Should Day Traders Consider Prospect Capital Corporation(PSEC), Ariad Pharmaceuticals, Inc.(ARIA) and Cellceutix Corp(CTIX)
New York, NY – GDP INSIDER – 01/22/2015.
This article discusses three companies: Prospect Capital Corporation(NASDAQ:PSEC), Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) and Cellceutix Corp(OTCMKTS:CTIX)
Prospect Capital Corporation(NASDAQ:PSEC) saw a gain of 0.84% in value during yesterday’s trading to close the day at a new closing price of $8.44. The $0.07 gain per share moved the stock 6.65% above its 52-week low of $7.91 and 18.53% below its 52-week high of $10.36. The company has a gross margin (ttm) of 54.30%, operating margin (ttm) of 49.50%, profit margin (ttm) of 42.90% and quarterly revenue growth (yoy) of 25.50%. Prospect Capital Corporation had a trading volume of 2.53 million and 352.60 million shares outstanding.
Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA) has traded within a range of $4.90 to $9.83 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $6.12 after a 4.52% loss of $0.29. Not only that, but the company also has an earnings per share (ttm) of $-1.24, which indicate that Ariad Pharmaceuticals, Inc is on the decline. The company has a beta of 1.43, which means that the company’s stock is 43% more volatile than the market. The company, however, gained 0.33% to $0.02 during afterhours trading.
Cellceutix Corp(OTCMKTS:CTIX) had a trading volume of 1.51 million, which is 0.48 million greater than its 30-day average trading volume of 1.03 million. The stock has a beta of -0.31, which indicates its inverse relation with the market. Cellceutix Corp saw a decline of 14.98% in value yesterday as the stock lost $0.65 to close its trading session at $3.69. The US based clinical stage biotechnology company, which traded within a range of $3.54 o $4.40 after opening the day at $4.39, has lost 15.66% over the last 30 days.
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