Are W&T Offshore, Inc.( WTI), Coeur Mining Inc(CDE) and MySkin Inc(CNAB) Poised To Succeed?
New York, NY – GDP INSIDER – 01/20/2015.
This article discusses three companies: W&T Offshore, Inc.(NYSE:WTI), Coeur Mining Inc(NYSE:CDE) and MySkin Inc(OTCBB:CNAB)
W&T Offshore, Inc.(NYSE:WTI) had a high trading volume of 3.74 million, a figure which is 1.45 million greater than its 30-day average trading volume of 2.29 million. The $444.10 million market cap company, which traded within a range of $5.71 to $6.16 during intraday trading, currently situated 9.93% above its 52-week low of $5.34 and 69.57% above its 52-week high of $19.29. Recently, analysts at Barclays reiterated their equal weight rating on the stock and lowered their price target to $5 from $12 on the shares of W&T Offshore, Inc. The US based independent oil and gas company closed its yesterday’s trading session at a weekly performance of -3.93%.
Coeur Mining Inc(NYSE:CDE) jumped 7.41% as the stock gained forty-one cents to close its trading session on Monday at a new closing price of $5.94. The stock has an insider ownership of 0.40%, 6-month change in insider ownership of 3.70%, institutional ownership of 74% and 3-month change in institutional ownership of 10.99%. Recently, analysts at Deutsche Bank reiterated their ‘sell’ rating on the stock and boosted their price target to $4 from $3. Coeur Mining Inc had a bid and offer price of 5.75×200 and 7.35×100 on January 19th, 2015.
MySkin Inc(OTCBB:CNAB) plummeted 19.66% on Monday as the stock lost $0.35 to close its trading session at a new closing price of $1.43. The company traded 162,176 shares yesterday, which is greater than its 30-day average trading volume of 69,950 shares. The stock has an operating margin (ttm) of -817.63%, return on assets (ttm) of -46.50% and return on equity (ttm) of -423.30%. These figures indicate that MySkin Inc is on the decline. Not only that, but the company also has a poor earnings per share (ttm) of $-0.03, which could scare off investors. On January 6, the MySkin Inc signed a licensing agreement with FoxBarry Farms LLC to distribute CNAB’s medical marihuana products in California.
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.