Moving Stocks: La Jolla Pharmaceutical (LJPC), eBay (EBAY), Voltari Corp (VLTC), Applied Optoelectronics (AAOI)

La Jolla Pharmaceutical Co. (LJPC) gaining 3.91% to $32.66 in recent trade despite a cautious Street Sweeper mention. The publication suggests “insider questions should chop [ticker’s] valuation by well over half”.

LJPC is currently valued at $477.35 million. The name has a median Wall Street price target of $28.00 with a high target of $60.00. Approximately 182K shares have changed hands, compared to the stock’s average daily volume of 199.21K.

In the past 52 weeks, shares of San Diego, California-based biopharmaceutical company have traded between a low of $7.20 and a high of $33.18 with the 50-day MA and 200-day MA located at $23.65 and $20.79 levels, respectively. Additionally, shares of LJPC trade at a P/E ratio of (1.00) and have a Relative Strength Index (RSI) and MACD indicator of 83.46 and +3.84, respectively.

LJPC currently prints a one year return of about 251.17% and a year-to-date return of around 70%.

Shares of eBay Inc. (EBAY) hit a new 52-week high on Monday, printing the tape at $63.74. That’s a 37.55% rise, or $17.4 per share from the 52-week low of $46.34 set in October 16, 2014.

The stock closed at $62.37 at the end of Friday’s trading session, printing a one-year return of about 24% and year-to-date return of around 11%.

Shares of Voltari Corporation (VLTC) are rallying, up nearly 30 percent to fresh July highs  ($6.16) on Monday morning. Not seeing any news to account for the move. Approximately 2.5 million shares have changed hands, compared to the stock’s average daily volume of 3.2 million shares.

Applied Optoelectronics, Inc. (AAOI) shares are up $3.36 to $20.27 in midday trading Monday after the company guided Q2/15 revenue of $49.6 million, as compared to analysts’ expectations of $43.15 million. The management also gave its bottom line range of $0.36 to $0.38 per share, against projections of $0.27 per share.

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