Will Linc Energy Ltd-ADR(OTCMKTS:LNCGY), Net Element International Inc(NASDAQ:NETE), and Cumulus Media Inc(NASDAQ:CMLS)Prove To Be Savvy Investments?
New York, NY – GDP INSIDER – 11/21/2014.
This article discusses three companies: Linc Energy Ltd-ADR(OTCMKTS:LNCGY), Net Element International Inc(NASDAQ:NETE), and Cumulus Media Inc(NASDAQ:CMLS)
Linc Energy Ltd-ADR(OTCMKTS:LNCGY)is an Australia-based diversified energy company that explores, develops, and produces traditional oil and gas assets in North America.The company owns interests in 27 exploration permits for coal. The company, which has a market capitalization of $442.24 million, had a trading volume of 0.42 million yesterday. This figure, which is 0.36 million higher than Linc Energy’s three month average volume of 0.06 million, suggests that investor interest in the stock is spiking.
Net Element International Inc(NASDAQ:NETE)reported its third quarter financial results on Nov. 13th, 2014. The figures included a total debt of $3.315 million, a substantial decrease from the total debt figure of $21.071 million recorded on Dec. 31st, 2013. The stock has traded within a range of $0.88 to $5.75 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $1.82 after a $0.51 gain. These figures suggest that Net Element International dug itself out of a rather substantial hole yesterday.
Cumulus Media Inc(NASDAQ:CMLS)also recently reported its third quarter operating results. The company announced a net revenue of $313.9 million, a $51.4 million increase from the $262.5 million figure recorded during third quarter 2013. The stock traded within a range of $3.58 to $3.85 during the day, yet finished yesterday’s trading at a closing price of $3.69. While the trading day could have been more successful for Cumulus Media, there’s no reason for stockholders to be upset with yesterday’s results.
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