Morning Buzz: Galena Biopharma Inc (NASDAQ:GALE), Ritter Pharmaceuticals, Inc. (NASDAQ:RTTR), Knight Transportation Inc. (NYSE:KNX), Eastern Virginia Bankshares Inc. (NASDAQ:EVBS), Signature Bank (NASDAQ:SBNY)

Galena Biopharma Inc (NASDAQ:GALE) reported its financial results for the quarter ended June 30, 2015 and provided a business update. Operating loss for the second quarter of 2015 was $11.3 million, including $0.6 million in stock based compensation, compared to an operating loss of $15.8 million, including $1.5 million in stock-based compensation for the same period last year. Galena Biopharma Inc (NASDAQ:GALE) belongs to Healthcare sector. Its weekly performance is -1.81%. On last trading day company shares ended up $1.63. Galena Biopharma Inc (NASDAQ:GALE) distance from 50-day simple moving average (SMA50) is -7.64%.

On 5 August, Ritter Pharmaceuticals, Inc. (NASDAQ:RTTR) announced that William (Bill) Merino has been retained as a senior clinical and regulatory advisor to the company. Ritter Pharmaceuticals, Inc. (NASDAQ:RTTR) shares moved down -5.29% in last trading session and ended the day at $3.40. RTTR return on assets is -370.40%.

Knight Transportation Inc. (NYSE:KNX) announced that its Board of Directors has declared the company’s quarterly cash dividend of $0.06 per share of common stock. This quarterly dividend is pursuant to a cash dividend policy approved by the Board of Director. The company’s dividend is payable to shareholders of record on September 4, 2015 and is expected to be paid on September 25, 2015. On 06 August, Knight Transportation Inc. (NYSE:KNX) shares moved down -1.63% and was closed at $27.20. KNX EPS growth in last 5 year was 15.80%. Knight Transportation Inc. (NYSE:KNX) year to date (YTD) performance is -18.87%.

On 24 July, Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) reported its results of operations for the three and six months ended June 30, 2015. Net interest margin (tax equivalent basis) increased 11 basis points to 3.93% during the second quarter of 2015 as compared to 3.82% for the same period in 2014. Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) ended the last trading day at $6.44. Company weekly volatility is calculated as 1.11% and price to cash ratio as 0.86. Eastern Virginia Bankshares Inc. (NASDAQ:EVBS) showed a weekly performance of 1.42%.

FBR & Co. started coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note released on Wednesday morning. The firm issued an outperform rating and a $167.00 target price on the stock. Signature Bank (NASDAQ:SBNY) shares moved down -1.99% in last trading session and ended the day at $146.53. SBNY return on assets is 1.20%. Signature Bank (NASDAQ:SBNY) quarterly performance is 6.75%.

Leave a Reply

Your email address will not be published. Required fields are marked *