3 Worst Quarterly Performers: Nuverra Environmental Solutions Inc (NES), Wet Seal Inc (WTSL), And BPZ Resources Inc (BPZ)
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%.
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.
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%.
HotStockGains.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.
Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.
Disclosure: HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.