How Are Approach Resources Inc. (AREX), Ambarella Inc (AMBA), and Medbox Inc (MDBX) Faring?
New York, NY – GDP INSIDER – 12/12/2014.
This article discusses three companies: Approach Resources Inc.(NASDAQ:AREX), Ambarella Inc(NASDAQ:AMBA), and Medbox Inc(OTCMKTS:MDBX)
Approach Resources Inc.(NASDAQ:AREX) was downgraded from Accumulate to Sell by Global Hunter Securities on Dec. 2nd, 2014, which could scare off potential investors of the stock. The stock traded for a new 52 week low of $5.56 yesterday, which could indicate that the stock is on the decline. However, investors may be interested in purchasing the stock at this low price given the fact that Approach Resources Inc. does have a one-year target estimate of $14.95. The company has an earnings per share (TTM) of $2.38.
Ambarella Inc(NASDAQ:AMBA) announced its third quarter fiscal 2015 financial results on Dec. 4th, 2014. The figures included a revenue of $65.7 million, a $19.7 million increase from the figure recorded during the same period of the previous fiscal year. The company had a trading volume of 3.46 million yesterday, which is 1.32 million greater than its three month average volume of 2.14 million. These figures indicate that investor interest in Ambarella Inc. is on the rise. The company has an earnings per share (TTM) of $1.21 and a price to earnings ratio (TTM) of $39.77.
Medbox Inc(OTCMKTS:MDBX) recently had its CEO Guy Marsala and CFO Doug Mitchell presented at the LD Micro Conference on Dec. 3rd, 2014 in Los Angeles, CA. The stock traded for a new 52 week low of $6.10 yesterday. To contrast, Medbox Inc. has traded for as much as $93.50 during the past year, an $87.40 difference in value. These figures appear to indicate that the company is tanking quickly. Medbox Inc. also has an earnings per share (TTM) of $–0.21, which could scare off investors.
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