Are Akorn, Inc. (AKRX), CONN’s, Inc. (CONN), and MABVAX THERAPEUTICS (MBVX) Smart Investment Options?
New York, NY – GDP INSIDER – 12/17/2014.
This investment analysis article discusses Akorn, Inc.(NASDAQ:AKRX), CONN’s, Inc.(NASDAQ:CONN), and MABVAX THERAPEUTICS(OTCMKTS:MBVX)
Akorn, Inc.(NASDAQ:AKRX) has traded within a range of $20.52 to $45.25 over the past 52 weeks, but finished yesterday’s trading at a closing price of $37.55 after a 5.46% loss of $2.17. Despite the loss, Akorn appears to be a relatively stable investment. This claim is further reinforced by the company’s beta of 0.38, which indicates that the stock is 62% less volatile than the market. Additionally, Akorn also had a bid price of $37.30 x 300 and an offer prices of $38.50 on Dec. 16th, 2014.
CONN’s, Inc.(NASDAQ:CONN) is currently facing a class action lawsuit from purchases of its securities between Sept. 2nd, 2014 and Dec. 9th, 2014. The claim of the lawsuit is that the company misled investors and did not properly inform them of the “deterioration” of its credit portfolio. The company traded for a new 52 week low of $14.02 yesterday, a market which is $66.32 below its high of $80.34 for the same period. The company has an earnings per share (TTM) of $1.92, a price to earnings ratio (TTM) of $7.37, and a market capitalization of $513.14 million.
MABVAX THERAPEUTICS(OTCMKTS:MBVX) was recently selected to make a presentation in the public company program at the BIOTECH Showcase event. During the presentation, which will be held on Jan. 14th, 2014 in the San Francisco Wyndham Hotel, the company will provide a corporate update. The company has an abysmal earnings per share (TTM) of $–11.18, which could scare off investors. Additionally, MabVax also has a one-year target estimate of $1.05, which is $1.20 below its current closing price of $0.90. Considering the fact that the stock lost ninety cents yesterday, caution is warranted.
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