Home / Street Sector / Stocks Retreat on New Development: Sucampo Pharmaceuticals (NASDAQ:SCMP), ATA (NASDAQ:ATAI)

Stocks Retreat on New Development: Sucampo Pharmaceuticals (NASDAQ:SCMP), ATA (NASDAQ:ATAI)

Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) [Trend Analysis] surged reacts as active mover, shares an advance 33.04% to traded at $15.10 and the percentage gap among open changing to regular change was 11.01%. Sucampo Pharmaceuticals Inc. (SCMP) reported third-quarter profit of $8.1 million. On a per-share basis, the Rockville, Maryland-based firm stated it had net income of 19 cents. Earnings, adjusted for one-time gains and costs, were 28 cents per share. The results topped Wall Street expectations.

The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. The biopharmaceutical firm posted income of $57.9 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks predictable $52.2 million. Sucampo expects full-year earnings in the range of $1.20 to $1.25 per share, with income in the range of $220 million to $225 million. The firm’s current ratio calculated as 4.30 for the most recent quarter. The firm past twelve months price to sales ratio was 3.86. As far as the returns are concern, the return on equity was recorded as 11.70% and return on investment was 10.10% while its return on asset stayed at 3.20%. The firm has total debt to equity ratio measured as 1.81.

ATA, Inc. (NASDAQ:ATAI) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 5.48% to close at $3.85 with the total traded volume of 42232 shares. ATA Inc. (NASDAQ: ATAI) reported that unaudited financial results for its fiscal q2 ended September 30, 2016. Net incomes surged 21.9% to RMB65.1 million (US$9.8 million) as compared to RMB53.4 million, primarily as a result of the growth of existing exams such as Fund Practitioners Certification Exam, and new exams such as the Qualification Exam for Housing and Urban-Rural Construction Field Professionals, despite the loss of income contributions from the Securities Association of China exam.

Mr. Kevin Ma, ATA’s Chairman and Chief Executive Officer, stated, “We continued to build on our market leading position in China’s traditional testing services sector together with several key and new exams released in recent months. In October, we were proud to deliver a record-breaking number for the National Unified Certified Public Accountants (“CPA”) exams, and we expect the growth in CPA exams in the upcoming quarter. We additional accelerated our geographic expansion for the Qualification Exam for Housing and Urban-Rural Construction Field Professionals into 4 more provinces, and we expect to expand our geographic coverage to more areas for the year.” The firm has institutional ownership of 1.00%, while insider ownership included 18.70%. Its price to sales ratio ended at 1.42. ATAI attains analyst recommendation of 2.00 with week performance of 9.38%.

 

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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