Top 3 Losers: Metalico Inc. (MEA), Gevo Inc. (GEVO), And RadioShack Corporation (RSH)

Posted by Lynn Eisler January 28, 2015 0 Comment 1650 views


New York, NY – GDP INSIDER  – 01/28/2015.

Metalico, Inc. (NYSEMKT:MEA) traded in the range of $0.62 to $0.80 after opening the day at $0.80. The stock dropped 15.58% to close the day at $0.65. The price decline pushed the stock’s market cap to $45.90 million. It saw 1.86 million shares exchanging hands, above the daily average of 1.03 million. At $0.65 per share, Metalico, Inc. (NYSEMKT:MEA) closed yesterday’s session 150% above its 52-week and 71.98% below its 52-week. The scrap metal processor stock has a 14-Day RSI of 64.44 and beta of 2.34.

Could Metalico, Inc. Continue To Fall Or Will We Find Support In The Near Future? See What Is In The Cards For MEA With A Complementary Trend Analysis.

Gevo, Inc. (NASDAQ:GEVO) witnessed a high volume trading yesterday whereby more than 4 million shares exchanged hands, compared with the average daily volume of just about 0.53 million. The high-volume trading day left the stock down 5.94% at $0.277, having opened the session at $0.30. The $29.53 million market capped Gevo, Inc. (NASDAQ:GEVO) traded between $0.25 and $0.35 in the last session. At the end of the session, the stock stood 10.80% above its 52-week low and 82.13% below its 52-week high.

Is Gevo, Inc. Going To Continue To Lose Value Or Will Things Start To Turn Around? Find Out What’s Next For GEVO With A Free Trend Analysis Report

RadioShack Corporation (NYSE:RSH) declined 10.01%, shedding $0.035 to close the day at $0.311. The day was characterized by low volume exchanging hands at 1.17 million, below the average daily volume of 3.59 million. The consumer electronics retailer traded between $0.30 and $0.34, having opened the day at $0.31. The 34.34 million market capped company ended yesterday’s session 0.32% above the opening price and 35.22% above its 52-week low. However, the stock remains 88.85% below its 52-week high.

RadioShack Corporation (NYSE:RSH) received another delisting notice from the New York Stock Exchange as its market cap had fallen below $50 million for over 30 consecutive days. The retailer had earlier been noticed about delisting threat after its stock price fell below $1. The company is struggling with cash shortage and huge debt, but the delisting notices would not impact its debt obligations.

Is RadioShack Corporation Going To Turn It Around Or Will It Continue To Freefall? See Where RSH Is Going Next With A Free Trend Analysis

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About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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