Should Day Traders Consider Expeditors International of Washington (EXPD), MGM Resorts International (MGM), and Sprint Corporation (S)?
New York, NY – GDP INSIDER – 12/18/2014.
This investment analysis discusses Expeditors International of Washington(NASDAQ:EXPD), MGM Resorts International(NYSE:MGM), and Forest Oil Corporation(OTCMKTS:FST)
Expeditors International of Washington(NASDAQ:EXPD) has traded within a range of $38.14 to $47.24 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $43.28 after a 2.23% loss of $0.98. Despite yesterday’s loss, Expeditors remains at a favorable price. The company has an earnings per share (TTM) of $1.80 and a price to earnings ratio (TTM) of $24.07. Its beta of 0.87 indicates that the company’s stock is 13% less volatile than the market. However, it should be noted that Expeditors had bid and offer prices of $38.28 x 100 and $46.00 x 100 on Dec. 17th, 2014.
MGM Resorts International(NYSE:MGM) announced yesterday that its Senior Vice President of Public Relations, Jenn Michaels, had been named to PR News’ first-ever “Top Women in PR” list. The stock traded for a new 52 week low of $17.25 yesterday before finishing the day at a closing price of $18.01 after a 4.46% loss of eighty-one cents. These figures indicate that MGM Resorts is on the decline. The company has a beta of 1.56, meaning that the stock is 56% more volatile than the market. MGM Resorts had a high trading volume of over 53 million yesterday.
Sprint Corporation(NYSE:S) announced on Dec. 16th that it would be concluding its title sponsorship for the NASCAR Sprint Cup Series. The company cited the “need to focus more directly on its core business priorities” as being a key factor in its decision. The company also traded for a new 52 week low of $3.79 yesterday. While these figure could scare off potential investors, it is worth noting that it could also represent that Sprint Corporation is now at a buy-low price. The company has a beta of -1.355 and a one-year target estimate of $7.28.
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