Recent Technical and Business Updates – Research on FormFactor, Calithera Biosciences, Ocular Therapeutix and Ultralife
NEW YORK, NY / ACCESSWIRE / November 2, 2015 / Moments ago, Trader’s Choice released new research updates concerning several important developing situations including the following equities: FormFactor, Inc (NASDAQ: FORM), Calithera Biosciences, Inc. (NASDAQ: CALA), Ocular Therapeutix, Inc. (NASDAQ: OCUL) and Ultralife Corporation (NASDAQ: ULBI). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full research reports are being made available to the public on a complimentary basis.
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FORM Research Report: http://www.traders-choice.com/pdf?s=FORM
CALA Research Report: http://www.traders-choice.com/pdf?s=CALA
OCUL Research Report: http://www.traders-choice.com/pdf?s=OCUL
ULBI Research Report: http://www.traders-choice.com/pdf?s=ULBI
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Highlights from today’s reports include:
On Friday, October 30, 2015, the NASDAQ Composite ended at 5,053.75, down 0.40%, the Dow Jones Industrial Average edged 0.52% lower to finish the day at 17,663.54, and the S&P 500 closed at 2,079.36, down 0.48%.
– FormFactor Inc’s stock decreased 3.85% to close Friday’s session at USD 8.24. The company’s shares fluctuated in the range of USD 8.21 and USD 8.58. A total of 0.58 million shares exchanged hands, which surpassed its 50-day daily average volume of 0.29 million shares and was above its 52-week average volume of 0.38 million shares. Over the last three days, FormFactor Inc’s shares have advanced 9.87% and in the past one week, it has moved up 8.71%. Furthermore, over the last three months, the stock has gained 13.97% while in the past six months the stock has shed 2.94%. The stock is at a price to book ratio of 1.70 against a historical PB ratio of 1.69. Additionally, the stock is trading at a price to cash flow ratio of 12.09 and price to sales ratio of 1.77. Recently on October 28, 2015, FormFactor Inc announced that its third quarter fiscal 2015 revenues were USD 65.9 million, down 11% from USD 73.9 million in the prior year quarter. Additionally, the Company reported GAAP net loss of USD 2.5 million during the quarter, compared to a net loss of USD 0.3 million in Q3FY14.
– Calithera Biosciences Inc’s stock slipped 2.18% to close Friday’s session at USD 8.54. The company’s shares oscillated between USD 8.25 and USD 8.94. The stock recorded a trading volume of 0.21 million shares, which was below its 50-day daily average volume of 0.33 million shares and below its 52-week average volume of 0.39 million shares. Over the last five days, Calithera Biosciences Inc’s shares have advanced 15.56% and in the past one month, it has gained a momentum of 57.27%. In addition, over the last three months, the stock has gained 15.41% while year to date, the shares have shed 57.72%. The stock is trading at 50-Day Moving Average of USD 6.56 and 200-Day Moving Average of USD 10.57. Recently, on October 30, 2015, the Company announced that its third quarter 2015 financial results will be released on Monday, November 9, 2015.
– In line with the broader market movement, Ocular Therapeutix Inc’s stock declined 8.00% to close Friday’s session at USD 8.63. The share price vacillated between USD 8.42 and USD 9.25. The stock recorded a trading volume of 0.41 million shares, which was above its 50-day daily average volume of 0.28 million shares and above its 52-week average volume of 0.23 million shares. Over the last three days, Ocular Therapeutix Inc’s shares have advanced 14.61% and in the past one week it has moved up 20.19%. Moreover, in the last six months, the stock has lost 60.74% and year to date, the shares have shed 63.31%. Recently, on October 22, 2015, Ocular Therapeutix Inc announced topline efficacy results from a Phase 3 clinical trial to evaluate the safety and efficacy of DEXTENZA™ (sustained release dexamethasone) 0.4 mg, Intracanalicular Depot for the treatment of allergic conjunctivitis. The trial results reflected that DEXTENZA has successfully met primary endpoint for treatment of ocular itching associated with allergic conjunctivitis.
– Ultralife Corp’s stock edged lower by 1.02% to close Friday’s session at USD 6.78, in line with the sluggish momentum in the broader market. The company’s shares oscillated between USD 6.63 and USD 7.08. The stock recorded a trading volume of 0.14 million shares, which was above its 50-day daily average volume of 0.06 million shares and above its 52-week average volume of 0.03 million shares. Over the last three days, Ultralife Corp’s shares have advanced 9.00% and in the past one week it has moved up 5.94%. Furthermore, over the last three months, the stock has gained 66.58% and in the past six months, the shares have picked up 65.37%. Further, the company is trading at a price to earnings ratio of 62.30, a price to book ratio of 1.60, a price to cash flow ratio of 17.98 and price to sales ratio of 1.44. Recently, on October 29, 2015, Ultralife Corp announced its financial results for third quarter of fiscal 2015. During the quarter, the Company’s revenue grew 19% YoY to USD 19.0 million. Meanwhile, net income was USD 1.0 million, or USD 0.07 per share during Q3 FY15, compared to a net loss of USD 0.3 million, or USD 0.02 per share, in Q3FY14.
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