Time To Invest? Jive Software Inc(JIVE), Sand Ridge Permian Trust(PER) and BPZ Resources Inc(BPZ)
New York, NY – GDP INSIDER – 02/12/2015.
This article discusses three companies: Jive Software Inc(NASDAQ:JIVE), SandRidge Permian Trust(NYSE:PER) and BPZ Resources Inc(NYSE:BPZ)
Jive Software Inc(NASDAQ:JIVE) suffered a 13.14% decline in value yesterday as the stock lost eight cents to move to a closing price of $5.29. The stock, however, gained five cents during afterhours trading to move to a closing price of $5.34. On February 11, analysts at Citigroup Inc reiterated their ‘hold’ rating on the stock and lowered their price target from $8 to $6 on the shares of the social business software platform provider. As a result, Jive Software Inc witnessed its trading volume spike to a figure of 3.65 million, a number that is significantly higher than its 30-day average trading volume of 0.43 million.
SandRidge Permian Trust(NYSE:PER) saw its value decrease by 2.71% yesterday as the stock lost twenty cents to reach a closing price of $7.32. However, the stock gained an additional eighteen cents during afterhours trading to move to a figure of $7.50. The mark places the stock $1.72 above its 52 week low of $5.60. To contrast, the Texas-based oil and natural gas company is now situated $6.18 below its 52 week high of $13.50. SandRidge Permian Trust has a strong gross margin (ttm) of 94.90%, and operating margin (ttm) of 92.30%, price-to-earnings ratio of 3.01 and forward P/E of 3.27.
BPZ Resources Inc(NYSE:BPZ) plummeted 20.35% as the stock lost $0.059 to move to a new closing price of $0.231. The stock lost an additional 4.72% during afterhours trading to move to a value of $0.220. The sharp decline in the value of stock, which has traded within a range of $0.17 to $3.40 over the past 52 weeks, triggered a high trading volume of 10.75 million yesterday. This number is 8.63 million higher than the Texas-based company’s three month average trading volume of 2.12 million. The timing is unfortunate for BPZ Resources Inc as crude prices are falling again but, with one year price target estimate at $2.03, this sharp fall in value may represent an opportunity.
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