USA Aroon Indicates Bullish Stocks: $FWONK $NVCR $OCFT


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Liberty Media Announces Q2 2020 Results

https://themarketsignal.com/Free-Report/FWONK

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Liberty Media Group(NASDAQ:FWONK) 14 Days Aroon down is 28.57, while 14 Days Aroon Up is 78.57, the stock looks bullish. The company has reported its Q2 2020 financial results in which revenue attributed to Liberty SiriusXM Group was $1.874 billion and net income came in at $243 million or $0.05 per share. In Q2 2020 the company added 264,000 self-pay net subscribers. The company amended its F1 term loan and revolving credit facility in the quarter and had $2.3 million in cash and equivalents at the end of the quarter.

Also the company has announced amendment of debt agreement related to Brave holdings’ subsidiaries. The company has amended debt agreements of the $297 million debt associated with Braves Stadium Company.

Novocure Reports 34% YoY increase in Revenue

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Novocure Ltd (NASDAQ:NVCR) is also looking bullish and its 14 Days Aroon down is 7.14, while 14 Days Aroon Up is 100.00. The company has reported its Q2 2020 results in which is posted net revenue of $115.9 million which is a 34% YoY Increase. Net income in the quarter was $1.7 million compared to a net loss of $1.3 million a year ago. At the end of the quarter the company had $346.7 million in cash and equivalents.

The company has announced expansion of its Executive Leadership Team as from September 1, 2020. Wilco Groenhusen has been appointed as COO after eight years serving as CFO. Also the company has promoted Ashley Cordova to be the new CFO.

OneConnect Financial Tech Announce Pricing Of 18 Million ADSs Public Offering

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Another bullish looing stock is OneConnect Financial Tech Co Ltd. (NYSE:OCFT) whose 14 Days Aroon down is 7.14, while 14 Days Aroon Up is 78.57. The company has announced the pricing of its public offering of 18 million ADSs by the company. Each ADS represents three ordinary OneConnect shares at public offering price of $18 per ADS. Underwriters will have a 30-day option to buy 2.7 million additional ADSs of the company.

The company has announced its financial results inQ2 2020 in which revenue was up 48.4% YoY to RMB774 million with third party customers revenue increasing 28.9% YoY to RMB287 million. Operating loss was RMB261 million while net loss attributable to shareholders was RMB331 million or RMB0.32 per share.

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