Rebounding Stocks: Oi SA (ADR) (NYSE:OIBR), Glu Mobile Inc. (NASDAQ:GLUU), GT Advanced Technologies Inc. (NASDAQ:GTAT)

Posted by Ryan Mandell April 26, 2013 0 Comment 962 views


Northern, WI 04/26/2013 (GDPInsider) – Oi SA (ADR) (NYSE:OIBR) opened trading at $2.60 and is trading up 0.78%. The modest uptick is supported by volume of 587.04K and the stock has a trading range of $2.59 and $2.66. Oi SA has been trending down for the last three months and the stock’s technical data slows a marginally steep decline. The stock is trading 7.02% below its 20-day moving average and 15.33% below its 50-day moving average. Insider transactions are down 0.09% and institutions own 14.82% of the stock. OIBR has a forward P/E of 42.83 and an RSI of 34.75. The stock is down 43.73% on its 52-week high of $4.60 but up 3.60% on its 52-week low of $2.50.

Is OIBR a solid investment at these levels? Get exclusive data and trends here.

Glu Mobile Inc. (NASDAQ:GLUU) is presently trading up 4.25% having opened the day’s trading at $3.03. The stock has a trading volume of 1.68 million shares and a trading range of $3.00 and $3.18. The technical data shows a northward recovery from the dip experienced at the start of April 2013. Presently the stock is up 9.61% on its 20-day moving average and up 16.02% on its 50-day moving average. GLUU is up 59.30% on its 52-week low of $1.99 and analysts have set a target price of $3.19 for the stock. The company has a market cap of 203.92 million and EPS next year is expected to rise 181.80%.

How Should Investors Trade GLUU Now? Check out this exclusive report!

GT Advanced Technologies Inc. (NASDAQ:GTAT) is down 0.78% after starting the day’s trading at $3.69. Volume is 1.15 million and the stock has a range of $3.66 and $3.75. Insiders own 0.61% of the stock and their share of transactions in GTAT has jumped 52.30%. The stock has a P/E of 4.04, a forward P/E of 13.29 with a target price set of $3.69. EPS this year is expected to rise 17.31% but expectations for 2014 show a steep decline of 64.56%. The stock is trading up 9.25% on its 20-day moving average and 17.14% up on its 50-day moving average.

How Should Investors Trade GTAT Now? Get exclusive insights and updates here.

 

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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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