Banco Santander, S.A. (NYSE:SAN) May Widen 52-Week Low As European Finance Ministers Approve Rescue Aid For Spain – (ONXX, SAPX, ASTX)

Shares of Banco Santander, S.A. (ADR) (NYSE:SAN) moved down 4.89 percent to $4.86 in pre-market session from a record low level it marked on Friday. Spanish stocks faced a fall today as market participants guessed that a banking sector rescue fund and an empowerment of the EU’s financial aid could not solve Spain’s underlying economic problems. With Spanish region of Valencia looking for a salvage package from the Central Government, investors considered that a sovereign bailout would be necessary for Spain.

 

Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX)

Onyx Pharmaceuticals Inc. opened higher Friday in early trade. Shares surged higher in the early afternoon and ended on $76.38 by moving up +11.67% on above average volume of 9.24 million shares.

Onyx Pharmaceuticals broke out of a one-month range and hit a new high of $79.20 for the year after the company announced that the FDA approved accelerated endorsement of Kyprolis for Injection, a proteasome inhibitor, indicated for the treatment of patients with multiple myeloma.

[article_detail_ad_1]Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) has net profit margin of 15.28% and operating margin of 19.48%. It gained 5.15% return on assets and its return on equity was 9.58%.

 

Seven Arts Pictures plc (NASDAQ:SAPX)

Seven Arts Pictures Plc is engaged in the production and licensing of motion pictures in the United Kingdom and overseas.

Shares of Seven Arts Pictures plc reported a gain after the SAPX announcement and the US theatrical release of the Film “Drunkboat.” The film, released on Friday, July 13th, exclusively through AMC Movie Theatres all over major cities to include Chicago, Los Angeles, New York and Boston.

Seven Arts Pictures plc (NASDAQ:SAPX) surged 25.00% to close at $0.0500 with the total traded volume of 3.83 million shares. Stock’s 52 weeks high price was $5.75 and 52 weeks low was $0.02.  SAPX has earnings per share of $1.25 and its price to earnings ratio ended at 0.04.

 

Astex Pharmaceuticals, Inc. (NASDAQ:ASTX)

Astex Pharmaceuticals, Inc. (NASDAQ:ASTX) reported a gain of +13.51% and closed at $2.52 with the total traded volume of 4.83 million shares in last trading session. Its fifty two week range was $1.51-$3.16. The total market capitalization remained $234.64 million.

ASTX is ahead of its 52 week low with 66.89% and its last month price volatility remained 2.89%. Its beta coefficient was 1.05 with a target price of $4.25. In its share capital ASTX has 99.11 million outstanding shares while 90.27 million shares have been floated in market. ASTX has insider ownership of 0.52% while its institutional ownership remained 41.40%. Company’s current year earnings per share reduced with 7.24% while the five year EPS growth rate was +11.93%.

 

 

 

 

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