3 Stocks To Watch: Ocwen Financial Corp(OCN), Laredo Petroleum Inc(LPI) and Veolia Environnement VE SA (VEOEY)

Posted by admin January 26, 2015 0 Comment 2199 views

New York, NY – GDP INSIDER  –  01/26/2015.

This article discusses three companies: Ocwen Financial Corp(NYSE:OCN), Laredo Petroleum Inc(NYSE:LPI) and Veolia Environnement VE SA (ADR)(OTCMKTS:VEOEY)

Ocwen Financial Corp(NYSE:OCN) hit a new notable 52-week low on Friday, reaching a peak of $7.44 during intraday trading after opening the day at $6.84 and closing at $6.35 with a loss of 16.99%. The $1.30 loss in price moved the stock 87.03% away from its 52-week high of $48.95. The $798.92 million market cap company, which has an earnings per share (ttm) of $1.19 and price to earnings ratio (ttm) of 5.36, had a high trading volume of 20.86 million and 125.81 million shares outstanding. Ocwen Financial Corp had a beta of 074, meaning it is 26% less volatile than the market.

Should You Invest In Ocwen Financial Corp? Have A Look At Our Free OCN Report Here.

Laredo Petroleum Inc(NYSE:LPI) saw its value decline by 6.45% during Friday’s trading as the stock slid $0.64 to close its trading session to a new closing price of $9.28. This new mark places the stock 32.57% above its 52-week low of $7 and 70.28% below its 52-week high of 31.23. US based independent energy company had a trading volume of 14.21 million, a figure which is substantially higher than its 3-montn average trading volume of 4.39 million. Analysts at Credit Agricole upgraded their rating on the stock from underperform to outperform.

Is It Time To Hold Laredo Petroleum Inc Shares? Find Out More In Our Free LPI Report.

Veolia Environnement VE SA (ADR)(OTCMKTS:VEOEY) traded within a range of $18.16 to $18.39 after opening the day at $18.25 on Friday and dropped 2.18% to close its trading session at $18.16. However, the stock managed to gain $0.02 to 0.09% during afterhours trading. Veolia Environnement VE SA traded 57,888 shares during Friday’s trading session, which is substantially lower than its 30-day average trading volume of 233,134. Simply put, investor interest in the stock is on the decline. The stock has an earnings per share of $-0.02 and a beta of 1.75, which indicates that it is 75% more volatile than the market.

Will Veolia Environnement VE SA Bounce Back? Read Our Free VEOEY Report To Find Out More.

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