Is There Potential In Global Logistics Properties Ltd (GBTZY), Ericsson LM TEL CL B (ERIXF) and Federal National Mortgage Assctn Fnni Me (FNMA)?
New York, NY – GDP INSIDER – 03/20/2015.
This article discusses three companies: Global Logistics Properties Ltd (OTCMKTS:GBTZY), Ericsson LM TEL CL B (OTCMKTS:ERIXF) and Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA)
Global Logistics Properties Ltd (OTCMKTS:GBTZY) remained static yesterday at $18.31 despite having 0.331 million shares changing hands compared to its three month average trading volume of just 70 shares. The investment holding company engaged in providing distribution facilities and services has been falling of late, with the stock trading near its 52 week low of $17.94. With slow quarterly revenue growth of 0.70% and negative quarterly earnings growth of -36.20% year on year, Global Logistics Properties Ltd is not showing signs of increasing in the near future, unless it can post some positive forecasts, making it a sell.
Ericsson LM TEL CL B (OTCMKTS:ERIXF) the communications and technology services provider closed up 1.31% or $0.17 yesterday at $13.02 on very heavy trading of 0.450 million shares, compared to its three month average trading volume of 0.026 million. The stock has been fairly volatile over the last three months, trading between $11.76 and $13.02 with the overall trend going upwards. However, with quarterly revenue growth of 1.40% and declining quarterly earnings growth of -34.10%, Ericsson LM TEL CL B is not offering a solid investment picture at this time. Better to sell than risk investing at this time.
Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) fell 5.88% or $0.15 yesterday to close at $2.40 on active trading of 10.596 million shares, compared to its three month average trading volume of 7.399 million. The government sponsored housing and mortgage stability company has been trending downwards for the last month and even the news that Roostify, an automated mortgage transition technology company had completed its integration with Federal National Mortgage Assctn Fnni Me, did not stir the stock from its continuing decline. Unless the property market picks up it is better to steer clear of this stock.
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