Is There Hidden Value In These Stocks? Sarepta Therapeutics Inc (SRPT), Roundy’s Inc (RNDY) and Ruby Tuesday Inc (RT)
New York, NY – GDP INSIDER – 04/16/2014.
This article discusses three companies: Sarepta Therapeutics Inc (NASDAQ:SRPT), Roundy’s Inc (NYSE:RNDY) and Ruby Tuesday Inc (NYSE:RT)
Sarepta Therapeutics Inc (NASDAQ:SRPT) continued its recent upward trend with the stock gaining 1.81% or $0.24 to close the day at a closing price of $13.81 on low trading volume of 0.657 million, compared to its 30 day average trading volume of 0.748 million. The US-based biopharmaceutical company has been doing well for the last three months with the stock up 16.34%, compared to the S&P500 which is up 5.72% for the same period. The RSI of 51.39 indicates the stock is not overvalued at the current levels, the MFI of 54.69 shows the money is flowing in the right direction, making it a hold for now.
Roundy’s Inc (NYSE:RNDY) continued its recent upward trend yesterday as the stock rose 1.65% or $0.09 to close at $5.54 on light trading of 0.379 million shares compared to its 30 day average trading volume of 0.567 million. The supermarket chain services company has been very volatile over the last three months but has still gained 30.05% in the process as investors look to companies with strong fundamentals and growth potential while commodities are weak. With strong quarterly revenue growth of 26.10% and RSI of 62.21, the stock is a hold for now.
Ruby Tuesday Inc (NYSE:RT) started to fall yesterday with the stock declining 2.15% or $0.16 to close down at $7.27 on lower than average trading volume of 0.507million shares, compared to its 30 day average trading volume of 0.564 million. The owner and operator of Ruby Tuesday casual dining restaurant chain has been trading between $5.43 and $8.57 over the past 52 weeks. With a one year target estimate of $7.88 and a bullish MACD crossover, there is still plenty of upside potential in the stock making it a good hold and potential medium to long term buy.
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