Could Ocata Therapeutics Inc(OTCMKTS:OCAT), ImmunoCellular Therapeutics Ltd(NYSEMKT:IMUC), and Hooper Holmes, Inc.(NYSEMKT:HH)Dominate Their Respective Industries?
New York, NY – GDP INSIDER – 11/21/2014.
This article discusses three companies: Ocata Therapeutics Inc(OTCMKTS:OCAT), ImmunoCellular Therapeutics Ltd(NYSEMKT:IMUC), and Hooper Holmes, Inc.(NYSEMKT:HH)
Ocata Therapeutics Inc(OTCMKTS:OCAT) is a Massachusetts-based biotechnology company that develops and commercializes human pluripotent stem cell technology in the regenerative medicine field. The company is currently conducting clinical trials for the treatment of dry age-related macular degeneration. The stock has traded within a range of $4.95 to $12.73 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $6.38 after a twelve cent loss. These figures suggest that investor confidence in Ocata Therapeutics is declining.
ImmunoCellular Therapeutics Ltd(NYSEMKT:IMUC) reported a net loss of $1.9 million, or $0.03 per share, for the third quarter on Nov. 10th, 2014. This figure is one-half of the company’s $3.8 million loss recorded during the third quarter of fiscal year 2013. The company, which has a market capitalization of $40.45 million, had a trading volume of 0.24 million yesterday. This figure, which is 0.20 million lower than its three month average trading volume of 0.44 million, suggests that investor interest in ImmunoCellular Therapeutics is falling.
Hooper Holmes, Inc.(NYSEMKT:HH) announced a consolidated revenue of $7.9 million for the third quarter of fiscal year 2014. This figure represents a $2.7 million increase from the figure recorded during the same period of the previous fiscal year. The stock has traded within a range of $0.44 to $0.83 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $0.55 after a 3.1% loss. As with Ocata Therapeutics, it would appear that Hooper Holmes is on the decline.
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