What Does The Future Hold For Laredo Petroleum Inc(NYSE:LPI), Eagle Rock Energy Partners, L.P.(NASDAQ:EROC), and VUZIX CORP CMN STK(OTCBB:VUZI)?
New York, NY – GDP INSIDER – 01/06/2015.
This article discusses three companies: Laredo Petroleum Inc(NYSE:LPI), Eagle Rock Energy Partners, L.P.(NASDAQ:EROC), VUZIX CORP CMN STK(OTCBB:VUZI)
Due to the continued fall in oil prices, Laredo Petroleum Inc(NYSE:LPI) plummeted 14.04% to $9.37, a $1.53 loss per share during trading yesterday. US based independent energy company has a PE ratio of 10.9 and a beta of 0.92, meaning it is 8% less volatile than the market. Analysts at The Street rates the stock as a SELL due to its high debt-to-equity ratio of 1.16 and continuous decline in share price. Laredo Petroleum Inc currently stands at a weekly performance of -10.80% and a monthly performance of -1.88%.
Eagle Rock Energy Partners, L.P.(NASDAQ:EROC) saw a massive decline of 13.04% in its value as the stock fell $0.33 to close the day at $2.20. The $4055.09 million stock, which traded within the range of $2.16 to $2.47 during the day, is currently situated 23.60% above its 52-week low of $1.78 and 63.60% below its 52-week high of $5.99. Eagle Rock Energy Partners, L.P has a beta of 1.07, quarterly revenue growth (yoy) of 91.10%, quarterly earnings growth (yoy) of 124.40% and a weekly performance of 1.85%.
VUZIX CORP CMN STK(OTCBB:VUZI) gained a whopping 26.69% in value to close the day at $5.46 during yesterday’s trading. The $1.25 increase in price moved the stock to a new 52-week high of $6.34 during intraday trading. The ticker, which has a beta of 3.97 and a 52-week change of 49.18%, had a trading volume of 1.22 million, a figure which is substantially higher than its 3-month average trading volume of 67,986. Recently, Intel made an investment of $24.8 million in the company and purchased 49.6K shares of VUZIX.
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