Should You Avoid Medbox Inc(OTCMKTS:MDBX), BPZ Resources Inc(NYSE:BPZ), and TearLab Corp(NASDAQ:TEAR)?
New York, NY – GDP INSIDER – 12/05/2014.
This article discusses three companies: Medbox Inc(OTCMKTS:MDBX), BPZ Resources Inc(NYSE:BPZ), and TearLab Corp(NASDAQ:TEAR)
Medbox Inc(OTCMKTS:MDBX) presented at the LD Micro Conference on Dec. 3rd, 2014. The company traded for as little as $7.85 yesterday, a new 52 week low for the company that once traded for as much as $93.50 on the one-year period. Simply put, Medbox Inc. is on the decline. The company had a trading volume of 0.04 million yesterday, a figure which is 0.03 million lower than its three month average volume of 0.07 million.
BPZ Resources Inc(NYSE:BPZ) saw its value rise by 30.48% yesterday as the stock rose seven cents to finish the day at a closing price of $0.30. The company was downgraded from Buy to Sell by Wunderlich on Dec. 3rd, 2014. The downgrade came two days after BPZ Resources recently announced that Houlihan Lokey Capital Inc. and Stroock & Stroock & Lavan LLP will be analyzing its various strategic alternatives. The company has a one-year target estimate of $2.82.
TearLab Corp(NASDAQ:TEAR) finished yesterday’s trading at a closing price of $2.22 after a 2.2% loss of five cents, a figure which is just seventeen cents above its 52 week low of $2.05. Simply put, this company’s stock price is on the decline. TearLab Corp. had a trading volume of 0.33 million yesterday, a figure which is 0.09 million lower than its three month average volume of 0.24 million. The company has a beta of 4.09 and a one-year target estimate of $4.60.
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