Should Investors Consider Goodrich Petroleum Corporation(NYSE:GDP), Civeo Corp(NYSE:CVEO) and Standard Pacific Corp.(NYSE:SPF)?
New York, NY – GDP INSIDER – 01/12/2015.
This article discusses three companies: Goodrich Petroleum Corporation(NYSE:GDP), Civeo Corp(NYSE:CVEO) and Standard Pacific Corp.(NYSE:SPF)
Goodrich Petroleum Corporation(NYSE:GDP) was downgraded by JPMorgan Chase & Co on December 30th, 2014. JMorgan moved the company from ‘overweight’ to ‘underweight’. Separately, analysts at Capital One Financial Corp downgraded the stock from ‘overweight’ rating to ‘equal weight’ rating on December 24. Goodrich Petroleum Corporation also has a ‘market perform’ rating from Well Fargo & Co. and ‘sector perform’ rating from Howard Weil. The stock lost 1.52% to $0.05 per share and closed the day at $3.24 on Friday. The ticker has an earnings per share of $-4.10 and a beat of 1.96.
Civeo Corp(NYSE:CVEO) gained 3.49% during Friday’s trading and closed the day at a new closing price of $3.26. The stock gained an additional one cent during afterhours trading. The ticker has a 50-day moving average of 7.44 and 200-day moving average of 17.37. Civeo Corp has a RSI value of 22.96 and currently being oversold. On December 30, analysts at Susquenhanna reiterated their ‘hold’ rating on the stock and cut down their price target from $10 to $6, while, Howard Weil reiterated its ‘sector perform’ rating and lowered its price target from $10 to $5 on the shares of Civeo Corp.
Standard Pacific Corp.(NYSE:SPF) has traded within a range of $6.86 to $9.20 over the past 52-weeks. The stock, which has a market cap of $2.07 billion, had a trading volume of 2.85 million, a figure which is lower than its 10-day average trading volume of 3.62 million. The stock has a beta of 1.69 and a 52-week change of -14.84%. Standard Pacific Corp popped 1.23% to nine cents during Friday’s trading and closed the day at $7.40. The stock is currently situated at a weekly performance of 1.93% and 20-day SMA of 3.70%. The company will release its 4Q14 results on February 6th, 2015.
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