On Thursday, Following Stocks were among the “Top Losers” In U.S. Stock Exchange: Alpha Natural Resources, (NYSE:ANR), ProShares Trust UltraPro (NASDAQ:SQQQ), WPX Energy (NYSE:WPX), CMS Energy (NYSE:CMS)
Alpha Natural Resources, Inc. (NYSE:ANR) associated Paramont Coal organization has suffered a fatal injury at Deep Mine 41 near McClure, Virginia.
David Brummitte, 34, of Pound, Virginia was found around 5:10 a.m. Monday. Brummitte was treated at the scene and then transported to the Dickenson Community Hospital in Clintwood, Virginia. He was pronounced dead at about 7:45 a.m.
David Brummitte had worked for Paramont Coal Company for two years at Deep Mine 41. Mr. Brummitte was a specialized workplace examiner, and preliminary information suggests that he was conducting a pre-shift exam when he was struck by rock sloughing off the mine wall.
Alpha Natural Resources, Inc. (NYSE:ANR) fell -1.70%, and closed at $0.920. The stock has the beta value of 2.53, and its volatility for the week is 12.07%, while for the month it is 8.89%. The company has the market capitalization of $207.49 million. The company holds the book value per share of 13.48, whereas cash per share is 5.18. Price to book ratio remained 0.07, while price to sale ratio is 0.05. Analysts mean recommendation for the stock is said to be 3.30 (where 1=Buy, 5=sale).
Alpha Natural Resources, Inc. (ANR) together with its subsidiaries, engages in extracting, processing, and marketing steam and metallurgical coal in Kentucky, Pennsylvania, Virginia, West Virginia, and Wyoming. It operates through two segments, Eastern Coal Operations and Western Coal Operations
ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ), a premier provider of substitute exchange traded funds, declared that savings Grade—Interest Rate Hedged ETF (IGHG) has surpassed $100 million in assets. introduce in November 2013, IGHG delivers a diversified portfolio of investment grade bonds with a built-in interest rate hedge.
“We believe that the strong flows into our attention rate hedged ETFs demonstrate investor interest in going beyond short-term bond funds to protect against rising rates,” said Michael Sapir, Chairman and CEO of ProShare Advisors LLC. “IGHG and our interest rate hedged high yield ETF, HYHG, have together attracted more than $275 million in the little more than a year since we launched HYHG.”
ProShares Trust UltraPro Short QQQ ETF (NASDAQ:SQQQ) decreased -0.36%, and closed at $25.26. With recent decline, the year-to-date (YTD) performance reflected a -12.72% decline below last year. During the past month the stock lose -1.86%, bringing three-month performance to -12.9% and six-month performance to -27.54%.
ProShares Trust UltraPro Short QQQ ETF (SQQQ) The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ-100 Index®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) of the daily return of the index.
WPX Energy Inc (NYSE:WPX) Chief administrative Officer Rick Muncrief is listed to speak at the 43rd annual Scotia Howard Weil energy conference on Monday, March 23, at 2:30 p.m. Central.
WPX recently reported its net income of $164 million for full-year 2014 and declared a 2015 investment plan of approximately $725 million.
WPX Energy Inc (NYSE:WPX) declined -4.62%, and closed at $10.93. The company has the market capitalization of $2.34 billion. The beta value of the stock is 1.55. On the other hand the stock’s volatility for the week is 6.64%, and for the month is 5.91%. The stock’s price to book ratio is $0.51, however price to sale ratio is $0.64. Analyst’s mean recommendation regarding this stock is 2.20. (Where 1=Buy, 5=Sale).
WPX Energy Inc (WPX) an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company focuses on exploiting natural gas reserves base and related natural gas liquids in the Piceance Basin of the Rocky Mountain region, as well as developing and growing oil positions in the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States.
CMS Energy Corporation (NYSE:CMS): A new statewide business incubator designed to spur agricultural innovation has received economic support from Consumers Energy.
Company representatives have presented a $25,000 donation to officials with the Great Lakes Ag-Tech Business Incubator at the Ottawa County administrative offices. The contribution will support new business development centered on commercializing ag-technology ideas and inventions.
Consumers Energy looks forward to seeing this savings translate into ag-related jobs and businesses.”
CMS Energy Corporation (NYSE:CMS) shares picked down -1.04%, and closed at $35.13. The stock volatility for the week is 2.45%, while for the month remained 2.00%. The company holds consensus target price of $37.77.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 1.74 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 4.80% and Annual EPS growth for the past 5 years is considered as 16.00%.
The mean recommendation of analysts for this stock is 2.30. (Where 1=Buy, 5=Sale).
CMS Energy Corporation (CMS) operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants
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