Traders Active on Flamel Technologies (FLML) Ahead of Q4 Report

Flamel Technologies (Nasdaq: FLML) is trading lower, but seeing some strong buying action today ahead of its Q4 report, which is expected out before markets open on Thursday.

The Street is currently looking for Flamel to post a Q4 loss of $0.17 per share with revenue of $13.1 million, from a breakeven loss and revenue of $6.2 million reported for the same period last year.

Money flow is $14.9 million for an uptick-to-downtick ratio at 7.7 times, suggesting stronger buying pressure on the name. The 14-day money flow index is at 96.8 percent, which is a very overbought level.

Flamel Technologies will release financial results for the fourth quarter of fiscal year 2014 on Thursday, March 19, 2015, before the market open. A conference call to discuss these results has been scheduled for Thursday, March 19th at 10:00 a.m. ET. A question and answer period will follow management's prepared remarks.

To participate in the conference call, investors are invited to dial 888-259-8724 (U.S. and Canada) or +1-913-312-1471 (international). The conference ID number is 1595960. The conference call webcast may be accessed at www.flamel.com. The archived webcast of the conference call will be available for 90 days on Flamel's website.

You May Also Be Interested In

• Tesla readies August launch of CyberCab - The Information
• Kushner: conversations between U.S. and different areas of Iran govt are more robust than it has every been
• Duos Technologies Group, Inc. (DUOT) Tops Q2 EPS by 163c