Which Is The Right Medium Term Selection? Entropic Communications Inc(ENTR), Ford Motor Company (F) and Endurance International Group Hldgs Inc (EIGI)
New York, NY – GDP INSIDER – 04/17/2014.
This article discusses three companies: Entropic Communications Inc(NASDAQ:ENTR), Ford Motor Company (NYSE:F) and Endurance International Group Hldgs Inc (NASDAQ:EIGI)
Entropic Communications Inc(NASDAQ:ENTR) had a low trading with 0.233 million shares changing hands compared to its three month average trading volume of 1.39 million. The stock traded between $3.10 and $3.17 before closing the day at its opening price of $3.11 with no change on the day. The silicon and software solutions provider has been climbing steadily since the beginning of the year and is now up 23.32% YTD, compared to the S&P 500, which has only increased 2.24% since the beginning of this year. With a one year target estimate of $3.00 and RSI of 69.23, the stock looks overvalued and could correct downwards making it a hold rather than buy for now.
Ford Motor Company (NYSE:F) closed down slightly yesterday declining 0.81% or $0.13 to close at $15.94 on much lower than average trading volume of 23.441 million shares, compared to its average trading volume of 27.07 million. Ford Motor Company has been gaining steadily since near the end of January when it was trading as low as $14.46. With falling quarterly revenue growth of -4.5% and earnings growth of -98.70%, it is in line with the industry performance as a whole and may still have the potential to meet its one year target estimate of $16.82, hold.
Endurance International Group Hldgs Inc (NASDAQ:EIGI) continued its recent gains yesterday with the stock hitting a 52 week high of $22.99 before falling back slightly to close up 2.65% or $0.59 at $22.86 on very heavy trading of 1.790 million shares, compared to its three month average trading volume of 0.906 million. The cloud-based solutions provider has been performing well over the past 52 weeks with the stock up 81.00%, far outperforming the S&P 500 which is only up 12.88% for the same period. With one year target price estimate of $22.57 and RSI of 77.30, the stock looks overvalued at the current levels making it a hold with a view to buy.
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