2 Underperforming Stocks To Watch: Rocket Fuel Inc (NASDAQ:FUEL) and Five Oaks Investment Corp (NYSE:OAKS)
New York, NY – GDP INSIDER – 03/31/2015.
This article discusses three companies: Rocket Fuel Inc (NASDAQ:FUEL) and Five Oaks Investment Corp (NYSE:OAKS)
Rocket Fuel Inc (NASDAQ:FUEL) saw its value decline by 2.01% yesterday as the stock fell nineteen cents to finish the day at a closing price of $9.24 on light trading volume of 0.582 million, compared to its 30 day average trading volume of 1.06 million. That being said, the situation could have been much worse for the US-based artificial intelligence and data-driven modeling and automated decision making platform provider, as the stock dropped to a new 52 week low of $9.12 during yesterday’s trading. The decline in value came despite the fact that the company did not make any significant announcements or release any financial figures. Over the past one week and over the past one month, the shares of Rocket Fuel Inc has lost 7.97% and 5.42%, respectively. Not only that, but the company has been underperforming the S&P 500 for the past one year, with the stock down 78.45% compared to the index which is up 11.42% over the same period. With negative quarterly earnings growth (yoy) of 600% and EPS of $-1.68, it is better to sell than hold at this time.
Five Oaks Investment Corp (NYSE:OAKS) gained six cents to finish the day at anew closing price of $10.68, a 0.56% increase in value that moved the stock 1.87% above its 200 day moving average of $9.76. The $156.31 million market company, which traded within a range of $10.60 to $10.68 before closing the day at $10.66, had a low trading volume of 74K, a figure which is substantially lower than its 30 day average trading volume of 0.118 million. The US based company is currently situated 11.49% above its 52 week low of $9.58 and only 3.70% away from its one yare high of $11.09. The shares of Five Oaks Investment Corp have been declining over the past one year, with the stock down 4.22% compared to the S&P 500 which is up 11.42% for the same period. While the MFI of 83.88 is not concerning, the RSI of 70.10 is on the verge of pushing into more concerning territory. That said, the stock could move higher, and these technical are not yet indicating that a correction is on the horizon.
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