Neurocrine Biosciences (NBIX) Outstanding Biotech Player; Mistras Group (MG) Surpasses Estimates

neurocrine-biosciences-logo

Neurocrine Biosciences Inc. (Nasdaq:NBIX) shares soared more than 20% to reach the $47.25 mark in early trade Thursday after the company said that its experimental drug NBI-98854 significantly reduced tardive dyskinesia – characterized by sudden, uncontrollable movements of voluntary muscle groups – during the Kinect 3 clinical trial

NBIX stock is currently trading at $43.69, up $4.76 (or +12.23%), and 2,041,783 of its shares exchanged hands so far, a large increase in activity versus its average volume (3m) of 932,248

Neurocrine Biosciences, a biopharmaceutical company, has 85.87M Shares Outstanding and NBIX 52-week range is between $15.21 and $56.97 per share

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Mistras-Group-Inc-MG

Shares of Mistras Group, Inc. (NYSE:MG) climbed over 20% in their first few minutes of trading on Thursday as the company delivered its quarterly financial results with numbers well-above analysts’ expectations

For its first quarter fiscal 2016, Mistras Group posted revenues of $179.9 million, an 8.0% increase year over year, and net income of $6.9 million, or $0.23 per diluted share, compared to net income of $1.7 million or $0.06 per diluted share in the same quarter the prior year, easily surpassing the Capital IQ Consensus Estimate of $0.09 earnings per share on revenues of $166.02 million.

109,508 shares of the company were traded so far, currently changing hands for $17.04, up $2.81 (or +19.75%)

Mistras Group, a leading “one source” global provider of technology-enabled asset protection solutions, has 28.86M Shares Outstanding and MG stock 52-week range is $12.65 – $21.60 per share

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