3 NYSE Stocks To Consider: MDU Resources Group Inc (NYSE:MDU), TriNet Group Inc (NYSE:TNET) and American Eagle Energy Corp (NYSEMKT:AMZG)
New York, NY – GDP INSIDER – 05/06/2014.
This article discusses three companies: MDU Resources Group Inc (NYSE:MDU), TriNet Group Inc (NYSE:TNET) and American Eagle Energy Corp (NYSEMKT:AMZG)
MDU Resources Group Inc (NYSE:MDU) continued to decline yesterday with the stock falling 5.59% or $1.24 to finish the day at a closing price of $20.93 on higher than average trading volume of 1.80 million, compared to its 30 day average trading volume of 0.908 million. The stock started to decline after it reported a first quarter loss of $305.9 million on Monday. The company reported earnings per share of $0.12 per share, which is lower than analysts’ estimates of $0.19 per share. Overall, the stock has declined 39.43% over the past one year, better to sell for now.
TriNet Group Inc (NYSE:TNET) declined yesterday as the stock lost 5.54% or $2.02 to close the day at $34.43 on higher than average trading volume of 0.802 million compared with its 30 day average trading volume of 0.433 million. The US-based human resources solutions provider lost an additional 8.51% during afterhours trading. Despite the loss, the stock is trading 66.17% above its 52 week low of $20.72. With RSI of 41.90 and one year target price estimate of $37, the stock has upside potential, hold.
American Eagle Energy Corp (NYSEMKT:AMZG) reversed its recent downward trend yesterday with the stock surging 18.27% or $0.04 to finish the day at a closing price of $0.24 on much higher than average trading volume of 7.111 million, compared to its three month average trading volume of 0.803 million. The oil and gas exploration and acquisition company has been falling steadily for most of the last 12 months with the stock down 96.68%, but has been starting to gain back some of these losses since the beginning of the last month with the stock up 30.56%. The MFI is at 80, which is relatively high. We should look for a potential reversal in the stock. In addition, the RSI is over 65, also a signal that we could see some further selling pressure over the near-term.
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