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Sunday 5 April 2015
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Stocks Closed below Support Line: Hawaiian Holdings, (NASDAQ:HA), DryShips (NASDAQ:DRYS), Zillow Group (NASDAQ:Z), Platform Specialty Products (NYSE:PAH)

On Wednesday, Following Stocks were among the “Top 100 Losers” In U.S. Stock Exchange: Hawaiian Holdings, (NASDAQ:HA), DryShips (NASDAQ:DRYS), Zillow Group (NASDAQ:Z), Platform Specialty Products (NYSE:PAH)

Hawaiian Holdings, Inc. (NASDAQ:HA) decreased -3.06%, and closed at $21.35. The company holds the market capitalization of $1.20M. For the last twelve months, the stock was able to keep return on equity at 16.90%, while return on assets at 2.70%, in response to its return on investment at 14.20%. Its 20-day moving average decreased gained 5.20%, below 50-day moving average of 3.69%, below 200-day moving average of 19.13% from the latest market price of $21.35. The mean recommendation of analysts for this stock is 2.30. (Where 1=Buy, 5=Sale).

Hawaiian Holdings, Inc. (HA) along with its subsidiary, Hawaiian Airlines, Inc., holds in the planned air transportation of passengers and cargo. It offers daily services on North America routes between the state of Hawaii and Los Angeles, Oakland, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Phoenix, Arizona; Portland, Oregon; and Seattle, Washington, as well as daily services on its neighbor island routes among the four major islands of the state of Hawaii.

On March 30, 2015 DryShips Inc. (NASDAQ:DRYS) a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., of off-shore contract drilling oil services, uncovered that it has entered into firm sales agreements with entities controlled by the Company’s Chairman and Chief Executive Officer, George Economou, to sell its four Suezmax tankers, Vilamoura, Lipari, Petalidi and Bordeira, for an en-bloc sales price of $245 million. In addition, it has entered into agreements with entities controlled by Mr. Economou to potentially sell its six Aframax tankers, Belmar, Calida, Alicante, Mareta, Saga and Daytona. The agreements to sell the Aframax fleet are not effective until the purchaser confirms his unconditional acceptance latest by June 30, 2015.

DryShips Inc. (NASDAQ:DRYS) declined -3.01%, and closed at $0.737. The company has the market capitalization of $509.17 million. The beta value of the stock is 2.61. On the other hand the stock’s volatility for the week is 7.83%, and for the month is 6.34%. The stock’s price to book ratio is $0.15, however price to sale ratio is $0.23. Analyst’s mean recommendation regarding this stock is 3.50. (Where 1=Buy, 5=Sale).

DryShips Inc. (DRYS) offers ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The Drybulk segment offers drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Drilling segment offers ultra deep water drilling services.

On March 31, 2015 Zillow Group Inc (NASDAQ:Z) which houses a portfolio of the biggest and most vibrant real estate and home-related brands on mobile and Web, today announced that the Arizona Regional Multiple Listing Service (ARMLS) has signed an agreement to enable its brokers to send listings directly to Zillow® and Trulia® from the MLS. ARMLS has 31,000 members throughout Arizona.

Zillow Group Inc (NASDAQ:Z) fell -3.01%, and closed at $97.29. The stock has the beta value of 1.44, and its volatility for the week is 3.23%, while for the month it is 3.52%. The company has the market capitalization of $5.58 billion. The company holds the book value per share of 10.81, whereas cash per share is 6.49. Price to book ratio remained 9.00, while price to sale ratio is 17.14. Analysts mean recommendation for the stock is said to be 2.50 (where 1=Buy, 5=sale).

Zillow Group Inc (Z) works real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to help people find vital information about homes, and connect with local professionals.

Formerly On March 18, 2015Platform Specialty Products Corp (NYSE:PAH) a global, diversified specialty chemicals corporation, divulged its financial results for the three and twelve months ended December 31, 2014. Net sales for the quarter raised 47.7% to $273.6 million contrast to $185.3 million in the fourth quarter of 2013. On an organic basis, MacDermid’s net sales of $185.6 million were up slightly year-over-year despite facing a $5 million FOREIGN EXCHANGE headwind as a result of the strengthening U.S. dollar. Stated net loss rose to ($266.7) million, contrast to ($200.1) million for the same period in 2013. MacDermid’s net loss reduced to ($10.1) million, contrast to ($205.2) million in the same period in 2013.

Platform Specialty Products Corp (NYSE:PAH)’s shares picked down -2.96%, and closed at $24.90. The stock volatility for the week is 2.89%, while for the month remained 3.07%. The company holds consensus target price of $28.25.

If we consider EPS growth of the company, then the company indicated the following observations:

The company showed -1.58 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 7.60%.

The mean recommendation of analysts for this stock is 2.50. (Where 1=Buy, 5=Sale).

Platform Specialty Products Corp (PAH) produces and sells specialty chemical products in the Americas, Asia, and Europe. The company’s Performance Materials segment manufactures and markets plating products that are used to plate holes; final finishes, which are used on printed circuit boards; circuit formation products to promote adhesion and form circuit patterns; oxides that are used in the fabrication of multilayer circuit boards; and pre-treatment and cleaning solutions.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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