Home / Street Sector / Stocks Turn Active on Retreated Views: VIVUS (NASDAQ:VVUS), National Bankshares (NASDAQ:NKSH)

Stocks Turn Active on Retreated Views: VIVUS (NASDAQ:VVUS), National Bankshares (NASDAQ:NKSH)

VIVUS Inc. (NASDAQ:VVUS) [Trend Analysis] climbed reacts as active mover, shares raise 2.83% to traded at $1.09. VIVUS, Inc. (NASDAQ:VVUS) provided a business update and reported its financial results for the third quarter ended September 30, 2016. The net loss for the 2016 third quarter was $9.2 million, as compared to $16.1 million in 2015. Cash, cash equivalents and accessible -for-sale securities was $283.6 million at September 30, 2016.

“In the third quarter of 2016, we continued our efforts to reshape VIVUS to build long-term stockholder value related to our business strategy review. The licensing of STENDRA to Metuchen Pharmaceuticals, combined with our continued efforts to control costs, offers us with additional capital to find, takeover and develop additional assets,” stated Seth H. Z. Fischer, VIVUS Chief Executive Officer.

“In addition, the positive Qsymia Markman ruling supports the fundamental strength of Qsymia’s intellectual property portfolio.” The firm’s current ratio calculated as 4.80 for the most recent quarter. The firm past twelve months price to sales ratio was 1.66 and price to cash ratio remained 0.52. As far as the returns are concern, the return on equity was recorded as 412.90% and return on investment was -26.90% while its return on asset stayed at -19.40%.

National Bankshares Inc. (NASDAQ:NKSH) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 5.26% to $36.00. The BOD  of National Bankshares, Inc. (NASDAQ:NKSH) agreed payment on December 1, 2016 of a semi-yearly dividend of $0.61 per share to all stockholders of record as of November 21, 2016. The semi-yearly dividend that was paid on December 1, 2015 was $0.61 per share. James G. Rakes, Chairman, President & CEO, stated, “We feel fortunate to be in a position of positive earnings which offers us the prospects to give our stockholders a important return on their investment.”

National Bankshares, Inc. is a financial holding firm headquartered in Blacksburg, Virginia, with total assets of about $1.20 billion. It is the parent firm of The National Bank of Blacksburg, a 125-year-old community bank with 26 offices and one loan production office all through Southwest Virginia.

National Bankshares Financial Services, Inc. is an investment and insurance subsidiary in the same trade area. The share price of NKSH attracts active investors, as stock price of week volatility recorded 2.79%. The stock is going forward to its 52-week low with 13.39% and lagging behind from its 52-week high price with -3.97%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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