Are Hecla Mining Company(NYSE:HL), RadioShack Corporation(NYSE:RSH) and Voltari Corp(NASDAQ:VLTC) Poised To Break Out?
New York, NY – GDP INSIDER – 01/16/2015.
This article discusses three companies: Hecla Mining Company(NYSE:HL), RadioShack Corporation(NYSE:RSH) and Voltari Corp(NASDAQ:VLTC)
Hecla Mining Company(NYSE:HL) gained 3.17% during yesterday’s trading as the stock rose $0.09 per share to close at $2.93. The $1.03 billion market cap company, which traded within a range of $1.92 to $3.02 during intraday trading, had a trading volume of 1.24 million and 367.39 million shares outstanding. On January 15, analysts at BB&T Corp downgraded their rating on the stock from buy to hold. Separately on January 12, analysts at Deutsche Bank reiterated their hold rating on the stock and raise their price target from $2.80 to $2.90 on the shares of Hecla Mining Company.
RadioShack Corporation(NYSE:RSH) plummeted drastically 35.63% as the stock hit a new 52-week low of $0.25 during intraday trading to close the day at a new closing price of $0.264. US based retailer is, most likely, expected to file for bankruptcy in early February. On January 12, The Wall Street Journal reported an offering of $500 million to RadioShack Corporation in bankruptcy financing from one of its creditors, Salus Capital Partners. The company has a market cap of $38.71 million and a beta of 1.67, meaning it is 67% more volatile than the market.
Voltari Corp(NASDAQ:VLTC) traded 12,961 shares yesterday, a figure which is 12,226 lower than its 3-month average trading volume of 25,187. The company has a revenue (ttm) of $12.97 million, revenue per share (ttm) of $2.78 and quarterly revenue growth (yoy) of 60.90%. The mobile marketing and advertising company currently sits at a weekly performance of -4.52%, quarterly performance of -40.57% and a positive year-to-date performance of 28.76%. Voltari Corp, which has a 50-day moving average of 0.85 and 200-day moving average of 1.47, has a target price estimate of $1.79 and analysts’ mean recommendation of 3.00 (1=BUY, 5=SELL).
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