How Are Elite Pharmaceuticals Inc(OTCBB:ELTP), Kips Bay Medical, Inc.(OTCMKTS:KIPS), and Advanced Micro Devices, Inc.(NYSE:AMD) Faring?
New York, NY – GDP INSIDER – 12/03/2014.
This article discusses three companies: Elite Pharmaceuticals Inc(OTCBB:ELTP), Kips Bay Medical, Inc.(OTCMKTS:KIPS), and Advanced Micro Devices, Inc.(NYSE:AMD)
Elite Pharmaceuticals Inc(OTCBB:ELTP) reported its financial results for second quarter fiscal 2015 on Nov. 18th, 2014. The figures included a consolidated revenue of $1.3 million, an 8% increase from the figure recorded during the same period of the previous fiscal year. Elite Pharmaceuticals finished yesterday’s trading at a closing price of $0.22 after a three cent gain, yet the stock has a one-year target estimate of $4.00. This makes the stock a potentially strong investment option.
Kips Bay Medical, Inc.(OTCMKTS:KIPS) traded for as little as $0.13 yesterday, a new 52 week low for the company that has a 52 week high of $0.99. The company had a trading volume of 0.11 million yesterday, a figure which is 0.02 million higher than its three month average volume of 0.09 million. Kips Bay Medical has a one-year target estimate of $3.00 and a beta of 2.82. The latter figure indicates that the stock is 182% more volatile than the market, making it an interesting day trading option.
Advanced Micro Devices, Inc.(NYSE:AMD) had a bid price of $2.00 x 2,000 and an offer price of $2.69 x 8,700 on Dec. 2nd, 2014, figures which indicate that the stock’s value may soon fluctuate. Additionally, the semiconductor company also has a beta of 2.56, indicating that the stock is 156% more volatile than the market. Advanced Micro Devices, which will be reporting its next earnings report on Jan. 20th, 2015, has a market capitalization of $2.08 billion and a price to earnings ratio (TTM) of $40.61.
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