Where Are The Positives? Gastar Exploration Inc (GST), Novavax, Inc. (NVAX) and PennantPark Investment Corp. (PNNT)
New York, NY – GDP INSIDER – 04/22/2014.
This article discusses three companies: Gastar Exploration Inc (NYSEMKT:GST), Novavax, Inc. (NASDAQ:NVAX) and PennantPark Investment Corp. (NASDAQ:PNNT)
Gastar Exploration Inc (NYSEMKT:GST) continued to climb yesterday as the stock gained five cents to move to a closing price of $3.50, a 1.45% increase in value from its previous closing price. The $280.67 million market cap company, which traded within a range of $3.35 to $3.50 after opening the day at $3.49, remains significantly below its 52 week high of $9.10. Gastar Exploration Inc currently sits at a strong quarterly revenue growth (yoy) of 13%, quarterly earnings growth (yoy) of 666.70%, gross margin (ttm) of 96% and an operating margin (ttm) of 34.10%. With one year target price estimate of $4 and RSI of 71.12, it is better to hold or profit-take for now.
Novavax, Inc. (NASDAQ:NVAX) enjoyed a thirteen cents gain during yesterday’s trading to finish the day at a closing price of $8.42. The 1.57% increase in value moved the stock 127.57% away from its one year closing price low of $3.70, which is welcome news for the company that has an EPS of $-0.36. The company has a market capitalization of $2.22 billion and 267.84 million shares outstanding. The US-based clinical stage biopharmaceutical company currently stands at a weekly performance of 2.81%, monthly performance of -12.11%, quarterly performance of 15.50% and an year to date performance of 41.99%. Novavax, Inc closed its yesterday’s trading session 38.58% above its 200-day moving average of $6.09.
PennantPark Investment Corp. (NASDAQ:PNNT) reversed its recent upward trend yesterday closing down 0.97% or nine cents to finish the day at a closing price of $9.23 on low trading volume of 0.288 million. The New York based business development company currently stands at a weekly performance of 1.32%, monthly performance of 0.33%, a quarterly performance of 11.63% and an year to date performance of -0.20%. Over the past six months and over the past one year, the shares of PennantPark Investment Corp have underperformed the S&P500 index by 3.15% and 15.86%, respectively. The RSI of 53.92 indicates the stock is not overvalued at the current levels, the MFI of 65.34 shows the money is flowing in the right direction, making it a hold for now.
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