Coinbase, MercadoLibre And Some Other Big Stocks Recording Gains On Thursday
U.S. stocks closed mixed on Thursday following the release of weekly jobless claims data. Here is the list of some big stocks moving higher in the previous session.
Why ChemoCentryx Is Trading Higher By 110%, Here Are 95 Stocks Moving In Thursday’s Mid-Day Session
Gainers
InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) shares jumped 178.5% to $12.45 after gaining over 12% on Wednesday.
Allegheny Technologies Q2 EPS $0.54 Beats $0.37 Estimate, Sales $959.50M Beat $842.43M Estimate
Allegheny Technologies (NYSE:ATI) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.37 by 45.95 percent. This is a 550 percent increase over losses of $(0.12) per share from
Earnings Scheduled For August 4, 2022
Companies Reporting Before The Bell
• Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.
Short Interest Sector Focus: Industrials Sector
As of the close of business on Friday, 7/29, we captured the Top 10 Highest Short Interest % stocks within the Industrials Sector.
The average short interest for stocks within the Industrials sector stands at 2.73%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Here’s Why You Should Hold Onto Reliance Steel (RS) Stock For Now
Reliance Steel & Aluminum Co. (NYSE: RS) is benefiting from strong demand across key end-use markets, a diversified product base and strategic acquisitions amid headwinds from higher costs.
Allegheny Technologies’s Return On Capital Employed Overview
According to Benzinga Pro, during Q1, Allegheny Technologies (NYSE:ATI) earned $35.20 million, a 243.09% increase from the preceding quarter. Allegheny Technologies also posted a total of $834.10 million in sales, a 8.98% increase since Q4.
Allegheny Shares Gain Post Solid Q1 Results
Allegheny Technologies Inc (NYSE:ATI) reported first-quarter sales growth of 20% year-over-year to $834.1 million, beating the consensus of $750.69 million.…
Earnings Scheduled For May 4, 2022
Companies Reporting Before The Bell
• Seres Therapeutics (NASDAQ:MCRB) is estimated to report quarterly loss at $0.52 per share on revenue of $8.48 million.
Keybanc Maintains Overweight on Allegheny Technologies, Raises Price Target to $31
Keybanc analyst Philip Gibbs maintains Allegheny Technologies (NYSE:ATI) with a Overweight and raises the price target from $28 to $31.