On Tuesday, Shares of FreeSeas Inc. (NASDAQ:FREE), skyrocketed 30% to $0.09.
The stock has the beta value of 4.58, and its volatility for the week is 44.14%, while for the month it is 30.45%. The company has the market capitalization of $2.32M. The company holds the book value per share of 1.29, whereas cash per share is 0.00. Price to book ratio remained 0.07, while price to sale ratio is 1.12.
FreeSeas, declared that it has attained a 51% controlling stake in the newly formed Standcorp International Limited. The rest of the shares are owned by non-associated entities associated with the Marvin group of companies, whose extensive experience for over twenty years has focused in the operation and ownership of tanker vessels. Standcorp will engage in the commercial operation of product and crude oil tankers covering a large array of sizes, by contracting them through time charter or bareboat charter arrangements, and subsequently deploying them in the spot market or in fulfillment of contract cargoes. The company intends to operate in generic markets but also to focus on a number of niche markets, such as West Africa. In addition, the company shall, depending on market conditions, commercially operate dry-bulk carriers either chartered-in, attained, or through services agreements with associated Owners, counting FreeSeas Inc. tonnage.
FreeSeas Inc., through its auxiliaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, such as iron ore, grain, and coal, in addition to bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice. Its fleet comprises of five Handysize vessels and one Handymax vessel.
Shares of American Airlines Group Inc. (NASDAQ:AAL), declined -1.47% to $39.48, during its last trading session.
American Airlines Group, shares have been in free fall since March 20 – largely coinciding and likely resulting from the resurgence in crude oil prices, according to Benzinga.
What the bulls see in American Airlines
Some cheap valuation metrics:
- Enterprise value of $37.95 billion as compared to a market capitalization of only $28.05 billion
- A price-to-sales ratio of only 0.66
- 85% net profit margins that spin off positive operating free cash flows of $4.32 billion
- An annual dividend ratio of 1.1%.
What the bears see in American Airlines
Some pricey valuation metrics:
- A price-to-book ratio of 10.22
- A PE of 5.5 –which does not seem so low when contrast to estimated revenue and EPS growth of 3.8% and -23% respectively for next year
- Negative levered free cash flow of $648.50 million annually
Horrible balance sheet metrics:
- Cash of $9.17 billion as compared to almost $19 billion in total debt
- A debt-to-equity ratio of 684.59%
- A current ratio of 0.99.
*Source: Benzinga.
Zacks Research has given American Airlines Group, Inc. (NASDAQ:AAL) a top value style score.
In addition to historic fundamentals, investors often turn to Wall Street analysts to assist determine the direction of a stock. The brokerage firm analysts covering American Airlines Group, Inc. (NASDAQ:AAL) have given a rating of 1.77. The rating is determined on a consensus basis from analysts tracked by Zacks Research. The rating system simplifies analyst ratings into a 1-5 format where 1 is equivalent to a Strong Buy and 5 represents a Strong Sell.
In terms of earnings, American Airlines Group, Inc. is predictable to declare earnings of $2.77 when the company next releases their earnings report on 2015-07-23. The firm last stated earnings per share of $1.73 for the quarter ending on 2015-03-31. The actual stated number was 1.76% away from what analysts had predicted.
American Airlines Group Inc., through its auxiliaries, operates in the airline industry. As of December 31, 2014, the company operated 983 mainline jets, in addition to 566 regional aircrafts through regional airline auxiliaries and third-party regional carriers. It serves 339 destinations in 54 countries.
Finally, Citizens Financial Group, Inc. (NYSE:CFG), ended its last trade with 1.22% gain, and closed at $28.25.
Citizens Bank declared the availability of the Multi Year Borrowing Option with the Citizens Bank Student Loan™, a new offering that will enable qualified borrowers to reserve financing for the duration of their education without the burden of fully re-applying each year, significantly simplifying the application process for subsequent years of borrowing and eliminating concern of losing access to funding midway through their education. Citizens also declared it has lowered the interest rate on its Citizens Bank Student Loan for Parents to 6.29 percent.
Approved borrowers who select the Multi Year Borrowing Option will have access to a streamlined process that enables them to simply request funds to meet their subsequent years of school. Citizens will then send those funds directly to the school. The loan will be accessible with a variable interest rate as low as 2.18 percent (comprises all rate-reducing benefits). The Multi Year Borrowing Option is the latest offering from Citizens Bank designed to assist people pay for higher education in a more affordable way, and furthers Citizens’ Bank Better commitment to make banking simple, clear and personal for consumers.
In addition to the Multi Year Borrowing Option, Citizens Bank also offers the Citizens Bank Education Refinance LoanTM, which enables borrowers to refinance federal and private student loans, and the recently introduced Citizens Bank Student Loan for Parents. Launched in April, the Student Loan for Parents offers borrowers an attractive alternative to the William D Ford Direct PLUS Loan program by providing no origination fees which can save borrowers an average of $627 every year simply by avoiding the Federal Direct PLUS Loan’s annual origination fee. Effective June 1, 2015 borrowers are now able to take advantage of an even lower interest rate of 6.29 percent when borrowers take advantage of rate-reducing benefits.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking.
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