AMR Corporation (OTCMKTS:AAMRQ) shares closed at $5.80, ZIOPHARM Oncology Inc. (NASDAQ:ZIOP)

Posted by Lynn Eisler May 29, 2013 0 Comment 1265 views


Hartford, CT 05/29/2013 (GDPInsider) – AMR Corporation (OTCMKTS:AAMRQ) shares closed at $5.80 per share, from its last closing price of $5.80 per share. The stock had started this trading session at the opening price of $6.01 and has so far today seen a price ranging from a low of $5.76 to a high of $6.15. In its last 52-weeks’ history, the stock’s price has ranged from $0.36 – $7.15. While today 6.89M shares have been traded so far, in the last 30 days, 8.25 million shares have been traded every day on an average. The corporation has an earnings-per-share of -$1.76 to show against 335.27 million outstanding shares, pointing towards losses and rough waters. The beta coefficient of 1.85 shows that the stock experiences 85% more volatility than the market and while that may potentially yield greater returns, it also tells the investor to be prepared for a steeper fall.

The U.S. Department of Justice filed papers in the U.S. Bankruptcy Court, Manhattan asking it to disapprove the outline of the plans of AMR to merge with US Airways Group over earmarking of almost $20 million as severance for Tom Horton, the company’s departing boss.

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ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) shares closed at $2.51 per share, a fall of 4.24% (-$0.11) from its last closing price of $2.62. The stock had started this trading session at the opening price of $2.38 and has so far today seen a price ranging from a low of $2.26 to a high of $2.51. In its last 52-weeks’ history, the stock’s price has ranged from $1.49 – $6.33. While today 3.42 million shares have been traded so far, in the last 30 days, 1.46 million shares have been traded every day on an average. The company has an earnings-per-share of -$1.05 to show against 83.56 million outstanding shares, pointing towards losses and rough waters. The beta coefficient of 1.45 shows that the stock experiences 45% more volatility than the market and while that may potentially yield greater returns, it also tells the investor to be prepared for a steeper fall.

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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