Should You Invest In: Waddell & Reed Financial, Inc. (WDR), Hornbeck Offshore Services, Inc. (HOS) and Synergy Resources Corp (SYRG)
New York, NY – GDP INSIDER – 04/13/2015.
This article discusses three companies: Waddell & Reed Financial, Inc. (NYSE:WDR), Hornbeck Offshore Services, Inc. (NYSE:HOS) and Synergy Resources Corp (NYSEMKT:SYRG)
Waddell & Reed Financial, Inc. (NYSE:WDR) lost $1.12 to end Friday’s trading session at $47.94, a 2.28% decrease in valued from its previous closing price on higher than average trading volume of 1.50 million, compared to its 30 day average trading volume of 0.872 million. The US-based shareholders services administration company’s decline in value came despite the fact the company did not make any significant announcements or release any financial figures. With RSI of 41.81 and one year target price estimate of $50.45, the stock has still upside potential, hold.
Hornbeck Offshore Services, Inc. (NYSE:HOS) reversed its recent upward trend on Friday with the stock losing 2.33% or $0.52 to finish the day at a closing price of $21.83 on light trading volume of 0.921 million, compared to its three month average trading volume of 0.925 million. The US based marine transportation services provider has been falling steadily for most of the last 52 weeks with the stock down 44.40%, but has been starting to gain back some of these losses since the beginning of the month with the stock up 12.29%. Overall, Hornbeck Offshore Services, Inc is in good position with P/E of 9.13 and EPS of $2.39, making it a long term buy opportunity.
Synergy Resources Corp (NYSEMKT:SYRG) lost twenty one cents to finish the day at a closing price of $11.92 on higher than average trading volume of 2.03 million, compared to its 30 day average trading volume of 1.51 million after analysts at ROTH Capital reiterated their buy rating on the stock and boosted their price target from $15 to $18 per share. The 1.72% decline in value moved the stock 48.07% above its 52 week low of $8.05 and 15.52% below its 52 week high of $14.11. The RSI of 51.22 indicates the stock is not overvalued at the current levels and may rise in future, making it a hold.
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