Are These Stocks Ready To Bounce? Intelsat SA (I), Curis, Inc.(CRIS) and SanDisk Corporation(SNDK)
New York, NY – GDP INSIDER – 04/20/2014.
This article discusses three companies: Intelsat SA (NYSE:I), Curis, Inc.(NASDAQ:CRIS) and SanDisk Corporation(NASDAQ:SNDK)
Intelsat SA (NYSE:I) saw a decline of 2.95% as the stock lost $0.36 to move to a closing price of $11.85. The new mark places the stock 40.09% further away from its 52 week high of $20.08 and 8.02% above its 52 week low of $10.97. The $1.26 billion market cap company, which fluctuated between $11.74 and $12.14 during intraday trading, had a trading volume of 0.133 million, which is lower than its three month average trading volume of 0.306 million. With a one year target price estimate of $13.74 and P/E of 6.08, it is better to hold than buy at this time.
Curis, Inc.(NASDAQ:CRIS) gained two cents to finish Friday’s trading at a closing price of $2.79, a 0.72% increase in value from its previous closing price on higher than average trading volume of 1.008 million, compared to its 30 day average trading volume of 0.945 million. The RSI and MFI are 53.54 and 54.87, respectively. Both of these indicate that the stock is not overvalued at the current levels and the money is flowing in the right direction, making it a hold. That said, the shares of Curis, Inc could move higher, and these technical are not yet indicating that a correction is on the horizon.
SanDisk Corporation(NASDAQ:SNDK) shares closed down 1.33% at $67.01 on high trading volume of 6.769 million, which is well below its three month average trading volume of 5.38 million. The new mark places the $14.27 billion market cap company 37.75% below its 52 week high of $107.65. Over the past one week and over the past four weeks, the shares of SanDisk Corporation have lost 5.19% and 19.17%, respectively. With a 1 year price target estimate of $70.61 and EPS (ttm) of $3.26, the stock still has good upside potential, hold.
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