Is Now The Time To Invest In Brightec, Inc. (BRTE), Key Energy Services, Inc. (KEG), and Molycorp Inc (MCP)?
New York, NY – GDP INSIDER – 12/15/2014.
This article provides an investment analysis of Brightec, Inc.(OTCMKTS:BRTE), Key Energy Services, Inc.(NYSE:KEG), and Molycorp Inc(NYSE:MCP)
Brightec, Inc.(OTCMKTS:BRTE) finished Friday’s trading at a closing price of $0.0120 after a 14.29% loss of $0.0020. Not only did the stock see its value drop during the day, but it also remains considerably below the two cent range within which it traded during the day. The company had a trading volume of 4.6 million Friday, which is 4.5 million greater than its three month average volume of 0.1 million. These figures indicate that investor interest in Brightec is spiking.
Key Energy Services, Inc.(NYSE:KEG) recently presented at the Capital One Securities, Inc. 9th Annual Energy Conference in New Orleans, LA on Dec. 11th, 2014. The company also amended its capital agreement on Dec. 8th, 2014. The stock traded for as little as $1.10 Friday, a new 52 week low for the company. Key Energy Services finished Friday’s trading at a closing price of $1.12 after an 11.81% loss of fifteen cents. Simply put, the company’s value is on the decline.
Molycorp Inc(NYSE:MCP) also traded for a new 52 week low of $0.69 Friday. That figure could scare investors away from the Colorado-based company. However, it could also represent a greater buy-low price. Molycorp Inc., however, does have an earnings per share (TTM) of $–2.16. That being said, day traders may want to take note of the company’s beta of 2.62, a figure which represents the company’s volatility with relation to the market. Not only is Molycorp 162% more volatile than the market, but it also had a high trading volume Friday.
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