3 Stocks To Consider? Key Energy Services, Inc.(KEG), Parker Drilling Company(PKD) and Prospect Capital Corporation(PSEC)
New York, NY – GDP INSIDER – 02/12/2015.
This article discusses three companies: Key Energy Services, Inc.(NYSE:KEG), Parker Drilling Company(NYSE:PKD) and Prospect Capital Corporation(NASDAQ:PSEC)
Key Energy Services, Inc.(NYSE:KEG) suffered a 8.11% decrease in value yesterday as the stock fell eighteen cents to move to a new closing price of $2.04, following the decline in oil prices after International Energy Agency warned about more selloffs in the near future on Tuesday. The Texas-based oilfield services company seen its trading volume spike recently, reaching a figure of 5.50 million compared to its three month average trading volume of 4.40 million. Key Energy Services, Inc has a beta of 2.22, which indicates that the stock is 122% more volatile than the market.
Parker Drilling Company(NYSE:PKD) lost twenty-six cents to finish the day at a new closing price of $3.25, a 7.41% decline in value from its previous closing price of $3.51. The sharp decline in value places the drilling-related services company 61.08% further away from its 52 week high of $8.35. Over the past six months and over the past one year, the shares of Parker Drilling Company have underperformed the S&P500 index by 48.74% and 53.70%, respectively. On February 4, analysts at TheStreet downgraded the stock from ‘hold’ rating to ‘sell’ rating with a score of D+.
Prospect Capital Corporation(NASDAQ:PSEC) saw its value decline by 1.74% during yesterday’s trading that left the stock at a closing price of $8.48. The $0.15 drop per share came on a day when the analysts at BMO Capital Markets initiated their coverage on the stock with a ‘market perform’ rating. The New York-based financial services company recorded a low trading volume of 2.96 million yesterday. This figure is almost 0.32 million lower than its 30-day average trading volume of 3.28 million. Prospect Capital Corporation, which traded within a range of $8.42 to $8.61 yesterday, has a price to earnings ratio of 8.85 and an earnings per share (ttm) of $0.96.
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