Good Buy-Low Options: Canadian Solar Inc.(CSIQ), Box Inc(BOX), and RadioShack Corporation(RSHC)
New York, NY – GDP INSIDER – 02/05/2015.
This article discusses three companies: Canadian Solar Inc.(NASDAQ:CSIQ), Box Inc(NYSE:BOX), and RadioShack Corporation(OTCMKTS:RSHC)
Canadian Solar Inc.(NASDAQ:CSIQ), which popped over 25% during Tuesday’s session following the acquisition of Sharp’s Recurrent Energy for $256 million, suffered a ninety-seven cents loss during yesterday’s trading to fall to a new closing price of $25.72. The 3.63% decline in value places the stock $7.07 above its 52 week low of $18.68. Canada-based solar power products developer has a market capitalization of $1.45 billion and a trading volume of 5.91 million. Canadian Solar Inc announced yesterday that it will hold a conference call on March 5th, 2015 to discuss company’s business outlook and 4Q results.
Box Inc(NYSE:BOX), which launched their IPO on January 23rd , has a bid price of $17.08×1000 and an offering price of $24.90×100. The stock saw a decline of 6.35% in value during yesterday’s trading to close the day at $17.10. However, the ticker managed to gain nine cents during afterhours trading. The California-based cloud platform provider to manage company’s files, which has a market cap of $2.11 billion and an earnings per share of $-1.48, hit a new one year low of $17 yesterday. Not only that, but the company has also underperformed S&P 500 index by 26.39% in the past ten days. On Monday, Box Inc reported an institutional ownership of 1.25 million shares by Philippe Laffont of Coatue Management.
RadioShack Corporation(OTCMKTS:RSHC) was delisted by the New York Stock Exchange or NYSE on Monday as it was not able to comply with the exchange’s regulations. The consumer electronic goods retailer jumped 1.38% to close yesterday’s trading at a new closing price of $0.111. RadioShack Corporation had a high trading volume of 12.73 million, a figure which is substantially higher than its daily average trading volume of 3.59 million. The spike in volume was witnessed after the news that the Texas-based company has entered into talks to sell several of its store locations to Amazon.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts 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. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.