Should Day Traders Avoid Swift Energy Company(NYSE:SFY), BPZ Resources Inc(NYSE:BPZ) and Wet Seal Inc(NASDAQ:WTSL)?
New York, NY – GDP INSIDER – 01/06/2015.
This article discusses three companies: Swift Energy Company(NYSE:SFY), BPZ Resources Inc(NYSE:BPZ) and Wet Seal Inc(NASDAQ:WTSL)
Swift Energy Company(NYSE:SFY) plunged another 18.13% as the oil prices touch new 5.5-year lows during yesterday’s trading to close the day at a new closing price of $3.16. West Texas Intermediate crude dropped 5% to $50.02/barrel and hit a new low since April 2009. Analysts at TheStreet rate the stock as a SELL due to its deteriorating net income and high debt management risk. Swift Energy Company also saw a decline of 66.4% in its net income compared to the same quarter one year ago.
BPZ Resources Inc(NYSE:BPZ) plummeted 17.99% to $0.271, a $0.059 loss per share during yesterday’s trading. The stock currently sits at a weekly performance of 17.69%, monthly performance of 17.74%, and a quarterly performance of -84.70%. BPZ Resources Inc, an independent oil and gas company, has a market cap of $38.71 million and had a trading volume of 3.46 million, which is higher than its 30-day average trading volume of 2.93 million. It has a beta of 1.79.
Wet Seal Inc(NASDAQ:WTSL) has traded within a range of $0.05 to $2.84 over the past 52-weeks, yet finished yesterday’s trading at a closing price of $0.0596 after a 16.06% loss of $0.0114. These figures show that Wet Seal Inc is on the decline. Not only that, but the company also has an earnings per share (ttm) of -1.21, profit margin (ttm) of -21.97%, operating margin (ttm) -14.30% and return on assets(ttm) of -30.68% which are not any attractive numbers for investors. Additionally, the ticker has a beta of 1.78, which means that it is 78% more volatile than the market.
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