On Thursday, Following Stocks were among the “Top Gainers” In U.S. Stock Exchange: Eldorado Gold (USA) (NYSE:EGO), FuelCell Energy (NASDAQ:FCEL), Starwood Hotels & Resorts Worldwide (NYSE:HOT), Gap (NYSE:GPS)
Eldorado Gold Corp (USA) (NYSE:EGO), informed that on Friday February 27, 2015 , its Greek supplementary, Hellas Gold S.A ., received a official notice from Greece’s Ministry of Productive renovation, Energy and surroundings revoking the approval required to complete final construction of the processing plant at the Skouries Project. The notice from the Ministry indicates however, that the Ministry may reverse its decision once it completes an internal analysis process. Timing to complete this review process has not been set by the Ministry.
The Company believes the decision of the Ministry has no legal basis and will, if essential, act to protect the legal rights of the Company, workers and stakeholders. At this moment in time the revocation of this approval has no material impact on the construction program of the Skouries Project and various site activities continue unabated. The Company takes the opportunity to remind all stakeholders that the reliability of the Environmental Impact Assessment (EIA) - the main environmental permit supporting its projects in Halkidiki, Northern Greece - has been confirmed by three part rulings of the Council of State, which is Greece’s Supreme Court on administrative and ecological matters.
Eldorado Gold Corp (USA) (NYSE:EGO), shares picked up 0.62%, and closed at $4.88. The company holds consensus target price of $6.99.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 0.14 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 115.40% and Annual EPS growth for the past 5 years is considered as -21.50%.
The mean recommendation of analysts for this stock is 2.60. (Where 1=Buy, 5=Sale).
Eldorado Gold Corporation, together with its subsidiaries, is engaged in the exploration, discovery, development, production, and reclamation of gold properties in Brazil, China, Greece, Turkey, and Romania. The company also explores for iron, silver, lead, zinc, and copper ores. Its principal properties include Kisladag and Efemcukuru gold mines located in Turkey; Jinfeng open pit and underground gold mine situated in southern China; and the Olympias gold, silver, lead, and zinc development project, and the Skouries gold-copper development project located in northern Greece .
FuelCell Energy Inc (NASDAQ:FCEL) an international leader in the design, create, operation and service of ultra-clean, well-organized and reliable fuel cell power plants, declared the continued progress in the commercialization of an affordable and efficient carbon capture solution utilizing fuel cells, following thousands of hours of testing with simulated flue gas of a coal-fired power plant. In addition to this estimation under a U.S. Department of Energy (DOE) contract, the program included a detailed design and cost analysis for fuel cell applications capturing carbon dioxide (CO2) from large scale coal-fired power plants. Results of this study support cost targets below the U.S. Department of Energy threshold of $40/ton. An additional benefit recognized is tolerance levels and clean up requirements for the impurities in coal plant exhaust, as well as the ability to destroy about 70 percent of smog-producing nitrogen oxide (NOx).
FuelCell Energy Inc (NASDAQ:FCEL) raised 5.65%, and closed at $1.31. The stock has price to sale ratio of 2.17, however, price to book ratio is 3.64. With recent incline, the year-to-date (YTD) performance reflected a -17.61% decline below last year. During the past month the stock gained 3.15%, bringing three-month performance to -17.61% and six-month performance to -40.18%. The mean recommendation of analysts for this stock is 1.80 (where 1=Buy, 5=Sale).
FuelCell Energy Inc (FCEL) together its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name.
Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) announced an conformity with GH Pegasus to open Aloft Tijuana, Aloft Coatzacoalcos and Aloft Poza Rica by the end of 2017, and an agreement with Hotels Real Chihuahua to unveil the Sheraton Chihuahua Soberano Hotel, a tactical conversion, by November 2015. With these new signings, Starwood will further strengthen its footprint across Latin America and Caribbean while significantly bolstering its presence in Mexico, the largest market for the company in the region.
Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT) enhanced 0.42%, and closed at $83.50. The company holds the market capitalization of $14.28 M. For the last twelve months, the stock was able to keep return on equity at 25.00%, while return on assets at 7.30%, in response to its return on investment at 16.60%. Its 20-day moving average gained 3.53%, below 50-day moving average of 8.55%, below 200-day moving average of 6.82% from the latest market price of $83.50. The mean recommendation of analysts for this stock is 2.20. (Where 1=Buy, 5=Sale).
Starwood Hotels & Resorts Worldwide Inc (HOT), together with its subsidiaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names. It also develops, owns, and operates vacation ownership resorts; and markets and sells vacation ownership interests in the resorts, as well as provides financing to customers who purchase such interests.
Gap Inc (NYSE:GPS) announced it has been recognized by the Ethisphere® Institute, a leader in defining and advancing the standards of ethical business practices, as a 2015 World’s Most Ethical Company®. The annual description recognizes organizations that foster a culture of ethics and clearness at every level of the company.
The company is one of only fifteen to have been delighted every year since the list’s beginning, underscoring Gap Inc.’s ongoing commitment to leading ethical business standards and practices, and driving long-term value for customers, employees, suppliers, and investors.
Gap Inc (NYSE:GPS) rose 1.04%, and closed at $42.77. The stock has the beta value of 1.28, and its volatility for the week is 1.98%, while for the month it is 1.74%. The company has the market capitalization of $17.93 million. The company holds the book value per share of 7.05, whereas cash per share is 3.58. Price to book ratio remained 6.07, while price to sale ratio is 1.10. Analysts mean recommendation for the stock is said to be 2.80 (where 1=Buy, 5=sale).
Gap Inc (GPS) operates as an apparel retail company worldwide. It provides apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Its products comprise maternity apparel; loungewear, sleepwear, intimates, and active apparel for women; handbags, shoes, jewelry, personal care products, and eyewear for men and women; womens apparel, footwear, and accessories for sports and fitness activities, including crossover apparel and casualwear; and luxury and contemporary products.
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