NEW YORK, January 28, 2013 – Shengkai Innovations Inc (NDA) (NASDAQ: VALV) among the gainers and the stock increased 38.45% to $1.08 on a traded volume of 938k shares. The 52-week range for the stock is $0.62 and $2.88. The Company has Price/Sales ratio of 0.52 and Price/Book ratio of 0.10. The 50-Day Moving Average and 200-Day Moving Average prices is $0.74 and $0.76 respectively.
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Idenix Pharmaceuticals Inc (NASDAQ: IDIX) increased 10.36% to $5.22 on a traded volume of 1.74 million shares. The Company announced a non-exclusive collaboration with Janssen Pharmaceuticals Inc for the clinical development of all-oral direct-acting antiviral HCV combination therapies. Clinical development plans include an initial drug-drug interaction study to begin in the first quarter of 2013, followed by phase II studies as agreed between the companies, and pending approval from regulatory authorities.
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Excel Maritime Carriers Ltd (NYSE: EXM) moved up 12.77% to $0.53 on a traded volume of 754k shares. The 52-week range for the stock is $0.36 and $2.36. The Company has Price/Sales ratio of 0.15 and Price/Book ratio of 0.03. The 50-Day Moving Average and 200-Day Moving Average prices is $0.52 and $0.50 respectively.
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Nordion Inc (USA) (NYSE: NDZ) augmented 10.33% to $7.05 on a traded volume of 666k shares. The Company announced fourth quarter and year ended October 31, 2012. The revenue increased 1% to $74.7 million in the fourth quarter fiscal 2012. Revenue for full year fiscal 2012 decreased 11% to $244.8 million. GAAP net loss was $43.5 million compared to GAAP net income of $6.9 million in the fourth quarter fiscal 2011. A GAAP loss per share was $0.70 versus $0.11 EPS in the previous last quarter. Fiscal 2012 GAAP net loss was $28.9 million compared to net income of $16.8 million in fiscal 2011.
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Zynga Inc (NASDAQ: ZNGA) moved up 4.41% to $2.60. According to data from the Shanghai Press and the Publication Administration, gaming revenue in China jumped up 35.8%. Overall online gaming revenue totaled 19 billion Yuan or $3 billion U.S. dollars. Zynga's revenue is expected to total $1.1 billion in 2012.
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