Psivida Ltd. (NASDAQ: PSDV) has pummeled through its 20 day moving average of $4.43 to settle at $4.14 with a volume of 13,145 shares. Company's trading below its 200 day moving average of $5.15 within relative strength index of 33.57.
pSivida Corp. develops drug delivery products that are administered by implantation, injection or insertion. Once administered, a drug is released on a controlled and level basis for months or years. The Company has two core technology systems, Durasert and BioSilicon. pSivida Corp. has one product candidate for chronic eye disease that has been given Priority Review by the United States Food and Drug Administration (FDA). It has a collaboration with Pfizer, Inc.
SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) is currently up 1.18% or five cents to settle at $4.30 with a moderate volume of 186,486 shares compared to its average volume of 289,627 shares.company has been trading between $2.08 and $4.50 in the last 52 weeks with a market cap of $205 million. Its one-year target estimate is $5.63.
SciClone Pharmaceuticals, Inc. (SciClone ) is a global specialty pharmaceutical company. It has a product portfolio of therapies for cancer and infectious diseases. SciClone has in-licensed two products that are part of this international commercial growth strategy, DC Bead and ondansetron RapidFilm. Its DC Bead product candidate is a treatment for liver cancer, which is approved in 40 countries worldwide, including Europe and the United States.
China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) has surged 6.14% or $.42 to settle at $7.26 with an increased volume of 5.5 million shares traded compared to its 3.9 million shares traded for the past three months. The stock has been trading between $.60 and $10.84 in the last 52 weeks and has a target price of $10.40.
China Shen Zhou Mining & Resources, Inc. (CSZM) is engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in the People's Republic of China. The Company's business is conducted through its China-based subsidiaries. It operates mines in the Inner Mongolia Autonomous Region and Xinjiang Uygur Autonomous Region.
Banks.com (AMEX: BNX) has been relatively unchanged at $.28 with an average volume of 132,553 shares for the past three months. The stock has been trading between $.28 and $.80 in the past 52 weeks with a market capitalization of $7.27 million.
Banks.com, Inc. owns and operates Internet Web and media properties that provide targeted online advertising opportunities. Through banks.com, it provides access to current financial content, including financial news, business articles, interest-rate tables, stock quotes, stock tracking and financial calculators. It also provides users access to online financial services including tax preparation and stock brokerage. Banks.com, Inc. operates other search and shopping related Websites including look.com and searchexplorer.com. It generates revenue on these sites primarily via traffic generation and search engine marketing efforts.
Zhone Technoogies, Inc. (NASDAQ: ZHNE) had a moderate gain of 0.31% or one cent to settle at $2.57 with the light volume of 37,017 shares. The company has been trading between $1.13 to $3.24 in the past 52 weeks with an average market capitalization of $78 million.
Zhone Technologies, Inc. (Zhone) designs, develops and manufactures communications network equipment for telecommunications, wireless and cable operators worldwide. Its products and solutions allow network service providers to migrate from traditional circuit-based networks to packet-based networks. In addition to its product offerings, Zhone launched the flagship MXK IP Multi-service Terabit Access Concentrator (MXK) and multiple new Optical Line Terminal (OLT) and outdoor units during the year ended December 31, 2009.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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