Whats Hot Today : Sequenom Inc. (NASDAQ:SQNM), Corning Inc. (NYSE:GLW), Gibraltar Industries, Inc. (NASDAQ:ROCK), United Community Bancorp (NASDAQ:UCBA), Fieldpoint Petroleum Corp. (NYSEMKT:FPP)

Technology Stocks News 18

On Sept. 22, Sequenom Inc. (NASDAQ:SQNM) announced that its wholly owned subsidiary, Sequenom Laboratories, presented patient clinical data substantiating the performance of its MaterniT21® PLUS noninvasive prenatal test (NIPT) in the laboratory. An ad hoc analysis of 185,000 samples from patients at high-risk for fetal chromosome aneuploidy demonstrated stable positivity rates for trisomy 21, 18 and 13, which mirror the positivity rates found in large studies on high-risk populations utilizing invasive diagnostic procedures. Additionally, Sequenom Laboratories reported performance results from clinical testing with the MaterniT21 PLUS test with Enhanced Sequencing Series. Sequenom Inc. (NASDAQ:SQNM) belongs to Healthcare sector. Its net profit margin is -33.30% and weekly performance is -8.20%. On last trading day company shares ended up $2.86. Sequenom Inc. (NASDAQ:SQNM) distance from 50-day simple moving average (SMA50) is -21.19%.

Corning (NYSE:GLW) has received an “A-” credit rating from Morningstar. The investment research firm’s “A-” rating indicates that the company is a low default risk. They also gave their stock a three star rating. Corning Inc. (NYSE:GLW) shares moved down -2.79% in last trading session and ended the day at $18.80. GLW Gross Margin is 41.40% and its return on assets is 4.30%. Corning Inc. (NYSE:GLW) quarterly performance is -14.04%.

Zacks restated their outperform rating on shares of Gibraltar Industries (NASDAQ:ROCK) in a report issued on Wednesday. They currently have a $17.00 target price on the stock. On 01 October, Gibraltar Industries, Inc. (NASDAQ:ROCK) shares moved up 0.58% and was closed at $13.77. ROCK EPS growth in last 5 year was -17.30%. Gibraltar Industries, Inc. (NASDAQ:ROCK) year to date (YTD) performance is -25.93%.

United Community Bancorp (NASDAQ:UCBA), parent bank holding company to United Community Bank announced Monday (Sept. 29) plans to merge with Community Bancorp of Louisiana, Inc., parent bank holding company of Community Bank. United Community Bancorp (NASDAQ:UCBA) ended the last trading day at $11.77. Company weekly volatility is calculated as 1.91% and price to cash ratio as 2.42. United Community Bancorp (NASDAQ:UCBA) showed a weekly performance of 0.86%.

FieldPoint Petroleum Corporation (NYSE/MKT: FPP) provided an update on recent drilling activity. FieldPoint successfully recompleted its University Z1 well in Andrews County Texas. The well formerly produced from the Devonian formation but was perforated and acidized in the Wolfcamp zone and has begun to produce oil. The jet pump was re-installed, but a casing repair will be required before the well begins full production. The Company also reactivated the State of Texas Z2 well on the same property. Oil flow was re-established from the Devonian formation after some remedial work, but the Z2 will also need casing repair before it can be returned to production. Phillip Roberson, FieldPoint President and CFO, stated, “We are pleased with the initial results from the workover of these wells and expect to have them both on production in October. We anticipated the possible need for casing repairs since we are dealing with almost thirty year old casing.” Fieldpoint Petroleum Corp. (NYSEMKT:FPP) shares moved down -1.25% in last trading session and ended the day at $3.96. FPP Gross Margin is 60.40% and its return on assets is 3.40%. Fieldpoint Petroleum Corp. (NYSEMKT:FPP) quarterly performance is -27.61%.

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