Which Stock Is Better? Arch Coal Inc (ACI) and Harvard Bioscience Inc (HBIO)
New York, NY – GDP INSIDER – 03/27/2015.
This article discusses two companies: Arch Coal Inc (NYSE:ACI) and Harvard Bioscience Inc (NASDAQ:HBIO)
Arch Coal Inc (NYSE:ACI) fell back again yesterday with the stock sliding 4.34% or $0.05 to close at $0.99 with more than 4.147 million shares changing hands, compared to its three month average trading volume of 5.038 million. The supplier of cleaner burning metallurgical coal for power generators has been trending down for the last 52 weeks, with the shares price now 78.10% lower for the period and down 44.06% so far this year. The latest fall came on the back of reports of warmer weather in the Midwest combined with a U.S. Energy Information Administration (EIA) report that natural gas production is still increasing. As natural gas prices fall, it negatively impacts coal prices, as gas is a cheaper alternative to coal. However, Arch Coal Inc is fighting back by striving hard to cut costs and has suspended its dividend to maintain liquidity. Even so, the stock is better to sell than hold.
Harvard Bioscience Inc (NASDAQ:HBIO) continued to climb yesterday with the stock gaining another 1.10% or $0.06 to close at $5.49 on very active trading volume of 0.767 million shares, compared to its three month average trading volume of 0.099 million. The developer and manufacturer of scientific instruments and apparatus has been fluctuating between $5.15 and $5.83 over the last month, after it released very positive fourth quarter and full year financial results at the end of February. Despite these recent gains, Harvard Bioscience Inc has been underperforming the S&P 500 so far this year, with the stock losing 3.16% YTD, compared to the S&P 500 which has only lost 0.13% over the same period. With quarterly revenue growth of 9.00% year on year and a bullish MACD crossover looking likely, the stock should still continue to rise and get closer to its one year target estimate of $8.03, making it a hold and potential buy.
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