Could CANADIAN ENERGY(OTCMKTS:CESDF), Cincinnati Bell Inc.(NYSE:CBB), and BlueLinx Holdings Inc.(NYSE:BXC)Be Savvy Investment Options?
New York, NY – GDP INSIDER – 12/03/2014.
This article discusses three companies: CANADIAN ENERGY(OTCMKTS:CESDF), Cincinnati Bell Inc.(NYSE:CBB), and BlueLinx Holdings Inc.(NYSE:BXC)
CANADIAN ENERGY(OTCMKTS:CESDF) traded for as little as $5.70 yesterday, a new 52 week low for the company. The stock traded within a range of $5.70 to $6.00 during the day after opening at a price of $5.90, suffering a 3.09% loss in value from its Dec. 1st closing price of $5.98. Canadian Energy has a price to earnings ratio (TTM) of $23.01 and an earnings per share (TTM) of $0.25.
Cincinnati Bell Inc.(NYSE:CBB)had a bid price of $3.00 x 200 and an offer price of $4.00 x 300 on Dec. 2nd, 2014. These figures suggest that the stock’s value may soon fluctuate. Cincinnati Bell has a beta of 1.62, which means that the stock is 62% more volatile than the market. The Ohio-based telecommunications company has a one-year target estimate of $3.94, a figure which is $0.49 higher than its closing price of $3.45 and $0.19 lower than its 52 week high of $4.13.
BlueLinx Holdings Inc.(NYSE:BXC)has a one-year target estimate of $1.00, yet finished yesterday’s trading at a closing price of $1.13 after a one cent loss. The company’s target estimate is even more concerning for shareholders who take into account the fact that the stock has traded within a range of $1.07 to $1.98 over the past 52 weeks. These figures, along with the company’s earnings per share (TTM) of $–0.11, suggest that BlueLinx Holdings may hit rock bottom.
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