Edap Tms SA (ADR) (EDAP) Reaches $2.85 After 6.00% Up Move; Tide Point Capital Management LP Upped Its … – Key Gazette

June 6, 2017 - By Peter Erickson

The stock of Edap Tms SA (ADR) (NASDAQ:EDAP) is a huge mover today! About 61,845 shares traded. Edap Tms SA (ADR) (NASDAQ:EDAP) has declined 15.92% since June 6, 2016 and is downtrending. It has underperformed by 32.62% the S&P500.The move comes after 5 months positive chart setup for the $84.73 million company. It was reported on Jun, 6 by Barchart.com. We have $3.02 PT which if reached, will make NASDAQ:EDAP worth $5.08M more.

Tide Point Capital Management Lp increased Arcelormittal Sa Luxembourg (MT) stake by 85.13% reported in 2016Q4 SEC filing. Tide Point Capital Management Lp acquired 3.83 million shares as Arcelormittal Sa Luxembourg (MT)s stock declined 17.23%. The Tide Point Capital Management Lp holds 8.33M shares with $60.82 million value, up from 4.50 million last quarter. Arcelormittal Sa Luxembourg now has $21.17B valuation. The stock declined 2.55% or $0.54 reaching $20.65 on the news. About 10.27M shares traded or 56.08% up from the average. ArcelorMittal SA (ADR) (NYSE:MT) has risen 67.93% since June 6, 2016 and is uptrending. It has outperformed by 51.23% the S&P500.

EDAP TMS S.A. is a holding company engaged in developing and marketing the Ablatherm and Focal One devices. The company has market cap of $84.73 million. The Firm operates two divisions: High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) (including lithotripsy activities). It has a 18.68 P/E ratio. The Firm is developing HIFU technology for the treatment of certain other types of tumors.

Tide Point Capital Management Lp decreased Univar Inc stake by 132,651 shares to 1.13 million valued at $32.19M in 2016Q4. It also reduced Golar Lng Ltd Bermuda (NASDAQ:GLNG) stake by 1.03 million shares and now owns 970,820 shares. Textron Inc (NYSE:TXT) was reduced too.

Among 15 analysts covering Arcelormittal (NYSE:MT), 12 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Arcelormittal had 38 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co downgraded it to Market Perform rating and $4 target in Tuesday, February 23 report. The stock of ArcelorMittal SA (ADR) (NYSE:MT) has Hold rating given on Tuesday, February 9 by ING Group. The rating was initiated by Berenberg with Buy on Wednesday, October 14. The stock of ArcelorMittal SA (ADR) (NYSE:MT) earned Underweight rating by JP Morgan on Monday, April 18. The firm has Underperform rating by Jefferies given on Wednesday, January 13. The stock of ArcelorMittal SA (ADR) (NYSE:MT) earned Outperform rating by Macquarie Research on Friday, May 26. The stock of ArcelorMittal SA (ADR) (NYSE:MT) has Outperform rating given on Wednesday, April 13 by Credit Suisse. The firm has Overweight rating by JP Morgan given on Friday, March 31. The firm has Buy rating by Jefferies given on Wednesday, April 20. The company was upgraded on Friday, October 9 by JP Morgan.

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Edap Tms SA (ADR) (EDAP) Reaches $2.85 After 6.00% Up Move; Tide Point Capital Management LP Upped Its ... - Key Gazette

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