Could Kingfisher plc (ADR)(OTCMKTS:KGFHY), Pendrell Corp(NASDAQ:PCO), and Resolute Energy Corp(NYSE:REN) Be Strong Investment Options?
New York, NY – GDP INSIDER – 12/02/2014.
This article discusses three companies: Kingfisher plc (ADR)(OTCMKTS:KGFHY), Pendrell Corp(NASDAQ:PCO), and Resolute Energy Corp(NYSE:REN)
Kingfisher plc (ADR)(OTCMKTS:KGFHY)is a United Kingdom-based home improvement retailer than sells both home improvement and garden products to its customers in its home country, France, Ireland, Poland, China, Russia, Romania, and Turkey. The stock has traded within a range of $9.02 to $14.85 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $9.98 after a twenty-four cent gain. Despite yesterday’s 2.46% increase in value, Kingfisher PLC remains a stock that is on the decline.
Pendrell Corp(NASDAQ:PCO)announced changes to its leadership team on Nov. 19th, 2014. Lee E. Mikles has taken on the position of interim chief executive officer and Craig McCaw will now serve as the executive chairman of the board. The company, which has an earnings per share (TTM) of $–0.14, has a beta of 2.66. This figure indicates that Pendrell Corp. is 166% more volatile than the market, making it a risky, but potentially rewarding, investment.
Resolute Energy Corp(NYSE:REN) traded for as little as $1.76 yesterday, a new 52 week low for the company. The Colorado-based independent oil and gas company, which has a one-year target estimate of $4.75 and a beta of 2.07, had a trading volume of 3.03 million yesterday. This figure, which is 1.85 million higher than Resolute Energy Corporation’s three month average volume of 1.17 million, indicates that trader interest in the stock is rising rapidly.
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