Stocks to Track: NeoPhotonics Corporation (NYSE:NPTN) , AMC Entertainment Holdings, Inc. (NYSE:AMC)

On 4/6/2017, Shares of NeoPhotonics Corporation (NYSE:NPTN) closed at $8.54 in last trading day. After noting the initial trading entry at $8.49, it reached to a day’s high of $8.58 and moved to a day’s low of $8.22. The recent daily volume was 982.76 thousand as contrast to it’s an average volume of 1.22 million.

Technical Indicators:

The last close of the NeoPhotonics Corporation stock reflects that it traded -11.70% from its 50-day moving average of $9.67. The stock traded below -29.71% to its 200-day MA of $12.15. Furthermore, it moved lower -53.86% from its 52-week high of $18.51 and +23.77% up from $6.90, which is 52-week low of the stock.

NeoPhotonics Corporation’s (NPTN) moved with shift of -6.15% in the past week. Over the last three months, the shares of the company have changed -22.15% and performed -49.35% over the last six months. The stock currently has Monthly Volatility of 6.71% and Weekly Volatility of 3.85%.

April 7, 2017 NeoPhotonics Corporation (NPTN), a leading designer and manufacturer of advanced hybrid photonic integrated optoelectronic modules and subsystems for bandwidth-intensive, high-speed communications networks,  announced that Ray Wallin, Chief Financial Officer, will resign from his position effective May 15, 2017 and will remain as a consultant to the Company for a three-month transition period. Mr. Wallin has served as the CFO of NeoPhotonics since December 2013.

 

“We thank Ray for the contributions he made to NeoPhotonics over the last three years,” said Tim Jenks, President and Chief Executive Officer of NeoPhotonics. “Leveraging his expertise, Ray played an important role in building a strong finance organization and has added to the strength of the Company’s financial position. We wish him all the best in his future endeavors,” concluded Jenks.

AMC Entertainment Holdings, Inc. (NYSE:AMC) finalized the last transaction at value of $30.80, with a daily change of -0.65% or -0.20 points. The company maintained volume of 932.05 thousand shares. In past trading day, the stock hit the maximum price of $31.00 and touched to minimum value of $30.35. It has a market cap of $ 3.39B.

Technical Indicators:

As of last trade close, the stock is trading  downside -13.60% from its one year high of $35.65 and moved +19.61% upward from $25.75, which is one year low of the stock.

The stock traded above +0.58% from its 50-day moving average of $30.62. Furthermore, the stock moved -4.64% to its 200-day MA of $ 32.30.

During the last month, AMC Entertainment Holdings, Inc.’s (AMC) has changed 4.94% and performed -2.34% over the last 6 months. The mean rating score for this stock is at 2.20. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 2.00% in recent month and observed Weekly Volatility of 2.11%.

April 7, 2017 Aida Minerals Corp. (CSE: AMC) (the “Optionee”) is pleased to announce pursuant to the Mineral Property Option Agreement (the “Option Agreement”), Aida has the right to explore and develop the Tay-LP Gold Property located approximately 47 kilometers southwest of Ross River, Yukon Territory.

 

In consideration of the Tay-LP Option Agreement, Aida has agreed to issue 200,000 shares to Long and Associates (the “Optionor”). Further consideration consists of cash payment of $20,000 by September 3, 2017, and a further $25,000 on or before December 30, 2017, and further cash payments of $40,000 on or before December 30, 2018; $60,000 on or before December 30, 2019; and $100,000 on or before December 30, 2020. Work commitments are $150,000 in 2017; $250,000 in 2018; $500,000 in 2019; and $1,000,000 in 2020. The Optionor will retain a two (2) percent net smelter return upon completion of the terms to acquire 100% of the property, with a $20,000 per year pre-production Royalty paid on or before December 30, of each year. This is repayable to Optionee upon commencement of production and sale of product. The Company doesn’t have funds on hand to carry out the exploration and is reliant on raising further funds from an equity financing or assigning the obligations to a joint venture partner.

 

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