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Tag: Medigus Ltd

  • What changed for these 50 stocks in Pre-Market Session?

    What changed for these 50 stocks in Pre-Market Session?

    Naked Brand Group Limited (NAKD) stock plunged -10.0% to $0.26 in the pre-market trading.

    Arcimoto Inc. (NASDAQ: FUV) shares are trading down -8.25% at $14.68 at the time of writing after Arcimoto and the city of Orlando launched a joint municipal pilot program to test ultra-efficient Electric Vehicles in city fleets. The company’s 52-week range was noted as $0.97 to $10.49. Analysts have a consensus price target of $8.

    HighPoint Resources Corporation (HPR) tumbled over -5.56% at $10.7 in pre-market trading today after Laredo Petroleum announced the appointment of Jarvis Hollingsworth and Lori Lancaster to the board of directors.

    Phoenix New Media Limited (FENG), an Internet Content & Information company, dropped about -4.29% at $2.23 in pre-market trading Friday after the company announced a special cash dividend of US$1.3712 per ADS.

    Ayro Inc. (AYRO) stock moved up 7.12 percent to $6.62 in the pre-market trading as the company revealed Q3 results.

    Titan Pharmaceuticals Inc. (TTNP) gained over 59.94% at $0.2735 in pre-market trading Friday 20 November 2020 following the announcement of its quarterly results.

    VAALCO Energy Inc. (EGY) is down more than -6.21% at $1.66 in pre-market hours Friday 20 November 2020 as the company announced that it has signed a sale and purchase agreement to acquire Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon. The stock had jumped over 31.11% to $1.77 in the last trading session.

    Before the trading started on 20 November 2020, CIIG Merger Corp. (CIIC) is down -3.18% to reach $16.46. It has been trading in a 52-week range of $9.30 to $13.70.

    Kandi Technologies Group Inc. (KNDI) stock plunged -1.53% to $14.19 in the pre-market trading as the news surfaced that the company’s EV is entitled to a $2,500 Rebate in Texas.

    Nano Dimension Ltd. (NASDAQ: NNDM) shares are trading down -28.33% at $4.2 at the time of writing after the company revealed it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company’s American Depositary Shares at a price of $4.00 per ADS pursuant to a registered direct offering. The company’s 52-week range was noted as $0.51 to $6.00. Analysts have a consensus price target of $8.

    Medigus Ltd. (MDGS) tumbled over -0.81% at $2.45 in pre-market trading today. Correction after the news that the company aimed to form a joint venture with EMuze founders to develop and potentially commercialize EV-based micro-mobility vehicles for urban and logistics transportation.

    TransAtlantic Petroleum Ltd. (TAT), an Oil & Gas E&P company, rose about 13.65% at $0.2839 in pre-market trading Friday as the company revealed its Q3 results as offered a business update.

    Hudson Capital Inc. (HUSN) stock moved down -6.69 percent to $2.51 in the pre-market trading after the report of Hudson Capital Inc. and FreightHub, Inc. progressed further with the planned merger.

    Youdao Inc. (DAO) lost over -2.21% at $29.25 in pre-market trading Friday 20 November 2020 after the company reported third-quarter 2020 unaudited financial results.

    Jumia Technologies AG (JMIA) is down more than -2.6% at $23.6 in pre-market hours Friday 20 November 2020 after the reported that the company is finally narrowing losses after the pandemic forced a strategy shift. The stock had jumped over 18.37% to $24.23 in the last trading session.

    Before the trading started on 20 November 2020, CBAK Energy Technology Inc. (CBAT) is down -3.43% to reach $7.33. It has been trading in a 52-week range of $0.36 to $11.40.

    Polar Power Inc. (POLA) stock plunged -3.15% to $4.0 in the pre-market trading. The most recent rating by ROTH Capital, on November 07, 2017, is at a Neutral.

    Westwater Resources Inc. (NASDAQ: WWR) shares are trading up 5.48% at $6.16 at the time of writing after the company revealed Q3 results and offered a business update. The company’s 52-week range was noted as $0.25 to $14.50.

    Oragenics Inc. (OGEN) tumbled over -18.33% at $0.4296 in pre-market trading today after the Company announced that it has commenced a proposed underwritten public offering of common stock of the Company.

    Euroseas Ltd. (ESEA), a Marine Shipping company, dropped about -22.56% at $3.09 in pre-market trading Friday after the firm posted results for the nine-month period and the quarter ended September 30, 2020.

    Fuel Tech Inc. (FTEK) stock moved up 4.5 percent to $1.16 in the pre-market trading as the company revealed Q3 earnings report.

    SPI Energy Co. Ltd. (SPI) lost over -3.1% at $8.45 in pre-market trading Friday 20 November 2020 after the firm closed the sale of a 1.015-megawatt solar project in Maui, Hawaii.

    SG Blocks Inc. (SGBX) is down more than -12.28% at $2.5 in pre-market hours Friday 20 November 2020 after the publications reported that SG Blocks to deliver up to 7,000 COVID-19 PCR tests per shift leveraging Its state-of-the-Art D-TEC module lab solutions. The stock had jumped over 8.78% to $2.85 in the last trading session.

    Before the trading started on 20 November 2020, Senmiao Technology Limited (AIHS) is down 0.0% to reach $1.16, as the company revealed that it has recently launched Xixingtianxia, its own proprietary online ride-sharing platform, to drivers and riders in Chengdu, China, one of its core cities with a population of approximately 16 million. It has been trading in a 52-week range of $0.26 to $2.35.

    Teligent Inc. (TLGT) stock soared 11.65% to $0.6 in the pre-market trading after the company revealed adjournment of a special meeting of stockholders. The most recent rating by Craig Hallum, on August 20, 2020, is at a Hold.

    Waitr Holdings Inc. (NASDAQ: WTRH) shares are trading up 13.45% at $3.88 at the time of writing after the company revealed a Q3 earnings beat. The company’s 52-week range was noted as $0.26 to $5.85. Analysts have a consensus price target of $8.

    Ocean Power Technologies Inc. (OPTT) grew over 7.43% at $2.17 in pre-market trading today after the company revealed receipt of a DeepStar project award to study the deployment and operational requirements of utilizing OPT’s PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production applications.

    Artelo Biosciences Inc. (ARTL), a Biotechnology company, rose about 42.51% at $0.8301 in pre-market trading Friday after the company announced receipt of the Clinical Trial Authorization in the UK for the Company’s Cancer Appetite Recovery Study.

    U.S. Energy Corp. (USEG) stock moved up 4.96 percent to $3.6 in the pre-market trading as the company revealed Q3 fiscal and operating results.

    Insignia Systems Inc. (ISIG) lost over -4.4% at $0.87 in pre-market trading Friday 20 November 2020 after the company revealed Q3 and nine months results.

    ADiTx Therapeutics Inc. (ADTX) is down more than -3.43% at $1.97 in pre-market hours Friday 20 November 2020. The stock had jumped over 5.70% to $2.04 in the last trading session. after company secures CLIA certification for AditxtScore Laboratory Operations in Richmond, VA, and plans to launch AditxtScore for COVID-19 as a lab-developed test.

    Before the trading started on 20 November 2020, FuelCell Energy Inc. (FCEL) is down -2.99% to reach $5.2 after the stock rally forced analysts to keep the stock status recommended. It has been trading in a 52-week range of $0.48 to $5.80.

    Lightbridge Corporation (LTBR) stock plunged -5.14% to $2.95 in the pre-market trading as the company revealed Q3 results.

    GSX Techedu Inc. (NYSE: GSX) shares are trading down -12.17% at $62.67 at the time of writing after the firm revealed its third-quarter 2020 results. The company’s 52-week range was noted as $14.21 to $141.78. Analysts have a consensus price target of $38.

    Reed’s Inc. (REED) tumbled over -21.09% at $0.5998 in pre-market trading today. Reed’s Inc after the company revealed outlook for fiscal 2021.

    Hibbett Sports Inc. (HIBB), a Specialty Retail company, rose about 6.81% at $45.0 in pre-market trading Friday after firm earnings results topped estimates.

    Amarin Corporation plc (AMRN) stock moved up 16.74 percent to $5.3 in the pre-market trading as the company shared topline data from the pivotal phase 3 study of VASCEPA® in mainland China.

    Ocugen Inc. (OCGN) gained over 6.48% at $0.34 in pre-market trading Friday 20 November 2020 as the company revealed a business update with Q3 results.

    Vaxart Inc. (VXRT) is up more than 0.51% at $5.94 in pre-market hours Friday 20 November 2020 after the company announced hosting a key opinion leader panel call for investors. The stock had jumped over 3.68% to $5.91 in the last trading session.

    Before the trading started on 20 November 2020, Spectrum Pharmaceuticals Inc. (SPPI) is down -2.12% to reach $4.15. It has been trading in a 52-week range of $1.74 to $10.57.

    Workday Inc. (WDAY) stock plunged -2.9% to $224.11 in the pre-market trading after the company announced fiscal 2021 third-quarter financial results. The most recent rating by Piper Sandler, on October 20, 2020, is at an Overweight.

    NovaBay Pharmaceuticals Inc. (AMEX: NBY) shares are trading up 16.24% at $0.68 at the time of writing as the company published its Q3 earnings report. The company’s 52-week range was noted as $0.24 to $1.94. Analysts have a consensus price target of $1.10.

    Seelos Therapeutics Inc. (SEEL) tumbled over -6.84% at $0.7521 in pre-market trading today after the company received US orphan drug designation for SLS-005 in Amyotrophic Lateral Sclerosis.

    Catalyst Pharmaceuticals Inc. (CPRX), a Biotechnology company, dropped about -2.71% at $3.23 in pre-market trading Friday after analysts changed forecast following an earnings beat.

    360 DigiTech Inc. (QFIN) stock moved up 9.21 percent to $13.52 in the pre-market trading as the company revealed third quarter 2020 Unaudited financial results.

    Lyft Inc. (LYFT) lost over -2.77% at $39.0 in pre-market trading Friday 20 November 2020 following a report that Motional got approval to test fully driverless vehicles in Nevada.

    Corbus Pharmaceuticals Holdings Inc. (CRBP) is down more than -2.48% at $1.18 in pre-market hours Friday 20 November 2020. The stock had jumped over 0.83% to $1.21 in the last trading session.

    Before the trading started on 20 November 2020, BOQI International Medical Inc. (BIMI) is down -2.2% to reach $1.78. It has been trading in a 52-week range of $1.50 to $7.40 following the announcement of its quarterly results.

    FireEye Inc. (FEYE) stock soared 13.97% to $16.23 in pre-market trading. The most recent rating by BMO Capital Markets, on July 29, 2020, is at a Market performance after the firm revealed the acquisition of respond software.

    Akerna Corp. (NASDAQ: KERN) shares are trading down -2.91% at $2.67 at the time of writing after the report that cannabis sales expected to reach approximately $270M over thanksgiving weekend. The company’s 52-week range was noted as $2.17 to $13.50. Analysts have a consensus price target of $18.

     

  • Medigus’ (NASDAQ: MDGS) ScoutCam Reports Success Of HD Micro Video Camera

    Medigus’ (NASDAQ: MDGS) ScoutCam Reports Success Of HD Micro Video Camera

    Medigus Ltd. (NASDAQ: MDGS) has announced Friday the success of its micro ScoutCam 8.0 HD in NASA’s third Robotic Refueling Mission. Medigus’s subsidiary ScoutCam Inc. is the leading developer and manufacturer of customized visual solutions. ScoutCam’s HD Micro Video Camera has achieved success in the third Robotic Refueling Mission (RRM3) of NASA, which was officially used in-orbit on October 19th-22st, 2020.

    Micro ScoutCam 8.0 HD includes one module comprised of HD cameras and illumination.  It was custom developed for NASA between 2015 and 2016 will serve on  Visual Inspection Poseable Invertebrate Robot 2 (VIPIR2) of NASA. VIPIR2 is the robotic tool that was launched to the International Space Station on December 5, 2018.

    Robotic Refueling Mission (RRM3) develops on the first two stages of International Space Station technology experiments that analyzed tools, technologies, and techniques to refuel and repair satellites in orbit. The second phase of the Robotic Refueling Mission used micro ScoutCam 1.2. It is the first generation of the company’s minuscule video camera.

    Medigus Ltd. (NASDAQ: MDGS) shares were trading up 17.71% at $2.81 at the time of writing on Friday. Medigus Ltd. (MDGS) share price went from a low point around $0.83 to briefly over $5.15 in the past 52 weeks. MDGS has a trading volume of 5.19 million as compared to the average volume of 4.41 million.  It has moved up 238.94% from its 52-weeks low and moved down -45.37% from its 52-weeks high. MDGS market cap has remained high, hitting $18.30 million at the time of writing.

    The company has announced that it’s a great achievement that micro ScoutCam 8.0 HD was proven to be very useful in the Robotic Refueling Mission of NASA. Medigus always aimed to provide cutting-edge technology to its customers and provide them a frictionless experience.

  • Medigus Ltd. (NASDAQ: MDGS) Increases Stake In Gix Internet

    Medigus Ltd. (NASDAQ: MDGS) Increases Stake In Gix Internet

    Medigus Ltd. (NASDAQ: MDGS), an Israel-based medical devices company has announced today that it has decided to increase its holding in leading Internet Company Gix. After increasing its stake in Gix, Medigus Ltd will hold approximately 33% in Gix and will become its largest stakeholder.

    Gix Internet Ltd. is a leading company in MarTech Solutions with a market capitalization of $10 million as of October 14, 2020. Gix Internet has reported the $18.5 million in revenue in the second quarter of 2020. This company is best known for providing its technologies over the internet on leading platforms including Apple, Verizon media group, and Google.

    Currently, this company is offering two major services. The first one is the distribution of free-of-charge desktop apps and browser add-ons to end-users. It also earns revenues from advertisements and Gix Content, a solution platform for publishers, personalized content ads, and banners per users’ preferences, based on Gix’s proprietary AI technologies.

    Medigus Ltd. (NASDAQ: MDGS) shares traded up 2.08% as it gained +0.06 during the trading session of Wednesday. It has a closing price of $2.95. In the past 52-weeks of trading, this company has recorded the 52-weeks low range of $0.83 and a high range of $5.15. Medigus has moved up 255.42% from its 52-weeks low and moved down -42.72% from its 52-weeks high. It had a trading volume of 3.19 million as compared to the average volume of 4.34 million. This company market capitalization has remained high, hitting $22.13 million at the time of writing.

    Medigus will use its right to convert its Linkury shares into ordinary shares of Gix Internet following the Securities Purchase Agreement between Medigus Ltd, Gix Internet Ltd, f/ k/a Algomizer Limited, and Linkury Ltd, on June 19, 2019. Medigus currently has the ownership of 793,448 Linkury Shares. As per the agreement, all of 793,448 Linkury Shares will be converted to 9,858,698 Ordinary Shares of Gix Internet.

  • Why Medigus Ltd (NASDAQ: MDGS) Stock Is Skyrocketing Today?

    Why Medigus Ltd (NASDAQ: MDGS) Stock Is Skyrocketing Today?

    Share of Medigus Ltd. (NASDAQ: MDGS) soared 65.61% on Tuesday after the company disclosed that it was informed by Smart Repair Pro, Inc. that it has received the approval of Amazon for the opening of its stores in five leading countries including France, Spain, Germany, Italy, and the UK. Smart Repair Pro is the data-driven e-commerce company that is currently operating in Amazon’s marketplace.

    Medigus, medical devices company has earlier announced that it has entered into the e-commerce business by signing the contract with Smart Repair Pro, Inc. and Purex, Inc. Medigus has bought the controlling interest in Smart Repair and Purex Inc. It has got the ownership of 50.01% of the issued and outstanding share capital of each of the companies. The closing of the agreement based on certain conditions.

    Medigus announced that it will invest $1,250,000 in the Companies, pay $150,000 in cash consideration to the current shareholders. It will issue $500,000 worth of restricted ADSs of Medigus to the current shareholders of such companies, with the value of restricted ADSs to be subject to downward adjustment based on the companies’ 2020 results.

    Shares of Medigus Ltd. (NASDAQ: MDGS) traded up 65.61% as it gained +1.24 on the trading session of Tuesday. It has a 52-weeks low range of $0.83 and a 52-weeks high range of $5.15. This company has traded up 277.11% from its 52-weeks low and moved down -39.22% from its 52-weeks high. This company has a total market capitalization of $14.48 million at the time of writing.

    Smart Repair Pro and Purex Inc. are currently engaged in the management of three successful brands on the Amazon marketplace. The e-commerce companies are offering a wide range of products to their customers. The initial information, these companies have provided to Medigus is that the revenue target of companies is approximately $3 million with a net profit of approximately 35% in 2020.

     

  • Stocks to Watch as Markets Rally to 5-weeks High on Stimulus Hopes

    Stocks to Watch as Markets Rally to 5-weeks High on Stimulus Hopes

    The equity markets are up this morning. The NASDAQ, the S&P 500, and the Dow are all at their highest levels in close to a month. This comes after renewed hopes of a stimulus deal between democrats and republicans to save the economy. The deal if agreed upon is likely to be actualized before Election Day.  The optimism around it has seen the markets rally despite worsening jobless numbers.

    The latest unemployment data shows that last week, the number of people filing for unemployment insurance benefits pushed through the 840k mark. Though the total numbers dipped from the 11 million high that was recorded in March at the height of the lockdowns, it still points to a relatively depressed economy. Optimism around an agreement increased after Nancy Pelosi met and discussed the package yesterday with Treasury Secretary Steven Mnuchin. Reports about the meeting state that Mnuchin stated that the President was much interested in reaching a deal.

    Analysts are looking forward to a deal, with Jeffrey Buchbinder of LPL Financial Equity stating that a deal would deliver a surprise to the markets in October. With optimism on the rise, there are stocks that are doing exceptionally well pre-market. Some of the biggest stock gainers this morning that could close the day in gains are as below:

    Medigus Ltd [NASDAQ: MDGS]

    Medigus is a top performer pre-market and is up by over 55% at the time of writing. This follows news that the company had entered into an e-commerce brand marketing on Amazon marketplace.  The company stated that it had entered into a definitive agreement to buy a majority stake in Smart Repair Pro Inc and Purex Inc.  These are data-driven eCommerce companies that run on the Amazon Marketplace. Under the deal, Medigus Ltd will have 50.01% in the two companies and will be paid for in cash and shares. Commenting on the development, Medigus CEO, Liron Carmel stated that the company was committed to growing its footprint in the eCommerce space.

    Pacific Drilling S.A. [NYSE: PACD]

    Pacific Drilling S.A. is another big gainer this morning and is up by over 15% pre-market. This is largely momentum-driven and follows the company’s announcement of strong Q2 results 4 days ago. The company reported that it had sales of $38.91 million and that earnings were up by 80.31% in the quarter.

    Sanchez Midstream Partners LP [NYSE: SNMP]

    Sanchez Midstream Partners LP is a top performer this afternoon and is up by over 200% this morning. This is largely a price action move and is backed by the improved sentiment in the overall market.