Will Standard Pacific Corp.(SPF), Orexigen Therapeutics, Inc.(OREX) and Dendreon Corporation(DNDNQ) Prove To Be Winners?
New York, NY – GDP INSIDER – 01/26/2015.
This article discusses three companies: Standard Pacific Corp.(NYSE:SPF), Orexigen Therapeutics, Inc.(NASDAQ:OREX) and Dendreon Corporation(OTCMKTS:DNDNQ)
Standard Pacific Corp.(NYSE:SPF) had a trading volume of 5.9 million, which is greater than its 3-month average trading volume of 3.32 million, and 280.07 million shares outstanding. The company has an insider ownership of 0.70%, 6-month change in insider ownership of -3.92%, institutional ownership of 1.80% and 3-month institutional ownership of -1.83%. Standard Pacific Corp currently stands -6.33% away from its 20-day moving average and -7.70% away from its 50-day moving average. The stock has a beta of 2.18, which indicates that it is 118% more volatile than the market
Orexigen Therapeutics, Inc.(NASDAQ:OREX) traded within a range of $5.32 to $5.68 after opening the day at $5.45 and jumped 2.46% to close its Friday’s trading session at a new closing price of $5.41. The $0.13 gain per share moved the stock 73.95% above its 52-week low of $3.11 and 30.82% below its 52-week high of $7.82. Recently, analysts at RBC Capital initiated their coverage on the stock with an outperform rating and set their price target at $10. Separately on January 16, analysts at Zacks, reiterated their neutral rating on the stock and set their price target at $5.50 on the shares of Orexigen Therapeutics.
Dendreon Corporation(OTCMKTS:DNDNQ) gained 1.33% during Friday’s trading as the stock jumped $0.002 to close its session at a new closing price of $0.152. The $24.12 million market cap company, which traded within a range of $0.15 to $0.16 during intraday trading, currently situated $0.102 above its 52-week low of $0.05 and $3.308 away from its 52-week high of $3.46. Dendreon Corporation had a trading volume of 1.49 million, which is 1.87 million lower than its 30-day average trading volume of 3.86 million.
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