3 Stocks With Negative ROA: Rock Creek Pharmaceuticals Inc (RCPI), Net Element International Inc (NETE), And Synthetic Biologics Inc (SYN)
New York, NY – GDP INSIDER – 01/28/2015.
Rock Creek Pharmaceuticals Inc (NASDAQ:RCPI)’s ROA stands dangerously at -538.60%. The stock had nothing to hold it up in the last session, falling 3.63% to end the day in the red at $0.181. The dull day for the pharmaceutical company saw less than average volume shifting hands at 369,922 against the daily average of 1.08 million shares. The 52-week range of the stock is $0.17 and $0.20. RCPI’s shares opened the session at $0.19 but was down 4.44% from that opening price at the end of the session. The stock stood 39% above its 52-week low and 83.27% below its 52-week high at the end of the session.
Net Element International Inc (NASDAQ:NETE) has a ROA of 196.70%. The stock rallied upward $3.57% to add $0.04 per share and closed at $1.16 in yesterday’s session. NETE was traded in the range of $1.11 low and $1.22 high, having opened the session at $1.11. Around 334,400 shares exchanged hands way above the average daily volume of 288,323 shares. NETE saw its market cap up to $51.1 million following the gain. The stock was up 32.77% from its 52-week low and placed it 79.68% below its 52-week high.
Net Element International Inc (NASDAQ:NETE) is one of the technology providers taking a bite from Apple Inc. (NASDAQ:AAPL)’s golden mobile payment service, Apple Pay. NETE endorsed Apple Pay and said it would enable merchants using its POS platform to accept Apple Pay in their stores.
Synthetic Biologics Inc (NYSEMKT:SYN)’s ROA is -163.60%. The stock traded south 0.57% to $1.73 in yesterday’s session, having opened the session at $1.74. The biotech stock traded between a $1.65 and $1.75 in yesterday’s session. The yesterday’s closing price left the stock 49.14% above its 52-week low and 52.47% below its 52-week high. Synthetic Biologics Inc (NYSEMKT:SYN) shifted 638,296 shares, against the daily average of 656,813 on day that saw its market cap falling to $126.91 million.
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