Are Anglo America plc (ADR)(OTCMKTS:AAUKY), Ceres Inc(NASDAQ:CERE), and Chimera Investment Corporation(NYSE:CIM) Strong Buy-Low Candidates?
New York, NY – GDP INSIDER – 12/03/2014.
This article discusses three companies: Anglo America plc (ADR)(OTCMKTS:AAUKY), Ceres Inc(NASDAQ:CERE), and Chimera Investment Corporation(NYSE:CIM)
Anglo America plc (ADR)(OTCMKTS:AAUKY)has traded within a range of $10.03 to $14.02 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $10.21 after an eleven cent loss. These figures indicate that investor confidence in the stock’s potential is on the decline. That being said, Anglo American PLC does have a one-year target estimate of $18.70, which is $4.68 higher than its 52 week high.
Ceres Inc(NASDAQ:CERE)has a beta of 0.09, meaning that the stock’s value is 91% less volatile than the market. The company has traded within a range of $0.22 to $1.82 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $0.26 after a one cent loss. Simply put, Ceres Inc., which has an earnings per share (TTM) of $–0.81, is on the decline. The company had a trading volume of 0.33 million yesterday, which is 0.14 million higher than its 52 week low.
Chimera Investment Corporation(NYSE:CIM)had a trading volume of 4.30 million yesterday, a figure which is 1.00 million lower than its three month average volume of 5.30 million. The stock traded within a range of $3.37 to $3.40 yesterday after opening at a price of $3.40. Chimera Investment Corporation has a dividend of $0.36, representing a 10.7% yield. However, the stock has a one-year target estimate of $3.07, which projects to a thirty cent loss from its previous closing price of $0.30.
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