Is Now The Time To Invest In IMRIS Inc(NASDAQ:IMRS), Cerus Corporation(NASDAQ:CERS), orTribune Media Co(OTCMKTS:TRBAA)?
New York, NY – GDP INSIDER – 11/14/2014.
This article discusses three companies: IMRIS Inc(NASDAQ:IMRS), Cerus Corporation(NASDAQ:CERS), and Tribune Media Co(OTCMKTS:TRBAA)
IMRIS Inc(NASDAQ:IMRS)announced on Oct. 29th that it had opened a neurological suite at the Boca Raton Regional Hospital. The PR-related press release came one day after the company reported that its revenues for the third quarter had fallen from $17.8 million in 2013 to $6.9 million in 2014. The stock has traded within a range of $0.21 to $2.90 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $0.28. These figures suggest that IMRIS’s trading price, regardless of yesterday’s nominal increase, is declining.
Cerus Corporation(NASDAQ:CERS)reported its third quarter financial results on Nov. 4th, 2014. While the company did report a revenue of $10.4 million for the period, a $0.1 million decrease from third quarter 2013, this decline is quite marginal and the mark is, overall, a positive sign for Cerus Corporation. The stock has traded within a range of $3.48 to $8.00 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $4.42. Despite yesterday’s substantial increase of $0.23, Cerus remains closer to its low mark for the period.
Tribune Media Co(OTCMKTS:TRBAA)announced a consolidated operating revenue of 69% for the third quarter of fiscal year 2013 on Nov. 11th, 2014. Additionally, the New York-based company also announced that it had repaid $275 million of its outstanding term loan debt. The company had a trading volume of 0.25 million yesterday, a figure which is 0.35 million lower than its three month average volume of 0.6 million. A low trading volume could suggest that investor interest in this $5.61 billion company has declined.
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