Notable 52-Week Highs and Lows 8/31: (VEEV) (MOMO) (AUDC) High; (GIII) (NAVB) Low

August 31, 2016 3:46 PM EDT

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52-Week High:
  • Veeva Systems (NYSE: VEEV) $42.58. Veeva Systems reported Q2 EPS of $0.15, which was $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $131.3 million versus the consensus estimate of $126.57 million. The company sees FY2017 EPS of $0.60-$0.61, versus the consensus of $0.57. Veeva Systems sees FY2017 revenue of $525-528 million, versus the consensus of $518.3 million.

  • Momo Inc. (Nasdaq: MOMO) $22.83. JPMorgan assumed coverage on Momo with an Overweight rating and a price target of $26.

  • Audiocodes (Nasdaq: AUDC) $5.52. Audiocodes higher amid chatter of positive sentiment from Navellier.
52-Week Low:
  • G-III Apparel (Nasdaq: GIII) $30.12. G-III Apparel continuing lower from yesterday's quarterly report. Stifel downgraded the stock to Sell today.

  • Navidea Biopharmaceuticals (NYSE: NAVB) $0.26. Navidea disclosed today: On August 30, 2016, The District Court of Harris County, Texas granted CRG’s Application for Temporary Injunction. The Court provided the Company with 21 days to enter into the requisite account control agreements with CRG. The Company intends to appeal and is exploring its other options with respect to the Order and the CRG debt.



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