On Friday, Following Stocks were among the “Top 100 Gainers” In U.S. Stock Exchange: FreeSeas Inc (NASDAQ:FREE), Tanzanian Royalty Exploration Corp. (US) (NYSEMKT:TRX), Key Energy Services, Inc (NYSE:KEG), EXCO Resources Inc (NYSE:XCO), Companhia Energetica Minas Gerais (ADR) (NYSE:CIG)
FreeSeas Inc (NASDAQ:FREE)’s shares picked up 21.04%, and closed at $0.0650. The stock volatility for the week is 26.86%, while for the month remained 15.34%.
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, Annual EPS growth for the past 5 years is considered as -25.19%.
FreeSeas Inc., through its subsidiaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, such as iron ore, grain, and coal, in addition to bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice. Its fleet comprises of five Handysize vessels and one Handymax vessel. As of April 2, 2014, its operational fleet had about 197,200 deadweight tons with the average age of 16.6 years. The company was formerly known as Adventure Holdings S.A. and changed its name to FreeSeas Inc. in April 2005. FreeSeas Inc. was founded in 2004 and is based in Athens, Greece.
Tanzanian Royalty Exploration Corp. (US) (NYSEMKT:TRX), raised 14.99%, and closed at $0.510. The stock has price to book ratio of 1.31, however, price to cash ratio is 86.67. With recent incline, the year-to-date (YTD) performance reflected an -21.54% decline below last year. During the past month the stocks lose -7.27%, bringing three-month performance to -21.54% and six-month performance to -78.75%.
Tanzanian Royalty Exploration Corporation, a mineral resource company, engages in the attainment and exploration of natural resource properties. The company primarily explores for gold or other precious metals. It holds interests in the Buckreef project located in the Mwanza provincial district, the Kigosi project located in the Kigosi Game Reserve controlled area, the Lunguya property located in the Kahama district, the Itetemia property located in the Mwanza region of the Lake Victoria Greenstone region, and the Luhala property located in Misungwi district of Mwanza region, in addition to a 75% interest in the Kabanga project located in the Kibaran Fold belt of the north west Tanzania. The company was formerly known as Tan Range Exploration Corporation and changed its name to Tanzanian Royalty Exploration Corporation in February 2006. Tanzanian Royalty Exploration Corporation was founded in 1990 and is based in Toronto, Canada.
Key Energy Services, Inc (NYSE:KEG), enhanced 9.58%, and closed at $1.83. The company holds the market capitalization of $282.55M. For the last twelve months, the stock was able to keep return on equity at -15.50%, while return on assets at -7.30%. Its 20-day moving average declined -1.37%, above 50-day moving average of 0.90%, below 200-day moving average of -56.72% from the latest market price of $1.83.
Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. It offers rig-based services, counting the maintenance, workover, and recompletion of existing oil wells; completion of newly-drilled wells; and plugging and abandonment of wells at the end of their lives, in addition to specialty drilling services to oil and natural gas producers. The company also provides fluid administration services, such as transportation and well-site storage services for various fluids utilized in connection with drilling, completions, work over, and maintenance activities; and disposal services for fluids produced subsequent to well completion, in addition to operates a fleet of hot oilers capable of pumping heated fluids used to clear soluble restrictions in a wellbore.
EXCO Resources Inc (NYSE:XCO), rose 8.67%, and closed at $1.63. The stock has the beta value of 1.22, and its volatility for the week is 15.74%, while for the month it is 9.70%. The company has the market capitalization of $446.20M. The company holds the book value per share of 1.88, whereas cash per share is 0.17. Price to book ratio remained 0.87, while price to sale ratio is 0.68. Analysts mean recommendation for the stock is said to be 4.00 (where 1=Buy, 5=sale).
EXCO Resources, Inc., an independent oil and natural gas company, engages in the attainment, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the United States. The company holds interests in about 85,300 net acres located in the Haynesville and Bossier shales of East Texas and North Louisiana; about 52,900 net acres located in the Eagle Ford shale of South Texas; and about 157,000 net acres of prospective area located in the Marcellus shale of the Appalachian basin. As of December 31, 2014, it had proved reserves of about 1.3 trillion cubic feet equivalent; and operated 6,559 gross wells. The company was founded in 1955 and is based in Dallas, Texas.
Companhia Energetica Minas Gerais (ADR) (NYSE:CIG), climbed 8.29%, and closed at $3.92. The company holds the market capitalization of $4.93M. For the last twelve months, the stock was able to keep return on equity at 27.50%, while return on assets at 11.60%. Its 20-day moving average declined -3.02%, below 50-day moving average of -8.58%, below 200-day moving average of -33.10% from the latest market price of $ 3.92.
Companhia Energetica de Minas Gerais (CEMIG) is a state-controlled mixed capital company organized in Minas Gerais, Brazil. It is an integrated concessionaire of electric power generation, transmission and distribution. The electric power transmission business comprises of transporting electric power from the facilities where it is generated to the distribution networks for delivery to end users. CEMIG owns and operates 52 power plants, of which six are in partnership with private enterprises, relying on a predominantly hydroelectric energy matrix. It also engages in distributing natural gas in Minas Gerais, providing a fiber-optics and coaxial cable network installed along its transmission and distribution lines, through which telecommunication services can be provided, and national and international consulting business through its partner Efficientia S.A.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The data demonstrated 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.
