3 Worst Quarterly Performers: Nuverra Environmental Solutions Inc (NES), Wet Seal Inc (WTSL), And BPZ Resources Inc (BPZ)

Posted by Michael Korte January 28, 2015 0 Comment 1527 views


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

Nuverra Environmental Solutions Inc (NYSE:NES)’s price performance over the past three months has been nothing but poor as the stock is down more than 74%. Nonetheless, yesterday’s session made a positive difference on the stock. The provider of environmental solutions saw its shares up by whopping 31.07% to close the session at $2.32. The session was characterized by large volume of shares exchanging hands as 2.36 million shares, against the average daily volume of 664,400 million shares.

The stock opened at $1.70 and traded between $1.70 and $2.42 to close 40.61% above its 52-week low and 89.10% below its 52-week high.  NES has an average target price of $11.04. However, analysts at Imperial Capital lowered their target price on the stock to $2.50 from $10. Insider ownership of Nuverra Environmental Solutions Inc (NYSE:NES) is 37.50%.

Will Nuverra Environmental Solutions Inc  Continue To Move Higher Or Are Things About To Reverse? See What Is Next For NES With A Free Trend Analysis

Wet Seal Inc (NASDAQ:WTSL)’s share price is down almost 93% over the past three months. The specialty apparel retailer’s stock price is currently 98.81% below their 52-week high. Insider ownership in the company is 3.30%.

Wet Seal Inc (NASDAQ:WTSL) filed for bankruptcy as it struggles with shrinking sales, cash shortage and growing debt. Its sales in the most recent quarter fell 9.2% sequentially. EPS also declined 186.7% from the previous quarter.

Is Wet Seal Inc Going To Turn It Around Or Will It Continue To Freefall? See Where WTSL Is Going Next With A Free Trend Analysis

BPZ Resources Inc (NYSE:BPZ)’s shares have underperformed in the past three months, losing 79%. The yesterday’s session was not any different as the stock ended in the red at $0.247, following a 1.32% decline. 529,193 shares exchanged hands compared to 1.68 million shares of average daily volume of the company’s shares. BPZ changed traded between $0.24 and $0.25 in the session, having opened at $0.25. At the end of the day, shares of BPZ stood 92.74% below their 52-week high and 45.03% above their 52-week low.

Sales at BPZ increased 63.2% sequentially in the most recent quarter. Insider ownership in the oil and natural gas company was last revealed as 14.65%.

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

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About Michael Korte

Michael Korte an investigative reporter at GDP Insider and is a breaking news reporter. Michael work includes investigations of misconduct by federal prosecutors and industrial air pollution around the nation's schools. His reporting has been recognized with the Hillman Prize for Newspaper Journalism, the Grantham Prize for Excellence in Reporting on the Environment, and the Philip Meyer Journalism Award for reporting that incorporates social science methods.

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