Investors Feeling Jittery About Top Ships Inc. (TOPS), Mirati Therapeutics, Inc. (MRTX)

Top Ships Inc. (NASDAQ:TOPS) attracted a higher number of shares in volume with 4.29 million contracts traded on 03-Oct-17. However, its trading capacity stayed around 1.58 million shares in normal days. The first sale was made at $0.301 but later the stock became weaker, and closed with a gain of 1.72%. It was last traded at $0.29 apiece.

Top Ships Inc. Reports 5.5% Sales Growth

Top Ships Inc. (TOPS) remained unsuccessful in beating the consensus-estimated $Last Week as it actually earned $Last 4 Weeks per share in its last reported financial results. Revenue, on the other hand, scored 5.5% growth from the previous quarter, coming up with $23 million.

TOPS Retreats -12.47% In A Week

This company shares (TOPS) so far managed to recover 5.36% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 17.95% while shortening the period to a week, volatility was 19.74%. The share price has yet to cross its 20 days moving average, floating at a distance of -26.34% and sits -87.5% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -12.47% losses and is down by -100% compared with its 200-day moving average of $111.836. Also, Top Ships Inc. (TOPS) needs to overturn a -100% decrease it experienced over the past twelve months.

Mirati Therapeutics, Inc. (NASDAQ:MRTX) Consensus Call At 2

As regular trading ended, Mirati Therapeutics, Inc. (MRTX) stock brought in a 0 drop to $13.3. The day started at a price of $13.2 but then traded as high as $13.35 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2. Mirati Therapeutics, Inc. is given 2 buy-equivalent recommendations, 0 sells and 2 holds. The company shares sank -3.62% from their peak of $13.8 and now has a $331.84 million market value of equity.

Mirati Therapeutics, Inc. Could Grow -7.29% More

MRTX’s mean recommendation on Reuter’s scale slipped from 2.2 thirty days ago to 2 now, which indicates a hold consensus from the analyst community. They see Mirati Therapeutics, Inc. (MRTX) price hitting a mean target of $12.33 a share, meaning the stock still has potential that could drag the price another -7.29% Also, the recent close suggests the stock is underpriced by 35.34% compared to the most bullish target.

Mirati Therapeutics, Inc. (MRTX) Returns 180% This Year

The company had seen its current volume reaching at 0.6 million shares in the last trade. That compares with the recent volume average of 1.25 million. At the close of regular trading, its last week’s stock price volatility was 9.06% which for the month reaches 9.84%. Mirati Therapeutics, Inc. dipped to as low as $12.65 throughout the day and has returned 180% in this year. At one point in the past year, the shares traded as low as $2.7 but has recovered 392.59% since then.

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