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3 Stocks to Watch For – GrubHub Inc (NYSE:GRUB), Sequenom Inc (NASDAQ:SQNM), HCP Inc (NYSE:HCP)

Two of the three US stock markets fell after the US Federal Reserve decided to hold rates steady.

The Dow Jones closed down 65.21 points at 16,674, while the S&P 500 fell 5 points to 1,990.

However, the tech-heavy Nasdaq was up 4 points at 4,893.

The Fed kept the key federal funds rate target at 0 to 0.25%, a rate which has been unchanged since December 2008. The Fed cited concerns about the strength of the global economy.

Before the decline, markets gained shortly after the decision. The move came as a surprise to some investors.

ValuePennyStocks.com provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word VALUE To 555888 From Your Cell Phone.

GrubHub Inc (NYSE:GRUB) started its trading session with the price of $26.61 and closed at $27.75 by scoring 3.16%. The stocks traded with total volume of 3.85 million shares, while the average trading remained 1.86 million shares. Its quarterly performance remained in the red with the percentage of -22.53, while its year to date performance showed that the stock plunged overall -22.64%. The 52 week range of the stock was $24.85 – $47.95. GrubHub Inc (NYSE:GRUB) promulgated financial results for the quarter ended June 30, 2015.

Second Quarter 2015 Highlights

The following results reflect the financial performance and key operating metrics of our business for the three months ended June 30, 2015 as contrast to the same period in 2014.

Second Quarter Financial Highlights

  • Revenues: $88.0 million, a 47% year-over-year enhance from $60.0 million in the second quarter of 2014.
  • Non-GAAP Adjusted EBITDA: $28.4 million, a 68% year-over-year enhance from $16.9 million in the second quarter of 2014.
  • Net Income: $9.4 million, or $0.11 per diluted share, a 247% year-over-year enhance from $2.7 million, or $0.03 per diluted share, in the second quarter of 2014.
  • Non-GAAP Net Income: $15.0 million, or $0.17 per diluted share, a 146% year-over-year enhance from $6.1 million, or $0.07 per diluted share.

Will GRUB Continue To Move Higher? Find Out Here

Sequenom, Inc. (NASDAQ:SQNM) the company showing positive moves, traded with a climb of 17.87% and closed at $2.44, after gaining total volume of 3.67 million shares. Its opening price was $2.32. Its earnings per share (EPS) is $0.14 and its beta value stands at $0.78 points. In its last one month’s trade it advanced 6.55%. The company has total market capitalization of $245.23 million and a total of 118.47 million outstanding shares. Sequenom, Inc. (NASDAQ:SQNM) a life sciences company committed to enabling healthier lives through the development of innovative products and services, stated total revenues of $32.8 million for the second quarter of 2015, a decrease of 18% contrast to revenues of $39.8 million for the second quarter of 2014.  Revenues for the second quarter of 2014 comprised of about $6.1 million of incremental “catch-up” payments from payors for services performed in preceding periods, in addition to the incremental change for the conversion from cash to accrual accounting for certain payors. No noteworthy catch-up collections were received in the second quarter of 2015, as the timeliness of collections has improved with additional payor contracts.  Sequenom now has coverage for 172 million commercial lives and 40 million lives under Medicaid programs. The second quarter of 2015 had lower diagnostic services revenues contrast to the second quarter of 2014 by about $3 million, associated with the conversion of a referring laboratory partner to a patent pool licensee.

License revenues raised to $1.9 million for the second quarter of 2015, contrast to $0.4 million for the second quarter of 2014, reflecting the enhance in test fees under the Pooled Patents Agreement that was signed in December 2014.

Will SQNM Continue To Move Higher? Find Out Here

HCP, Inc. (NYSE:HCP) reported the surge of 1.86% and closed at $38.38, with the total traded volume of 3.57 million shares. The stock’s opening price was $37.61. During last trade its minimum price was $37.48 and it gained its highest price of $39.07. The company has a total of 462.59 million outstanding shares and its total market capitalization is $17.43 billion. The 52-week price range of the stock remained $35.37 – $49.61. HCP, Inc. (NYSE:HCP) is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry counting sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing. The fund also invests in mezzanine loans and other debt instruments.

Will HCP Continue To Move Higher? Find Out Here

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