Is It Best To Sell Or Hold? BioDelivery Sciences International Inc (BDSI), Ultra Petroleum Corp. (UPL) and Angie’s List Inc (ANGI)
New York, NY – GDP INSIDER – 04/16/2014.
This article discusses three companies: BioDelivery Sciences International Inc (NASDAQ:BDSI), Ultra Petroleum Corp. (NYSE:UPL) and Angie’s List Inc (NASDAQ:ANGI)
BioDelivery Sciences International Inc (NASDAQ:BDSI) continued to decline yesterday with the stock dropping 0.43% or $0.04 to finish the day at $9.35 with more than 1.26 million shares changing hands, compared to its three month average trading volume of 1.00 million. The proprietary drug delivery system developer has been trading between the range of $8.88 and $15.22 for the last three months with no sign that it is going to break out, even so, the stock is still up 26.33% for the past one year. With quarterly revenue falling 37.50% year on year, the stock is better to sell than hold.
Ultra Petroleum Corp. (NYSE:UPL) continued its slow climb yesterday with the stock gaining another 1.83% or $0.30 to close at $16.72 on active trading volume of 4.07 million shares, compared to its three month average trading volume of 1.86 million. The US based independent oil and gas company has been declining the past six months like most companies in the sector, due to the unstable price of oil and other energy commodities. Despite the difficult trading environment, the stock has now gained 10.14% this month so far and may go higher making it a hold.
Angie’s List Inc (NASDAQ:ANGI) climbed slightly yesterday with the stock closing up 5.87% or $0.33 to finish the day at $5.95, on active trading of 4.07 million shares, compared to its 30 day average trading volume of 0.912 million. The self managed real estate investment fund has been trading within a range of $5.95 and $6.48 recently and has been underperforming the S&P 500 for most of this year. However, the stock has recently been on the rise and Angie’s List Inc is now down only 4.49% YTD compared to the S&P 500 which has gained only 2.23% over the same period, making it a hold at this time.
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