Will Huntington Bancshares Incorporated(NASDAQ:HBAN), Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) and IFAN Financial Inc(OTCBB:IFAN) Prove To Be Winners?
New York, NY – GDP INSIDER – 01/19/2015.
This article discusses three companies: Huntington Bancshares Incorporated(NASDAQ:HBAN), Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) and IFAN Financial Inc(OTCBB:IFAN)
Huntington Bancshares Incorporated(NASDAQ:HBAN), which traded within a range of $9.63 to $9.93 after opening the day at $9.66, currently sits 16.96% above its 52-week low of $8.48 and 7.64% below its 52-week high of $10.74. The stock has an insider ownership of 0.80%, 6-month change in insider ownership of -1.72%, institutional ownership of 70.30% and 3-month change in institutional ownership of 0.10%. On January 5, analysts at Barclays reiterated their equal weight rating on the shares of Huntington Bancshares Incorporated and boosted their price target to $12 from $11. Huntington Bancshares Incorporated will release its 4Q14 earnings on January 22, 2015.
Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) saw an increase of 3.94% in value as the stock gained $0.21 per share to close its trading session on Friday to a new closing price of $5.41. The stock traded within a range of $5.13 to $5.50 during the day and had a trading volume of 9.92 million, a figure which is greater than its 3-month average trading volume of 7.33 million. Arena Pharmaceuticals has recently started patient dosing in a randomized and double-blind Phase II clinical trial of its pipeline candidate, ralinepag, which is a prostacuclin receptor’s agonist. The company will release its 4Q14 earnings on February 25th, 2015.
IFAN Financial Inc(OTCBB:IFAN) dropped 5.41% on Friday and closed the day at $0.700. The $0.040 loss per share moved the stock $0.69 above its 52-week low of $0.01 and $0.31 away from its 52-week high of $1.01 during last trading session. The company has return on assets of -18.94% and price to book ratio (mrq) of 370. IFAN Financial Inc traded within a range of $0.63 to $0.74 after opening the day at $0.72 on Friday. The stock had 79.96 million shares outstanding.
HotStockGains.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.
Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.
Disclosure: HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.