Should You Sell Your Keryx Biopharmaceuticals (KERX), EXCO Resources Inc (XCO), and Mongolia Growth Group Ltd. (MNGGF) Shares?
New York, NY – GDP INSIDER – 12/16/2014.
This day trading article provides an investment analysis of Keryx Biopharmaceuticals(NASDAQ:KERX), EXCO Resources Inc(NYSE:XCO), and Mongolia Growth Group Ltd.(OTCMKTS:MNGGF)
Keryx Biopharmaceuticals(NASDAQ:KERX) presented at the Oppenheimer & Co. Inc. 25th Annual Healthcare Conference on Dec. 11th, 2014. The company’s CEO, Ron Benstur, provided a corporate overview and offered an update on the pending launch of Auryxia. The stock has traded within a range of $11.53 to $18.48 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $13.73 after a 5.31% loss of $0.77. Yesterday’s trading day, combined with the company’s beta of 6.33 and earnings per share (TTM) of $–1.00, could scare off investors.
EXCO Resources Inc(NYSE:XCO) announced yesterday that it had suspended the cash dividend in an effort to secure funds to be reinvested in the company. The company’s chairman, Jeff Benjamin, cited the recent oil price decline as a factor in the decision. The stock traded for a new 52 week low of $1.98 yesterday, a figure which is $4.62 below its high of $6.60 for the same period. EXCO Resources’ beta of 0.66 indicates that the stock is 34% less volatile than the market.
Mongolia Growth Group Ltd.(OTCMKTS:MNGGF) traded for a new 52 week low of $0.74 yesterday before finishing the day at a closing price of $0.77 after a 22.58% loss of twenty-two cents. These figures indicate that Mongolia Growth Group Ltd. is on the decline. The company has an earnings per share (TTM) of $0.12 and a price to earnings ratio (TTM) of $6.61. Mongolia Growth Group Ltd. had a trading volume of 0.16 million yesterday, which is 0.08 million greater than its three month average volume of 0.08 million.
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