Fundamentals Are Telling A Different Story? CONN’S, Inc. (CONN), Lifelock Inc (LOCK) and UDR, Inc. (UDR)
New York, NY – GDP INSIDER – 05/01/2014.
This article discusses three companies: CONN’S, Inc. (NASDAQ:CONN), Lifelock Inc (NYSE:LOCK) and UDR, Inc. (NYSE:UDR)
CONN’S, Inc. (NASDAQ:CONN) continue to decline yesterday with the stock falling 2$ or $0.57 to finish the day at a closing price of $27.97 on lower than average trading volume of 0.584 million, compared to its three month average trading volume of 1.06 million. CONN’S, Inc has been falling steadily for most of the last 52 weeks with the stock down 36.76%, but has been starting to gain back some of these losses since the beginning of the year with the stock up 49.65% year to date, making it a hold with a view to buy.
Lifelock Inc (NYSE:LOCK) saw a minuscule decline of three cents or 0.20% during yesterday’s trading to close the day at $14.61 on higher than average trading volume of 3.137 million, compared to its three month average trading volume of 1.46 million. Over the past one week and over the past three months, the shares of Lifelock Inc have lost 1.35% and 2.27%, respectively. Despite the loss, the stock is still trading 39.41% above its 52 week low of $10.48. With RSI of 53.10 and a one year target price estimate of $21.29, the stock has plenty of upside potential, making it a hold.
UDR, Inc. (NYSE:UDR) continued to decline yesterday as the stock lost $0.66 or 1.97% to finish the day at a closing price of $32.77 with more than 3.403 million shares changing hands compared with its three month average trading volume of 1.78 million. The US-based self-administered real estate investment trust, which manages multifamily apartment communities, started to decline after analysts at Stifel reiterated their ‘buy’ rating on the stock and boosted their price target from $36 to $38per share. With its positive MACD divergence and RSI of 45.51, the stock does look like it is going to climb much higher in the near term, better to hold for now.
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