Where We Are Headed - Analyst Notes on Harmonic, Zogenix, Hutchinson Technology and Pfenex

NEW YORK, NY / ACCESSWIRE / December 24, 2015 / Moments ago, Trader's Choice released new research updates concerning several important developing situations including the following equities: Harmonic Inc. (NASDAQ: HLIT), Zogenix Inc. (NASDAQ: ZGNX), Hutchinson Technology Inc. (NASDAQ: HTCH) and Pfenex Inc. (NYSE: PFNX). Trader's Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.

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HLIT Research Package: http://www.traders-choice.com/pdf?s=HLIT

ZGNX Research Package: http://www.traders-choice.com/pdf?s=ZGNX

HTCH Research Package: http://www.traders-choice.com/pdf?s=HTCH

PFNX Research Package: http://www.traders-choice.com/pdf?s=PFNX

Highlights from today's reports include:

On Wednesday, December 23, 2015, Nasdaq Composite ended at 5,045.93, up 0.90%, Dow Jones Industrial Average advanced 1.06%, to finish the day at 17,602.61, and the S&P 500 closed at 2,064.29, up 1.24%.

Harmonic Inc.'s stock advanced 0.24% to close Wednesday's session at USD 4.21. The share price vacillated between USD 4.15 and USD 4.26. The stock recorded a trading volume of 0.45 million shares, which was below its 50-day daily average volume of 0.67 million shares and its 52-week average volume of 0.47 million shares. Over the last three days Harmonic Inc.'s shares have remained flat while in the past one week the stock has moved down 2.09%. Moreover, in the last six months the stock has lost 40.62% and year to date the shares have shed 39.94%. The stock is trading at a price to book ratio of 1.02, which compares to a historical PB ratio near to 1.65. Additionally, the stock is trading at a price to cash flow ratio of 10.87 and a price to sales ratio of 0.92.

Zogenix Inc.'s stock increased by 4.54% to close Wednesday's session at USD 14.75. The company's shares fluctuated in the range of USD 14.08 and USD 15.15. A total of 0.21 million shares exchanged hands, which was lesser than its 50-day daily average volume of 0.38 million shares and its 52-week average volume of 0.45 million shares. Over the last three days Zogenix Inc.'s shares have advanced 7.98% and in the past one week the stock has moved up 4.61%. Furthermore, over the last three months the stock has lost 13.74% while in the past six months the shares have picked up 13.11%. The company has returned 13.81% in the last half year, on a compounded total return basis. Further, the stock is trading at a price to earnings ratio of 18.21, which compares to a historical PE ratio of 23.14. Additionally, the stock is trading at a price to sales ratio of 9.70.

Hutchinson Technology Inc.'s stock edged higher by 0.28% to close Wednesday's session at USD 3.57. The company's shares oscillated between USD 3.56 and USD 3.58. The stock recorded a trading volume of 0.14 million shares, which was below its 50-day daily average volume of 0.45 million shares and its 52-week average volume of 0.26 million shares. Over the last three days Hutchinson Technology Inc.'s shares have advanced 0.85% while in the past one week the stock has moved down 2.99%. Furthermore, over the last three months the stock has gained 149.65% and in the past six months the shares have picked up 80.30%. The stock is trading at a price to book ratio of 1.68, which compares to a historical PB ratio near to 0.67. Additionally, the stock is trading at a price to cash flow ratio of 54.89 and price to sales ratio of 0.48.

Pfenex Inc.'s stock increased by 0.25% to close Wednesday's session at USD 11.91. The company's shares fluctuated in the range of USD 11.80 and USD 12.03. A total of 0.07 million shares exchanged hands, which was lesser than its 50-day daily average volume of 0.08 million shares and its 52-week average volume of 0.15 million shares. Over the last three days Pfenex Inc.'s shares have advanced 0.34% while in the past one week the stock has moved down 2.30%. In addition, over the last three months the stock has lost 35.34% and in the past six months the shares have shed 37.64%. The stock is trading at a price to book ratio of 3.49, while its Relative Strength Index reading stood at 35.32. Pfenex Inc.'s stock is trading 8.74% below its 20-day simple moving average.

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