On Friday, Following Stocks were among the “Top 100 Losers” In U.S. Stock Exchange: Millennial Media, (NYSE:MM), Ciena (NYSE:CIEN), Callon Petroleum Company (NYSE:CPE), Cobalt International Energy, (NYSE:CIE)
Formerly On March 9, 2015 Millennial Media, Inc. (NYSE:MM) uncovered financial results for the fourth quarter and full year ended December 31, 2014.
Revenue: For the fourth quarter of 2014, revenue was $86.4 million compared to $96.7 million in the fourth quarter of 2013.
Gross Margin: For the fourth quarter of 2014, gross margin was 38.3% compared with gross margin of 38.7% for the fourth quarter of 2013.
Net Income (Loss): For the fourth quarter of 2014, on a GAAP basis, net loss was $(11.6) million, compared to net loss of $(3.7) million for the fourth quarter of 2013.
Millennial Media, Inc. (NYSE:MM), fell -4.05%, and closed at $1.42.its volatility for the week is 6.29%, while for the month it is 6.06%. The company has the market capitalization of $197.43 million. The company holds the book value per share of 2.20, whereas cash per share is 0.36. Price to book ratio remained 0.65, while price to sale ratio is 0.67. Analysts mean recommendation for the stock is said to be 3.00 (where 1=Buy, 5=sale).
Millennial Media, Inc. (MM) offers mobile advertising solutions to advertisers and developers in the United States and internationally. It offers advertisers the opportunity to reach and engage with their targeted audiences across mobile devices and screens; solutions that enables advertisers to gain insights into the performance of their ad campaigns and to manage their campaigns; and cross-screen device map that allows to associate a single user with multiple online and mobile devices.
Ciena Corporation (NYSE:CIEN) decreased -4.05%, and closed at $19.17,. The company holds the market capitalization of $2.08 billion. For the last twelve months, the stock was able to keep return on equity at 61.20%, while return on assets at -2.20%, in response to its return on investment at 2.30%. Its 20-day moving average decreased -7.68%, below 50-day moving average of -4.45%, below 200-day moving average of 1.18% from the latest market price of $19.17. The mean recommendation of analysts for this stock is 2.00. (Where 1=Buy, 5=Sale).
Ciena Corporation (CIEN) provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide.
On March 23, 2015 Callon Petroleum Company (NYSE:CPE) disclsoed that it has entered into an agreement with Lone Star Value Management, LLC (“Lone Star Value”), pursuant to which Callon has agreed to expand the size of the Company’s Board of Directors (the “Board”) from seven to eight directors and to designate one new independent director – Michael L. Finch – to fill the newly-created directorship, effective the day prior to Callon’s 2015 annual meeting of stockholders. Mr. Finch will also be nominated by the Company for re-election to the Board, at the Company’s 2015 annual meeting of stockholders, as a Class I director (whose term expires at the 2016 annual meeting of stockholders).
Callon Petroleum Company (NYSE:CPE) declined -4.04%, and closed at $7.61. The company has the market capitalization of $501.74 million. The beta value of the stock is 2.41. On the other hand the stock’s volatility for the week is 7.32%, and for the month is 6.55%. The stock’s price to book ratio is $0.97, however price to sale ratio is $3.30. Analyst’s mean recommendation regarding this stock is 2.10. (Where 1=Buy, 5=Sale).
Callon Petroleum Company (CPE) holds in the exploration, development, acquisition, and production of oil and natural gas properties in the Permian Basin in West Texas.
Cobalt International Energy, Inc. (NYSE:CIE)’s shares picked down -3.99%, and closed at $9.39. The stock volatility for the week is 3.82%, while for the month remained 3.91%. The company holds consensus target price of $14.08.
If we consider EPS growth of the company, then the company indicated the following observations:
The company showed -1.25 diluted EPS growth for trailing twelve months. However, YTD EPS growth remained 13.80% and Annual EPS growth for the past 5 years is considered as -39.10%.
The mean recommendation of analysts for this stock is 2.30. (Where 1=Buy, 5=Sale).
Cobalt International Energy, Inc. (CIE) along its subsidiaries, holds in the exploration and production of oil-focused, below-salt exploration prospects. Its project portfolio comprises North Platte, Heidelberg, Shenandoah, and Anchor discovery in the U.S. Gulf of Mexico; Cameia, Lontra, Mavinga, Bicuar, and Orca in the offshore Angola; and Diaman in the offshore Gabon.
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