Atlanta, GA – Scibility Media – 11/19/2014.
This article discusses two companies: NeoStem Inc(NASDAQ:NBS) and Inter Parfums, Inc.(NASDAQ:IPAR)
NeoStem Inc(NASDAQ:NBS) traded for as little as $4.50 yesterday, a new 52 week low for the company. The company announced initial positive data for its Phase 2 PreSERVE AMI clinical trial on Nov. 17th, 2014, which included a statistically significant mortality benefit and dose-dependent reduction in SAEs.
The company presented at the Stifel 2014 Healthcare Conference in New York City on Nov. 18th. On Thursday, NeoStem will be presenting at the Jefferies 2014 Global Healthcare Conference.
The company, which has a market capitalization of $241.20 million, had a trading volume of 4.14 million yesterday. This figure is 3.85 million lower than NeoStem’s three month average volume of 0.29 million, indicating that investor interest in the stock has increased. The company’s CFO will then present at German Equity Forum 2014.
Inter Parfums, Inc.(NASDAQ:IPAR) also traded for a new 52 week low of $24.81 during yesterday’s trading. The loss came one day after the company provided preliminary 2015 guidance, which included a call for a net sales growth of approximately 7%. Inter Parfums expects a net sales of approximately $500 million for 2015.
The company reported its third quarter financial results on Nov. 10th. The figures included a net sales year-over-year increase of 6% from $126.8 million to $134.2 million.
Like NeoStem, this company has also seen investor interest in its stock increase. While Inter Parfums has a three month average volume of 0.12 million, the company had a volume of 0.66 million yesterday.
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