Just Energy Group Inc. Ordinary Shares (Canada) (NYSE:JE) up by 5.76%, Threshold Pharmaceuticals Inc. (NASDAQ:THLD)

Posted by Ryan Mandell May 20, 2013 0 Comment 1775 views


Just Energy Group Inc. Ordinary Shares (Canada) (NYSE:JE) completed the day’s run at $7.34 per share, up by 5.76% ($0.40) from previous day’s closing price of $6.94. The price of the stock reached a high of $7.40 and went till a low of $6.96 after it commenced the day’s trading with an opening price of $7.04. The share price in the last 52 weeks has seen a range of $5.77 – $12.34. The number of shares of the company that changed hands during the day’s trading is 1.65 million when on an average in the last 30 days, the volume of shares traded everyday stands at 0.586 million. The earnings-per-share figure of the company standing at $1.88 reveals that it has been gaining profits.

The company reported its 4Q2013 and FY2013 results where profits from continuing operations were reported to be C$203.4 million as compared to C$75.6 million a year ago. The company increased its customer base by 10% in FY2013 to 4.46 million customers. THE embedded gross margin increased by 15%, the YoY gross margin increased by 5%. Base EBITDA fell by 16%, EPS for the year is $4.30 per share as compared to a loss of $0.93 in FY2012.

An analyst at RBC stated that the company is in a position to sustain its high dividend payout ratio since the cost reduction will help company overcome its limited customer growth.

Threshold Pharmaceuticals Inc. (NASDAQ:THLD) completed the day’s run at $5.57 per share, up by 5.09% ($0.27) from previous day’s closing price of $5.30. The price of the stock reached a high of $5.58 and went till a low of $5.32 after it commenced the day’s trading with an opening price of $5.34. The share price in the last 52 weeks has seen a range of $3.94 – $9.28. The number of shares of the company that changed hands during the day’s trading is 0.481 million when on an average in the last 30 days, the volume of shares traded everyday stands at 0.526 million. The earnings-per-share figure of the company standing at $0.28 reveals that it has been gaining profits but it has a strong figure of 4.71 when it comes to the current ratio, suggesting good working capital management. A low operating margin of -340.87% suggests faulty pricing and inefficiency in operations.

The company will present a company overview on May 22, at 2013 UBS Global Healthcare Conference.


About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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