Are Alibaba Group Holding Ltd(BABA), Blount International Inc(BLT) and Marathon Oil Corporation(MRO) Going To Keep Sleeping?

Posted by Saimoon March 12, 2015 0 Comment 657 views


New York, NY – GDP INSIDER  –  03/12/2015.

This article discusses three companies: Alibaba Group Holding Ltd(NYSE:BABA), Blount International Inc(NYSE:BLT) and Marathon Oil Corporation(NYSE:MRO)

Alibaba Group Holding Ltd(NYSE:BABA) declined very slightly to close down 1.18% or $0.98 at $81.99 on much lower than average trading volume of 12.77 million, compared to its 30-day average trading volume of 19.10 million. The China-based online and mobile commerce company has been underperforming the S&P 500 for the last two months losing 21.19% of its share price, compared to the index’s loss of 0.91% for the period. On March 9, analysts at Axiom Securities initiated their coverage on Alibaba Group Holding Ltd with a BUY rating and set their price target at $110. With EPS of $1.80 and quarterly revenue growth (yoy) of 39.70%, the stock is hold at the moment.

Discover Whether Alibaba Group Holding Ltd Can Keep Producing Results With Our Free BABA Investment Analysis.

Blount International Inc(NYSE:BLT) suffered a decline of 19.54% as the stock lost $3.23 to move to a closing price of $13.30 on massive trading of 2.547 million shares, compared to its 30-day average trading volume of 0.401 million shares. Despite the loss, the stock is currently situated 22.69% well above its 52 week low of $10.84. Over the past one week and over the past four weeks, the stock has lost 19.88% and 17.85% respectively. Not only that, but the stock has also underperformed the S&P 500 index by 16.14% over the last six months. Yesterday’s loss pushed the RSI down to 20.06, which indicates that the stock is oversold at the current levels, making it a hold.

Why Blount International Inc’s Value Continue To Fluctuate? Strike While The Iron Is Hot And Get The Complete Picture With Our Free BLT Analysis.

Marathon Oil Corporation(NYSE:MRO) had a slow trading yesterday with the stock losing 0.12% or $0.03 at $25.79 with only 7.32 million shares changing hands, compared to its 30-day average trading volume of 7.37 million. The US-based liquid hydrocarbons and natural gas production company has been declining most of the year and has been underperforming the S&P 500 since October. The stock has now down 22.92% for the last 52 weeks compared to the S&P 500 which is up 9.21%. With RSI of 32.65 and target price of $31.60, Marathon Oil Corporation still has plenty of upside making it a hold. Once oil starts to recover, it will be the time to buy back in

Can Marathon Oil Corporation Rise Back To Or Beyond Its Previous Heights? Find Out More In Our Free MRO Analysis.

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