Athenex (ATNX) Reaches $16.94 After 3.00% Down Move; Fogo DE Chao (FOGO) Shorts Up By 21.79%

June 29, 2017 - By Marguerite Chambers

Fogo DE Chao Incorporated (NASDAQ:FOGO) had an increase of 21.79% in short interest. FOGO’s SI was 304,000 shares in June as released by FINRA. Its up 21.79% from 249,600 shares previously. With 317,600 avg volume, 1 days are for Fogo DE Chao Incorporated (NASDAQ:FOGO)’s short sellers to cover FOGO’s short positions. The SI to Fogo DE Chao Incorporated’s float is 5.26%. It is 0.00% or $0 reaching $13.9 per share. It is down 1.28% since June 29, 2016 and is downtrending. It has underperformed by 17.98% the S&P500.

The stock of Athenex Inc (NASDAQ:ATNX) is a huge mover today! About 89,777 shares traded. Athenex Inc (NASDAQ:ATNX) has 0.00% since June 29, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 7 months negative chart setup for the $972.30 million company. It was reported on Jun, 29 by Barchart.com. We have $16.43 PT which if reached, will make NASDAQ:ATNX worth $29.17M less.

Athenex, Inc. is an oncology pharmaceutical firm focused on the development and commercialization of therapies for cancer diseases and supportive therapies. The company has market cap of $972.30 million. The Company’s technology platform is organized into three categories, including Oral Absorption Platform, Src Kinase Inhibitors and Symptom Therapeutics. It currently has negative earnings. The Firm offers Oraxol, an oral formulation of paclitaxel; Orateacan, an oral formulation of Irinotecan; Oradoxel, an oral formulation of Docetaxel, and an oral formulation of Topotecan for the treatment of various types of cancers.

Fogo de Chao, Inc. is a United States holding company. The company has market cap of $393.91 million. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. It has a 17.03 P/E ratio. The Firm owns 100% of Brasa Inc. (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc. (Brasa Holdings).

Among 4 analysts covering Fogo De Chao (NASDAQ:FOGO), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Fogo De Chao had 10 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, August 19. Deutsche Bank maintained the shares of FOGO in report on Wednesday, August 10 with “Hold” rating. On Wednesday, August 10 the stock rating was maintained by Jefferies with “Buy”. Macquarie Research downgraded Fogo De Chao Inc (NASDAQ:FOGO) on Tuesday, May 24 to “Neutral” rating. The rating was initiated by Macquarie Research with “Outperform” on Thursday, October 22. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, May 17. On Friday, October 9 the stock rating was maintained by Credit Suisse with “Neutral”. Deutsche Bank maintained the shares of FOGO in report on Thursday, August 13 with “Hold” rating.