Qiagen NV (NASDAQ:QGEN) [Trend Analysis] retains strong position in active trade, as shares scoring -0.42% to $25.97 in a active trade session, while looking at the shares volume, about 1.88 Million shares have changed hands in this session. Qiagen (QGEN) released that its statement regarding preliminary injunction; confirms intent to defend its US IP position. The firm commented on a decision issued late on Friday, September 9, by the U.S. District Court for the Northern District of California, San Francisco Division, in which the Court granted the motion for a preliminary injunction against the Firm as part of patent litigation filed by a contender. The court case alleges infringement of U.S. Patent 7,566,537 by QIAGEN’s GeneReader NGS System.
“While we are disdesignated and disagree with the Court’s decision, we believe our intellectual property position in next-generation sequencing is strong, and we are pursuing all legal means to get the current decision reviewed by the U.S. Court of Appeals for the Federal Circuit as soon as possible…The disputed intellectual property claim is related to a narrow step within the overall broad GeneReader NGS workflow. In addition, QIAGEN intends to accelerate the development already underway of an upgrade to the component under dispute to resume U.S. commercialization with a full workflow of at least same or even better performance. The issue in this case also applies only in the United States, so consumers in all other regions of the world can continue to purchase and use the GeneReader NGS System.” The firm has institutional ownership of 67.10%, while insider ownership included 3.60%. QGEN attains analyst recommendation of 2.90 with week’s performance of -2.48%. Investors looking additional ahead will note that the Price to next year’s EPS is 12.27%.
Ecopetrol SA (NYSE:EC) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -2.80% to 9.04 with about 1.3 Million shares have changed hands in this session. Ecopetrol S.A. (EC) reported that published the offering notice regarding the third auction for the second stage of Ecopetrol’s equity divestment plan for its shares in Interconexin Elctrica in a newspaper widely circulated in Colombia. The third auction is part of the second stage of the equity divestment plan and the purpose is to offer publicly the shares that were not takeoverd during the first and second auctions. The public offering will be conducted previous to the start of ordinary stock trading in the Colombian Stock Exchange on September 14 The stock is going forward its fifty-two week low with 75.19% and lagging behind from its 52-week high price with -15.99%.
Same, the positive performance for the quarter recorded as -3.32% and for the year was -2.48%, while the YTD performance remained at 28.96%. EC has Average True Range for 14 days of 0.30.
Shares of 21Vianet Group, Inc. (NASDAQ:VNET) [Trend Analysis] swings enthusiastically in regular trading session, it a loss of -1.03% to close at $8.61. Moving forward to saw long-term intention, the experts calculate Return on Investment of -4.50%. The stock is going forward its fifty-two week low with 3.36% and lagging behind from its 52-week high price with -59.62%. VNET last month stock price volatility remained 4.55%.