The Better Investment At This Time? Eagle Rock Energy Partners, L.P. (EROC) and Intersil Corp (ISIL)
New York, NY – GDP INSIDER – 03/30/2015.
This article discusses three companies: Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) and Intersil Corp (NASDAQ:ISIL)
Eagle Rock Energy Partners, L.P. (NASDAQ:EROC) continued to decline on Friday closing down 5.67% or $0.14 at $2.33 with 0.886 million shares changing hands, compared to its 30 day average trading volume of 0.388. The stock has been gradually declining in line with the weakness of oil and other energy commodity prices, as many investors move out the sector until the situation improves. The $352.52 million market cap company, which is currently engaged in the business of developing interest in oil and natural gas properties, has been declining since the beginning of the month with the stock down 11.41%. However, Eagle Rock Energy Partners, L.P. has been performing better than most of its competitors so far this year with the stock up 8.88% year to date, even outperforming the S&P 500 which is only up 0.10% over the same period. With quarterly revenue growth (yoy) of 188.10% and RSI of 45.88, Eagle Rock Energy Partners, L.P is one of the few oil related stocks that may be worth investing in, making it a hold for now.
Intersil Corp (NASDAQ:ISIL) continued to climb on Friday with the stock gaining 2.65% or $0.37 to close at $14.32 on light trading volume of 0.882 million, compared to its 30 day average trading volume of 1.06 million. The gain situated the stock 31.38% above its 52 week low of $10.90 and 12.63% below its 52 year high of $16.39. Intersil Corp’s increase in value came despite the fact that the company did not make any significant announcements or release any financial figures. Over the past one week and over the past one month, the shares of the company has lost 4.79% and 8.44% in value, respectively. Not only that, but the company has also been declining since the beginning of the year and is now down 1.04% year to date, compared to the S&P 500, which is up 0.10% over the same period. However, with quarterly earnings growth (yoy) of 116.70% and one year price target estimate of $16.50 there is plenty of upside, making it a hold.
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