New York, NY – (NISMAGAZINE) – 04/01/2013- Sunrise Holdings Ltd (PINK:SUIP) is currently trading at $0.0411 up by 311.00%. The market capitalization for the stock is $0.28 million; it has a beta of 3.06. In its current trading session around 1.05 million shares exchanged hands. With the rise in price in its current trading session the RSI for the stock is now 75.78 and the stock has moved into an overbought zone. The stock is trading above its 50 days moving average of $0.010, there has been a sharp increase in volume in today’s trading session. SUIP is an exploration-stage company, which is a mining resource company. SUIP is heading towards establishing and developing some projects in Asia. As of September 30, 2012, SUIP had no operations and no revenue.
How Should Investors Trade SUIP Now? Find out here.
BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) announced that it has received 2 important letters. BCRX has received a comment letter from U.S. Food & Drug Administration (FDA) outlining a pathway by which BioCryst could file a New Drug Application (NDA) for the intravenous flu treatment. BCRX has also received written notification, from the Department of Health and Human Services, directing the company to cease work on peramivir, in the form of a stop-work order. The Biomedical Advanced Research and Development Authority (BARDA/HHS) will keep supporting and funding certain activities necessary to achieve immediate milestones and to be in compliant with the FDA regulations or to fulfill pending FDA requests. Jon Stone house the CEO of BCRX stated that the letters were “encouraging” and the objective of the company is obtain an approval of peramivir as an intravenous treatment option, which will benefit the patients. BCRX will file an NDA for peramivir, immediately after the conversation with the FDA and BARDA succeeds. The stock is up by 26.05% and is trading close to $1.50, 2.68 million shares exchanged hands in today’s trading session. The stock breached its 50 day moving average in today’s trading session which is $1.39. The increase in recent volatility the stock RSI for the stock is now 64.31.
How Should Investors Trade BCRX Now? Find out here.
Premier Exhibitions, Inc. (NASDAQ:PRXI) the stock is up by 8.27% and is trading close to $2.88. At the current level the P/E for the stock is close to 415.58. The stock has experienced huge volatility since past three months. The stock has surged in past two weeks; it is now trading above its 50 days moving average of $2.40. The RSI for the stock is now 73.50 which indicate that the stock has moved into an overbought zone. The market capitalization of the stock is $141.32 million, with 49.07 shares outstanding. Around 0.57 million shares exchanged hands in today’s trading session. The beta of the stock is 1.18.
Is PRXI a solid investment at these levels? Find out here.
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