Trending Tickers – La Jolla Pharmaceutical Company (NASDAQ:LJPC) , Trex Company, Inc. (NYSE:TREX) , ResMed Inc. (NYSE:RMD), StemCells Inc (NASDAQ:STEM)

Technology Stocks News 6

La Jolla Pharmaceutical Company (NASDAQ:LJPC) filed an S-3 on June 27 for a stock-and-warrant offering of $150M.Wedbush raises its PT to $45 from $34, representing a ~4x rise from today’s price. This is a clear signal that it is an underwriter on the issue. La Jolla Pharmaceutical Company (NASDAQ:LJPC) stock performance was 18.99% in last session and finished the day at $10.65. Traded volume was 1.05million shares in the last session and the average volume of the stock remained 114.05K shares. The beta of the stock remained 1.91. La Jolla Pharmaceutical Company (NASDAQ:LJPC) insider ownership is 17.70%.

Shares of Trex Company (NASDAQ:TREX) have earned an average recommendation of “Buy” from the eight analysts that are covering the stock, Stock Ratings Network.com reports. Four research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $37.36. Trex Company, Inc. (NYSE:TREX) rose 0.52 percent to $27.21 Friday on volume of 497.78K shares. The intra-day range of the stock was $26.84 to $28.00. Trex Company, Inc. (NYSE:TREX) has a market capitalization of $913.98million.

RESMED INC. (NYSE:RMD) today announced that it will report its fourth quarter and fiscal year ended June 30, 2014 results on Thursday, July 31, 2014, after the New York Stock Exchange market close. A press release with ResMed’s results will be issued after 1:00 p.m. US Pacific Time and the company will host a webcast to discuss operating results and future outlook. ResMed Inc. (NYSE:RMD)’s stock on July 11, 2014 reported a decrease of -0.67% to the closing price of $49.26. Its fifty two weeks range is $41.09 -$56.46. The total market capitalization recorded $6.91billion. The overall volume in the last trading session was 681.72K shares. In its share capital, RMD has 140.33million outstanding shares.

California’s StemCells Inc (NASDAQ:STEM) announced Wednesday it was taking steps to deal with a “risk of conflict of interest” two days after its former president took a position with a company that the state agency had been funding. On Friday, shares of StemCells Inc (NASDAQ:STEM) advanced 1.49% to close the day at $2.05. Company return on investment (ROI) is -101.80% and its monthly performance is recorded as 43.36%.  StemCells Inc (NASDAQ:STEM) quarterly revenue growth is 61.42%.

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