Are Cumulus Media Inc(CMLS), Corinthian Colleges Inc(COCO) and SandRidge Energy Inc.(SD) Good Investment Options For Day Traders?
New York, NY – GDP INSIDER – 12/09/2014.
This article discusses three stocks: Cumulus Media Inc(NASDAQ:CMLS), Corinthian Colleges Inc(NASDAQ:COCO) and SandRidge Energy Inc.(NYSE:SD)
Cumulus Media Inc(NASDAQ:CMLS) lost 3.16% in value as the stock fell twelve cents during yesterday’s trading to close the day at $3.68. The stock, which once traded as high as $8.19 on Jan 7, 2014, is currently situated 28% above its 52-week low of $2.88. The Atlanta, Gerogia based radio broadcasting company has more than 10,000 broadcast radio affiliates and currently owns 460 operated radio stations in the United States. The company has a beta of 2.56, 156% more volatile than market and 52-week change of -46.43%. The stock has a YTD divergence of -0.0011.
Corinthian Colleges Inc(NASDAQ:COCO) saw a substantial decline of 10.90% in its value to close the day yesterday at $0.0891. The company, which has been on the bearish trend for quite some time, has lost 94.99% in its value in its YTD performance and 44.31% over the last 30 days. The US based post-secondary education company traded 1.65 million shares yesterday and currently situated 27.29% above its 52-week low of seven cents. It has a beta of 2.98 and weekly volatility of 14.67%.
SandRidge Energy Inc.(NYSE:SD), Oklahoma based independent oil and gas company, has a divergence of -0.1481 and MACD of -0.4404. The stock, which was upgraded by the analysts at Stifel in September from Hold to Buy with a price target of $6.75 and has an RSI value of 22.25, is currently getting oversold. The company has a market cap of $1.02 billion and enterprise value of $3.45 billion. It has a beta of 2.69 and monthly volatility of 8.88%. The stock saw a decline of 13.22% in its value as it fell $0.32 to close the day at $2.10, a new 52-week low.
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