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Momentum Stocks: Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS), American Express Company (NYSE:AXP), Gulfmark Offshore, Inc. (NYSE:GLF), Park-Ohio Holdings Corp. (NASDAQ:PKOH)

Momentum Stocks: Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS), American Express Company (NYSE:AXP), Gulfmark Offshore, Inc. (NYSE:GLF), Park-Ohio Holdings Corp. (NASDAQ:PKOH)
Written by
Joel Najarian
Published on
October 20, 2014
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Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) saw a mixed track record, when it comes to anticipates revisions of two increases and one decrease in the previous third trading session. Meanwhile, the Zacks Consensus forecasts has moved higher over the similar period. The firm rating stands at Zacks Rank #3 (Hold). Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) in last trading activity advanced 5.88% to close at $1.44. Company weekly performance is 37.14% while its quarterly performance stands at -74.91%. Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) is -82.98% away from its 52 week high.The Dow Jones Industrial Average (DJI) shot higher out of the gate today, never looking back. Stronger-than-expected earnings reports from General Electric Company (NYSE:GE) and American Express Company (NYSE:AXP) bolstered the blue chips into the black, and some upbeat reports on housing starts and consumer sentiment were icing on the cake. Against this backdrop, the Dow spent a healthy portion of the day flirting with 300-point gains, ultimately snapping its losing streak and notching its second-best session of 2014. On last trading day American Express Company (NYSE:AXP) advanced 2.92% to close at $82.58. Its volatility for the week is 3.28% while volatility for the month is 2.04%. AXP's sales growth for past 5 years was 1.80% and its EPS growth for past 5 years was 14.60%. American Express Company (NYSE:AXP) monthly performance is -8.07%.GulfMark Offshore (NYSE:GLF) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.91 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.97 by $0.06. The company had revenue of $131.40 million for the quarter, compared to the consensus estimate of $133.14 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. Analysts expect that GulfMark Offshore will post $3.18 EPS for the current fiscal year. On last trading day Gulfmark Offshore, Inc. (NYSE:GLF) decreased -2.50% to close at $30.42. Its volatility for the week is 7.21% while volatility for the month is 4.91%. GLF's sales growth for past 5 years was 2.00% and its EPS growth for past 5 years was -18.60%. Gulfmark Offshore, Inc. (NYSE:GLF) monthly performance is -16.27%.Cleveland-based Park-Ohio Holdings Corp. (NASDAQ:PKOH) has acquired Autoform Tool & Manufacturing Inc. of Angola, Ind., the company announced in an Oct. 13 press release. Park-Ohio, a supply management services company and maker of highly engineered products, made the acquisition in an all-cash transaction that is valued at $48.2 million. According to the release, Autoform’s products are used by automotive and truck makers. Park-Ohio Holdings Corp. (NASDAQ:PKOH) has 21.90% insider ownership while its institutional ownership stands at 55.20%. In last trading activity company's stock closed at $48.00.Skechers USA Inc. (NYSE:SKX) a global leader in lifestyle and performance footwear, on 15 October 2014 announced that it will release its third quarter fiscal 2014 financial results after market close on Wednesday, October 22, 2014. A conference call will be held the same day at 1:30 p.m. PT / 4:30 p.m. ET. Participating on the call will be David Weinberg, Chief Operating Officer and Chief Financial Officer. On Friday shares of Skechers USA Inc. (NYSE:SKX) closed at $52.01. Company's sales growth for last 5 years was 5.10% and EPS growth for next 5 years is recorded as 20.00%.

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