Hidden Gems Or Fool’s Gold? Cliffs Natural Resources Inc(CLF), Synthetic Biologics Inc(SYN) and Newpark Resources Inc(NR)
New York, NY – GDP INSIDER – 02/17/2015.
This article discusses three companies: Cliffs Natural Resources Inc(NYSE:CLF), Synthetic Biologics Inc(NYSEMKT:SYN) and Newpark Resources Inc(NYSE:NR)
Cliffs Natural Resources Inc(NYSE:CLF) jumped 5.26% as the stock gained $0.35 to move to a new closing price of $7. Despite the gain, the $1.07 billion market cap company, which traded within a range of $6.74 to $7.05 during the day, had a low trading volume of 7.52 million, which is lower than its 30-day average trading volume of 10.77 million. The US-based iron ore pellets supplier to steel industry has lost 10.14% and 34.64% over the past one month and over the past three months, respectively. The fundamentals for Cliffs Natural Resources Inc are also poor with a trailing twelve months EPS of $-38.87 and quarterly revenue growth declining 16.14% on a YOY basis.
Synthetic Biologics Inc(NYSEMKT:SYN) rose $0.18 to finish Friday’s trading at a closing price of $2.13, a 9.23% increase in value from its previous closing price of $1.95. The new mark places the stock 83.62% above its 52 week low of $1.16. The shares of US-based biotechnology company are currently trading 34.50% above its 50-day moving average of $1.64 and 30.12% above its 200-day moving average of $1.71. Synthetic Biologics Inc’s trailing twelve months EPS is -0.31 but the company has good cash reserves with a quick ratio of 4.70. The achievable 1 year price target estimate is $6.25 making this stock a good investment to hold.
Newpark Resources Inc(NYSE:NR) jumped $1.07 to close at $9.85 on Friday on high trading volumes of 3.84 million shares compared to its 30-day average trading volume of 0.85 million. The Texas-based oil and gas supplier finished its last trading session 10.82% above its 20-day moving average and 8.75% above its 50-day moving average. Newpark Resources Inc does have significant cash reserves and a current ratio of 3.60 giving the company time to get free of its current woes. With positive EPS of 0.84 and P/E of 11.73, the company has the potential to break through its resistance level and achieve its 1 year target estimate of $11.61. This is a good company to hold for the medium term.
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.