Moving Stocks: Penn West Petroleum Ltd. (NYSE:PWE), Halozyme Therapeutics, Inc. (NASDAQ:HALO), SINA Corporation (NASDAQ:SINA), China Distance Education Holdings Limited (NYSE:DL), Yelp (NYSE:YELP)

On 30 July, Penn West Petroleum Ltd. (NYSE:PWE) cut its 2015 capital budget for the second time as it looks to contain costs amid a steep fall in crude oil prices. Penn West Petroleum Ltd. (NYSE:PWE) belongs to Basic Materials sector. Its weekly performance is -12.50%. On last trading day company shares ended up $1.12. Penn West Petroleum Ltd. (NYSE:PWE) distance from 50-day simple moving average (SMA50) is -29.70%.

On 5 August, Halozyme Therapeutics, Inc. (NASDAQ:HALO) announced the appointment of Jeffrey W. Henderson to its board of directors. Henderson brings nearly 30 years of financial, commercial and pharmaceutical industry expertise to the board, most recently serving for almost 10 years as chief financial officer of $100-billion health care products and services company, Cardinal Health. Halozyme Therapeutics, Inc. (NASDAQ:HALO) shares moved down -1.33% in last trading session and ended the day at $20.83. HALO Gross Margin is 71.10% and its return on assets is -33.90%. Halozyme Therapeutics, Inc. (NASDAQ:HALO) quarterly performance is 30.02%.

HSBC upped their price objective on shares of SINA Corporation (NASDAQ:SINA) from $47.00 to $67.00 in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. HSBC’s price target would indicate a potential upside of 27.45% from the stock’s previous close. On 11 August, SINA Corporation (NASDAQ:SINA) shares moved down -5.96% and was closed at $39.77. SINA EPS growth in last 5 year was -18.70%. SINA Corporation (NASDAQ:SINA) year to date (YTD) performance is 6.31%.

China Distance Education Holdings Limited (NYSE:DL) said that, it will participate in Credit Suisse North Asia Internet C-Level Conference, August 26-27, in Hong Kong at Credit Suisse’s office in the International Commerce Centre, and August 28 in Singapore at the Ritz-Carlton Millenia Hotel. China Distance Education Holdings Limited (NYSE:DL) ended the last trading day at $13.22. Company weekly volatility is calculated as 3.94% and price to cash ratio as 4.15.

On 28 July, Yelp Inc. (NYSE:YELP) said that, it connects consumers with great local businesses, today announced that Max Levchin has resigned as Chairman and Director to pursue other interests, effective immediately. Yelp Inc. (NYSE:YELP) shares moved down -2.50% in last trading session and ended the day at $25.35. YELP Gross Margin is 92.40% and its return on assets is 5.10%. Yelp Inc. (NYSE:YELP) quarterly performance is -48.09%.

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