Is Now The Time To Dump Your Emerald Oil Inc (EOX), Basic Energy Services, Inc (BAS), and WM MORRISON SUPERMAR (MRWSY) Shares?
New York, NY – GDP INSIDER – 12/11/2014.
This article discusses three companies: Emerald Oil Inc(NYSEMKT:EOX), Basic Energy Services, Inc(NYSE:BAS), and WM MORRISON SUPERMAR(OTCMKTS:MRWSY)
Emerald Oil Inc(NYSEMKT:EOX) traded for as little as $1.25 yesterday, a new 52 week low for the company that once traded for as much as $8.63 during the past year. The stock finished the day at a closing price of $1.32 after a 13.16% loss of twenty cents. Emerald Oil has a beta of 1.67, which indicates that the stock is 67% less volatile than the market. The company has an earnings per share (TTM) of $–0.01 and a market capitalization of $87.95 million.
Basic Energy Services, Inc(NYSE:BAS) reported selected operating data for the month of November 2014 on Dec. 9th, 2014. The company’s well servicing rig hours produced at a rate of 67% during the month, compared to 73% in Oct. 2014 and 61% in Nov. 2013. Basic Energy Services has a beta of 1.5, which means that the stock is 50% more volatile than the market. The company traded for a new 52 week low of $5.42 yesterday.
WM MORRISON SUPERMAR(OTCMKTS:MRWSY) may have a 52 week high of $22.24 and a one year target estimate of $18.75, but the stock finished yesterday’s trading at a closing price of $13.75 yesterday. Simply put, Wm. Morrison Supermarkets PLC is on the decline. The company, which has an earnings per share (TTM) of $–1.08 and a market capitalization of $6.42 billion, had a trading volume of 0.24 million yesterday. This figure is 0.16 million greater than its three month average.
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