Pattern Energy Group Inc. (NASDAQ:PEGI) [Trend Analysis] retains strong position in active trade, as shares scoring -2.95% to $23.02 in a active trade session, while looking at the shares volume, about 1.64 Million shares have changed hands in this session. Pattern Energy (PEGI) released that in discussions to takeover a 90 MW interest in the 180 MW Armow Wind power facility in Ontario from Pattern Energy Group LP. Pattern Energy intends to fund the acquisition with accessible liquidity from its recent equity offering.
The transaction is predictable to close within the next 30 to 45 days. The Armow Wind power facility, located near Kincardine, Ontario, is together owned by Pattern Development and Samsung Renewable Energy, Inc. The facility reached commercial operation in December 2015 and operates under a 20-year power purchase contract with the Independent Electricity System Operator. The firm has institutional ownership of 95.40%, while insider ownership included 1.00%. PEGI attains analyst recommendation of 1.80 with week’s performance of -3.40%. Investors looking additional ahead will note that the Price to next year’s EPS is 237.90%.
The Coca-Cola Firm (NYSE:KO) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.93% to 43.83 with about 9.71 Million shares have changed hands in this session. Coca-Cola (KO) Amatil brand Deep Spring in alliance with UM has released a live crowd coloured mural in central Sydney to help reconnect people to the brand’s mineral water roots. It was inspired by the adult colouring book craze presently sweeping the nation and expects 400 people to contribute to the live artwork.
Coca-Cola Amatil GM of marketing and category says: “In a world that is constantly connected, Deep Spring’s new campaign is deinked to remind us of the value in simple moments of refreshment and offers us with a platform to relax and disconnect from busy lifestyles.” To accelerate the reach of the campaign UM’s mobile specialist agency Ansible has created a mobile colouring-in game and interactive OOH planels. The stock is going forward its fifty-two week low with 23.74% and lagging behind from its 52-week high price with -6.29%.
The positive performance for the quarter recorded as -1.30% and for the year was 9.41%, while the YTD performance remained at 3.61%. KO has Average True Range for 14 days of 0.40.
Shares of OncoGenex Pharmaceuticals, Inc. (NASDAQ:OGXI) [Trend Analysis] swings enthusiastically in regular trading session, it a decrease of -41.08% to close at $0.53. OncoGenex Pharmaceuticals, Inc. (OGXI) revealed on Tuesday that Phase 3 AFFINITY Trial of Custirsen in Men with Metastatic Castrate-Resistant Prostate Cancer or CRPC did not meet the primary endpoint. The firm was announcing the final analysis of the Phase 3 trial of custirsen in men with CRPC whose disease has progressed following treatment with docetaxel.
The trial did not meet the primary endpoint of demonstrating a statistically important improvement in overall survival for patients treated with custirsen in combination with cabazitaxel/prednisone compared to cabazitaxel/prednisone alone. The adverse events were consistent with those observed in previous trials of custirsen in metastatic CRPC. The final data will be submitted as a late-breaking abstract to the European Society for Medical Oncology (ESMO) Yearly Congress 2016. The stock is going forward its fifty-two week low with 16.37% and lagging behind from its 52-week high price with -84.33%. OGXI last month stock price volatility remained 9.50%.