Possibly Undervalued? Amedica Corporation (AMDA) and Metalico Inc (MEA)

Posted by admin April 1, 2015 0 Comment 1822 views


New York, NY – GDP INSIDER  –  04/01/2015.

This article discusses two companies: Amedica Corporation (NASDAQ:AMDA) and Metalico Inc (NYSEMKT:MEA)

Amedica Corporation (NASDAQ:AMDA) continued to decline yesterday with the stock sliding another 12.23% or $0.0489 to close the day at $0.3511 with more than 0.980 million shares changing hands, compared to its three month average trading volume of 0.482 million. The commercial biomaterial company focused on developing medical devices has been underperforming the S&P 500 since the middle of January, with the stock now down 56.10% so far this year, compared to the S&P 500 index which is up 0.44% over the same period. Over the last 52 weeks, Amedica Corporation has lost more than 100% of its value and its continuing decline has depressed its RSI to 29.35. Despite the low RSI, the stocks MACD is still diverging downwards and with negative revenue growth of -9.80% and diluted EPS of -$2.66, the stock does not look like it has yet reached its lowest point, making it a sell at this time.

Can Amedica Corporation Turn Things Around? Take A Look At Its Technical Indicators With Free AMDA Analysis.

Metalico Inc (NYSEMKT:MEA) maintained its current steep downward trend yesterday, with the stock sinking another 14.23% or $0.0612 to close at $0.3688 on fairly active trading of 1.499 million shares, when compared to its three month average trading volume of 0.781 million. The lead metal fabricator and scrap metal recycler started to fall on Friday, after it announced that it was delaying the filing of its Annual Report Form 10-K for 2014 for up to fifteen days, past its 31 March target date.  The company is currently in talks with its secured lenders on how best to stay in compliance with the terms of its debt and no decision is expected until at least the end of the first week of April and beyond. The stock has now lost 77.09% of its value since the beginning of the year and until its current liquidity crisis is resolved, it is better to steer clear for now.

Is Metalico Inc Able To Bounce Back? Click Here For Free MEA Analysis.

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