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Stocks in Review: Netflix, Inc. (NFLX), Xcel Energy Inc. (XEL), BB&T Corporation (BBT)

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Netflix, Inc. (NFLX) traded within a range of $139.05 to $141.04 after opening the day at $140.61. The company has seen its stock increase in value by 12.44% so far this year. The stock was down close to -1.12% on light volume in last trading session and closed at $139.2 per share. After the recent fall, the stock is currently holding -2.97% below its 52 week high of $143.46 and 74.11% above its 12-month low of $79.95. The shares are up by over 12.9% in the last three months, and the RSI indicator value of 62.86 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. The company operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. It offer members with the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices. The company also provides DVDs-by-mail membership services. It serves approximately 93 million streaming members in 190 countries. Netflix, Inc. was founded in 1997 and is headquartered in Los Gatos, California.

Xcel Energy Inc. (XEL) managed to rebound with the stock climbing 1.87% or $0.76 to close the day at $41.39 on active trading volume of 3.45M shares, compared to its three month average trading volume of 2.61M. The Minneapolis Minnesota 55401 based company has been outperforming the electric utilities group over the past 52 weeks, with the stock gaining 8.99%, compared to the industry which has advanced 6.81% over the same period. With RSI of 60.51, the stock should still continue to rise and get closer to its one year target estimate of $61.12, making it a hold for now.

Xcel Energy Inc., through its subsidiaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil and refuse, and wind energy sources. It also purchases, transports, distributes, and sells natural gas. In addition, the company develops and leases natural gas pipelines, and storage and compression facilities; and invests in rental housing projects. It serves residential, commercial, and industrial customers in the portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy Inc. was founded in 1909 and is based in Minneapolis, Minnesota.

BB&T Corporation (BBT) dropped $-0.14 to close the day at a new closing price of $45.81, a -0.3% decrease in value from its previous closing price that moved the stock 56.63% above its 52 week low of $29.95. A total of 3.45M shares exchanged hands during the day compared with its three month average trading volume of 5.45M. The stock, which fluctuated between $45.41 and $45.94 during the day, currently situated -4.26% below its 52 week high. The stock is down by -2.49% in the past one month and up by 18.27% over the past three months. With a one year target estimate of $48.52 and RSI of 45.65, the stock still has upside potential, making it a hold for now.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

 

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