Street Earnings

Investor’s Watch List: The Coca-Cola Company (KO), xG Technology, Inc. (XGTI), Oasis Petroleum Inc. (OAS)

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The Coca-Cola Company (KO) had a active trading with around 9.69M shares changing hands compared to its three month average trading volume of 14.08M. The stock traded between $41.52 and $41.83 before closing at the price of $41.57 with -0.22% change on the day. The Atlanta Georgia 30313 based company is currently trading 5.33% above its 52 week low of $39.88 and -9.64% below its 52 week high of $47.13. Both the RSI indicator and target price of 52.37 and $46.04 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The company’s still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Minute Maid Pulpy, Dasani, Simply, Glacéau Vitaminwater, Bonaqua/Bonaqa, Gold Peak, FUZE TEA, Glacéau Smartwater, and Ice Dew brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.

xG Technology, Inc. (XGTI) managed to rebound with the stock declining -55.8% or $-2.02 to close the day at $1.6 on active trading volume of 9.64M shares, compared to its three month average trading volume of 1.78M. The Sarasota Florida 34236 based company has been underperforming the wireless communications group over the past 52 weeks, with the stock losing -44.44%, compared to the industry which has advanced 4.27% over the same period. With RSI of 58.6, the stock should still continue to rise and get closer to its one year target estimate of $5, making it a hold for now.

xG Technology, Inc. engages in the development of communication technologies for wireless networks worldwide. The company’s intellectual property is embedded in proprietary software algorithms designed to offer cognitive interference mitigation and spectrum access solutions to organizations in a various industries, including national defense and rural broadband. Its products include xMax, a mobile voice over Internet protocol (VoIP) and broadband data system that utilizes an end-to-end Internet protocol (IP) system architecture, which incorporates OFDM and multiple in multiple out and orthogonal frequency-division multiple to increase interference tolerance, allow mobility, and improve resistance to fading. The company’s xMax comprise CN5100 mobile hotspot, a device that allows users of Wi-Fi enabled smartphones, tablets, notebooks, and other devices to access the Internet through the xMax cognitive radio network; CN3100 vehicle modem, which acts as a transparent protocol bridge allowing users of WiFi-enabled devices to access the Internet through the xMax cognitive radio network; CN3200 dual-band routing modem for use in fixed and mobile applications; CN1100 Access Point, an IP wireless access point that delivers wide area coverage and broadband throughput for fixed, nomadic, and mobile applications; and CN7000 Mobile Control Center, which controls the delivery of voice and data services, and manages various elements in the regional network. It also offers xMonitor, which monitors the status and health of various access points, mobile control center elements, and VoIP core elements; and xDrive, a drive mapping utility designed to gather, display, and log performance statistics from mobile hotspot, dual-band routing modem, and CN3100 vehicle modem. The company sells its intellectual property and the equipment directly, as well as through an indirect channel network. xG Technology, Inc. was founded in 2002 and is headquartered in Sarasota, Florida.

Oasis Petroleum Inc. (OAS) shares were down in last trading by -3.69% to $15.94. It experienced lighter than average volume on day. The stock increased in value by almost 5.84% over the past week and grew 18.96% in the past month. It is currently trading 25.03% above its 50 day moving average and 58.14% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -6.67% decrease in value from its one year high of $17.08. The RSI indicator value of 61.8, lead us to believe that it is a hold for now.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. Its principal projects are located in West Williston and East Nesson. As of December 31, 2015, the company had 484,745 net leasehold acres in the Williston Basin; and approximately 218.2 million barrels of oil equivalent of estimated net proved reserves. Oasis Petroleum Inc. sells its oil and natural gas to refiners, marketers, and other purchasers that have access to pipeline and rail facilities. The company was founded in 2007 and is headquartered in Houston, Texas.

 

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