Notable 52-Week Highs and Lows of the Day 01/16: (SCTY) (GILD) (GLOG) High; (CBL) (BIG) Low

January 16, 2014 2:25 PM EST
52-Week High:
  • SolarCity (Nasdaq: SCTY) $76.30. SolarCity seeing strong upside on Thursday as Deutsche Bank started coverage on the stock at Buy with a price target of $90. The analyst said he expects the company's installed base to double over the next two years. For more on the call, click here.

  • Gilead Sciences Inc. (Nasdaq: GILD) $79.02. Carrying over momentum from earlier this week. Shares are showing a stronger move above the $76 level, which has been a bit of a resistance point from the name. Gilead Reported a September 11, 2014, Prescription Drug User Fee Act (PDUFA) date from the FDA for idelalisib NDA on Monday.

  • GasLog Ltd. (NYSE: GLOG) $19.32. GasLog priced a larger 9.5 million common stock offeing at $15.75 per share. The Company is also selling approximately $36.5 million of common shares at the public offering price in a private placement to certain of its directors and officers and one of its major shareholders. Click here for more on the announcement.

  • WidePoint Corp. (AMEX: WYY) $1.87. WidePoint up after it announced that its wholly owned subsidiary, iSYS LLC (iSYS), has been awarded contracts by the Centers for Disease Control and Prevention (CDC) and by the Federal Communications Commission (FCC) to provide Wireless Managed Services, including Telecom Expense Management (TEM). The FCC contract has a one-year period. The CDC contract has a one base-year period with four one-year option periods, with a total contract value of approximately $1.8 million.
52-Week Low:
  • CBL & Associates Properties, Inc. (NYSE: CBL) $17.07. CBL dipping today after updating on the expected impact of JCPenney's store closings. JPMorgan downgraded the stock to Neutral and lopped its price target by $2 to $21.

  • Big Lots (NYSE: BIG) $29.19. Big Lots lower as Raymond James downgraded he stock from Market Perform to Underperform.

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