Is It Best To Sell? First Security Group Inc (FSGI), BioDelivery Sciences International Inc (BDSI) and Entegris Inc (ENTG)
New York, NY – GDP INSIDER – 03/27/2015.
This article discusses three companies: First Security Group Inc (NASDAQ:FSGI), BioDelivery Sciences International Inc (NASDAQ:BDSI) and Entegris Inc (NASDAQ:ENTG)
First Security Group Inc (NASDAQ:FSGI) rose 4.41% or $0.10 to close at $2.37 yesterday on very heavy trading of 1.248 million shares compared to its three month average trading volume of 0.040 million. The bank holding company stated climbing after it announced that Atlantic Capital Bancshares Inc, the holding company of Atlantic Capital Bank was going to buy First Security Group Inc for $160 million. Concurrent with the buyout Atlantic Capital will apply to be listed on the NASDAQ. The buyout is expected to close late in the third quarter making the stock a hold at the moment.
BioDelivery Sciences International Inc (NASDAQ:BDSI) started to decline yesterday with the stock dropping 1.72% or $0.24 to close at $13.75 with more than 1.344 million shares changing hands, compared to its three month average trading volume of 0.787 million. The proprietary drug delivery system developer has been trading between the range of $13.54 and $15.50 for the last month with no sign that it is going to break out, even so, the stock is still up 14.39% for the year so far. With quarterly revenue falling 35.90% year on year, the stock is better to sell than hold.
Entegris Inc (NASDAQ:ENTG) continued its recent downward trend yesterday with the stock losing another 0.15% or $0.02 to close at $13.38 on active trading of 1.432 million shares, compared to its three month average trading volume of 0.576 million. The microelectronics parts supplier has been trading between a fairly narrow range of $12.84 and $13.90 since it released its fourth quarter and full year financial result near the beginning of the month, that at $0.17 per share, were lower than market expectations. Without positive news it is better to sell than hold for now.
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