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Thursday 9 April 2015
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Trending Losers In Focus - Gerdau SA (ADR) (NYSE:GGB), Triangle Petroleum (NYSEMKT:TPLM), Halcon Resources (NYSE:HK), Organovo Holdings (NYSEMKT:ONVO)

On Friday, Following Stocks were among the “Top 100 Losers” In U.S. Stock Exchange: Gerdau SA (ADR) (NYSE:GGB), Triangle Petroleum Corporation (NYSEMKT:TPLM), Halcon Resources Corp (NYSE:HK), Organovo Holdings Inc (NYSEMKT:ONVO)

Gerdau SA (ADR) (NYSE:GGB)’s shares dwindled -11.05%, and closed at $3.06. The stock volatility for the week is 4.31%, while for the month remained 3.68%. The company holds consensus target price of $20.16.

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

The company showed 0.26 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 11.50% and Annual EPS growth for the past 5 years is considered as -19.70%.

The mean recommendation of analysts for this stock is 2.00. (where 1=Buy, 5=Sale).

Gerdau S.A. produces and commercializes steel products worldwide. The company provides crude steel products, which comprise billets that are used to manufacture wire rods, rebars, and merchant bars; blooms for use in the manufacture of springs, forged parts, heavy structural shapes, and seamless tubes; and slabs, which are used in the steel industry for the rolling of various flat rolled products, in addition to to produce hot and cold rolled coils, heavy slabs, and profiles. Its long rolled products comprise rebars, merchant bars, and profiles, which are primarily used in the construction and manufacturing industries; and drawn products, such as barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries.

Triangle Petroleum Corporation (NYSEMKT:TPLM), declined -8.33%, and closed at $4.95. The stock has price to sale ratio of 4.95, however, price to book ratio is 0.79. With recent decline, the year-to-date (YTD) performance reflected a 3.56% gain above last year. During the past month the stocks lose -1.59%, bringing three-month performance to -13.76% and six-month performance to -54.79%. The mean recommendation of analysts for this stock is 2.60. (where 1=Buy, 5=Sale).

Triangle Petroleum Corporation is engaged in the attainment, exploration, development, and production of unconventional shale oil and natural gas resources in the Bakken Shale and Three Forks formations in the Williston Basin of North Dakota and Montana. As of January 31, 2014, the company held leasehold interests in about 94,000 net acres in McKenzie and Williams Counties of North Dakota, and Sheridan and Roosevelt Counties of Montana. It also holds leasehold interest in Maritimes Basin located in Nova Scotia, Canada. In addition, the company offers hydraulic pressure pumping and complementary well completion services to oil and natural gas exploration and production companies in the Williston Basin of North Dakota and Montana. The company was formerly known as Peloton Resources Inc. and changed its name to Triangle Petroleum Corporation in May 2005. Triangle Petroleum Corporation was incorporated in 2003 and is headquartered in Denver, Colorado.

Halcon Resources Corp (NYSE:HK), dipped -7.30%, and closed at $1.65. The company holds the market capitalization of $711.83M. For the last twelve months, the stock was able to keep return on equity at 18.90%, while return on assets at 4.80%, in response to its return on investment at -1.00%. Its 20-day moving average declined -3.99%, below 50-day moving average of -5.24%, below 200-day moving average of -54.86% from the latest market price of $1.65. The mean recommendation of analysts for this stock is 3.10.(where 1=Buy, 5=Sale).

Halcn Resources Corporation, an independent energy company, is engaged in the attainment, production, exploration, and development of onshore oil and natural gas properties in the United States. The company primarily holds interests the Bakken/Three Forks Formations comprising about 129,000 net acres of area in North Dakota; and East Texas Eagle Ford Formations covering about 101,000 acres of area in Brazos, Burleson, and Robertson counties. As of December 31, 2014, it had estimated proved reserves of about 189.1 million barrels of oil equivalent comprising 155.6 million barrels of crude oil, 16.3 million barrels of natural gas liquids, and 103.7 billion cubic feet of natural gas.

Organovo Holdings Inc (NYSEMKT:ONVO), dropped -6.87%, and closed at $3.66, hitting new 52-week low of $3.63. The stock has the beta value of -0.18, and its volatility for the week is 7.41%, while for the month it is 7.67%. The company has the market capitalization of $294.48M. The company holds the book value per share of 0.60, whereas cash per share is 0.62. Price to book ratio remained 6.10, while price to sale ratio is 736.21. Analysts mean recommendation for the stock is said to be 3.00 (where 1=Buy, 5=sale).

Organovo Holdings, Inc., a development-stage company, focuses on developing and commercializing functional human tissues that could be employed in drug discovery and development, biological research, and as therapeutic implants for the treatment of damaged or degenerating tissues and organs. The company is developing a suite of standardized and three-dimensional human tissues for the preclinical assessment of drug effects, counting applications in predictive toxicology, absorption, distribution, metabolism, excretion, and drug metabolism and pharmacokinetics; customized human tissues as living, dynamic models of human biology or disease, for use in drug discovery and development; and three-dimensional human tissues for clinical applications, such as blood vessels for bypass grafting and nerve grafts for nerve damage repair, in addition to functional tissue patches for the repair or replacement of damaged tissues and organs.

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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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