Are The Clouds Going To Clear? Brixmor Property Group Inc (BRX), GrubHub Inc (GRUB) and C&J Energy Services Ltd (CJES)
New York, NY – GDP INSIDER – 04/10/2015.
This article discusses three companies: Brixmor Property Group Inc (NYSE:BRX), GrubHub Inc (NYSE:GRUB) and C&J Energy Services Ltd (NYSE:CJES)
Brixmor Property Group Inc (NYSE:BRX) continued to decline yesterday with the stock closing down 2.97% to finish the day at new closing price of $25.15 on low trading volume of 1.60 million, compared to its 30 day average trading volume of 1.86 million. With RSI now at 39.37 the stock looks slightly undervalued, especially with the one year target estimate still holding at $28.14. Whether or not Brixmor Property Group Inc can meet its target estimate, the stock still looks attractive as a medium term opportunity for investors looking for undervalued stocks.
GrubHub Inc (NYSE:GRUB), which oscillated between $42.66 and $45.12 during yesterday’s trading, declined 2.94% as the stock lost $1.33 to move to a new closing price of $43.91 after analysts at Wunderlich initiated their coverage on the stock with a ‘hold’ rating and set their price target at $44.00 per share. As a result, online and mobile platform for restaurant pick-up and delivery orders saw its trading volume spike to a figure of 3.39 million, a figure which is 1.76 million higher than its 30 day average trading volume of 1.53 million. The RSI of 49.17 indicates the stock is not undervalued at current levels, hold.
C&J Energy Services Ltd (NYSE:CJES) gained $0.67 to finish the day at a closing price of $13.40, a 5.26% increase in value from its previous closing price on lower than average trading volume of 1.33 million, compared to its 30 day average trading volume of 1.92 million. C&J Energy Services Ltd has been falling steadily for most of the last six months with the stock down -42.39%, but has been starting to gain back some of these losses since the beginning of the year with the stock up 1.44%. With strong quarterly revenue growth year on year of 82.20% and one year price target estimate of $16.62, it’s a solid hold with a view to buy.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.