Tocagen Inc. (TOCA) Reaches $10.16 After 3.00% Up Move; Silicon Motion Technology (SIMO) Had 15 Bulls

June 12, 2018 - By Vivian Currie

Silicon Motion Technology Corporation (NASDAQ:SIMO) Logo

The stock of Tocagen Inc. (NASDAQ:TOCA) is a huge mover today! The stock increased 5.39% or $0.52 during the last trading session, reaching $10.16. About 70,812 shares traded. Tocagen Inc. (NASDAQ:TOCA) has declined 44.41% since June 12, 2017 and is downtrending. It has underperformed by 56.98% the S&P500. Some Historical TOCA News: ; 19/04/2018 – Tocagen and ApolloBio Enter License Agreement to Develop and Commercialize Toca 511 & Toca FC in the Greater China Region; 16/04/2018 – Tocagen Presents Preliminary Toca 6 Phase 1 Data in Patients with Advanced Solid Tumors at the American Association for Cancer Research (AACR) Annual Meeting 2018; 15/03/2018 – Tocagen to Present Preliminary Toca 6 Phase 1 Data and Immune Profiling Data at the American Association for Cancer Research (A; 19/04/2018 – TOCAGEN INC – WILL BE ELIGIBLE FOR ADDITIONAL FUTURE PAYMENTS TOTALING UP TO $111 MLN UPON MEETING CERTAIN DEVELOPMENT AND COMMERCIAL MILESTONES; 18/04/2018 – TOCAGEN SAYS CO WILL BE ELIGIBLE FOR ADDITIONAL FUTURE PAYMENTS TOTALING UP TO $111 MLN UPON MEETING CERTAIN DEVELOPMENT, COMMERCIAL MILESTONES; 20/04/2018 – Tocagen at American Academy of Neurology Meeting Apr 24; 23/04/2018 – DJ Tocagen Inc, Inst Holders, 1Q 2018 (TOCA); 14/05/2018 – Tocagen to Present Preclinical Data on Anti-PD-L1 Product Candidate Toca 521 at the 2018 Annual Meeting of The American Society of Gene & Cell Therapy (ASGCT); 14/05/2018 – Tocagen to Present Preclinical Data on Anti-PD-L1 Product Candidate Toca 521 at the 2018 Annual Meeting of The American Society; 23/04/2018 – Tocagen at American Academy of Neurology Meeting TomorrowThe move comes after 5 months positive chart setup for the $202.32 million company. It was reported on Jun, 12 by Barchart.com. We have $10.46 PT which if reached, will make NASDAQ:TOCA worth $6.07 million more.




Among 20 analysts covering Silicon Motion (NASDAQ:SIMO), 15 have Buy rating, 1 Sell and 4 Hold. Therefore 75% are positive. Silicon Motion had 44 analyst reports since July 28, 2015 according to SRatingsIntel. Northland Capital maintained it with “Buy” rating and $60.0 target in Friday, October 27 report. On Wednesday, August 30 the stock rating was upgraded by Standpoint Research to “Buy”. Standpoint Research downgraded the stock to “Sell” rating in Tuesday, June 6 report. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by KeyBanc Capital Markets on Wednesday, February 7. On Friday, July 7 the stock rating was maintained by Needham with “Buy”. The company was downgraded on Tuesday, August 18 by Bank of America. As per Friday, July 7, the company rating was maintained by Northland Capital. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) has “Outperform” rating given on Monday, August 17 by Pacific Crest. The firm has “Buy” rating by J.P. Morgan given on Wednesday, March 28. The firm has “Buy” rating by Roth Capital given on Tuesday, August 1. See Silicon Motion Technology Corporation (NASDAQ:SIMO) latest ratings:

22/05/2018 Broker: Cowen & Co Rating: Hold New Target: $53.0000 Initiate
27/04/2018 Broker: Needham Rating: Buy New Target: $57.0000 Upgrade
28/03/2018 Broker: J.P. Morgan Rating: Buy New Target: $60.0000 Initiate
08/02/2018 Broker: Needham Rating: Buy New Target: $57.0 Maintain
07/02/2018 Broker: Susquehanna Rating: Hold New Target: $44.0 Maintain
07/02/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $54.0 Maintain
19/01/2018 Broker: Craig Hallum Rating: Buy New Target: $60.0 Maintain
16/01/2018 Broker: Susquehanna Old Rating: Positive New Rating: Neutral Downgrade
08/01/2018 Broker: FBR Capital Rating: Buy New Target: $68.75
14/12/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $60.0 Maintain

The stock increased 0.82% or $0.4 during the last trading session, reaching $49.06. About 277,437 shares traded. Silicon Motion Technology Corporation (NASDAQ:SIMO) has declined 5.46% since June 12, 2017 and is downtrending. It has underperformed by 18.03% the S&P500. Some Historical SIMO News: ; 15/05/2018 – Driehaus Adds Itau, Exits Silicon Motion Technology: 13F; 26/04/2018 – Silicon Motion 1Q Adj EPS 71c; 10/05/2018 – Taiwan’s Silicon Motion turns to China and 5G for future growth; 26/04/2018 – Silicon Motion 1Q EPS 64c; 09/04/2018 – Silicon Motion Sees 1Q Revenue Near Midpoint of $127 Million-$132 Million Range; 26/04/2018 – Silicon Motion Sees 2Q Rev $134.3M-$140.8M; 09/04/2018 – Silicon Motion Sees 1Q Gross Margin in Upper Half of 46.5%-48.5% Guidance Range; 16/03/2018 Analysis: Positioning to Benefit within Capella Education, Access National, Randgold Resources, Diodes, Silicon Motion Technolo; 09/04/2018 – SILICON MOTION REPORTS PRELIMINARY 1Q REV. NEAR MID OF VIEW; 09/04/2018 – SILICON MOTION PRELIM 1Q ADJ. GROSS MARGIN IN UPPER HALF VIEW

Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide. The company has market cap of $1.77 billion. It offers embedded storage and expandable storage products, including NAND flash controllers, such as embedded MultiMediaCard , client solid-state drive (SSD), flash memory card, and Universal Serial Bus flash drive controllers. It has a 23.59 P/E ratio. The firm also provides specialty storage solutions, such as customized enterprise-grade Peripheral Component Interconnect Express (PCIe) SSDs; and industrial-grade and commercial-grade single-chip SSDs.

More recent Silicon Motion Technology Corporation (NASDAQ:SIMO) news were published by: Seekingalpha.com which released: “Headwinds Turn Into Tailwinds At Silicon Motion” on May 17, 2018. Also Nasdaq.com published the news titled: “Report: Developing Opportunities within Silicon Motion Technology, Green Brick Partners, Alliance Resource Partners …” on June 06, 2018. Streetinsider.com‘s news article titled: “UPDATE: Cowen Starts Silicon Motion Technology (SIMO) at Market Perform” with publication date: May 22, 2018 was also an interesting one.

Tocagen Inc., a clinical-stage cancer-selective gene therapy company, focuses on developing and commercializing product candidates designed to activate a patient's immune system against their cancer. The company has market cap of $202.32 million. The Company’s cancer-selective gene therapy platform is built on retroviral replicating vectors , which are designed to deliver therapeutic genes into the DNA of cancer cells. It currently has negative earnings. The companyÂ’s lead product candidate is Toca 511 & Toca FC that is in Phase 2 portion of a randomized, controlled Phase 2/3 clinical trial for patients with recurrent high grade glioma (HGG).

More recent Tocagen Inc. (NASDAQ:TOCA) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For June 11, 2018” on June 11, 2018. Also Seekingalpha.com published the news titled: “Premarket analyst action – healthcare” on May 16, 2018. Benzinga.com‘s news article titled: “B Riley Likes Tocagen On Prospects For Company’s Brain Cancer Drug” with publication date: May 16, 2018 was also an interesting one.

Analysts await Tocagen Inc. (NASDAQ:TOCA) to report earnings on August, 8. They expect $-0.63 earnings per share, down 12.50% or $0.07 from last year’s $-0.56 per share. After $-0.65 actual earnings per share reported by Tocagen Inc. for the previous quarter, Wall Street now forecasts -3.08% EPS growth.

Silicon Motion Technology Corporation (NASDAQ:SIMO) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.