Unusual 11 Mid-Day Movers 11/15: (ESEA) (SHIP) (DCIX) Higher; (SYN) (BETR) (SSYS) Lower
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Seanergy Maritime (Nasdaq: SHIP) 90.9% HIGHER; another shipper ramping higher Tuesday.
Diana Containerships (Nasdaq: DCIX) 81.6% HIGHER; see Euroseas or Seanergy above.
DryShips (Nasdaq: DRYS) 77.3% HIGHER; one of the stronger shipping stocks moving higher over the last several sessions with no signs of stopping.
Top Ships (Nasdaq: TOPS) 61.3% HIGHER; see above for more detail.
Synthetic Biologics, Inc. (NYSE: SYN) 39.2% LOWER; announced the pricing of an underwritten public offering of 25,000,000 shares of its common stock and warrants to purchase 50,000,000 shares of its common stock at a price to the public of $1.00 per share and accompanying warrants.
Cellectar Biosciences, Inc. (Nasdaq: CLRB) 32.8% HIGHER; announced it has selected INC Research to oversee its NCI-supported Phase II clinical trial of CLR 131 in patients with multiple myeloma and select hematologic malignancies. The company anticipates that its $2M NCI grant will cover approximately 50 percent of the study’s cost, and the terms of the grant allow Cellectar to pursue an additional $3M for a pivotal Phase III trial of the company’s lead radiotherapeutic compound.
Amplify Snack Brands (NYSE: BETR) 23.8% LOWER; reported Q3 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $68 million versus the consensus estimate of $65.17 million. Amplify Snack Brands sees FY2016 EPS of $0.49-$0.51, versus the consensus of $0.61. Amplify Snack Brands sees FY2016 revenue of $268-272 million, versus the consensus of $267.9 million.
Stratasys (Nasdaq: SSYS) 17.2% LOWER; reported Q3 EPS of $0.00, $0.05 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $157.2 million versus the consensus estimate of $174.54 million. Stratasys sees FY2016 EPS of $0.13-$0.21, versus the consensus of $0.32. Stratasys sees FY2016 revenue of $662-673 million, versus the consensus of $701.5 million.
SITO Mobile (Nasdaq: SITO) 15.3% LOWER; reported Q3 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $10.3 million versus the consensus estimate of $9.94 million.
Lightpath Technologies (Nasdaq: LPTH) 13.5% LOWER; reported Q1 EPS of $0.01, $0.01 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $5 million versus the consensus estimate of $4.55 million.
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