CORAL GABLES, FL / ACCESSWIRE / March 11, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. THLD, VCEL, KTOS, and PPCH have been added to our watchlist today. Continue reading to find out why. - To get daily alerts on top stocks on the OTCQB, OTCQX, NASDAQ, NYSE, and OTCBB, subscribe to our newsletter at DailyStockReporter.com.
Threshold Pharmaceuticals Inc. (THLD) reported fourth quarter revenue results on Thursday. Threshold reported fourth-quarter net income of $69.7 million and this is after they previously recorded a loss in the same period a year earlier. The results beat Wall Street estimates as the average projection of four analysts surveyed by Zacks Investment Research was for a loss of $0.11 per share. The stock has increased in price by more than 80% compared to where it closed on Thursday (3/10).
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Vericel Corporation (VCEL) announced top-line results yesterday from the company's Phase 2b ixCELL-DCM clinical trial of ixmyelocel-T in patients with advanced heart failure due to ischemic dilated cardiomyopathy. The stock has increased for a second day in a row from a previous close on Thursday (3/10) of $3.92 to highs early Friday (3/11) morning of $5.18. Volume continues to climb and VCEL has managed to increase over 100% since Thursday's open.
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Kratos Defense & Security Solutions, Inc. (KTOS) is a leading National Security Solutions provider. Friday 3/11 the company announced that its Defense & Rocket Support Services Division has been awarded a contract by the U.S. Naval Surface Warfare Center, Port Hueneme Division for Oriole Thrust Vector Control Systems valued at $5.49 million. Friday morning KTOS tested highs that it hasn't seen since December of 2015 with volume trending above its 2 month daily average.
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Propanc Health Group Corporation (PPCH) recently announced that results from recent studies for its lead product, PRP, confirming a synergistic response to a broad range of cancer indications, which also includes kidney, melanoma, brain, prostate, liver, uterine and lung cancers. According to the company, this data provides evidence that its PRP has the potential to fight a wide range of cancer types. Since making this announcement, the company's stock has climbed from $0.0107 to highs on Friday (3/11) morning of $0.0516 marking a 2 week jump of more than 380%.
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