Stocks Getting Investor’s Attention: OmegaFlex, Inc. (NASDAQ:OFLX), SeaDrill Limited (NYSE:SDRL), Impax Laboratories Inc. (NASDAQ:IPXL), Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM), Rentrak Corporation (NASDAQ:RENT)

Technology Stocks News 4

On Dec. 18, OmegaFlex, Inc. (NASDAQ:OFLX) announced that a United States District Court in Ohio has dismissed the latest frivolous lawsuit by plaintiffs’ attorneys questioning CSST’s unparalleled safety record. In the most recent case – Schoelwer vs Omega Flex, Inc. – the trial attorneys unsuccessfully attempted to seek class action certification for their lawsuit against the Company. OmegaFlex, Inc. (NASDAQ:OFLX) belongs to Industrial Goods sector. Its net profit margin is 15.10% and weekly performance is 30.07%. On last trading day company shares ended up $37.94. OmegaFlex, Inc. (NASDAQ:OFLX) distance from 50-day simple moving average (SMA50) is 40.77%.

On Dec. 10, shareholder rights law firm Robbins Arroyo LLP announces that an investor of Seadrill Limited (NYSE:SDRL) has filed a federal securities fraud class action complaint in the U.S. District Court for the Southern District of New York. The complaint alleges that the company and certain of its officers and directors violated the Securities Exchange Act of 1934 between July 10, 2014 and November 25, 2014. SeaDrill Limited (NYSE:SDRL) shares moved up 1.94% in last trading session and ended the day at $12.60. SDRL Gross Margin is 57.40% and its return on assets is 26.40%. SeaDrill Limited (NYSE:SDRL) quarterly performance is -55.60%.

On Dec 16, an investor who currently hold shares of Impax Laboratories Inc (NASDAQ:IPXL) filed a lawsuit against certain Impax Laboratories directors over alleged breaches of fiduciary duties. On 19 December, Impax Laboratories Inc. (NASDAQ:IPXL) shares moved up 1.74% and was closed at $31.32. IPXL EPS growth in last 5 year was 41.40%. Impax Laboratories Inc. (NASDAQ:IPXL) year to date (YTD) performance is 24.58%.

On Dec 09, Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) announced that its Board of Directors has declared a quarterly cash dividend payment on the Company’s 10.50% Series E Convertible Preferred Stock (the “Series E Preferred Stock”). Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) ended the last trading day at $1.42. Company weekly volatility is calculated as 5.84% and price to cash ratio as 4.02. Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) showed a weekly performance of -4.05%.

Rentrak (NASDAQ:RENT) major shareholder Media Reporting L. Competitive sold 1,526,790 shares of Rentrak stock on the open market in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $84.10, for a total value of $128,403,039.00. Rentrak Corporation (NASDAQ:RENT) shares moved up 0.59% in last trading session and ended the day at $74.50. RENT Gross Margin is 66.40% and its return on assets is -7.30%. Rentrak Corporation (NASDAQ:RENT) quarterly performance is 39.15%.

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