On Friday, Following Basic Materials Stocks were among the “Top Gainers” In U.S. Stock Exchange: Walter Energy, (NYSE:WLT), Axiall (NYSE:AXLL), Arch Coal (NYSE:ACI), Hercules Offshore, (NASDAQ:HERO)
Formerly On March 5, 2015 Walter Energy, Inc. (NYSE:WLT) uncovered that the Company has been notified by the New York Stock Exchange that its common stock does not presently satisfy one of the NYSE’s continued listing standards. The NYSE requires that the average closing price per share of a listed company’s common stock be at least $1.00 over a consecutive 30 trading-day period. As of March 3, 2015, the average closing price per share of the Company’s common stock over the preceding 30 trading-day period was $0.99.
Walter Energy, Inc. (NYSE:WLT) inclined 18.02%, and closed at $0.720. The company has the market capitalization of $51.89 billion. The beta value of the stock is 2.45. On the other hand the stock’s volatility for the week is 17.51%, and for the month is 24.30%. The stock’s price to book ratio is $0.18, however price to sale ratio is $0.04. Analyst’s mean recommendation regarding this stock is 3.30. (Where 1=Buy, 5=Sale).
Walter Energy, Inc. (WLT) produces and exports metallurgical coal for the steel industry. It operates through two segments, U.S. Operations, and Canadian and U.K. Operations. The company also extracts, processes, markets, and/or possesses mineral reserves of thermal coal and anthracite coal, as well as produces metallurgical coke and coal bed methane gas.
Formerly On March 3, 2015Axiall Corp (NYSE:AXLL) divulged a regular quarterly dividend of 16 cents for each share of ordinary stock. The dividend is due April 10, 2015, to investors of record at the close of business on March 27, 2015.
Axiall Corp (NYSE:AXLL)’s shares picked up 5.52%, and closed at $46.63. The stock volatility for the week is 2.77%, while for the month remained 2.69%. The company holds consensus target price of $51.90.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed 0.65 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained -73.00% and Annual EPS growth for the past 5 years is considered as -39.70%.
The mean recommendation of analysts for this stock is 2.50. (Where 1=Buy, 5=Sale).
Axiall Corp (AXLL) produces and markets chemicals and building products in the United States and internationally. The company operates through three segments: Chlorovinyls, Building Products, and Aromatics.
Arch Coal Inc (NYSE:ACI) enhanced 4.53%, and closed at $1.04. The company holds the market capitalization of $221.20 billion. For the last twelve months, the stock was able to keep return on equity at -28.80%, while return on assets at -6.50%, in response to its return on investment at -2.60%. Its 20-day moving average gained 1.09%, below 50-day moving average of -6.48%, below 200-day moving average of -52.63% from the latest market price of $1.04. The mean recommendation of analysts for this stock is 3.30. (Where 1=Buy, 5=Sale).
Arch Coal Inc (ACI) manufactures and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled approximately 5.1 billion tons of proven and probable recoverable reserves.
On March 23, 2015 Hercules Offshore, Inc. (NASDAQ:HERO) proclaimed that it has published the March Fleet Status Report (“the Report”). The Report includes the Hercules Offshore Rig Fleet Status (as of March 23, 2015), which contains detailed contract information for each of the Company’s drilling rigs. The Report also includes the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for February 2015, including revenue per day and operating days.
Hercules Offshore, Inc. (NASDAQ:HERO) rose 3.06%, and closed at $0.465. The stock has the beta value of 2.45, and its volatility for the week is 14.42%, while for the month it is 20.04%. The company has the market capitalization of $72.67 million. The company holds the book value per share of 3.82, whereas cash per share is 1.29. Price to book ratio remained 0.12, while price to sale ratio is 0.08. Analysts mean recommendation for the stock is said to be 3.10 (where 1=Buy, 5=sale).
Hercules Offshore, Inc. (HERO) along with its subsidiaries, offers shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments. It offers oil and gas exploration and development drilling, well services, platform inspection, maintenance, and decommissioning services in various shallow-water provinces.
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