Are These Stocks Aiming For New Heights? LinnCo LLC (LNCO), InfraREIT Inc (HIFR) and Northwest Biotherapeutics Inc (NWBO)
New York, NY – GDP INSIDER – 04/17/2014.
This article discusses three companies: LinnCo LLC (NASDAQ:LNCO), InfraREIT Inc (NYSE:HIFR) and Northwest Biotherapeutics Inc (NASDAQ:NWBO)
LinnCo LLC (NASDAQ:LNCO) reversed its recent upward trend yesterday with the stock declining 2.27% or $0.28 to close its trading session at $12.06 on heavy trading of 2.065 million shares, compared to its three month average trading volume of 1.93 million. The US based energy company has been trading within a range of $9.02 and $12.30 since the beginning of the month and has been outperforming the S&P 500 so far this year, up 20.72% compared to the index, which has only gained 16.30% over the same period. The RSI of 65.81 and one year target price of $14.95 indicate the stock is not overvalued at the current levels, making it a hold.
InfraREIT Inc (NYSE:HIFR) declined yesterday with the stock closing down 1.57% or $0.51 to finish the day at a closing price of $31.96. The real estate investment trust focused on rate regulated electric transmission and distribution assets saw the loss on no major news, but is creeping up towards it one year target estimate of $32.75. The stock has a quarterly revenue growth of 51.00% year on year and is currently holding 14.94% above its 50 day moving average of $27.92. With RSI at 71.90 and diverging MACD it may continue to climb, but it is unclear by how much making it a hold for now.
Northwest Biotherapeutics Inc (NASDAQ:NWBO) continued its strong rally yesterday hitting a 52 week high of $9.37 before closing up 6.18% or $0.53 to finish the day at a closing price of $9.10 on higher than average trading volume of 1.43 million, compared to its 30 day average trading volume of 0.671 million. The researcher and developer of innovative immunotherapy cancer products has been doing well this year so far, with the stock up 70.09% YTD. With return on investment (ttm) of 1081.70%, return on equity (ttm) of 426.40% and new treatments in the pipeline, the stock is definitely worth holding for now.
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