3 Falling Stocks: Wet Seal Inc(WTSL), SandRidge Energy Inc.( SD) and GT Advanced Technologies Inc(GTATQ)
New York, NY – GDP INSIDER – 12/12/2014.
This article discusses about three companies: Wet Seal Inc(NASDAQ:WTSL), SandRidge Energy Inc.(NYSE:SD) and GT Advanced Technologies Inc(OTCMKTS:GTATQ)
Wet Seal Inc(NASDAQ:WTSL) plummeted 70.13% as the stock fell $0.1956 to close the day at $0.0833. The trading began on a bullish sentiment but saw a considerable downside as the stock hit its 52-week low of $0.08 after opening the day at $0.15.However, the shares managed to gain 11.64% during afterhours trading. The company has a market cap of $868.72 million and an enterprise value of $3.24 billion and the number of outstanding shares is calculated to be 485.23 million. Wet Seal Inc, which has a beta of 1.12 and YTD performance of -96.95%, is currently situated 97.07% below its 52-week high of $2.84.
SandRidge Energy Inc.(NYSE:SD) hit a new 52-week low of $1.75 during intraday trading as the stock lost 9.60% to close the day at $1.79. The stock, which traded within a range of $1.75 to $2.06 after opening the day at $1.99 during yesterday’s trading, is currently placed 75.91% away from its 52-week high of $7.43. The US based independent oil and gas company has a beta of 2.69 which indicates that it is 169% more volatile than the market. It has an RSI value of 20.55 and MACD of -0.522 and losing its momentum.
GT Advanced Technologies Inc(OTCMKTS:GTATQ) had a trading volume of 10.97M, a figure which is 7.69M higher than its 10-day average trading volume of 3.29M. The $33.39 million market cap stock lost 22.71% value during trading yesterday as the stock fell $0.066 to close the day at $0.225. The US based company saw a bearish trend during the day and hit its 52-week low of $0.22 during intraday trading. The ticker has a revenue (ttm) of $153.37 million, revenue per share (ttm) of $1.18 and gross profit (ttm) of $93.05 million.
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