2 Underperforming Stocks To Watch: Triangle Petroleum Corporation (TPLM) and Five Oaks Investment Corp (OAKS)
New York, NY – GDP INSIDER – 04/09/2015.
This article discusses three companies: Triangle Petroleum Corporation (NYSEMKT:TPLM) and Five Oaks Investment Corp (NYSE:OAKS)
Triangle Petroleum Corporation (NYSEMKT:TPLM) continued to decline yesterday with the stock dropping 9.75% or $0.58 to close at $5.37, with 1.039 million shares changing hands compared to its three month average trading volume of 1.52 million. The oil and natural gas exploration and development company has been seeing its stock value decline recently, in line with the ongoing weakness in the price of oil. Triangle Petroleum Corporation has been underperforming for the last six months, with the stock down 43.11% compared to the S&P 500 which is up 5.74% over the same period. The difference has narrowed since the beginning of the year, with the stock down only 12.34% while the S&P 500 is up 1.12%. With quarterly revenue growth of 96.80% and diluted EPS of $0.70 the stock has potential for growth, but that will largely be dependent on whether oil prices go up again. Better to sell than hold for now.
Five Oaks Investment Corp (NYSE:OAKS) gained six cents to finish the day at a new closing price of $10.68, a 0.56% increase in value that moved the stock 3.20% above its 200 day moving average of $10.49. The $158.96 million market company, which traded within a range of $10.75 to $10.87 after opening the day at $10.86, had a low trading volume of 0.072 million, a figure which is substantially lower than its 30 day average trading volume of 0.117 million. The US based company is currently situated 13.37% above its 52 week low of $9.58 and only 2.07% 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 5.65% compared to the S&P 500 which is up 11.20% for the same period. The RSI of 55.83 indicates the stock is not over valued at the current levels, the MFI of 77.07 shows the money is flowing in the right direction. 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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