Bullish Movers: Oramed Pharmaceuticals, Inc. (NASDAQ:ORMP), Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG), Guanwei Recycling Corp. (NASDAQ:GPRC), Voltari Corp (NASDAQ:VLTC), GigaMedia Limited (NASDAQ:GIGM)

Posted by on May 31, 2014

Oramed Pharmaceuticals Inc. (NASDAQ:ORMP) a clinical-stage pharmaceutical company focused on the development of oral drug delivery systems, announced that it has been added to the Morgan Stanley Capital International (MSCI) MicroCap Index, effective as of market close on May 30, 2014. Oramed Pharmaceuticals, Inc. (NASDAQ:ORMP) weekly performance is -11.19%. On last trading day company shares ended up $8.33. Analysts mean target price for the company is $31.00. Oramed Pharmaceuticals, Inc. (NASDAQ:ORMP) distance from 50-day simple moving average (SMA50) is -22.21%.

On May 28, TetraLogic Pharmaceuticals Corporation (NASDAQ:TLOG) announced that data from the phase 1 randomized placebo controlled clinical study of SHAPE (SHP 141) in Stage IA –IIA Cutaneous T Cell Lymphoma will be presented at the American Society of Clinical Oncology meeting to be held in Chicago from May 30– June 3, 2014. Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG) shares advanced 8.74% in last trading session and ended the day on $4.48. Its return on assets is -892.00%. Tetralogic Pharmaceuticals Corp (NASDAQ:TLOG) quarterly performance is -48.45%.

O May 23, Guanwei Recycling Corp. (NASDAQ:GPRC), China’s leading clean tech manufacturer of recycled low density polyethylene (LDPE), said that it came to the Company’s attention that a local newspaper had published an article in which it referred to an alleged $60 million agreement made by the Company to expand its manufacturing facility. Guanwei Recycling Corp. (NASDAQ:GPRC) shares moved up 12.14% in last trading session and was closed at $1.57, while trading in range of $1.40 – $1.60. Guanwei Recycling Corp. (NASDAQ:GPRC) year to date (YTD) performance is -45.49%.

On May 27, Voltari Corporation (NASDAQ:VLTC) announced that its 2014 annual meeting of stockholders (the “2014 Annual Meeting”) has been scheduled for July 28, 2014 in New York, NY. The record date for the 2014 Annual Meeting has been set as the close of business on June 16, 2014. Voltari Corp (NASDAQ:VLTC) ended the last trading day at $2.42. Company weekly volatility is calculated as 24.66% and price to cash ratio as 0.36. Voltari Corp (NASDAQ:VLTC) showed a positive weekly performance of 0.41%.

On May 13, GigaMedia Limited (NASDAQ:GIGM) announced its unaudited financial results for the first quarter of 2014. Consolidated gross profit for the first quarter of 2014 was $1.0 million compared to $1.2 million in the fourth quarter of 2013 and to $2.3 million in the first quarter of 2013. First-quarter 2014 consolidated gross profit margin was 46.6 percent compared to 34.2 percent in the fourth quarter of 2013 and 55.7 percent in the first quarter of 2013. GigaMedia Limited (NASDAQ:GIGM) weekly performance is 6.80%. On last trading day company shares ended up $1.10. Analysts mean target price for the company is $1.50. GigaMedia Limited (NASDAQ:GIGM) distance from 50-day simple moving average (SMA50) is -9.48%.

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