pSivida (PSDV) Fluctuates Upward; Deutsche Bank Doubles PT On Vivint Solar (VSLR)
The price of pSivida Corp. (Nasdaq:PSDV) stock climbed $0.75 (or +24.19%) to $3.85, and a total of 355,191 of its shares were traded on Friday, a large increase in activity versus its average volume (3m) of 82,270. There appears to be no confirmed news reports in the street that may explain this movement in the stock
The eye care company finished the quarter ended March 31, 2016 with a cash position of $33.3 million.
pSivida, which develops sustained-release drug-delivery products for treating eye diseases, has 34.17M Shares Outstanding, Market Capitalization (intraday) of $131.57M and PSDV stock 52-week range is between $2.37 and $5.81 per share
Shares of Vivint Solar, Inc. (NYSE:VSLR) soared $1.11 (or +42.21%) to $3.74 on Friday’s trading session after investment analysts at Deutsche Bank upgraded the company from Hold to Buy and significantly increased their price target on the stock from $3.50 to $7.50
The distributed solar energy systems provider recently delivered first quarter 2016 revenue of $17.23 million in its financial results, representing an 81% increase year over year.
Vivint Solar has 107.18M Shares Outstanding, Market Capitalization (intraday) of $400.86M and VSLR stock one-year range is from $2.16 to $16.00 per share
Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. GalaxyStocks is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read full disclaimer at http://galaxystocks.com/disclaimer/