Active Stocks to Watch: ArcelorMittal SA (ADR) (NYSE:MT), MGM Resorts International (NYSE:MGM), Authentidate (NASDAQ:ADAT), Texas Pacific Land Trust (NYSE:TPL), Prosperity Bancshares (NYSE:PB)

ArcelorMittal SA (ADR) (NYSE:MT) belongs to Basic Materials sector. Its net profit margin is -2.10% and weekly performance is 1.74%. On last trading day company shares ended up $9.38. ArcelorMittal SA (ADR) (NYSE:MT) distance from 50-day simple moving average (SMA50) is -11.44%. ArcelorMittal SA (ADR) (NYSE:MT) and Primetals Technologies, announce they have entered into a letter of intent to construct Europe’s first-ever commercial scale production facility to create bioethanol from waste gases produced during the steelmaking process. The resulting bioethanol can cut greenhouse gas emissions by over 80 per cent compared with conventional fossil fuels. It will predominantly be used in gasoline blending, but it can also be further processed into other products such as drop in jet fuel.

MGM Resorts International (NYSE:MGM) belongs to Services sector. Its net profit margin is 0.20% and weekly performance is 3.17%. On last trading day company shares ended up $18.85. MGM Resorts International (NYSE:MGM) distance from 50-day simple moving average (SMA50) is -3.00%. On 7 July, MGM Resorts International (NYSE:MGM) sold its Reno casino holdings Tuesday to Eldorado Resorts for $72.5 million, giving the Northern Nevada company ownership of Circus Reno and a remaining 50 percent stake in the Silver Legacy.

Authentidate Holding Corp. (NASDAQ:ADAT) shares advanced 13.33% in last trading session and ended the day at $0.17. ADAT Gross Margin is 42.90% and its return on assets is -126.00%. Authentidate Holding Corp. (NASDAQ:ADAT) quarterly performance is -32.00%. On 7 July, Authentidate Holding Corp. (NASDAQ:ADAT) announced that Renal Ventures Management, LLC (RVM), a leading Provider of dialysis services for patients suffering from chronic kidney failure, selected Authentidate’s telehealth solution for the remote monitoring of some of the dialysis patients who have kidney failure. The roll out is expected to begin in the third quarter of 2015

On 13 July, Texas Pacific Land Trust (NYSE:TPL) shares advanced 1.51% and was closed at $145.65. TPL EPS growth in last 5 year was 43.10%. Texas Pacific Land Trust (NYSE:TPL) year to date (YTD) performance is 23.43%. On 29 June, Texas Pacific Land Trust (NYSE:TPL) reported the consummation of the previously announced contract for the sale of approximately 19,607 acres of land in Upton/Crane Counties, Texas for aggregate consideration of $19,840,000. The Trust noted that land sales vary widely from year to year and quarter to quarter, and that this sale should not be considered indicative of the volume of land sales that may be expected in any future period.

Prosperity Bancshares Inc. (NYSE:PB) shares advanced 0.95% in last trading session and ended the day at $56.26. PB return on assets is 1.40%. Prosperity Bancshares Inc. (NYSE:PB) quarterly performance is 6.75%.Zacks cut shares of Prosperity Bancshares Inc. (NYSE:PB) from a buy rating to a hold rating in a research note issued to investors on Monday.

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