3 Stocks To Keep Your Eyes On: Molycorp Inc(MCP), Key Energy Services, Inc.(KEG) and TENCENT HOLDINGS ADR(TCEHY)

Posted by Saimoon January 23, 2015 0 Comment 1545 views


New York, NY – GDP INSIDER  –  01/23/2015.

This article discusses three companies: Molycorp Inc(NYSE:MCP), Key Energy Services, Inc.(NYSE:KEG) and TENCENT HOLDINGS ADR(OTCMKTS:TCEHY)

Molycorp Inc(NYSE:MCP) hit its 52-week low of $0.29 during intraday trading and closed the day at $0.381, a 17.28% decline in its value. The $0.079 loss per share moved the rare-earth miner company 93.23% below its 52-week high of $5.62. According to the sources familiar with the situation, Molycorp Inc has hired a law firm Jones Day for debt restructuring advice. In 2014, the same law firm helped the company to secure $400 million of loans from Oaktree Capital Management LLP. The company had a high trading volume of 14.14 million yesterday and 244.77 million shares outstanding.

Is It True That Molycorp Inc Has Hired Jones Day To Get An Advice On Debt Restructuring? Find Out More In Our Free MCP Report.

Key Energy Services, Inc.(NYSE:KEG) surged a whopping 25.36% yesterday as the stock gained $0.35 to close its trading session at $1.73. The $214.27 million market cap company, which traded within a range of $1.40 to $1.86 during intraday trading, currently situated 73% above its 52-week low of $1 and 83.56% below its 52-week high of $10.52. Key Energy Services, Inc has a beta of 2.10, meaning it is 110% more volatile than the market, and an earnings per share of $-0.91. The stock has traded within a range of $1 to $10.52 over the past 52 weeks.

Will Key Energy Services, Inc Be Able To Sustain Its Upward Trend? Learn More About Company’s Trajectory In Our Free KEG Report.

TENCENT HOLDINGS ADR(OTCMKTS:TCEHY) saw a gain of 3.01% in value during yesterday’s trading as it rose $0.50 to close its trading session at $17.10. The company gained an additional 0.06% to $0.01 during afterhours trading. The stock had a high trading volume of 1.10 million yesterday, a figure which is higher than its 30-day average trading volume of 0.55 million. Recently, analysts at Mizuho upgraded their rating on the stock to buy while analysts at JPMorgan Chase & Co. upgraded their neutral rating on the shares of TENCENT HOLDINGS ADR to overweight rating.

Should You Invest In TENCENT HOLDINGS ADR Now? Read Our Free TCEHY Report Here.

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