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Los Angelas, CA -- (SBWIRE) -- 10/15/2012 -- Sycamore Networks (NasdaqNM:SCMR) is +0.53 - +11.35% from the previous close of $4.67. It traded between $4.74 - 5.45 with total traded volume of 2319809 shares. At Current Market Price, SCMRis in distance of -64.62% from its 50-day Moving Average price of $14.6989 and -64.80% from its 200-day Moving Average price of $14.7732. Sycamore Networks, Inc.(NASDAQ:SCMR) shares jumped 14.56% to $5.35 after the company posted fourth-quarter GAAP net loss of $2.5 million, or $0.09 per share, narrower than $3.6 million, or $0.13 per share in the prior year quarter. Non-GAAP net loss narrowed to $0.9 million, or $0.03 per share from $2.5 million, or $0.0.09 per share in the comparable quarter last year. Revenue for the fourth quarter of fiscal 2012 was $16.8 million, compared to $13.0 million in the year-ago period.
Can SCMR Continue to Rise? Find Out Here
AEterna Zentaris (NGM:AEZS) is -0.69 - -22.12% from the previous close of $3.12. It traded between $2.35 - 2.48 with total traded volume of 6053372 shares. Keep a close eye on AEZS, as the stock has been showing unusual moves over the past weeks. At Current market price, AEZS has recovered +6.58% from its 52-week Low of 2.28 and has Pulled back -81.34% from its 52-week high of 13.02. Aeterna Zentaris Inc. (NASDAQ:AEZS) announced pricing of $16.5 million public offering of common stock and warrants. The company plans to use the net proceeds for the continued development of perifosine in multiple myeloma and the advancement of its AEZS-108 and AEZS-130 programs. U.S.-listed shares of the drug-development company plunged 22.28 percent.
Can AEZS Bounce Back From Here and Touch $12.00: CHECK HERE
OCZ Technology Gr (NCM:OCZ) is -0.39 - -20.97% from the previous close of $1.86. It traded between $1.45 - 1.84 with total traded volume of 13499833 shares. Keep a close eye on OCZ, as the stock has been showing unusual moves over the past weeks. At Current market price, OCZ has recovered +1.38% from its 52-week Low of 1.45 and has Pulled back -85.37% from its 52-week high of 10.05. The suffering continues for shareholders in solid-state driver maker OCZ Technology. OCZ shares took a pounding earlier in the week after the company warned that results for its fiscal second quarter ended August 31 will be “materially lower” than it had previously expected. The company also said the reduced guidance reflects “the impact of customer incentive programs which were discovered subsequent to the preliminary announcement during the normal close process, and which the company will be reporting as a material weakness” in its 10-Q for the filing. OCZalso said it expects to report “negative gross margins and a significant net loss” for the quarter.
How Should Investors React To OCZ Now? Find Out Here
XenoPort, Inc. (NasdaqNM:XNPT) is -1.26 - -10.58% from the previous close of $11.91. It traded between $10.57 - 11.49 with total traded volume of 697669 shares. Keep a close eye on XNPT, as the stock has been showing unusual moves over the past weeks. At Current market price, XNPT has recovered +207.80% from its 52-week Low of 3.46 and has Pulled back -17.95% from its 52-week high of 12.98. Piper Jaffray downgraded shares of Xenoport (NASDAQ: XNPT) from an overweight rating to a neutral rating in a report issued on Friday. They currently have $12.00 target price on the stock. Several other analysts have also recently commented on the stock. Analysts at Wells Fargo & Co. reiterated an outperform rating on shares of Xenoport in a research note to investors on Friday, October 5th. They now have a $15.00 price target on the stock, up previously from $14.00. Separately, analysts at Deutsche Bank raised their price target on shares of Xenoport from $10.00 to $12.00 in a research note to investors on Friday.
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