Short Call on Analysts Review: MYOS RENS Technology (NASDAQ:MYOS), Stemline Therapeutics (NASDAQ:STML)

MYOS RENS Technology Inc. (NASDAQ:MYOS) [Trend Analysis] climbed reacts as active mover, shares an advance 37.22% to traded at $3.65 and the percentage gap between open changing to regular change was 3.76%. MYOS RENS Technology Inc. (MYOS) reported that an institutional investor has agreed to purchase approximately $2.125 million of the Company’s common stock in a registered direct offering.

The Company entered into a securities purchase contract with the investor pursuant to which the Company agreed to sell 500,000 shares of its common stock at a per share price of $4.25. The closing of the registered direct offering is expected to take place on or about February 8, 2017, subject to the satisfaction of customary closing conditions.

The firm’s current ratio calculated as 4.10 for the most recent quarter. The firm past twelve months price to sales ratio was 45.02 and price to cash ratio remained 4.66. As far as the returns are concern, the return on equity was recorded as -86.90% and return on investment was -120.60% while its return on asset stayed at -68.50%. The firm has total debt to equity ratio measured as 0.11.

Stemline Therapeutics, Inc. (NASDAQ:STML) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 16.96% to $6.55. Finally, analysts shed their light over the STML price targets; maintaining price high target of 41.00 while at average the price target was 28.40 in contrast with the current price of 6.55. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 5 analysts recommending BUY ratings for current month and for previous month 4 stands on similar situation; while 0 for the current month as compared to 0 analysts recommending for HOLD from the pool for previous month. For the overall, consensus ratings were for Buy.

The share price of STML attracts active investors, as stock price of week volatility recorded 15.79%. The stock is going forward to its 52-week low with 68.81% and lagging behind from its 52-week high price with -55.14%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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