Worth The Risk? Denny’s Corporation (DENN), Atlantic Power Corp (AT) and Sportsman’s Warehouse Holdings Inc (SPWH)
New York, NY – GDP INSIDER – 04/30/2014.
This article discusses three companies: Denny’s Corporation (NASDAQ:DENN), Atlantic Power Corp (NYSE:AT) and Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH)
Denny’s Corporation (NASDAQ:DENN) declined during the last trading session losing 8.87% as the stock lost $1.04 to move to a new closing price of $10.69 on higher than normal trading volume of 1.304 million, compared to its three month average trading volume of 0.613 million. Yesterday’s loss moved the stock 11.65%% below its 52 week high of $12.10 and 72.98% above its 52 week low of $6.18. With EPS of $0.37 and quarterly earnings growth (yoy) of 120.00%, the stock has strong upside potential, making it a hold with a view to buy.
Atlantic Power Corp (NYSE:AT) fell yesterday with the stock sliding 0.93% or $0.03 to close at $3.21 on active trading of 1.290 million shares, compared to its three month average trading volume of 0.758 million. The power generation and infrastructure company has been performing well since the beginning of the year with the stock gaining 18.45%, compared to the S&P 500 index, which has gained only 2.33% for the same period. With its MACD diverging in a bullish direction and RSI of 70, the stock still has plenty of room to climb further. Worth holding on to but not a potential buy at this time.
Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) saw a decline of $0.10 during its last trading session to finish the day at a closing price of $9.61, a 1.03 decrease in value from its previous closing price on light trading volume of 0.134 million, compared to its three month average trading volume of 0.195 million. The outdoor sporting goods retailer is currently holding well above its 50 day moving average of $8.28 and 200 day moving average of $7.16. While the MFI of 78 is not concerning, the RSI of 70 is on the verge of pushing into more concerning territory. That said, the stock could move higher, and these technical are not yet indicating that a correction is on the horizon.
About Ultimate Stock Alerts
UltimateStockAlerts.com covers NASDAQ and NYSE listed companies that are overlooked by Wall Street. Investors can choose to receive trading strategies via text message (SMS) or email. To receive free text message alerts text the word ULTIMATE to 555888 from your cell phone. For more information visit www.UltimateStockAlerts.com
Disclosure: UltimateStockAlerts.com is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.