Press Releases

Stocks under Consideration: Hertz Global Holdings Inc (NYSE:HTZ), JetBlue Airways Corporation (NASDAQ:JBLU), Cliffs Natural Resources Inc (NYSE:CLF)


Hertz Global Holdings Inc (NYSE:HTZ) saw its value increase by 4.16% as the stock gained $0.41 to finish the day at a closing price of $10.27. The stock was lighter in trading and has fluctuated between $6.95 – $21.31 per share for the past year. The shares, which traded within a range of $ 10.01 to $10.45 during the day, are up by 0.29% in the past three months and lower by -27.37% over the past six months. It is currently trading -3.97% below its 20 day moving average and 7.41% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $ 13.83a share over the next twelve months. The current relative strength index (RSI) reading is 48.94. The technical indicator do not lead us to believe the stock will see more gains any time soon.

Hertz Global Holdings, Inc. engages in the rental and lease of cars and trucks worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. The company rents various makes and models of cars, crossovers, and light trucks under the Hertz, Dollar, Thrifty, and Firefly car rental brands on hourly, daily, weekend, weekly, monthly, or multi-month basis through a network of company-owned rental airport and off-airport locations, as well as franchise locations.

JetBlue Airways Corporation (NASDAQ:JBLU) shares were up in last trading by 3.83% to $15.73. The stock increased in value by almost -3.73 % over the past week and fell -13.81 % in the past month. It is currently trading -14.52 % below its 50 day moving average and -28.27 % below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a – 42.51 % decrease in value from its one year high of $27.36. The RSI indicator value of 31.52, lead us to believe that it is a hold for now.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

Cliffs Natural Resources Inc (NYSE:CLF) traded within a range of $ 4.80 to $5.02 after opening the day at $4.85. The company has seen its stock increase in value by 212.03 % so far this year. The stock was up close to 6.02 % on light volume in last trading session and closed at $ 4.93 per share. After the recent gain, the stock is currently holding – 15.44 % below its 52 week high of $5.83 and 310.83 % above its 12-month low of $1.20. The shares are up by over 68.84 % in the last three months, and the RSI indicator value of 51.97 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. The company sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *