3 Oversold Stocks: Bill Barrett Corporation (BBG), Ampio Pharmaceuticals Inc (AMPE), And Midstates Petroleum Company Inc (MPO)?

Posted by Ryan Mandell January 29, 2015 0 Comment 1501 views


New York, NY – GDP INSIDER  – 01/29/2015.

Bill Barrett Corporation (NYSE:BBG) witnessed a massive sell-off in its stock as 5.53 million shares exchanged hands compared to t the average daily volume of 2.13 million shares.  The oil and gas company traded in the range of $8.67 and $10.67. It opened the day at $10.62. BBG dropped 17.01% to end the session at $8.98 with a market cap of $528.98 million. The stock currently carries an average target price of $12.34.

Yesterday’s closing price put Bill Barrett Corporation (NYSE:BBG) 19.10% above its 52-week low and 69.40% below its 52-week high.

The company’s sales were down 9% sequentially in the most recent quarter, but EPS increased 79.50% sequentially in the same period.

BBG has been under pressure as crude prices continue to fall in the market.

Is BBG Going To Continue To Lose Value Or Will Things Start To Turn Around? Find Out What’s Next For BBG With A Free Trend Analysis Report

Ampio Pharmaceuticals Inc (NYSEMKT:AMPE) declined 6.27% to finish yesterday’s session at $5.08. The stock opened the session at $5.55. About 1.41 million shares exchanged hands yesterday, a volume that was far beyond the average daily volume of about 663,856 shares. AMPE saw its stock trading between a session low of $4.60 and a high of $5.57. The biopharmaceutical company ended yesterday’s session with a market cap of $286.77 million. In the afterhours trading, AMPE gained some strength and rose 0.79% to $5.12.

Yesterday’s closing price of $5.08 put AMPE 45.73% below its 52-week high and 59.25% above its 52-week low.

AMPE’s sales increased 71.40% sequentially in the most recent quarter, while EPS declined 12.50% in the same period.

Is AMPE Going To Turn It Around Or Will It Continue To Freefall? See Where AMPE Is Going Next With A Free Trend Analysis

Midstates Petroleum Company Inc (NYSE:MPO) had a dull day yesterday. About 415,030 shares exchanged hands on the day, way below the average daily volume of 787,427 shares. The stock plunged 8.78% to end the session at $1.35 with a market cap of $106.65 million. MPO saw its shares trading in the range of $1.31 and $1.50. Yesterday’s session opened at $1.49.

Following yesterday’s stock price decline, MPO remained 82% below its 52-week.

Will MPO Continue To Drift Lower Or Will It Be Able To Find Support And Reverse? See What’s In Store For MPO With A Free Trend Report

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About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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