Street Earnings

Stocks in Review: EnteroMedics Inc. (ETRM), Citigroup Inc. (C), Sirius XM Holdings Inc. (SIRI)

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EnteroMedics Inc. (ETRM) traded within a range of $0.0475 to $0.056 after opening the day at $0.05. The company has seen its stock decrease in value by -97.46% so far this year. The stock was down close to -0.8% on active volume in last trading session and closed at $0.05 per share. After the recent fall, the stock is currently holding -98.16% below its 52 week high of $2.697 and 19.52% above its 12-month low of $0.0415. The shares are down by over -63.93% in the last three months, and the RSI indicator value of 39.96 is neither bullish nor bearish, tempting investors to stay on the sidelines.

EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. The company develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness. It has collaboration with Mayo Clinic for the development and testing of products for the treatment of obesity. The company was formerly known as Beta Medical, Inc. and changed its name to EnteroMedics Inc. in 2003. EnteroMedics Inc. was founded in 2002 and is headquartered in St. Paul, Minnesota.

Citigroup Inc. (C) failed to extend gains with the stock declining -0.08% or $-0.05 to close the day at $60.75 on light trading volume of 15.08M shares, compared to its three month average trading volume of 21.72M. The New York New York 10013 based company has been outperforming the money center banks group over the past 52 weeks, with the stock gaining 17.89%, compared to the industry which has dropped -6.16% over the same period. With RSI of 71.12, the stock should still continue to rise and get closer to its one year target estimate of $61.09, making it a hold for now.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Sirius XM Holdings Inc. (SIRI) dropped $0 to close the day at a new closing price of $4.53, a 0% decrease in value from its previous closing price that moved the stock 38.02% above its 52 week low of $3.29. A total of 15.02M shares exchanged hands during the day compared with its three month average trading volume of 41.6M. The stock, which fluctuated between $4.52 and $4.57 during the day, currently situated -2.58% below its 52 week high. The stock is down by -0.88% in the past one month and up by 7.86% over the past three months. With a one year target estimate of $4.89 and RSI of 55.44, the stock still has upside potential, making it a hold for now.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.

 

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