3 Oversold Stocks: LeapFrog Enterprises Inc. (LF), Walter Energy Inc. (WLT), And Cloud Peak Energy Inc. (CLD)

Posted by Chris Bell January 28, 2015 0 Comment 986 views


New York, NY – GDP INSIDER  – 01/28/2015.

LeapFrog Enterprises, Inc. (NYSE:LF) witnessed a massive sell-off in its stock. Close to 2.05 million shares changed hands in yesterday’s trading session against the average daily volume of 1.53 million shares. The stock declined 2.64% to close at $2.58. The range for the day was $2.55 and $2.61. LF opened the session at $2.59, but closed 0.39% below the opening mark and 67.22% below the 52-week high price.

Although the regular session was characterized by losses, LeapFrog gained some ground in the afterhours trading, edging 1.94% to close at $2.63. The stock is down more than 45% since the beginning of this year.

LeapFrog Enterprises, Inc. (NYSE:LF) has found itself under pressure following its tepid 3Q preliminary results. The company reported revenue of $145 million, below its expectations of $220-$240 million. Analysts  expected $226 million of revenue for the quarter.

Is LeapFrog Enterprises, Inc. Going To Continue To Lose Value Or Will Things Start To Turn Around? Find Out What’s Next For LF With A Free Trend Analysis Report

Walter Energy, Inc. (NYSE:WLT), whose 52-week high is $11.90 has fallen quite a lot to trade below a dollar. The stock ended yesterday’s session at $0.869 after being marginally up by 0.56%. WLT traded in a range of $0.79 and $0.89 on a day that saw lesser volume of 2.81 million shares against average daily volume of 3.84 million.

WLT continued its gains during afterhours trading as it added another $0.011 to its stock price to close at $0.880 yesterday. Despite yesterday’s gain, shares of Walter Energy, Inc. (NYSE:WLT) still trades 92.64% below its 52-week high.

The company suspended dividend payment so that it can boost its financial flexibility given the current weakness in the metallurgical coal market.

Is Walter Energy, Inc. Going To Continue To Move Higher Or Are Things About To Turn Around? See What’s In Store For WLT With A Free Trend Report.

Cloud Peak Energy Inc. (NYSE:CLD) saw 1.42 million shares changing hands compared to against the average daily volume of 1.38 million. Shares of CLD traded in the range of $6.93 and $7.32 in yesterday’s session. The stock managed to end the session at $7.25, up 0.28%. However, the new stock price still left CLD 67.68% below its 52-week high.

Will Cloud Peak Energy Inc. Continue To Trend Higher Or Are Things About To Crash? See What’s Coming Up Next For CLD With A Complimentary Trend Analysis Report

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About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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