3 Hot Stocks: ZIOPHARM Oncology Inc.(ZIOP), LinnCo LLC(LNCO) and Globalstar, Inc.(GSAT)
New York, NY – GDP INSIDER – 01/22/2015.
This article discusses three companies: ZIOPHARM Oncology Inc.(NASDAQ:ZIOP), LinnCo LLC(NASDAQ:LNCO) and Globalstar, Inc.(NYSEMKT:GSAT)
ZIOPHARM Oncology Inc.(NASDAQ:ZIOP) saw a decline of 9.97% in value as the stock lost seventy-six cents to close its yesterday’s trading session at $6.86. The stock lost an additional eight cents during afterhours trading. Despite yesterday’s loss, the company has been doing well as it currently stands at a weekly performance of 19.51%, monthly performance of 60.66% and a quarterly performance of 177.73%. ZIOPHARM Oncology Inc closed its previous trading session above its 20-day simple moving average of 20.39%. Analysts at Griffin Securities hold a buy rating on the shares of ZIOPHARM Oncology Inc.
LinnCo LLC(NASDAQ:LNCO) had a trading volume of 1.98 million, which is substantially lower than its 3-month average trading volume of 3.35 million. The $1.18 billion market cap company, which traded within a range of $9.14 to $9.49 after opening the day at $9.21, jumped 1.53% to $9.30 during yesterday’s trading session. Recently, analysts at Zacks upgraded their rating on the stock from underperform to neutral at a set price target of $10.60, which analysts at Citigroup Inc reiterated their neutral rating on the shares of LinnCo LLC and lowered their price target from $22.75 to $11.
Globalstar, Inc.(NYSEMKT:GSAT) lost 3.50% to $0.09 per share during yesterday’s trading and closed its session at $2.48. However, the stock managed to gain 1.21% to $0.03 during afterhours trading. The stock has an insider ownership of 0.10%, 6-month change in insider ownership of 141.23% and an institutional ownership of 34.40%. The $2.20 billion market cap company, which had a trading volume of 2.27 million and 855.82 million shares outstanding, traded within a range of $2.43 to $2.60 during intraday trading yesterday. Analysts at Odeon hold a positive rating on the shares of Globalstar, Inc.
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