MIAMI, FL / ACCESSWIRE / March 14, 2016 / Top Nasdaq Stocks is issuing a report on four stocks to watch. ATHX, TOO, CLBS, and ZYNE have been added to our watch list today. Continue reading to find out why. - To get daily alerts on top stocks on the Nasdaq/NYSE subscribe to our newsletter at TopNasdaqStocks.com.

Athersys, Inc. (NASDAQ: ATHX) is an international biotechnology company engaged in the discovery and development of therapeutic product candidates designed to extend and enhance the quality of human life. Over the last few weeks, shares of ATHX have seen an increase from lows of $1.16 to highs on Monday (3/14) of $2.35. This marked the first time since Late April of 2015 that the stock sustained price levels over $2 for an extended period. In mid-February the company released its one-year results from its ongoing follow up to a phase II trial in its lead indication of strokes. This has been a topic for much discussion and has been seen as a strong catalyst to this latest move. We previously reported on this company on February 26th and since then ATHX is up more than 36%.

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Teekay Offshore Partners LP (NYSE: TOO) reported earnings in late February. Results showed that Gross margins widened from 31.89% to 34.70% compared to the same period last year, operating (EBITDA) margins now 52.26% from 44.74%. Additionally, analysts are citing that the company's earnings growth has been influenced by improvements in operating (EBIT) margins from 25.27% to 29.92% as well as one-time items. The company's pretax margins are now 5.78% compared to 0.93% for the same period last year. Teekay's combined entities manage and operate consolidated assets of over $13 billion, comprised of approximately 220 liquefied gas, offshore, and conventional tanker assets. With offices in 15 countries and approximately 7,100 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world's leading oil and gas companies. Monday (3/14) the stock has seen an increase in price of more than 24% in early market activity.

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Caladrius Biosciences, Inc. (NASDAQ: CLBS) announced this morning that the company, through its subsidiary, PCT, has entered into a global collaboration with Hitachi Chemical Co., Ltd. that includes licensing, development and equity components. Hitachi Chemical is a global conglomerate with a growing franchise in life sciences, including regenerative medicine. Through the agreement, Hitachi Chemical has purchased a 19.9% equity interest in PCT for $19.4 million. Caladrius will retain the remaining 80.1% ownership of PCT. CLBS has moved up in price by as much as 60% since Friday's closing price (3/11). Caladrius is a leading cell therapy company combining an industry-leading development and manufacturing services provider with a select therapeutic product pipeline.

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Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE) reported financial results for the quarter and year ended December 31, 2015 this morning (3/14). In the results, the company stated that it ended 2015 with $41.5 million in cash and cash equivalents and believes its current cash position will support its operating plan through Phase 2 data readout for the five indications of ZYN002 and ZYN001. In the first half of 2016, Zynerba expects to report final results from its ongoing Phase 1 single rising dose clinical trial, including results from 12 patients with epilepsy. Shares of Zynerba increased by more than 82% since it closed the week on Friday (3/11) and volume is trending well above average following this announcement.

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