3 Declining Stocks: VIVUS, Inc.(NASDAQ:VVUS), Zogenix, Inc.(NASDAQ:ZGNX), and Plug Power Inc(NASDAQ:PLUG)

Posted by Saimoon January 14, 2015 0 Comment 1305 views


New York, NY – GDP INSIDER  –  01/14/2015.

This article discusses three stocks:  VIVUS, Inc.(NASDAQ:VVUS), Zogenix, Inc.(NASDAQ:ZGNX), and Plug Power Inc(NASDAQ:PLUG)

VIVUS, Inc.(NASDAQ:VVUS) slid 6.36% to $0.21 per share to close the day at new closing price of $3.09. The $345.49 million market cap company, which traded within a range of $3.03 to $3.36 after during intraday trading, is situated 13.60% above its 52-week low of $2.72 and 68.74% away from its 52-week high of $9.80. The ticker has one-year price target estimate of $5.58 and consensus rating of 1.67 or Hold. North Tide has recently become a new 10% stakeholder in VIVUS, Inc and now holds about 12.5 million in the company.

Is Now A Good Time To Buy VIVUS, Inc Shares? Find Out More In Our Free VVUS Analysis.

Zogenix, Inc.(NASDAQ:ZGNX) saw a decline of 2.90% during yesterday’s trading and closed the day at $1.34. The $0.04 lost in price moved the stock 25.23% above its 52-week low of $1.07 and 74.18% further away from its 52-week high of $5.19. The $215.21 million market cap company, which traded within a range of $1.31 to $1.40 during intraday trading, had a trading volume of 3.07 million and 153.04 million shares outstanding. Zogenix, Inc will release its 4Q14 earnings on March 3, 2015. The ticker has a beta of 2.19, meaning it is 119% more volatile than the market.

Is Zogenix, Inc On The Decline? Click Here To Read More About ZGNX.

Plug Power Inc(NASDAQ:PLUG) had a trading volume yesterday, a figure which is 2.36 million lower than its 30-day average trading volume of 5.65 million. The US based alternative energy provider has a market cap of $510.92 million and 173.13 million shares outstanding. According to its CEO, Andy Marsh, the company is on the right track to meet revenue of $130 million in 2015. Plug Power Inc currently stands at a monthly performance of 14.53% and YTD performance of -2.19%.

Will Plug Power Inc Meet Its Revenue Goal In 2015? Learn More About PLUG’s Trajectory In Our Free Investment Analysis.

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