Are These Stocks Getting Started? Century Aluminum Co (CENX), Omega Healthcare Investors Inc (OHI) and Cooper Tire & Rubber Co (CTB)
New York, NY – GDP INSIDER – 04/30/2014.
This article discusses three companies: Century Aluminum Co (NASDAQ:CENX), Omega Healthcare Investors Inc (NYSE:OHI) and Cooper Tire & Rubber Co (NYSE:CTB)
Century Aluminum Co (NASDAQ:CENX) continued to decline yesterday with the stock losing another 1.06% or $0.14 to finish the day at a closing price of $13.10 on light trading volume of 1.933 million, compared to its three month average trading volume of 2.15 million. The US-based aluminum producer has been steadily declining over the past six months with the stock closing down 51.30%, compared to the S&P 500 index which is up 6.38% over the same period. However, with forward P/E of 7.95, quarterly earnings growth year on year of 672.70% and one year price target estimate of $18, the stock has plenty of upside potential making it a solid hold with a view to buy.
Are Century Aluminum Co’s Technical Indicators Showing Further Gains? Take A Closer Look With Free CENX Analysis.
Omega Healthcare Investors Inc (NYSE:OHI) saw a decline of 2.91% as the stock lost $1.10 to finish the day at a closing price of $36.65 on higher than average trading volume of 3.297 million, compared to its three month average trading volume of 2.01 million. The US-based self administered real estate investment trust, which invests in healthcare and long-term care facilities, is holding 6.64% below its 50 day moving average of $39.19 and 2.89% above its 200 day moving average of $37.75. With RSI of 31 and MACD diverging in bearish direction, it is better to hold with a view to buy.
Cooper Tire & Rubber Co (NYSE:CTB) continues its recent upward trend yesterday with the stock gaining 1.36% or $0.58 to move to a closing price of $43.17 with more than 0.986 million shares changing hands compared with its three month average trading volume of 0.887 million. Despite a one year gain of 71.75%, the manufacturer and marketer of replacement tires is holding below its one year high of $43.67. Cooper Tire & Rubber Co has been doing well so far this year with the stock up 24.93% YTD, compared to the S&P 500 which has gained only 2.33% over the same period, making it a solid hold for now with a view to buy.
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