Are First Niagara Financial Group Inc.(FNFG), Cache Inc(CACH) and Halcon Resources Corp(HK) Poised To Succeed?
New York, NY – GDP INSIDER – 01/26/2015.
This article discusses three companies: First Niagara Financial Group Inc.(NASDAQ:FNFG), Cache Inc(NASDAQ:CACH) and Halcon Resources Corp(NYSE:HK)
First Niagara Financial Group Inc.(NASDAQ:FNFG) has a beta of 1.31, meaning it is 31% more volatile than the market, and a 52-week change of -8.85%. The stock closed its Friday’s trading session at a 50-day moving average of 8.08 and 200-day moving average of 8.28. The $2.85 billion market cap company, which had a trading volume of 6.36 million and 355.34 million shares outstanding, traded within a range of $7.76 to $8.07 after opening the day at $8.05 on Friday and closed its trading session at $8.03, an increase of 1.90% in value. However, First Niagara Financial Group Inc has an earnings per share of $-2.22, which could easily scare off investors.
Cache Inc(NASDAQ:CACH) saw a massive decline of 46.41% in value as the stock plummeted $0.0454 after it hit a new 52-week low of $0.04 during Friday’s trading session and closed its day at $0.052, following the rumors of hiring of restructuring lawyers to help U.S. based women’s dress and formal wear retailer prepare a bankruptcy filing. The new mark places the stock 99.05% further away from its 52-week high of $5.49. Cache Inc had a trading volume of 6.28 million Friday, a figure which is substantially higher than its 3-month average trading volume of 800.93K.
Halcon Resources Corp(NYSE:HK) had a trading volume of 6.25 million, which is 0.04 million lower than its 3-month average trading volume of 6.29 million. The stock has an insider ownership of 0.50%, 6-month change in insider ownership of 10.46%, institutional ownership of 43.30% and 3-month change in institutional ownership of 0.03%. Halcon Resources Corp currently stands at a distance of -7.09% from its 20-day SMA, -29.29% from its 50-daday SMA and -67.03% from its 200-day SMA. Not only that, but the company also has an earnings per share (ttm) of -1.03, which could scare off potential investors.
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