Are These Stocks Too Risky To Buy: Alpha Natural Resources, Inc.(ANR), Molycorp Inc(MCP) and Imperial Tobacco Group PLC (ITYBY)?
New York, NY – GDP INSIDER – 01/26/2015.
This article discusses three companies: Alpha Natural Resources, Inc.(NYSE:ANR), Molycorp Inc(NYSE:MCP) and Imperial Tobacco Group PLC (ADR)(OTCMKTS:ITYBY)
Alpha Natural Resources, Inc.(NYSE:ANR) had a trading volume of 10.04 million, which is greater than its 3-month average trading volume of 9.23 million, and 221.57 million shares outstanding. The stock currently stands at a weekly performance of -14.29%, monthly performance of -36.25%, quarterly performance of -50.72% and an year-to-date performance of -38.92%. Alpha Natural Resources dropped 12.07% to $0.14 per share during Friday’s trading and closed its session at $1.02. The company will release its 4Q14 earnings on 10th February, 2105.
Molycorp Inc(NYSE:MCP) plummeted 26.41% to $0.101 during Friday’s trading after it hit a new 52-week low of $0.28 to close its trading session at a new closing price of $0.280. Not only that, but the company also has an earnings per share of $-2.22, which indicates that the investor interest in the stock is falling. Molycorp Inc, a leading rare earth supplier, had a trading volume of 9.08 million, a figure which is 4.49 million greater than its 30-day average trading volume of 4.59 million. The stock has a beta of 3.21, meaning it is 221% more volatile than the market.
Imperial Tobacco Group PLC (ADR)(OTCMKTS:ITYBY) traded within a range of $91.86 to $92.96 after opening the day at $91.86 and closed its Friday’s session at a new closing price of $92.20, an 0.94% increase in its value. The $44.18 billion market cap company had a trading volume of 0.147 million and 957.09 million shares outstanding. Analysts at BNP Paribas hold an outperform rating on the shares of Imperial Tobacco Group PLC while analysts at RBC Capital posses an underperform rating on the stock.
HotStockGains.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.
Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.
Disclosure: HotStockGains 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. Always seek help from a professional financial advisor (I am not one). Please visit http://hotstockgains.com/disclaimer/ for complete risks and disclosures.