Should You Invest In TrueCar Inc (TRUE), EXACT Sciences Corporation (EXAS), and DEUTSCHE BOERSE AG (DBOEY)?
New York, NY – GDP INSIDER – 12/18/2014.
This investment analysis article discusses: TrueCar Inc (NASDAQ:TRUE), EXACT Sciences Corporation (NASDAQ:EXAS), and DEUTSCHE BOERSE AG (OTCMKTS:DBOEY).
TrueCar Inc (NASDAQ:TRUE) has witnessed a significant decline in short interest in the month of November. The decrease of 25.5% in short interest indicated the strengthening investor confidence regarding the rise in TrueCar’s share price. Over the past 52 weeks, the stock has traded within the range of $9.05 and $25, while yesterday’s trading closed at a price of $20.99 after an impressive 8.64% gain of $1.67. The stock appears to be gaining strength in the market and the increasing investor confidence is expected to keep the stock prices stable. TrueCar has a target estimate of $23 given by JPM Securities which also gave the stock “market outperform” rating.
EXACT Sciences Corporation (NASDAQ:EXAS) announced on December 16 the details regarding the pricing of the public offering of 4,000,000 common shares which had been previously sold to Jefferies LLC and underwritten by Robert W. Baird & Co. Incorporated. The sale of common shares will be done at an offering price of $25.75 per share. In addition to that, the underwriters have been granted an option of purchasing up to 600,000 additional shares. The company is expected to close the offer on December 19. EXACT’s stock trading closed yesterday at $26.02 with a 3.5% gain of $0.88, while the 52-week range of the stock is $10.69 and $29.97.
DEUTSCHE BOERSE AG (OTCMKTS:DBOEY) has been given diversified ratings from different market analyst firms. Citigroup Inc. upgraded the shares of the company from “neutral” to “buy”; while the company was downgraded to a “neutral” rating by Macquarie on Wednesday. Over the past 52 weeks, the stock has been traded within the range of $7.03 and $7.14, while the trading closed at $7.07 with a 0.84% loss of $0.06. The reason behind diversified ratings may be the lack of stability in its market performance over the past few months.
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