Are These Stocks Offering A Steady Return? Orbitz Worldwide Inc. (OWW), Arena Pharmaceuticals Inc. (ARNA) and Seadrill Ltd (SDRL)
New York, NY – GDP INSIDER – 04/15/2014.
This article discusses three companies: Orbitz Worldwide, Inc. (NYSE:OWW), Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) and Seadrill Ltd (NYSE:SDRL)
Orbitz Worldwide, Inc. (NYSE:OWW) had a low trading with 1.399 million shares changing hands compared to its three month average trading volume of 5.52 million. The stock traded between $11.66 and $11.70 before closing the day at its opening price of $11.69 with no change on the day. The global online travel company had a good year with the stock up 57.41% for the last 52 weeks, vastly outperforming the S&P500 which has gained 13.72% for the same period. The RSI of 60 indicates the stock is not overbought at the current levels. The MFI reading of 36.47 indicates the money is flowing into the stock, making it a hold for now.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) lost seven cents to move to a new closing price of $4.49, a 1.54% decrease in value from its previous closing price. The stock had a low trading volume of 2.467 million, a figure which is substantially lower than its three month average trading volume of 5.25 million. Arena Pharmaceuticals has been falling steadily for most of the last 52 weeks with the stock down 26.03%, but has been starting to gain back some of these losses since the beginning of the year with the stock up 29.39% year to date The RSI of 48.71 indicates the stock is not overvalued, the MFI of 50.61 show that money is flowing in the right direction and still has room to improve.
Seadrill Ltd (NYSE:SDRL) climbed 7.59% yesterday as the stock gained eighty two cents to reach to a closing price of $11.62 on higher than average trading volume of 16.338 million, compared to its three month average trading volume of 12.90 million. The mark places the stock 35.43% above its 52 week low of $8.58. To contrast, the Bermuda-based offshore drilling services provider is now situated 70% below its 52 week high of $39.36. Seadrill Ltd has a beta of 1.85 which indicates that the stock is 85% more volatile than the market. With EPS (ttm) of $8.06 and one year target price of $13.60, it is better to hold for now.
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