U.S Stocks Traders Recap: Freeport-McMoRan (NYSE:FCX), Atlas Resource Partners, (NYSE:ARP), Square (NYSE:SQ)

U.S Stocks Traders Recap: Freeport-McMoRan (NYSE:FCX), Atlas Resource Partners, (NYSE:ARP), Square (NYSE:SQ)

- in Business & Finance
0

On Wednesday, Freeport-McMoRan Inc (NYSE:FCX)’s shares declined -2.29% to $8.11.

FCX has 77.20% institutional ownership while its EPS ratio was -10.48. The company has 1.16 billion shares outstanding while market capitalization of the company was $9.59 billion. Price to book ratio was 0.79. Net profit margin of the company was -63.60% while gross profit margin was -7.80%. Stock volatility for the month was booked as 5.38% while for the week was recorded as 5.92%.

The mean estimate for the short term price target for Freeport-McMoRan Inc (NYSE:FCX) stands at $14.57 according to 14 Analysts. The higher price target estimate for the stock has been calculated at $20.00 while the lower price target estimate is at $10.00.

Analysts mean recommendation for the stock is 2.40. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Freeport-McMoRan Inc. (FCX) is a natural resource company with an industry portfolio of mineral assets, oil and natural gas resources, and a production profile. FCX has organized its operations into six primary divisions: North America copper mines.

Atlas Resource Partners, L.P. (NYSE:ARP)’s shares dropped -1.87% to $1.57.

ARP has beta value of 0.83. The company has the market capitalization of $160.38 million. Return on assets ratio of the company was -42.60% while its return on equity ratio was -183.90%. ATR value of company was 0.23 while stock volatility for week was 20.12% while for month was 10.98%. Debt to equity ratio of the company was -18.02 and its current ratio was 1.30.

The mean estimate for the short term price target for Atlas Resource Partners, L.P. (NYSE:ARP) stands at $3.93 according to 7 Analysts. The higher price target estimate for the stock has been calculated at $10.00 while the lower price target estimate is at $1.50.

Analysts mean recommendation for the stock is 2.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Atlas Resource Partners, L.P. is an independent developer and producer of natural gas, crude oil and natural gas liquids (NGL), with operations in basins across the United States. The Company is a sponsor and manager of tax-advantaged investment partnerships (Drilling Partnerships), in which it co-invests, to finance a portion of its natural gas, crude oil and natural gas liquids production activities.

At the end of Wednesday’s trade, Square Inc (NYSE:SQ)‘s shares dipped -1.00% to $11.90.

SQ has market value of $3.86 billion while its EPS was booked as $-0.51 in the last 12 months. The stock has 27.00 million shares outstanding.

Square, Inc. (Square) provides financial services and marketing services. The Company also provides payments and point-of-sale (POS), which include hardware and software to accept payments, streamline operations, and analyze business information.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Leave a Reply

Your email address will not be published. Required fields are marked *