Traders Recap – Cell Therapeutics Inc (CTIC), Petrotech Oil & Gas Inc (PTOG), Delcath Systems, Inc. (NASDAQ:DCTH), DryShips Inc. (NASDAQ:DRYS)

Submitted By on March 14, 2014 - 12:24 PM

Chicago, IL, March 14, 2014 — (Techsonian) – Cell Therapeutics Inc (CTIC) declared that management presented at the ROTH Capital Partners 26th Annual Conference on March 11, 2014. Cell Therapeutics is a biopharmaceutical company committed to the development and commercialization of an integrated portfolio of oncology products aimed at making cancer more treatable.

Cell Therapeutics Inc (NASDAQ:CTIC) closed latest trading day at $3.94, down -3.90%, on volume of over 13.29 million shares. The stock went up 3.96% in the last 5 days. Its average trading volume is 4.83 million shares. In the time frame of the last one month, the share-price has surged almost 15.88%. Its market capitalization was $589.57 million.

Has CTIC Found The Bottom and Ready To Move Up? Find Out Here

Petrotech Oil & Gas Inc (PTOG) subsidiary company and LP.US Inc., released that Steven Machat (founder & CEO), and Jae Benjamin (president) of Legalize Pot have signed a letter of intent with a large Real Estate group in Seattle Washington, this week to close on a combined venture to open a series of state of the art “green friendly” cannabis retail outlets in the downtown Seattle area.

Shares of Petrotech Oil & Gas Inc (OTCMKTS:PTOG) traded in a range of $0.05 to $0.08, completing the day up +65.68% to $0.0729. The total volume of shares exchanged was 68.29 million. The day started out with an opening price of $0.05 versus prior close of $0.04. The company has the total of 49.93 million outstanding shares while its market capitalization is now about $3.64 million.

For How Long PTOG’s Gloss will Attract Investors ? Find out via this report

Delcath Systems, Inc. (DCTH) reported financial outcome and operational developments for the fiscal fourth quarter and full year finished December 31, 2013. The Company’s cash and cash equivalents increased in the fourth quarter 2013 and the first quarter of 2014; cash position as of February 28, 2014 was $32.7 million; fourth quarter 2013 cash utilization was $6.2 million.

Delcath Systems, Inc. (NASDAQ:DCTH) finished last trade at $0.315, losing -6.93%. Trading volume recorded for this company was about 6.49 million shares as compared to its average volume of 2.92 million shares. The share price plunged almost -3.23% in the last one month while its 52 week high is $1.98. The company has the total of 126.29 million outstanding shares while its market capitalization is now about $39.72 million.

Why Should Investors Buy DCTH After the Recent Fall? Just Go Here and Find Out

DryShips Inc. (DRYS) declared that Mr. Ziad Nakhleh, the Chief Financial Officer of the Company, will be presenting at the 8th Annual Capital Link Invest in International Shipping Forum in New York City on Thursday, March 20, 2014.

DryShips Inc. (NASDAQ:DRYS) traded with -1.40% lost momentum to $3.52 in the latest trading session It captured $1.42 billion in market value. The total number of shares traded on the latest trading day was about 12.68 million shares. The day started out with an opening price of $3.59 and changed hands at price range of $3.46 to $3.68 apiece.

Will DRYS Get Buyers Even After The Recent Rally? Find Out Here