Is Now The Time To Invest In Falconridge Oil Technologies Corp (FROT), CTI BioPharma Corp (CTIC), and Echelon Corporation (ELON)?
New York, NY – GDP INSIDER – 12/10/2014.
This article discusses three companies: Falconridge Oil Technologies Corp(OTCMKTS:FROT), CTI BioPharma Corp(NASDAQ:CTIC), and Echelon Corporation(NASDAQ:ELON)
Falconridge Oil Technologies Corp(OTCMKTS:FROT) has an earnings per share (TTM) of $–0.01. While this figure isn’t necessarily terrible, it is still a negative value. The company has a market capitalization of $56.86 million. Falconridge Oil Technologies has a three month average volume of 0.001 million. However, the company had a volume of 0.380 million yesterday. Simply put, trader interest in Falconridge, which finished yesterday’s trading at a closing price of $1.16 after a five cent gain, is rising.
CTI BioPharma Corp(NASDAQ:CTIC) presented data yesterday that showed that Pactritinib had overridden stromal mediated resistance in FLT3-ITD positive AML cells. The company’s stock rose sixteen cents to finish the day at a closing price of $2.50. CTI BioPharma had a trading volume of 2.60 million yesterday, which is 1.12 million higher than its three month average volume of 1.48 million. The company has a beta of 1.64, meaning the stock is 64% more volatile than the market.
Echelon Corporation(NASDAQ:ELON) has traded within a range of $1.67 to $4.18 over the past 52 weeks, yet the stock finished yesterday’s trading at a closing price of $1.75 after a three cent gain. While yesterday’s increase is certainly positive news for the company, it does not change the fact that Echelon is just eight cents above its 52 week low of $2.41 below its high for the same period. The company has an earnings per share (TTM) of $–0.60.
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