NEW YORK, February 24, 2017 /PRNewswire/ --
This morning, Stock-Callers.com tracks the current performances of Alkermes PLC (NASDAQ: ALKS), Teleflex Inc. (NYSE: TFX),
Cascadian Therapeutics Inc. (NASDAQ: CASC), and InspireMD Inc. (NYSE MKT: NSPR). According to research firm Charles Schwab, the
balance sheets of companies in the Healthcare sector are solid in general, their stocks have offered attractive dividend yields,
and the sector's overall cost structure appears to have improved. Additionally, demand appears to be on the rise for health care
products and services. On the other hand, political rhetoric around the Affordable Care Act can be expected to fuel continued
volatility. Learn more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
Alkermes
On Thursday, shares in Dublin, Ireland headquartered Alkermes PLC recorded a trading volume
of 776,962 shares. The stock ended the session 1.35% lower at $52.57. The Company's shares are
trading 5.40% above their 200-day moving average. Moreover, shares of Alkermes, which researches, develops, and commercializes
pharmaceutical products that are designed to address unmet medical needs of patients in various therapeutic areas worldwide, have
a Relative Strength Index (RSI) of 38.52.
On February 15 th, 2017, Alkermes announced that total revenues for Q4 2016 were
$213.5 million, up 31% compared to $163.1 million for Q4 2015. The
Company's net loss on US (GAAP) basis was $21.1 million, or a basic and diluted GAAP loss per share
of $0.14, compared to GAAP net loss of $69.4 million, or a basic and
diluted GAAP loss per share of $0.46, for Q4 2015. ALKS complete research report is just a click
away and free at:
http://stock-callers.com/registration/?symbol=ALKS
Teleflex
Wayne, Pennsylvania headquartered Teleflex Inc.'s stock closed the day 0.05% lower at
$183.92. A total volume of 557,481 shares was traded, which was above their three months average
volume of 351,080 shares. The Company's shares have advanced 11.79% in the past month, 22.30% over the previous three months, and
14.13% on an YTD basis. The stock is trading 10.51% and 9.89% above its 50-day and 200-day moving averages, respectively.
Additionally, shares of Teleflex, which designs, develops, manufactures, and supplies single-use medical devices for common
diagnostic and therapeutic procedures in critical care and surgical applications worldwide, have an RSI of 81.95.
On February 23 rd, 2017, Teleflex announced that Benson
Smith will retire from his position as Chief Executive Officer, effective on December 31
st, 2017. Mr. Smith, a Teleflex's Board member since 2005, will continue to serve as Teleflex's Chairman of the Board.
He has been nominated by Teleflex's Board of Directors to serve for another three-year term if elected by Teleflex's stockholders
at the 2017 annual meeting to be held in May, 2017. The complimentary report on TFX can be downloaded at:
http://stock-callers.com/registration/?symbol=TFX
Cascadian Therapeutics
Shares in Seattle, Washington headquartered Cascadian Therapeutics Inc. recorded a trading
volume of 251,498 shares, and ended yesterday's trading session 7.40% lower at $3.88. The stock has
advanced 4.30% in the past month. The Company's shares are trading below their 50-day moving average by 14.05%. Furthermore,
shares of Cascadian Therapeutics, which engages in the research and development of therapeutic products for the treatment of
cancer, have an RSI of 37.60.
As per a SEC filing dated February 03 rd, 2017, Cascadian Therapeutics entered into a
letter agreement with each of BVF Partners L.P., Biotechnology Value Fund, L.P., Biotechnology Value Fund II, L.P., Biotechnology
Value Trading Fund OS, L.P. and BVF Partners OS Ltd. (collectively, "BVF") on January 11
th, 2016. Under the Letter Agreement, among other things, the Company had agreed to nominate up to two individuals
designated by BVF to the Company's Board of Directors and BVF agreed to certain standstill restrictions. On February 02 nd, 2017, the Company received a notice from BVF terminating the Letter Agreement.
Pursuant to the terms of the Letter Agreement, such termination will be effective March 04
th, 2017, which is 30 days after receipt of the Notice. Upon the termination effectiveness, neither the Company nor
BVF will have any continuing obligations under the Letter Agreement. Sign up for your complimentary research report on CASC
at:
http://stock-callers.com/registration/?symbol=CASC
InspireMD
Boston, Massachusetts headquartered InspireMD Inc.'s stock finished Thursday's session 7.00%
higher at $2.14 with a total trading volume of 63,312 shares. The Company's shares are trading
above their 200-day moving average by 65.11%. Shares of the company, which focuses on the development and commercialization of
proprietary MicroNet stent platform technology for the treatment of complex coronary and vascular diseases, have an RSI of
43.45.
On February 17 th, 2017, InspireMD reported that revenue for Q4 2016 was $322,000, compared to $516,000 during Q4 2015. The Company's net loss for Q4 2016
totaled $2,268,000, or $0.88 per basic and diluted share, compared to
a net loss of $2,854,000, or $9.34 per basic and diluted share, in Q4
2015. Get free access to your research report on NSPR at:
http://stock-callers.com/registration/?symbol=NSPR
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