3 Long Term Potential Stocks: Cytokinetics, Inc.(CYTK), Warren Resources, Inc.(WRES) and Approach Resources Inc.(AREX)

Posted by Saimoon February 18, 2015 0 Comment 1212 views


New York, NY – GDP INSIDER  –  02/18/2015.

This article discusses three companies: Cytokinetics, Inc.(NASDAQ:CYTK), Warren Resources, Inc.(NASDAQ:WRES) and Approach Resources Inc.(NASDAQ:AREX)

Cytokinetics, Inc.(NASDAQ:CYTK) jumped 5.01% as the stock gained $0.39 to move to a closing price of $8.17 yesterday, which may be attributed to the announcement of its fourth quarter earnings results for 2014 on February 12th, 2015. The company reported revenue of $21.8 million for 4Q14, which is $2.5 million lower than $24.3 million in the fourth quarter year ago, and $46.9 million for full year. Over the past one week and over the past one month, the shares of Cytokinetics, Inc have surged 30.72% and 11.92%, respectively. Additionally, the stock has surged 80.75% over the past six months. Not only that, but the stock has also outperformed the S&P500 Index by 82.77% over the same period.

Is Now The Time To Invest In Cytokinetics, Inc? Find Out If This Stock Can Rev Up Your Portfolio’s Performance With Our Free CYTK Analysis.

Warren Resources, Inc.(NASDAQ:WRES) enjoyed an increase of 6.30% in value as the stock gained eight cents to move to a closing price of $1.35. Despite the gain, the stock still remains well below its one year high of $7.02. The independent energy company has a gross margin of 69.50% and an operating margin of 26%. Warren Resources, Inc still has a long way to go to meet its one year price target estimate of $1.80 but is still holding well above its 20 day moving average of $1.19.

Should You Invest In Warren Resources, Inc Now? Read Our Free WRES Analysis To Know More.

Approach Resources Inc.(NASDAQ:AREX) has performed well over the past one month. The stock is up 38.02% compared to the S&P500 Index that is up 3.85% over the same period. The stock closed $0.49 up yesterday or 6.01% ending up at $8.64 on higher than average trading volume of 2.12 million shares, compared to its three month average trading volume of 1.72 million. The stock is holding 21.48% and 33.44% well above its 20 day moving average of $7.24 and 50 day moving average of $6.49, respectively. On February 12, analysts at Northland Capital reiterated their ‘market perform’ rating on the shares Approach Resources Inc and upgraded their price target from $6 to $7.50 per share.
What Should You Know Before Investing In Approach Resources Inc? Click Here For Our Free AREX Investment Analysis.

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