Should Day Traders Invest In McDermott International(MDR), Alpha Natural Resources, Inc.(ANR) and Saba Software, Inc.( SABA)?

Posted by admin January 21, 2015 0 Comment 1039 views

New York, NY – GDP INSIDER  –  01/21/2015.

This article discusses three companies: McDermott International(NYSE:MDR), Alpha Natural Resources, Inc.(NYSE:ANR) and Saba Software, Inc.(OTCMKTS:SABA)

McDermott International(NYSE:MDR) saw a decline of 5.49% in value as the stock fell $0.13 to close the day at $2.24, following the decline of 4% to $46.76/barrel in WTI crude oil price for February delivery on Tuesday morning. The fall in oil prices was noticed after the IMF lowered its growth forecast from 3.8% to 3.5% for 2015 and from 4% to 3.7% for its 2016 growth forecast. McDermott International currently stands at a weekly performance of -14.83%, monthly performance of -5.08%, quarterly performance of -44.14% and an year-to-date performance of -23.02%.

Will McDermott International Continue To Fall In Near Future? Find Out More In Our Free MDR Report.

Alpha Natural Resources, Inc.(NYSE:ANR) hit a new 52-week low of $1.05 as the stock fell 4.42% to close the day at a new closing price of $1.08. The $0.05 loss per share moved the stock 2.86% above its 52-week low of $1.05 and 83.49% below its 52-week high of $6.54. The $252.72 million market cap company traded within a range of $1.05 to $1.15 during intraday trading. In a research note on December 20, analysts at Morgan Stanley downgraded their rating on the stock from equal weight to underweight. Alpha Natural Resources, Inc has a beta of 2.42, meaning it is 142% more volatile than the market. The stock, however, gained 4.63% to move the price at $1.08.

What Does The Volatility Of Alpha Natural Resources, Inc Tell About Its Performance? Read Our Free ANR Report Here.

Saba Software, Inc.(OTCMKTS:SABA) surged a whopping 22.22% as it gained $1.50 to close the day at a closing price of $8.25 during yesterday’s trading. The $245.73 million market cap company had a trading volume of 497,087, which is greater than its 30-day average trading volume of 329,283, and 29.79 million shares outstanding. Saba Software, Inc has traded within a range of $6.51 to $14.50 over the past 52 weeks. It has a beta of 0.89, meaning it is 11% less volatile than the market, and an earnings per share (ttm) of $-0.53.

Will Saba Software, Inc Fall Soon? Learn More About Company’s Trajectory In Our Free SABA Analysis.

About HotStockGains provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word BREAKOUT to 555888 from your cell phone.

Additionally, HotStockGains free newsletter provides market insight, tips, and trading strategies on NYSE, NASDAQ, OTCBB and PINK stocks.

Disclosure:  HotStockGains is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Always seek help from a professional financial advisor (I am not one). Please visit for complete risks and disclosures.

Write Your Comment