Home / Eco-Finance / Stocks in Frontline Trades’ Choice: Gannett (NYSE:GCI), Magellan Midstream Partners (NYSE:MMP), Cellectar Biosciences (NASDAQ:CLRB)

Stocks in Frontline Trades’ Choice: Gannett (NYSE:GCI), Magellan Midstream Partners (NYSE:MMP), Cellectar Biosciences (NASDAQ:CLRB)

Shares of Gannett Co., Inc. (NYSE:GCI) [Trend Analysis] swings enthusiastically in regular trading session, it a gain of 0.06% to close at $15.62. Gannett Co., Inc. (GCI) urged Tribune stockholders to “WITHHOLD” votes in connection with the Tribune 2016 Annual Meeting of Stockholders to be held June 2. Gannett encouraged Tribune stockholders to send a clear message to the Tribune Board to engage constructively with Gannett regarding its $15.00 per share all-cash premium offer to acquire Tribune. Gannett said it will review whether to proceed with its acquisition offer taking into account the results of the “WITHHOLD” vote and the latest Tribune actions, including its response to Gannett’s offer. GCI, experts calculate Return on Investment of 11.50%. The stock is going forward its fifty-two week low with 50.04% and lagging behind from its 52-week high price with -11.85%. GCI last month stock price volatility remained 2.68%.

Magellan Midstream Partners LP (NYSE:MMP) [Trend Analysis] retains strong position in active trade, as shares scoring 0.79% to $70.05 in a active trade session, while looking at the shares volume, around 1.09 Million shares have changed hands in this session. Magellan Midstream Partners, L.P. (NYSE:MMP) released that they have signed into a letter of intent for Seabrook Logistics to expand its crude oil and condensate storage, marine capacity, and pipeline infrastructure in the Houston Gulf Coast area. Seabrook Logistics proposes to construct up to 4 million barrels of additional storage for a total of nearly 5 million barrels adjacent to LBC’s existing terminal in Seabrook, Texas.

Further, Seabrook Logistics plans to connect this storage to Magellan’s Houston crude oil distribution system with to-be-constructed 24-inch diameter pipelines. Seabrook Logistics also intends to construct one ship dock in addition to the recently constructed ship dock and two barge docks. Both ship docks will be able to handle industry standard Aframax vessels with up to a 45-foot draft, providing efficient marine access with flexible loading and unloading services at the Seabrook Logistics facility. The firm has institutional ownership of 62.90%, while insider ownership included 0.30%. MMP attains analyst recommendation of 2.10 with week’s performance of -1.63%. Investors looking further ahead will note that the Price to next year’s EPS is 8.51%.

Cellectar Biosciences, Inc. (NASDAQ:CLRB) [Trend Analysis] knocking active thrust in leading trading session, shares an increase of 7.62% to 3.25 with around 1.33 Million shares have changed hands in this session. Cellectar Biosciences (CLRB) declared that the USPTO has issued a patent which covers the treatment of cancer stem cells employing the co’s phospholipid drug conjugate delivery platform technology; specifically, either of the co’s current PDC products, CLR 131 or CLR 125, in combination with external beam radiation. This patent provides intellectual property protection to at least June 2030. The stock is going forward its fifty-two week low with 225.00% and lagging behind from its 52-week high price with -91.65%.

Likewise the positive performance for the quarter recorded as -35.00% and for the year was -88.64%, while the YTD performance remained at -56.08%. CLRB has Average True Range for 14 days of 0.51.

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