (AMEX: GPL)

    Great Panther Mining Limited (AMEX: GPL) Shares headed rising, higher as much as 0.98%. The most recent rating by ROTH Capital, on August 10, 2017, is at a Buy. Great Panther Mining Limited (GPL) has shared the publication of its first Sustainability Report showing the progress, initiatives, and commitments in the areas of health, safety, environmental, social, and governance management.

    America’s Gold and Silver Corporation (AMEX: USAS)

    America’s Gold and Silver Corporation (AMEX: USAS) stock drop by -1.92% to $3.07. America’s Gold and Silver Corporation (USAS) has announced a significant increase to Galena Complex Resource. America’s Gold and Silver Corporation market capitalization have remained high, hitting $356.78 million at the time of writing.

    BHP Group (NYSE: BBL)

    BHP Group (NYSE: BBL) fall -1.10% after losing more than -$0.51 on Thursday. BHP Group (NYSE: BBL) share price went from a low point around $23.64 to briefly over $48.67 in the past 52 weeks, though shares have since pulled back to $45.89. BHP Group market cap has remained high, hitting $130.14 billion at the time of writing. Focusing on its profitability, its return on assets, equity, and investment is 8.00%, 16.50%, and 14.70%.

    Lithium Americas Corp. (NYSE: LAC)

    Lithium Americas Corp. (NYSE: LAC) stock soar by 5.08% to $9.52. The most recent rating by ROTH Capital, on May 03, 2018, is at a Buy. In the past 52-weeks of trading, Lithium Americas Corp. (LAC) stock has fluctuated between the low range of $1.92 and a high range of $9.71. It has moved up 395.83% from its 52-weeks low and moved down 9.71% from its 52-weeks high. This company’s market capitalization has remained high, hitting $862.92 million at the time of writing.

    Ferroglobe PLC (NASDAQ: GSM)

    Ferroglobe PLC (NASDAQ: GSM) rose 6.45% after gaining more than $0.04 on Thursday. Ferroglobe PLC (GSM) share price went from a low point around $0.35 to briefly over $1.38 in the past 52 weeks, though shares have since pulled back to $0.70. Ferroglobe PLC’s market cap has remained high, hitting $121.24 million at the time of writing.

    Taseko Mines Limited (AMEX: TGB)

    Taseko Mines Limited (AMEX: TGB) last closed at $1.20, in a 52-week range of $0.20 to $1.19. Taseko Mines Limited (TGB) has moved up 500.00% and 0.84% from its 52-weeks low and 52-weeks high, respectively. This company’s market capitalization has remained high, hitting $299.77 million at the time of writing.

    Piedmont Lithium Limited (NASDAQ: PLL)

    Piedmont Lithium Limited (NASDAQ: PLL) Shares headed rising, higher as much as 32.53%. Piedmont Lithium Limited (PLL) share price went from a low point around $4.00 to briefly over $10.31 in the past 52 weeks, though shares have since pulled back to $11.00. Piedmont Lithium Limited market cap has remained high, hitting $127.08 million at the time of writing.

  • Top Stocks to Watch as Markets Head to a Weak Start

    Top Stocks to Watch as Markets Head to a Weak Start

    U.S stocks are headed for a bearish start to the day after yesterday’s statements by the Fed Monetary Committee on interest rates. Yesterday the Federal Reserve announced that it would keep interest rates as they are, while also offering a positive message on the direction of the U.S economy for the rest of the year. However, the Fed also announced that while the economy was recovering fast, the future remained uncertain.

    It also added that the country’s economic activity would continue to face challenges from the COVID-19 pandemic. This has sent the message that despite the easing of lockdowns, the pandemic will continue to be a dark cloud on the economy until a vaccine is found. As such, the fact that none has been found yet means that uncertainty could last for longer. That’s because even at the point that one is found, there still could be a period of uncertainty as countries move to distribute the doses to their population. Despite the bearish outlook in the day, the overall sentiment of the market remains bullish. It is for this reason that stocks that have positive news about them are gaining quite strongly in the day. Some of the top performers ahead of markets opening are as below:

    Enservco Corporation [NYSE: ENSV]

    Enservco Corporation is a top gainer this morning and is up by over 49%. This is largely price action-driven, as there is no news about the company at the moment.

    A month ago, the company announced its Q2 results and they reflected a slowdown in economic activity due to its economic activity. The company also stated that it was well-positioned to meet the company’s client base. The company also announced that it was refinancing its debt to improve its balance sheet.  With the COVID-19 wave slowing down globally, investors are likely to keep bidding up the price.

    Northern Dynasty Minerals Ltd [NYSE: NAK]

    Northern Dynasty Minerals Ltd is another top performer this morning and is up by over 35%. This is largely a price action move and comes days after the company’s CEO presented at the H.C Wainwright & Co. The fact that he touched on the company’s Pebble project continues to create excitement in the market.

    Sorrento Therapeutics Inc [NASDAQ: SRNE]

    Sorrento Therapeutics Inc is another top performer this afternoon and is up by over 32%. This follows the company’s announcement that it had got a study may proceed letter from the US FDA for its phase 1 clinical trial for its COVID-19 treatment called COVI-GUARD.

     

     

  • Top 20 Best Performing Entertainment Industry Stocks You Should Be Holding Right Now

    Top 20 Best Performing Entertainment Industry Stocks You Should Be Holding Right Now

    The entertainment industry is evolving at an unprecedented rate around the globe. Entertainment is known for its ability to adapt to and reflect quickly changing customer tastes. Currently, the entertainment industry has experienced major transformations. This industry is changing itself to improve customer experiences. Every sector knows this very well that to keep rising and to maintain competitiveness it is necessary to keep customers happy.

    The entertainment industry is experiencing major changes, and companies must know how to deal with convergence and use technology in innovative ways to gain a competitive edge. Companies must know how to deliver quality content while customizing the user experience. Change is a constant in this industry.

    Check out the top 20 best-performing companies in the entertainment industry:

    Comcast Corporation (NASDAQ: CMCSA)

    Comcast Corporation (NASDAQ: CMCSA) shares were trading up 0.75% at $46.81 at the time of writing on Wednesday. Comcast Corporation (NASDAQ: CMCSA) share price went from a low point around $31.70 to briefly over $47.74 in the past 52 weeks, though shares have since pulled back to $46.81. CMCSA market cap has remained high, hitting $210.72B at the time of writing, giving it a price-to-sales ratio of more than 2.

    Comcast Corp revealed that it has recently introduced streaming service Peacock. The company said that the Peacock has over 15 million sign-ups since its launch, a 50% increase since July 30. If we look at the recent analyst rating CMCSA, Pivotal Research Group reiterated coverage on CMCSA shares with a Buy rating and a $48.86 price target, which implies room for 2.05% upside momentum this year.

    Cinedigm Corp. (NASDAQ: CIDM)

    Cinedigm Corp. (NASDAQ: CIDM) last closed at $0.67, in a 52-week range of $0.25 to $6.00. Cinedigm Inks Multi-Year U.S. Content Deal With Nelvana. Cinedigm Corp. (CIDM) has signed a multi-year US content deal with Nelvana. Through this partnership, Cinedigm aimed to expand its reach so that both kids and their families can enjoy many of its beloved titles from its award-winning library. Cinedigm Corp. market cap has remained high, hitting $59.23 million at the time of writing.

    ViacomCBS Inc. (NASDAQ: VIAC)

    ViacomCBS Inc. (NASDAQ: VIAC) stock soar by 1.83% to $30.68. The most recent rating by Wells Fargo, on August 27, 2020, is at an Equal-weight. ViacomCBS Inc. (VIAC) has renamed streaming offering Paramount+ to leverage ‘Near-Universal Brand Recognition’. Paramount is a century-old brand that historically brought people together to enjoy excellent content. It has a market capitalization of $19.06 billion.

    Discovery Inc. (NASDAQ: DISCK)

    Discovery Inc. (NASDAQ: DISCK) shares headed rising, higher as much as 2.36% after Discovery announced the pricing terms of its cash Tender offers for five series of Notes Open to Retail Holders only. The most recent rating by Topeka Capital Markets, on April 25, 2016, is at a Hold. It has traded up 43.42% from its 52-weeks low and has traded down -29.07% from its 52-weeks low.

    Lions Gate Entertainment Corp. (NYSE: LGF-A)

    Lions Gate Entertainment Corp. (NYSE: LGF-A) shares headed rising, higher as much as 0.81% after the Debut of Starz original series “Power Book II: Ghost” drives a 42% increase in new sign-ups and sets an all-time viewership record on the Starz app. The most recent rating by Goldman, on July 13, 2020, is at a Neutral. Lions Gate Entertainment Corp. market capitalization has remained high, hitting $2.08 billion at the time of writing.

    Lions Gate Entertainment Corp. (LGF-B)

    Lions Gate Entertainment Corp. (LGF-B) last closed at $9.24, in a 52-week range of $3.87 to $10.85 after the Debut of Starz original series “Power Book II: Ghost” drives a 42% increase in new sign-ups and sets an all-time viewership record on the Starz app. Analysts have a consensus price target of $10.57. It has a total market capitalization of $1.27 billion at the time of writing.

    AMC Entertainment Holdings Inc. (NYSE: AMC)

    AMC Entertainment Holdings Inc. (NYSE: AMC) rose 4.35% after gaining more than $0.24 on Wednesday. AMC Entertainment Holdings Inc. (AMC) has announced that as of  September 12, the company will have resumed operations in more than 460 locations around the U.S., nearly 80% of the AMC circuit in the U.S. After opening its first two locations in New Jersey, AMC will soon be operating fully all its theatres in the state, with 24 theatres reopening this week and one theatre expected to open early next week.

    Discovery Inc. (NASDAQ: DISCA)

    Discovery Inc. (NASDAQ: DISCA) last closed at $24.27, in a 52-week range of $17.12 to $33.65. Analysts have a consensus price target of $24.55. Previously, Discovery Inc. announced the pricing terms of its previously announced transaction to purchase five series of outstanding senior notes issued by its wholly-owned subsidiary, Discovery Communications, LLC.

    Live Nation Entertainment Inc. (NYSE: LYV)

    Live Nation Entertainment Inc. (NYSE: LYV) stock soar by 1.90% to $59.97. The most recent rating by Berenberg, on March 31, 2020, is at a Hold. Live Nation Entertainment Inc. (LYV) has earlier activated concert venues as polling places and promotes voting engagement among fans and employees. Live Nation is working with local officials to examine the feasibility of using more than 100 Live Nation venues across the country as polling places. Its market capitalization is $12.98 billion at the time of writing.

    DISH Network Corporation (NASDAQ: DISH)

    DISH Network Corporation (NASDAQ: DISH) rose 1.53% after gaining more than $0.5 on Wednesday. DISH Network Corporation (DISH) has signed up Nokia to supply 5G core software. DISH is building its network ground up and has decided to chose non-traditional telecoms vendors and a new technology called Open Radio Access Network (RAN). This technology uses software to run network functions on the cloud, reducing the use of physical equipment.

    Eros International Plc (NYSE: EROS)

    Eros International Plc (NYSE: EROS) last closed at $2.61, in a 52-week range of $1.10 to $4.91. Analysts have a consensus price target of $4.50. Eros International Plc (EROS) has earlier revealed that it will change its corporate name to “Eros STX Global Corporation” effective on or about September 23rd, 2020. The Company also planned to start trading under the new ticker symbol “ESGC” on the NYSE effective on or about September 23rd, 2020.

    LiveXLive Media Inc. (LIVX)

    LiveXLive Media Inc. (LIVX) stock soar by 3.58% to $2.75. The most recent rating by DA Davidson, on December 20, 2019, is at a Buy. LiveXLive Media Inc. (LIVX) has officially opened Digital Pay-Per-View ticket sales for Pitbull’s exclusive virtual Tour which is to be held on October 10th and 17th.

    Genius Brands International Inc. (NASDAQ: GNUS)

    Genius Brands International Inc. (NASDAQ: GNUS) shares headed falling, lower as much as -1.87%. Genius Brands International Inc. share price went from a low point around $0.05 to briefly over $11.73 in the past 52 weeks, though shares have since pulled back to $1.05. Genius Brands International Inc.’s market cap has remained high, hitting $236.76 million at the time of writing.

    Roku Inc. (NASDAQ: ROKU)

    Roku Inc. (NASDAQ: ROKU) rose 0.87% after gaining more than $1.47 on Wednesday. in the past 52-weeks of trading, Roku Inc. (ROKU) stock has fluctuated between the low range of $58.22 and a high range of $185.44. It has traded up 191.98% from its 52-weeks low and traded down -8.33% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 3.10. Roku Inc has a total market capitalization of $21.74 billion.

    The Walt Disney Company (NYSE: DIS)

    The Walt Disney Company (NYSE: DIS) last closed at $132.09, in a 52-week range of $79.07 to $153.41. Analysts have a consensus price target of $134.91. The Walt Disney Company (DIS) traded up 67.05% from its 52-weeks low and traded down -13.90% from its 52-weeks low. Looking at its liquidity, it has a current ratio of $1.30. The Walt Disney Company market capitalization has remained high, hitting $241.36 billion at the time of writing.

    Cinemark Holdings Inc. (NYSE: CNK)

    Cinemark Holdings Inc. (NYSE: CNK) stock soar by 0.89% to $12.50. The most recent rating by The Benchmark Company, on August 20, 2020, is at a Buy. Cinemark Holdings Inc. (CNK) share price went from a low point around $5.71 to briefly over $39.43 in the past 52 weeks, though shares have since pulled back to $2.50. Cinemark Holdings Inc.’s market cap has remained high, hitting $1.56 Billion at the time of writing.

    Netflix Inc. (NASDAQ: NFLX)

    Netflix Inc. (NASDAQ: NFLX) Shares headed falling, lower as much as -2.45%. The most recent rating by KeyBanc Capital Markets, on September 15, 2020, is at an Overweight. Netflix Inc. (NFLX) stock has fluctuated between the low range of $252.28 and a high range of $575.37. It has traded up 91.79% from its 52-weeks low and traded down -15.90% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 1.10. Netflix Inc. has a total market capitalization of $212.79 billion.

    Charter Communications Inc. (NASDAQ: CHTR)

    Charter Communications Inc. (NASDAQ: CHTR) stock soar by 1.21% to $630.07. The most recent rating by The Benchmark Company, on August 03, 2020, is at a Buy. Charter Communications Inc. (CHTR) share price went from a low point around $345.67 to briefly over $629.52 in the past 52 weeks, though shares have since pulled back to $630.07. Charter Communications Inc.’s market cap has remained high, hitting $129.64 Billion at the time of writing.

    Liberty Broadband Corporation (NASDAQ: LBRDK)

    Liberty Broadband Corporation (NASDAQ: LBRDK) rose 1.19% after gaining more than $1.69 on Wednesday. Liberty Broadband Corporation (LBRDK) stock has fluctuated between the low range of $86.20 and a high range of $146.84. It has traded up 67.39% from its 52-weeks low and traded down -1.74% from its 52-weeks high. Liberty Broadband Corporation has a total market capitalization of $22.07 billion.

    Dolby Laboratories Inc. (NYSE: DLB)

    Dolby Laboratories Inc. (NYSE: DLB) shares headed rising, higher as much as 0.70%. The most recent rating by B. Riley FBR, on August 04, 2020, is at a Neutral. hare price went from a low point around $44.68 to briefly over $73.94 in the past 52 weeks, though shares have since pulled back to $66.13. Dolby Laboratories Inc.’s market cap has remained high, hitting $6.61 Billion at the time of writing.

  • Here’s Top 10 Specialty Business Services Industry Stocks

    Here’s Top 10 Specialty Business Services Industry Stocks

    The business services industry includes a wide range of services. The companies which come in the specialty services industry provide services to the commercial or business market, including information distribution, warehousing, accounting, printing, graphic design, and various other services. The business sector is continuously changing as new technologies are evolving.

    Companies always faced market pressure to gain and maintain competitiveness. The best way to gain and maintain a competitive edge is to provide the best services and meet the needs of customers.  Great leaders are always looking forward, looking to see how markets, technology, and consumer behavior will shift over time.

    Here’s a list of the top 10 companies in the specialty services industry:

    Eastman Kodak Company (NYSE: KODK)

    Eastman Kodak Company (NYSE: KODK) shares were trading up 36.60% at $8.51 at the time of writing on Wednesday. Eastman Kodak Company (NYSE: KODK) share price went from a low point around $1.50 to briefly over $60.00 in the past 52 weeks, though shares have since pulled back to $8.51. KODK market cap has remained high, hitting $595.27M at the time of writing, giving it a price-to-sales ratio of more than 0. Kodak has cleared itself of wrongdoing in the CEO stock options scandal. The investigation revealed that while internal procedures should be updated, there was nothing wrong with Kodak issuing its CEO and other options for millions of shares the day before it announced the loan.

    Global Payments Inc. (NYSE: GPN)

    Global Payments Inc. (GPN) last closed at $175.79, in a 52-week range of $105.54 to $209.62. Analysts have a consensus price target of $207.77. It has traded up 66.56% from its 52-weeks low and traded down -16.14% from its 52-weeks high. Global Payments Inc. (GPN) has earlier participated in J at the J.P. Morgan U.S. All-Stars Conference on Tuesday, September 15, 2020. This company’s market capitalization is $53.21 billion.

    R. Donnelley & Sons Company (NYSE: RRD)

    R. Donnelley & Sons Company (NYSE: RRD) stock soar by 0.73% to $1.38. The most recent rating by Buckingham Research, on September 04, 2018, is at a Buy. R. Donnelley & Sons Company (RRD) disclosed that it has entered into an agreement to sell its DLS Worldwide Logistics business to TFI International for $225 million in cash. R. Donnelley & Sons Company market capitalization has remained high, hitting $97.69 million.

    PAE Incorporated (NASDAQ: PAE)

    PAE Incorporated (NASDAQ: PAE) Shares headed falling, lower as much as -0.30%. The most recent rating by Raymond James, on June 16, 2020, is at an Outperform. PAE Incorporated (PAE) is scheduled to participate Morgan Stanley Virtual 8th Annual Laguna Conference on September 17, 2020. This company has a total market capitalization of $894.28 million.

    Copart Inc. (NASDAQ: CPRT)

    Copart Inc. (NASDAQ: CPRT) Shares headed rising, higher as much as 0.16%. The most recent rating by Northcoast, on August 19, 2020, is at a Neutral. Copart Inc. (CPRT) share price went from a low point around $55.69 to briefly over $110.00 in the past 52 weeks, though shares have since pulled back to $105.25. Copart Inc.’s market cap has remained high, hitting $24.70 billion at the time of writing.

    IAA Inc. (NYSE: IAA)

    IAA Inc. (NYSE: IAA) rose 0.77% after gaining more than $0.4 on Wednesday. In the past 52-weeks of trading, IAA Inc. (IAA) this company stock fluctuated between the low range of $21.79 and a high range of $54.29. It has moved up 139.79% from its 52-weeks low and moved down -3.76% from its 52-weeks high. If we look at its liquidity, it has a current ratio of 2.30. IAA Inc. market capitalization has remained high, hitting $165.30 million at the time of writing.

    Team Inc. (NYSE: TISI)

    Team Inc. (NYSE: TISI) last closed at $6.31, in a 52-week range of $3.75 to $19.00. Analysts have a consensus price target of $9.75. Team Inc. (TISI) has moved up 68.27% from its 52-weeks low and moved down -66.79% from its 52-weeks high. If we look at its liquidity, it has a current ratio of 2.10. Team Inc. market capitalization has remained high, hitting $195.86 million at the time of writing.

    PaySign Inc. (NASDAQ: PAYS)

    PaySign Inc. (NASDAQ: PAYS) stock soar by 4.39% to $5.95. The most recent rating by Ladenburg Thalmann, on August 17, 2020, is at a Neutral. PaySign Inc. (PAYS) share price went from a low point around $3.63 to briefly over $12.44  in the past 52 weeks, though shares have since pulled back to $5.95. PaySign Inc.’s market cap has remained high, hitting $299.70 Million at the time of writing.

    BrightView Holdings Inc. (NYSE: BV)

    BrightView Holdings Inc. (NYSE: BV) rose 0.17% after gaining more than $0.02 on Wednesday. BrightView Holdings Inc. (BV) stock fluctuated between the low range of $6.85 and a high range of $19.67. It has moved up 77.23% from its 52-weeks low and moved down -38.28% from its 52-weeks high. If we look at its liquidity, it has a current ratio of 1.40. BrightView Holdings Inc.’s market capitalization has remained high, hitting $1.29 Billion at the time of writing.

    Cintas Corporation (NASDAQ: CTAS)

    Cintas Corporation (NASDAQ: CTAS) last closed at $326.21, in a 52-week range of $154.33 to $344.97. It has moved up 111.37% from its 52-weeks low and moved down -5.44% from its 52-weeks high. If we look at its liquidity, it has a current ratio of 2.60. Cintas Corporation’s market capitalization has remained high, hitting $33.40 Billion at the time of writing. Analysts have a consensus price target of $306.00. Cintas Corporation (CTAS)

     

  • Herman Miller (NASDAQ: MLHR) Announces First Quarter Fiscal 2021 Results

    Herman Miller (NASDAQ: MLHR) Announces First Quarter Fiscal 2021 Results

    Herman Miller, Inc. (NASDAQ: MLHR) shares traded up 4.04% after it has announced the first quarter Fiscal 2021 results. The company has reported a Gross Margin of 39.9% which shows an increase of 320 basis points from last year. It has recorded the sales of $626.8 as compared to the $670.9 sales of the previous year. Consolidated net sales for the quarter were decreased by 7% as compared to last year and decreased 3% organically.

    Herman Miller, a Michigan-based furniture company gave the credit of its strong financial results to its diversified business model and its ability to act quickly in this critical time. This quarter strong performance proved that the company has a strong strategy. It has also embraced the multi-channel go-to-market approach which helps the company to provide the best services to its customers.

    Furniture Company has reported the $556.0 orders as compared to the $676.7 orders of the previous year. Orders in the quarter were dropped 18% in contrast to the earlier year on a reported basis and dropped 24% organically. The company said that the investments it has made in people, technology, and products help it to take advantage of emerging opportunities. This is because the needs of our customers have changed rapidly since the start of the COVID-19 crisis.

    Herman Miller, Inc. (NASDAQ: MLHR) shares were trading up 4.04% at $25.89 during the trading session of Wednesday.  Herman Miller’s share price went from a low point around $14.39 to briefly over $49.87 in the past 52 weeks. It has moved up 79.88% from its 52-weeks low and moved down -48.10% from its 52-weeks high. MLHR market cap has remained high, hitting $1.49 billion at the time of writing. If we look at its liquidity, it has a current ratio of 1.80.

    Now turning our focus on its retail segment, as its retail business was successful this quarter, with orders increases an impressive 40% over last year. The demand for the home office category saw an increase of 300% over the last year. While the North America segment has bear the shock of COVID-19 on overall demand levels, reporting a year-over-year drop of 40%. The company’s international segment has observed an increase in the overall demand level.

    The company has reported an operating margin of 15.2% which is more than the 9% operating margin of the same quarter of last year. Herman Miller’s operating expenses were less than the previous year’s operating expenses. It has recorded the operating expenses of $155.8 this quarter as compared to the $184.2 operating expenses of the same quarter of last year.

    Herman Miller has reported an earnings per share of $1.24 on both a reported and adjusted basis for the quarter, which exhibited a Y/Y increase of 53.1% on a reported basis and 47.6% on an adjusted basis. MLHR has earlier launched a series of special edition chairs for the gaming community. The special edition chairs are starting with the iconic Aeron Chair. Aeron is considered to be the number one chair and it is the choice of many superstar gamers.

     

  • Why Plus Therapeutics Inc [NASDAQ: PSTV] Is a Good Buy at Current Prices

    Why Plus Therapeutics Inc [NASDAQ: PSTV] Is a Good Buy at Current Prices

    Plus Therapeutics Inc [NASDAQ: PSTV] has been trading in a bullish channel for months now. Yesterday, the stock gained some more upside momentum and closed the day with gains of 24%. Yesterday’s rally followed the company’s announcement that it had got fast track designation from the U.S FDA for its new Glioblastoma treatment.

    With the fast track designation, the company will now have access to a number of benefits. For starters, it will be in a position to hold more regular meetings with the FDA on issues touching on its drug development process.

    The company will also have regular communication from the FDA on many issues including the design of its upcoming clinical trials and the biomarkers that it will use in its process. On top of that, the company will be eligible for accelerated review and approval whenever it meets the laid down criteria.

    Most importantly, the company will be in a position to submit sections of its new drug application whenever they are completed rather than waiting for the entire application to be reviewed by the FDA. This puts the company in an advantageous position in its quest to develop and sell its new treatment for Glioblastoma.

    Commenting on the  fast track designation, the company CEO,  Dr,  Marc Hedrick stated that the award of a fast track designation was a validation of the company’s treatment’s potential for people suffering from recurring cases of glioblastoma, and do not have any viable treatment options at the moment. He added that now that the company had received the fast track designation, it planned on moving the trial to cohort, a major step toward making the new therapy a reality.

    From an investor perspective, the FDA fast track designation means that the company is close to unlocking a new revenue stream. This would have the effect of driving up the company’s value and the stock price. For this reason, buyers are likely to keep bidding up this stock in the near-term.

    The stock is also likely to be the uplifted by the increased optimism in the market. Stocks are on the rise on hopes of a potential COVID-19 vaccine in the near-term. In this environment, any stock that has good fundamentals stands to gain at a higher rate than the rest of the market.

    About Plus Therapeutics Inc

    Plus Therapeutics Inc is a pharmaceutical company that develops treatments for cancer and other ailments. It is based in Austin, Texas.

     

  • Stocks to Watch as Markets Look Set for a Calm, Boring Day

    Stocks to Watch as Markets Look Set for a Calm, Boring Day

    The markets are calm this morning, but they are largely positive. Investors are awaiting news from the ongoing Federal Reserve policy meeting. Part of the calm stems from the fact that the markets are not expecting much of a change from the Fed’s earlier stance on its inflation policy. Earlier, the Federal Reserve chairman Jerome Powell had stated that the Fed was implementing a new policy that it’s calling Average Inflation Targeting. Through this policy, the Federal Reserve is ready to allow prices to rise above the 2% target for some time, and use this to compensate for when inflation has to run below the targeted levels for extended periods. Since there are no expectations of a change from this stance from the current meeting, it has not created any kind of volatility in the markets. Nonetheless, the momentum is largely positive at the moment. The markets are still riding on the increased possibility of a COVID -19 vaccine coming out before the end of the year.  This would help drive up the economy to match the momentum that has been experienced in the equity markets over the last 5 months during the pandemic. Despite the relative calmness in the markets, there are stocks that are gaining faster than the overall market. Some of the best-performing stocks today ahead of markets opening are as below:

    Tiziana Life Sciences PLC [TLSA]

    Tiziana Life Sciences PLC is a top gainer this morning and is up by over 10% and gaining. This follows the company’s announcement that following a strategic review, it was demerging its StemPrintER and SPARE genomics business into a different listed company, called Accustem. The company stated the move would allow Accustem to commercialize the StemPrintER technology with cash of about a million pounds. It’s a move that unlocks value for the company’s shareholders.

    Eastman Kodak [NYSE: KODK]

    Eastman Kodak is another top gainer this morning and is up by over 50%. This follows the company’s announcement that it was actively addressing allegations that it had mishandled the stock option grants for its CEO just before it announced the loan awarded by the U.S government. The company has stated that it had agreed to act on a report on this process, and that includes a reorganization of the board.

    Myomo Inc [NYSE: MYO]

    Myomo Inc is a top performer this morning and is up by over 40%. This follows the company’s announcement that it had been certified as a Medicare provider. This will enable the company to bill Medicare directly when delivering its services in Washington DC, and in 39 States.