Just Energy Group Inc. Ordinary Shares (Canada) (NYSE:JE) up by 12.85%, E Commerce China Dangdang Inc (ADR) (NYSE:DANG)

Posted by Lacee Page May 17, 2013 0 Comment 9237 views


Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) closed up to $6.94 after gaining 12.85% during the day and hitting its day’s high of $7.00 and a low of $6.15. The average shares floated during the last 3 months were 0.518 million, and in the previous session 1.75 million shares exchanged hands. The earnings per share of the company stand at $2.11.  The quarter on quarter growth in the sales is -0.60%.The 200 days moving average of Just Energy Group is trading above the stocks 50 days moving average which gives a bullish sign to the investors.

E Commerce China Dangdang Inc (ADR) (NYSE:DANG) closed up to $5.13 after gaining 3.85% during the day and hitting its day’s high of $5.40 and a low of $5.10. The average shares floated during the last 3 months were 0.998 million, and in the previous session 4.82 million shares exchanged hands. The earnings per share of the company for the year 2011 was -$0.09 and fell by 91.55% in the previous year to stand at -$0.90, it is expected the growth in the earnings per share to be 25.60% in the next year. The company has shown a growth in its sales over the past five years which has grown by 63.33%. The quarter on quarter growth in the sales is 31.10%. The profit margin of E Commerce China is negative of 8.55% reflecting that the company is unable to generate profit from its business operations. The 200 days moving average of E Commerce China is trading above the stocks 50 days moving average which gives a bearish sign to the investors.

The company released its first quarter results for 2013, where it posted a net loss of RMB99.5 million as compared to a net loss of RMB122.1 million in the previous quarter. The total net revenues increased by 23% in the quarter to RMB1,333.8 million from 1Q2012.

The company today announced its revenue guidance for the second quarter of 2013 to be around RMB1.6 billion, which is in line with the analyst’s estimate of RMB1.5 billion during the same period, representing a slight growth in the revenue.


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Lacee Page is our White House and political campaign reporter. Lacee also covers justice and national law enforcement issues and congressional reporter focusing on the outputs of the legislative process: government spending, agency regulation and congressional oversight. Lacee received a national Edward R. Murrow for spot news award and the regional Associated Press award for best newscast. Lacee attended Riverview High School near Coshocton, and graduated from Ashland College in Ashland, Ohio with a Bachelor of Arts degree in Communications.

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