Orca abandons body of her dead calf after 17-day journey
Blue Light From Phones And Electronics Can Cause Blindness, A Study Finds
Global team gives medication to sick killer whale at sea
Why the right underwear could help you have a baby
New Jersey reports first human case of West Nile virus this year
Hot Stock to Watch: Nektar Therapeutics (NKTR)
13 November 2017, 07:16 | Silvia Roy
Hot Stock to Watch: Nektar Therapeutics (NKTR)
Finally, Riverhead Capital Management LLC increased its stake in shares of Nektar Therapeutics by 78.7% in the second quarter.
Several other hedge funds have also recently modified their holdings of NKTR. The Nektar Therapeutics has Relative Strength Index (RSI 14) of 84.59 along with Average True Range (ATR 14) of 1.44. Over the last quarter, insiders have sold 1,024,757 shares of company stock valued at $25,974,361. State Street Corp raised its stake in shares of Nektar Therapeutics by 11.3% in the second quarter. The company's price to sales ratio for trailing twelve months is 13.51 and price to book ratio for most recent quarter is 2.27, whereas price to cash per share for the most recent quarter is 62.20. LS Investment Advisors LLC increased its stake in shares of Nektar Therapeutics by 8.8% in the second quarter. Municipal Employees Retirement System of MI now owns 30,250 shares of the biopharmaceutical company's stock valued at $520,000 after buying an additional 490 shares during the last quarter. Rothschild Asset Management Inc. now owns 1,182,422 shares of the biopharmaceutical company's stock valued at $28,378,000 after purchasing an additional 56,672 shares during the last quarter. Finally, PineBridge Investments L.P. boosted its stake in shares of Nektar Therapeutics by 4.0% in the second quarter. LS Investment Advisors LLC now owns 6,594 shares of the biopharmaceutical company's stock worth $129,000 after buying an additional 535 shares during the period. American International Group Inc. now owns 118,366 shares of the biopharmaceutical company's stock valued at $2,841,000 after purchasing an additional 6,476 shares during the last quarter.
Nektar Therapeutics (NASDAQ:NKTR) was the recipient of some unusual options trading activity on Thursday.
At the time of writing, the stock was trading at $1.87. Nektar Therapeutics has a 12-month low of $10.52 and a 12-month high of $19.98. Investors will be keeping a close eye on the stock during this session to see if the upward trend will remain throughout the day. Breaking that down further, it has performed 36.84% for the week, 41.18% for the month, 68.57% over the last quarter, 64.06% for the past half-year and 137.57% for this a year ago. Nektar Therapeutics had a negative return on equity of 190.68% and a negative net margin of 42.08%. The business had revenue of $36.30 million for the quarter, compared to analysts' expectations of $32.42 million. During the same quarter previous year, the firm earned ($0.06) earnings per share. The business's revenue was down 39.4% on a year-over-year basis. If you are accessing this report on another domain, it was illegally copied and reposted in violation of US and global copyright & trademark legislation. World Asset Management Inc boosted its stake in Nektar Therapeutics by 5.6% in the 2nd quarter. They issued a "buy" rating and a $35.00 target price on the stock. Zacks Investment Research lowered shares of Nektar Therapeutics from a "buy" rating to a "hold" rating in a research report on Friday, August 11th. More interesting news about Nektar Therapeutics (NASDAQ:NKTR) were released by: Streetinsider.com and their article: "Nektar Therapeutics (NKTR) and Bristol-Myers Squibb (BMY) Report First Data ..." published on November 13, 2017 as well as Globenewswire.com's news article titled: "New Research Collaboration Between BioXcel Therapeutics and Nektar to Evaluate ..." with publication date: November 13, 2017. If the $41.31 price target is reached, the company will be worth $537.30 million more. BidaskClub upgraded shares of Nektar Therapeutics from a "sell" rating to a "hold" rating in a research report on Thursday, August 17th. Jefferies Group LLC restated a "buy" rating and issued a $23.00 price target on shares of Nektar Therapeutics in a research report on Friday, July 21st. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock was sold at an average price of $19.26, for a total value of $1,766,411.64. Also, SVP Stephen K. Doberstein sold 396,323 shares of Nektar Therapeutics stock in a transaction that occurred on Wednesday, November 8th. Following the transaction, the chief executive officer now directly owns 235,838 shares of the company's stock, valued at $5,558,701.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. About 85,312 shares traded or 1.53% up from the average. On Wednesday, November 8 the stock rating was maintained by William Blair with "Buy". The disclosure for this purchase can be found here.
Trump response to Virginia election showed him 'at his worst'
During Mark Warner's successful 2001 run for governor, a popular local bluegrass band wrote ballads in support of his campaign. But I don't think people should be under any illusions that it means that there's no debate inside the Democratic Party.
OnePlus 5T set for 16th November launch
The new AMOLED display has a 1080 x 2160 resolution, which works out at a respectable 401 pixels-per-inch. The Chinese smartphone company announced the exclusive media event on its website earlier this month.
Chance of rain on Tuesday
The high temperature will be in the mid 40s and northeast winds will be light, according to the National Weather Service . Tuesday , there is a 20 percent chance of drizzle before noon, then a slight chance of showers or drizzle after noon.
Sony Unveils Black Friday Deals for PS4, PS VR
Sony Interactive Entertainment America has unveiled its week-long Black Friday PlayStation 4 ( PS4 ) and other deals for 2017. For example, DualShock 4 wireless controllers will also be discounted, dropping from $60 to as low as $40.