Adam Park

Stocks in Review: Dominion Resources, Inc. (D), Discovery Communications, Inc. (DISCA), Masco Corporation (MAS)

Dominion Resources, Inc. (D) traded within a range of $72.4 to $73.38 after opening the day at $72.53. The company has seen its stock decrease in value by -4.32% so far this year. The stock was up close to 1.24% on active volume in last trading session and closed at $73.28 per share. After the recent gain, the stock is currently holding -5.46% below its 52 week high of $78.97 and 11.55% above its 12-month low of $67.58. The shares are up by over 3.82% in the last three months, and the RSI indicator value of 46.02 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Generation segment is involved in electricity generation through coal, nuclear, gas, oil, hydro, and renewable sources; and related energy supply operations. It also comprises generation operations of the company’s merchant fleet and energy marketing, and price risk management activities for its assets. The Dominion Energy segment engages in regulated natural gas distribution operations, gas transmission pipeline and storage operations, natural gas gathering and processing activities, and liquefied natural gas operations. As of December 31, 2015, the company’s portfolio of assets included approximately 24,300 megawatts of generating capacity; 6,500 miles of electric transmission lines; 57,300 miles of electric distribution lines; 12,200 miles of natural gas transmission, gathering, and storage pipelines; and 22,000 miles of gas distribution pipelines. It served approximately 5 million utility and retail energy customers in 14 states; and operated underground natural gas storage systems with approximately 933 billion cubic feet of storage capacity. In addition, the company sells electricity at wholesale prices to rural electric cooperatives, municipalities, and into wholesale electricity markets. Dominion Resources, Inc. was founded in 1909 and is headquartered in Richmond, Virginia.

Discovery Communications, Inc. (DISCA) managed to rebound with the stock climbing 0.28% or $0.08 to close the day at $28.57 on active trading volume of 3.03M shares, compared to its three month average trading volume of 2.72M. The Silver Spring Maryland 20910 based company has been outperforming the catv systems group over the past 52 weeks, with the stock gaining 11.51%, compared to the industry which has advanced 25.08% over the same period. With RSI of 55.16, the stock should still continue to rise and get closer to its one year target estimate of $27.8, making it a hold for now.

Discovery Communications, Inc. operates as a media company worldwide. The company operates through U.S. Networks, International Networks, and Education and Other segments. It owns and operates various television networks under the Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science Channel, Velocity, Discovery Family, American Heroes Channel, Destination America, Discovery Life, Oprah Winfrey Network, Eurosport, DMAX, and Discovery Kids brands, as well as other regional television networks. The company’s content spans genres, including survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids. It also develops and sells curriculum-based education products and services, such as an online suite of curriculum-based video on demand (VOD) tools, professional development services, and digital textbooks, as well as student assessments; and publishes hard copy curriculum-based content for K-12 schools. In addition, the company operates production studios that develop content for television service providers, as well as Websites. It provides content through various distribution platforms comprising pay-television, free-to-air and broadcast television, Websites, digital distribution arrangements, and content licensing agreements, as well as various platforms that include brand-aligned Websites, Web-native networks, on-line streaming, mobile devices, VOD, and broadband channels. As of December 31, 2016, the company operated approximately 400 distribution feeds in 40 languages internationally. Discovery Communications, Inc. is headquartered in Silver Spring, Maryland.

Masco Corporation (MAS) gained $0.23 to close the day at a new closing price of $33.67, a 0.69% increase in value from its previous closing price that moved the stock 33.09% above its 52 week low of $26.83. A total of 3.01M shares exchanged hands during the day compared with its three month average trading volume of 3.33M. The stock, which fluctuated between $33.31 and $33.75 during the day, currently situated -9.37% below its 52 week high. The stock is up by 4.89% in the past one month and up by 5.78% over the past three months. With a one year target estimate of $37.8 and RSI of 58.02, the stock still has upside potential, making it a hold for now.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products worldwide. Its Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools and systems, brass and copper plumbing system components, and other non-decorative plumbing products. The company’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paints, stains, and waterproofing products; cabinet, door, window, and hardware products; and functional hardware, wall plates, hook and rail products, and picture hanging accessories, as well as decorative bath hardware, shower accessories, and shower doors. The company’s Cabinetry Products segment offers assembled cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and integrated bathroom vanity and countertop products. Its Windows and Other Specialty Products segment provides vinyl, fiberglass, and aluminum windows and patio doors; vinyl windows, and composite and panel doors; and staple guns, hammer tackers, glue guns, and rivet tools, as well as staples, glues, and rivets. The company sells its products under DELTA, BRIZO, PEERLESS, HANSGROHE, AXOR, GINGER, NEWPORT BRASS, BRASSTECH, WALTEC, BRISTAN, HERITAGE, MIROLIN, HÜPPE, HOT SPRING, CALDERA, FREEFLOW SPAS, FANTASY SPAS, ENDLESS POOLS, BRASSCRAFT, PLUMB SHOP, COBRA, MASTER PLUMBER, BEHR, KILZ, LIBERTY, BRAINERD, FRANKLIN BRASS, KRAFTMAID, CARDELL, MERILLAT, QUALITY CABINETS, MOORES, ESSENCE SERIES, MILGARD, DURAFLEX, GRIFFIN, PREMIER, EVOLUTION, ARROW, POWERSHOT, and EASYSHOT brands. It offers its products through home center retailers, mass merchandisers, hardware stores, homebuilders, distributors, and other outlets to consumers and contractors, as well as directly to consumers. The company was founded in 1929 and is headquartered in Taylor, Michigan.

 

Stocks Trend Analysis: Fortress Investment Group LLC (FIG), Great Basin Scientific, Inc. (GBSN), Groupon, Inc. (GRPN)

Fortress Investment Group LLC (FIG) continued its upward trend with the stock climbing 28.66% or $1.78 to close the day at $7.99 on light trading volume of 151.45M shares, compared to its three month average trading volume of 979.51K. The New York New York 10105 based company has been outperforming the asset management group over the past 52 weeks, with the stock gaining 109.57%, compared to the industry which has advanced 32.86% over the same period. With RSI of 89.74, the stock should still continue to rise and get closer to its one year target estimate of $6.38, making it a hold for now.

Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities. It launches and manages hedge funds, balanced mutual funds, real estate funds, and private equity funds. It also invests in private equity specializing in control-oriented investments in cash flow generating, asset based businesses and also acquire assets or make debt investments. For private equity, it prefers to invest in financial services (particularly loan servicing and consumer finance, transportation & energy/infrastructure, gaming, real estate, leisure, media and telecommunications and senior living. It considers investments in North America and Western Europe for private equity. In distressed situations, the firm will seek to secure corporate ownership or control by working with a company’s board of directors or creditor’s committee. The firm invests in the public equity, the private equity, and alternative investment markets across the globe. It invests in distressed and undervalued assets and tangible and intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm’s alternative investments include investment in currency, commodity, real estate markets, and distressed real estate loan acquisitions. It employs value strategy to make its investments. The firm employs a fundamental analysis with bottom-up approach to create its investment portfolio. Fortress Investment Group LLC was founded in 1998 and is based in New York, New York with additional offices in United States, Europe, Asia, and Australia.

Great Basin Scientific, Inc. (GBSN) retreated with the stock falling 0% or $0 to close at $0 on active trading volume of 117.98M compared its three months average trading volume of 108M. The Salt Lake City Utah 84111 based company operating under the Medical Laboratories & Research industry has been trending down for the last 52 weeks, with the shares price now 0% down for the period and down by -20% so far this year. With price target of $1575840 and a 0% rebound from 52-week low, Great Basin Scientific, Inc. has plenty of upside potential, making it a hold with a view buy.

Great Basin Scientific, Inc., a molecular diagnostic testing company, develops and commercializes molecular diagnostic systems that are designed to test hospital-acquired infections. The company’s platform provides C. diff test, a rapid medical diagnostic test for the detection of C. diff, a gram-positive bacteria that causes severe diarrhea and other intestinal disorders. It also provides Group B streptococcus test, which is used to detect Group B streptococcus from an anal/vaginal swab of a pregnant woman. The company’s assays in clinical trials include Staphylococcus identification and resistance blood infection panel that is designed to identify species of staphylococcus infections, detect the mecA gene that confers drug resistance directly from positive blood cultures, and provide information on the antibiotic resistance profile of the bacteria; and Shiga toxin producing Escherichia coli (E. coli) test that identifies shiga toxin produced by E. coli. Its assays under development include Staphyloccocus aureus (SA) pre-surgical nasal screen, a rapid test for the presence of SA in the nasal passages of a pre-surgical patient; Stool bacterial pathogenic panel, which is designed to detect the causes of food poisoning; Candida blood infections panel that is designed to identify the five species of Candida directly from positive blood cultures; Pertussis test for contagious respiratory disease caused by the bacterium Bordetella pertussis; and CT/NG test for chlamydia tracomatis/neisseria gonorrhoeae. The company sells its diagnostic tests through a direct sales force in the United States, as well as through distributors in the European Union and New Zealand. The company was formerly known as Diagnostic Micro Arrays, Inc. and changed its name to Great Basin Scientific, Inc. in April 2006. Great Basin Scientific, Inc. is headquartered in Salt Lake City, Utah.

Groupon, Inc. (GRPN) continued its upward trend with the stock climbing 22.75% or $0.86 to close the day at $4.64 on higher than average trading volume of 82.9M shares, compared to its three month average trading volume of 11.95M. The Chicago Illinois 60654 based company has been outperforming the internet information providers companies by 15.8749% for last three months and its recent gains have pushed the stock slightly up 39.76% YTD, versus the internet information providers industry which is up 8.95% for the same period. The RSI of 84.86 indicates the stock is overbought at the current levels, sell for now.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

 

Investor’s Alert: TripAdvisor, Inc. (TRIP), Dynegy Inc. (DYN), The Wendy’s Company (WEN)

TripAdvisor, Inc. (TRIP) continued its upward trend with the stock climbing 0.98% or $0.51 to close the day at $52.7 on higher than average trading volume of 6.32M shares, compared to its three month average trading volume of 2.04M. The Needham Massachusetts 02494 based company has been outperforming the internet information providers companies by 7.8649% for last three months and its recent gains have pushed the stock slightly up 13.65% YTD, versus the internet information providers industry which is up 8.95% for the same period. The RSI of 58.32 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. Its travel research platform aggregates reviews and opinions about destinations, accommodations, activities and attractions, and restaurants for consumers to plan their trips, as well as enables to book hotels, vacation rentals, flights, activities and attractions, and restaurants. The company operates TripAdvisor-branded Websites, including tripadvisor.com in the United States; and localized versions of the Website in 47 countries. It also manages and operates 23 other media brands that provide travel planning resources across the travel sector comprising airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, everytrail.com, familyvacationcritic.com, flipkey.com, gateguru.com, holidaylettings.co.uk, holidaywatchdog.com, independenttraveler.com, jetsetter.com, thefork.com, niumba.com, onetime.com, oyster.com, seatguru.com, smartertravel.com, tingo.com, travelpod.com, tripbod.com, vacationhomerentals.com, viator.com, and virtualtourist.com. The company’s Websites feature 320 million reviews and opinions on 6.2 million places, including 995,000 hotels and accommodations; 770,000 vacation rentals; 3.8 million restaurants; and 625,000 attractions worldwide. TripAdvisor, Inc. was founded in 2000 and is headquartered in Needham, Massachusetts.

Dynegy Inc. (DYN) had a active trading with around 6.31M shares changing hands compared to its three month average trading volume of 3.27M. The stock traded between $8.66 and $9.39 before closing at the price of $9.25 with 7.31% change on the day. The Houston Texas 77002 based company is currently trading 31.95% above its 52 week low of $7.01 and -57.97% below its 52 week high of $22.01. Both the RSI indicator and target price of 52.32 and $13.31 respectively, lead us to believe that it should be put on hold over the coming weeks.

Dynegy Inc., through its subsidiaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 35 power plants in 8 states totaling approximately 26,000 megawatts of generating capacity. The company serves a range of customers, including regional transmission organizations, independent system operators, integrated utilities, municipalities, electric cooperatives, transmission and distribution utilities, and power marketers; financial participants, such as banks and hedge funds; and residential, commercial, and industrial end-users. Dynegy Inc. was founded in 1984 and is headquartered in Houston, Texas.

The Wendy’s Company (WEN) traded within a range of $14.08 to $14.47 after opening the day at $14.29. The company has seen its stock increase in value by 6.07% so far this year. The stock was up close to 0.35% on active volume in last trading session and closed at $14.34 per share. After the recent gain, the stock is currently holding -0.9% below its 52 week high of $14.47 and 60.24% above its 12-month low of $9.15. The shares are up by over 23.18% in the last three months, and the RSI indicator value of 66.95 is neither bullish nor bearish, tempting investors to stay on the sidelines.

The Wendy’s Company, through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide. It is involved in operating, developing, and franchising a system of quick-service restaurants. The company’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kids’ meals. As of November 9, 2016, its restaurant system included approximately 6,500 franchise and company-operated restaurants. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

 

Traders Recap: HRG Group, Inc. (HRG), Infinera Corporation (INFN), Flowers Foods, Inc. (FLO)

HRG Group, Inc. (HRG) continued its upward trend with the stock climbing 1.38% or $0.24 to close the day at $17.65 on higher than average trading volume of 3.95M shares, compared to its three month average trading volume of 1.23M. The New York New York 10022 based company has been outperforming the conglomerates companies by 18.3673% for last three months and its recent gains have pushed the stock slightly up 13.43% YTD, versus the conglomerates industry which is up 7.05% for the same period. The RSI of 76.35 indicates the stock is overbought at the current levels, sell for now.

HRG Group, Inc., through its subsidiaries, provides various branded consumer products. It operates through two segments, Consumer Products and Insurance. Its product portfolio includes consumer batteries, such as alkaline and zinc carbon batteries, nickel metal hydride rechargeable batteries, battery chargers, battery-powered portable lighting products, hearing aid batteries, and other specialty battery products; small appliances comprising small kitchen appliances and home product appliances; and personal care products, such as electric shaving and grooming products, and other personal care products. The company’s product portfolio also comprises hardware and home improvement products, including residential locksets, door hardware, and plumbing products; pet supplies consisting of aquatics, companion animals, and pet food products; home and garden improvement products, such as outdoor insect and weed control solutions, animal repellents, household pest control solutions, and personal use pesticides for protection from various outdoor nuisance pests; and auto care products, including automotive aftermarket appearance, performance chemicals, and do-it-yourself automotive air conditioner recharge products. The company sells its products through retailers, wholesalers and distributors, construction companies, hearing aid professionals, industrial distributors, and original equipment manufacturers in approximately 160 countries in the North America, Europe, the Middle East, Africa, Latin America, and the Asia-Pacific. In addition, it provides life insurance and annuity products through independent agents and managing general agents; and long-term reinsurance to specialty insurance sector of fixed, deferred, and payout annuities. The company was formerly known as Harbinger Group Inc. and changed its name to HRG Group, Inc. in March 2015. HRG Group, Inc. was founded in 1954 and is headquartered in New York, New York.

Infinera Corporation (INFN) had a active trading with around 3.92M shares changing hands compared to its three month average trading volume of 2.01M. The stock traded between $11.73 and $12.3 before closing at the price of $11.75 with -4.7% change on the day. The Sunnyvale California 94089 based company is currently trading 62.52% above its 52 week low of $7.23 and -31.04% below its 52 week high of $17.04. Both the RSI indicator and target price of 74.86 and $8.89 respectively, lead us to believe that it could drop over the coming weeks.

Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company offers Infinera DTN-X family of platforms for subsea, long-haul, regional, and metro mesh networks; Infinera DTN platform for subsea, long-haul, and regional mesh networks that support a range of Ethernet and optical transport network client interfaces; and Infinera FlexILS Line System platform that connects various Infinera platforms over long distance fiber optic cable. It also provides Infinera TM-Series, a carrier-grade packet-optical transport platform; Infinera TS-Series, a passive optical wavelength-division multiplexing (WDM) product; Infinera Cloud Xpress Platform, a compact platform for cloud/data center interconnect applications; and Infinera ATN Platform, a small form-factor WDM platform. In addition, the company offers Infinera Open Transport Switch, a software platform that enables abstraction and virtualization of the underlying Infinera platforms; and Infinera Management Suite, a network management system used by network operators to manage various Infinera platforms. Further, it provides various support services for vraious hardware and software products. The company serves communications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.

Flowers Foods, Inc. (FLO) traded within a range of $18.9 to $19.45 after opening the day at $19.03. The company has seen its stock decrease in value by -3.36% so far this year. The stock was up close to 1.63% on active volume in last trading session and closed at $19.3 per share. After the recent gain, the stock is currently holding -8.1% below its 52 week high of $21 and 37.35% above its 12-month low of $14.35. The shares are up by over 20.37% in the last three months, and the RSI indicator value of 39.55 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Flowers Foods, Inc. produces and markets bakery products in the United States. It operates through two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The DSD segment produces and markets fresh bakery foods, including fresh breads, buns, rolls, tortillas, and snack cakes. This segment offers its products under the Nature’s Own, Wonder, Whitewheat, Cobblestone Bread Company, Tastykake, Home Pride, Merita, Dave’s Killer Bread, Country Kitchen, and Roman Meal brand names, as well as markets franchised and licensed brands, such as Sunbeam, Bunny, and Holsum. It operates 39 bakeries, as well as sells its products through DSD route delivery model to retail and foodservice customers. The Warehouse Delivery segment produces snack cakes, breads, and rolls for national retail, foodservice, vending, and co-pack customers. It operates 10 bakeries. This segment markets its products under the Mrs. Freshley’s, European Bakers, Broad Street Bakery, and Alpine Valley Bread Company brand names. The company was formerly known as Flowers Industries and changed its name to Flowers Foods, Inc. in 2001. Flowers Foods, Inc. was founded in 1919 and is headquartered in Thomasville, Georgia.

 

Stocks To Track: World Fuel Services Corporation (INT), The Manitowoc Company, Inc. (MTW), Yelp Inc. (YELP)

World Fuel Services Corporation (INT) fell -14.64% during last trading as the stock lost $-6.64 to finish the day at $38.72 with about 3.11M shares changing hands, compared to its three month average trading volume of 359.12K. The $2.75B market cap company, which fluctuated between $37.58 and $42.99 during the day, currently situated -0.05% below its 52 week low of $37.58 and -23.79% away from its one year high of $51.01. The RSI of 22.95 indicates the stock is oversold at the current levels, buy for now.

World Fuel Services Corporation, a fuel logistics, transaction management, and payment processing company, distributes fuel and related products and services to the aviation, marine, and land transportation industries. It operates through three segments: Aviation, Marine, and Land. The Aviation segment offers fuel and related products and services to commercial airlines, second and third tier airlines, cargo carriers, regional and low cost carriers, airports, fixed based operators, corporate fleets, fractional operators, private aircraft, military fleets, and to the United States (U.S) and foreign governments, as well as intergovernmental organizations. Its aviation-related services include fuel management; price risk management; ground handling; dispatch services; and international trip planning services, such as flight plans, weather reports, and overflight permits. The Marine segment provides fuel, lubricants, and related products and services to international container and tanker fleets, commercial cruise lines, yachts and time charter operators, offshore rig owners and operators, the U.S. and foreign governments, and other fuel suppliers. Its marine fuel-related services include management services to procure fuel, cost control, quality control, and claims management services. This segment also offers fueling of vessels in ports and at sea, and transportation and delivery of fuel and fuel-related products. Its Land segment provides fuel, crude oil, lubricants, natural gas, and related products and services to petroleum distributors operating in the land transportation market; retail petroleum operators; and industrial, commercial, residential, and government customers. Its land-related services include management services to procure fuel and price risk management. The company also offers card payment solutions, merchant processing services, and payment solutions. World Fuel Services Corporation was founded in 1984 and is headquartered in Miami, Florida.

The Manitowoc Company, Inc. (MTW) gained $0.43 to close the day at a new closing price of $6.77, a 6.78% increase in value from its previous closing price that moved the stock 104.48% above its 52 week low of $3.31. A total of 3.09M shares exchanged hands during the day compared with its three month average trading volume of 1.95M. The stock, which fluctuated between $6.39 and $6.87 during the day, currently situated -10.57% below its 52 week high. The stock is up by 15.92% in the past one month and up by 30.19% over the past three months. With a one year target estimate of $5.56 and RSI of 58.43, the stock still has upside potential, making it a hold for now.

The Manitowoc Company, Inc. designs, manufactures, and sells cranes and related products worldwide. It offers lattice-boom cranes, including crawler and truck mounted lattice-boom cranes, and crawler crane attachments; tower cranes comprising top slewing, luffing jib, topless, and self-erecting tower cranes; mobile telescopic cranes, including rough terrain, all-terrain, truck mounted, and industrial cranes; and boom trucks, such as telescopic boom trucks under the Manitowoc, Grove, Potain, National Crane, and Shuttlelift brands. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand name. The company’s products are used in various applications, including energy and utilities; petrochemical and industrial projects; infrastructure development, such as road, bridge, and airport construction; and commercial and high-rise residential construction industries. The company was founded in 1853 and is based in Manitowoc, Wisconsin.

Yelp Inc. (YELP) had a active trading with around 3.09M shares changing hands compared to its three month average trading volume of 2.09M. The stock traded between $35.49 and $36.75 before closing at the price of $35.63 with -0.61% change on the day. The San Francisco California 94105 based company is currently trading 124.94% above its 52 week low of $17.37 and -17.92% below its 52 week high of $43.41. Both the RSI indicator and target price of 29.09 and $41.56 respectively, lead us to believe that it could rise over the coming weeks.

Yelp Inc. operates a platform that connects people with local businesses primarily in the United States. Its platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides free and paid business listing services to businesses of various sizes, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile app. It also provides other services, including Yelp platform, which allows consumers to transact directly on Yelp; Yelp deals that allow local business owners to create promotional discounted deals for their products and services; and gift certificates products for local business owners to sell full-price gift certificates directly to customers. The company’s Yelp platform enables consumers to complete food delivery transactions, book spa and salon appointments, order flowers, make winery reservations, and others. It also serves customers in Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Mexico, the Netherlands, New Zealand, Norway, the Philippines Poland, Portugal, Singapore, Spain, Sweden, Switzerland, Turkey, and the United Kingdom. The company was founded in 2004 and is headquartered in San Francisco, California.

 

3 Stocks in Focus: Och-Ziff Capital Management Group LLC (OZM), FLIR Systems, Inc. (FLIR), Cynosure, Inc. (CYNO)

Och-Ziff Capital Management Group LLC (OZM) fell -11.02% during last trading as the stock lost $-0.4 to finish the day at $3.23 with about 2.94M shares changing hands, compared to its three month average trading volume of 831.12K. The $583.63M market cap company, which fluctuated between $3.22 and $3.71 during the day, currently situated 21.89% above its 52 week low of $2.65 and -32.43% away from its one year high of $4.78. The RSI of 43.69 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Och-Ziff Capital Management Group LLC is a publicly owned hedge fund sponsor. The firm provides investment advisory services for its clients. It primarily caters to institutional investors which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices. The firm invests in equity and alternative markets across the world. It employs quantitative and qualitative analysis to make its investments. For its multi-strategy portfolios, the firm employs strategies like convertible and derivative arbitrage, corporate credit, long/short equity special situations, buyout investments, merger arbitrage, private investments, and structured credit. It also invests in real estate and traditional real estate assets including multifamily, office, hotel and retail, loans, portfolio acquisitions, loan pools, operating companies, structured debt products, public securities, and non-traditional real estate assets including gaming, distressed land and residential, cell towers, parking, golf, debt and senior housing. For private equity investments, it considers investments in a variety of special situations that seek to realize value through strategic sales or initial public offerings. The firm typically invests in the energy investments. It prefers to invest in United States. It also manages a buyout fund, Och-Ziff Energy Fund. Och-Ziff Capital Management Group LLC was founded in 1994 and is based New York City with additional offices in Houston, Texas, London, United Kingdom, Hong Kong, Tokyo, Japan, Bangalore, India, Singapore, and Beijing, China.

FLIR Systems, Inc. (FLIR) gained $2.78 to close the day at a new closing price of $36.93, a 8.14% increase in value from its previous closing price that moved the stock 31.13% above its 52 week low of $27.98. A total of 2.9M shares exchanged hands during the day compared with its three month average trading volume of 698.12K. The stock, which fluctuated between $34.36 and $37.14 during the day, currently situated -0.78% below its 52 week high. The stock is up by 4.77% in the past one month and up by 4.47% over the past three months. With a one year target estimate of $37.33 and RSI of 57.86, the stock still has upside potential, making it a hold for now.

FLIR Systems, Inc. designs, develops, manufactures, and markets thermal imaging, visible-light imaging systems, locater systems, measurement and diagnostic systems, and threat-detection solutions worldwide. The company operates in six segments: Surveillance, Instruments, OEM and Emerging Markets, Maritime, Security, and Detection. The Surveillance segment provides enhanced imaging and recognition solutions for various military, law enforcement, public safety, and other government customers for the protection of borders, troops, and public welfare. This segment also develops hand-held and weapon-mounted thermal imaging systems for use by consumers. The Instruments segment offer devices that image, measure, and assess thermal energy, gases, and other environmental elements for industrial, commercial, and scientific applications. The Security segment develops and manufactures cameras and video recording systems for use in commercial, critical infrastructure, and home monitoring applications. The OEM and Emerging Markets segment provides thermal imaging camera cores and components that are utilized by third parties to create thermal and other types of imaging systems. The segment also develops and manufactures intelligent traffic systems; imaging solutions for the smartphone and mobile devices market; and thermal imaging solutions for commercial-use unmanned aerial systems. The Maritime segment develops and manufactures electronics and imaging instruments for the recreational and commercial maritime market. The Detection segment offers sensors, instruments, and integrated platform solutions for the detection, identification, and suppression of chemical, biological, radiological, nuclear, and explosives threats for military force protection, homeland security, and commercial applications. The company markets its products to commercial and government customers. FLIR Systems, Inc. was founded in 1978 and is headquartered in Wilsonville, Oregon.

Cynosure, Inc. (CYNO) had a light trading with around 2.89M shares changing hands compared to its three month average trading volume of 890.35K. The stock traded between $65.9 and $66.5 before closing at the price of $66 with 0.11% change on the day. The Westford Massachusetts 01886 based company is currently trading 91.47% above its 52 week low of $37.32 and 0.08% above its 52 week high of $66.5. Both the RSI indicator and target price of 75.36 and $59.13 respectively, lead us to believe that it could drop over the coming weeks.

Cynosure, Inc. develops, manufactures, and markets aesthetic treatment systems for plastic surgeons, dermatologists, and other medical practitioners. The company’s aesthetic treatment systems utilize a range of energy sources, including Alexandrite, diode, Nd: YAG, pulse dye, Q-switched lasers, intense pulsed light, and radiofrequency (RF) technology. It offers Elite product line for hair removal, and treatment of facial and leg veins and pigmentations; SmartLipo product line for LaserBodySculpting for the removal of unwanted fat; Cellulaze product line for the treatment of cellulite; Cynergy product line for the treatment of vascular lesions; MedLite C6 and RevLite product lines for the removal of benign pigmented lesions, as well as multi-colored tattoos; and PicoSure product line for the treatment of tattoos, benign pigmented lesions, acne scars, fine lines, and wrinkles. The company also provides Icon aesthetic system for hair removal, wrinkle reduction, and scar and stretch mark treatment; Vectus diode laser for high volume hair removal; SculpSure hyperthermic laser treatment for LaserBodySculpting for non-invasive fat reduction; and MonaLisa Touch laser for gynecologic health. In addition, it markets radiofrequency energy sourced medical devices for precision surgical applications, such as facial plastic and general surgery, gynecology, ear, nose, and throat procedures, ophthalmology, oral and maxillofacial surgery, podiatry, and proctology. The company sells its products through a direct sales force in the United States, Canada, France, Morocco, Germany, Spain, the United Kingdom, Australia, China, Japan, and South Korea, as well as through independent distributors in approximately 120 countries. Cynosure, Inc. was founded in 1991 and is headquartered in Westford, Massachusetts.

 

Stocks To Track: Bioverativ Inc. (BIVV), Vista Outdoor Inc. (VSTO), RH (RH)

Bioverativ Inc. (BIVV) fell -0.92% during last trading as the stock lost $-0.41 to finish the day at $44.1 with about 2.58M shares changing hands, compared to its three month average trading volume of 8.25M. The $4.65B market cap company, which fluctuated between $43.64 and $44.97 during the day, currently situated 5.3% above its 52 week low of $41.88 and -4.96% away from its one year high of $46.4. The RSI of 0 indicates the stock is oversold at the current levels, buy for now.

Bioverativ Inc., a biotechnology company, focuses on the research, discovery, development, and commercialization of therapies for the treatment of hemophilia and other blood disorders in the United States and Japan. The company offers ELOCTATE, an antihemophilic factor (recombinant) Fc fusion protein; and ALPROLIX, a coagulation factor IX (recombinant) Fc fusion protein for the treatment of hemophilia A and B. It markets and sells its products to specialty distributors, specialty pharmacies, hemophilia treatment centers, public and private hospitals, and other government entities. The company has collaboration with Swedish Orphan Biovitrum AB (publ) to develop and commercialize ELOCTATE and ALPROLIX worldwide. The company was incorporated in 2016 and is headquartered in Waltham, Massachusetts. Bioverativ Inc. operates independently of Biogen Inc. as of February 1, 2017.

Vista Outdoor Inc. (VSTO) dropped $-0.06 to close the day at a new closing price of $20.31, a -0.29% decrease in value from its previous closing price that moved the stock 2.99% above its 52 week low of $19.72. A total of 2.57M shares exchanged hands during the day compared with its three month average trading volume of 1.41M. The stock, which fluctuated between $20.01 and $20.43 during the day, currently situated -62.33% below its 52 week high. The stock is down by -28.84% in the past one month and down by -47.4% over the past three months. With a one year target estimate of $33.25 and RSI of 19.21, the stock still has upside potential, making it a buy for now.

Vista Outdoor Inc. designs, manufactures, and markets consumer products for the outdoor sports and recreation markets worldwide. The company’s Shooting Sports segment designs, develops, produces, and sources ammunition for the hunting and sport shooting enthusiast markets, as well as for local law enforcement, the United States government, and international markets under the Federal Premium, Speer, American Eagle, Blazer, CCI, Estate Cartridge, Stevens, Fusion, Savage Arms, Savage Range Systems, Force on Force, and Independence brands; and provides firearms products, such as centerfire rifles, rimfire rifles, shotguns, and range systems. Its Outdoor Products segment offers archery/hunting accessories, such as hunting arrows, game calls, hunting blinds, game cameras, and waterfowl decoys; eyewear and sport protection products comprising safety and protective eyewear, fashion and sports eyewear, and helmets; golf products, including laser rangefinders; and hydration products consisting of hydration packs and water bottles. This segment also offers optics products, such as binoculars, riflescopes, and telescopes; shooting accessories, including reloading equipment, clay targets, and premium gun care products; tactical products comprising holsters, duty gear, bags, and packs; and water sports products, such as stand up paddle boards. It provides its products under the Alliant Powder, Bee Stinger, BLACKHAWK!, Bollé, Bushnell, Butler Creek, CamelBak, Cébé, Champion Target, Eagle, Final Approach, Gold Tip, GunMate, Gunslick Pro, Hoppe’s, Jimmy Styks, M-Pro 7, Millett, Night Optics, Outers, Primos, RCBS, Redfield, Serengeti, Simmons, Stoney Point, Tasco, Uncle Mike’s, and Weaver brand names. The company sells its products to outdoor enthusiasts, hunters and recreational shooters, athletes, and law enforcement and military professionals through various mass, specialty, and independent retailers. The company was incorporated in 2014 and is headquartered in Farmington, Utah.

RH (RH) had a active trading with around 2.57M shares changing hands compared to its three month average trading volume of 2.16M. The stock traded between $27 and $28.97 before closing at the price of $27.82 with 4.27% change on the day. The Corte Madera California 94925 based company is currently trading 13.97% above its 52 week low of $24.41 and -49.89% below its 52 week high of $54.54. Both the RSI indicator and target price of 51.22 and $37.64 respectively, lead us to believe that it should be put on hold over the coming weeks.

RH, together with its subsidiaries, engages in the retail of home furnishings. It offers products in various categories, such as furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company sells products through its stores and catalogs, as well as through its Websites, such as restorationhardware.com, rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com. As of October 29, 2016, it operated 85 retail galleries that include 51 legacy galleries, 6 larger format design galleries, 7 next generation design galleries, 1 RH modern gallery, and 5 RH baby & child galleries throughout the United States and Canada; 15 Waterworks showrooms in the United States and the United Kingdom; and 28 outlet stores. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was founded in 1979 and is headquartered in Corte Madera, California.

 

Stocks on the Move: ACADIA Pharmaceuticals Inc. (ACAD), Agenus Inc. (AGEN), Pulmatrix, Inc. (PULM)

ACADIA Pharmaceuticals Inc. (ACAD) failed to extend gains with the stock declining -0.55% or $-0.22 to close the day at $39.47 on light trading volume of 2.24M shares, compared to its three month average trading volume of 2.4M. The San Diego California 92130 based company has been outperforming the biotechnology group over the past 52 weeks, with the stock gaining 91.42%, compared to the industry which has advanced 0.95% over the same period. With RSI of 73.99, the stock should still continue to rise and get closer to its one year target estimate of $42.25, making it a hold for now.

ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders. Its lead product candidate, NUPLAZID, has completed the Phase III pivotal trials for the treatment of Parkinson’s disease psychosis and the Phase II trial for the treatment of schizophrenia, as well as is in Phase II study for the treatment of Alzheimer’s disease psychosis. It also has clinical-stage programs for glaucoma and, in collaboration with Allergan, Inc., for chronic pain. ACADIA Pharmaceuticals Inc. was founded in 1993 and is headquartered in San Diego, California.

Agenus Inc. (AGEN) climbed 1.59% during last trading as the stock added $0.07 to finish the day at $4.47 with about 2.24M shares changing hands, compared to its three month average trading volume of 1.11M. The $384.15M market cap company, which fluctuated between $4.35 and $4.65 during the day, currently situated 68.68% above its 52 week low of $2.65 and -40.32% away from its one year high of $7.49. The RSI of 64.29 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Agenus Inc., an immuno-oncology company, focuses on the discovery and development of treatments that engage the body’s immune system for patients suffering with cancer. The company offers Retrocyte Display, an antibody discovery platform that screens and generates therapeutic antibody drug candidates using a high-throughput approach incorporating human antibody libraries expressed in mammalian B-lymphocytes. It is also developing Prophage, a heat shock protein-based autologous vaccine, which has completed Phase II clinical trials for the treatment of glioblastoma; and QS-21 Stimulon, a saponin-based vaccine adjuvant that has completed Phase III clinical trials for the treatment of malaria and shingles. The company’s preclinical development products include AutoSynVax, a neo-antigen based vaccine targeting the neo-epitope landscape in cancer patients; PhosphoSynVax, a vaccine candidate designed to induce immunity against a novel class of tumor specific neo-epitopes; and checkpoint modulator product candidates targeting GITR, OX40, CTLA-4, LAG-3, TIM-3, PD-1, CEACAM1, and other undisclosed targets. The company was formerly known as Antigenics Inc. and changed its name to Agenus Inc. in January 2011. Agenus Inc. was founded in 1994 and is headquartered in Lexington, Massachusetts.

Pulmatrix, Inc. (PULM) saw its value increase by 0.24% as the stock gained $0.01 to finish the day at a closing price of $4.11. The stock was lighter in trading and has fluctuated between $0.5-$6.98 per share for the past year. The shares, which traded within a range of $4.05 to $4.44 during the day, are up by 351.65% in the past three months and up by 115.18% over the past six months. It is currently trading 30.79% above its 20 day moving average and 149.32% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $15 a share over the next twelve months. The current relative strength index (RSI) reading is 60.06. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Pulmatrix, Inc., a clinical stage biopharmaceutical company, engages in developing inhaled therapies to address serious pulmonary diseases using its inhaled Small Particles Easily Respirable and Emitted (iSPERSE) technology. The company’s proprietary product pipeline focuses on advancing treatments for rare diseases, including PUR1900, an inhaled anti-fungal for patients with cystic fibrosis, as well as PUR1500, an inhaled product for the treatment of idiopathic pulmonary fibrosis. It is also developing PUR0200, a branded generic in clinical development for chronic obstructive pulmonary disease. The company has collaboration with Capsugel to develop inhaled therapeutics to treat serious pulmonary diseases. Pulmatrix, Inc. was founded in 2003 and is headquartered in Lexington, Massachusetts.

 

Stocks Trending Alert: Tableau Software, Inc. (DATA), Tahoe Resources Inc. (TAHO), Galena Biopharma, Inc. (GALE)

Tableau Software, Inc. (DATA) saw its value increase by 1.72% as the stock gained $0.93 to finish the day at a closing price of $55.01. The stock was higher in trading and has fluctuated between $39.07-$62.53 per share for the past year. The shares, which traded within a range of $53.86 to $55.2 during the day, are up by 19.59% in the past three months and up by 1.4% over the past six months. It is currently trading 10.64% above its 20 day moving average and 18.71% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.74 a share over the next twelve months. The current relative strength index (RSI) reading is 76.53.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Tableau Software, Inc. provides business analytics software products. It offers Tableau Desktop, a self-service analytics product that empowers people to access and analyze data independently; and Tableau Server, a business intelligence platform with data management, scalability, and security to foster sharing of analytics, as well as to improve the dissemination of information across an organization and promote improved decision-making. The company also provides Tableau Online, a hosted SaaS version of Tableau Server; and Tableau Public, a cloud-based platform that allows users of various backgrounds, such as bloggers, journalists, researchers, and government workers to visualize public data on their Websites. In addition, it offers Vizable, an iOS application that turns data into graphs, as well as allows it to be shared from an iPad; and maintenance and support, training, and professional services. It offers its products and services to organizations in various industries, including business services, energy and telecommunications, financial services, life sciences and healthcare, manufacturing and technology, media and entertainment, public sector, education, retail, consumer, and distribution industries. The company sells its products directly, as well as through indirect sales channels, such as technology vendors, resellers, original equipment manufacturers, and independent software vendor partners in the United States, Australia, Canada, China, France, Germany, India, Ireland, Japan, Singapore, the United Kingdom, and internationally. Tableau Software, Inc. was founded in 2003 and is headquartered in Seattle, Washington.

Tahoe Resources Inc. (TAHO) shares were down in last trading by -2.31% to $8.9. It experienced lighter than average volume on day. The stock decreased in value by almost -6.02% over the past week and fell -2.94% in the past month. It is currently trading -4.4% below its 50 day moving average and -27.24% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -47.68% decrease in value from its one year high of $17.01. The RSI indicator value of 46.38, lead us to believe that it is a hold for now.

Tahoe Resources Inc., together with its subsidiaries, explores, develops, and operates mines in the Americas. The company primarily produces copper, gold, silver, lead/zinc, and natural gas and petroleum. It holds interest in the Escobal mine property comprising 29.1 million tons of proven and probable mineral reserves located in southeast Guatemala; La Arena mine property, which consist of 80.3 million tons of proven and probable mineral reserves located in northern Perú; and Shahuindo mine comprising 111.9 million tons of proven and probable mineral reserves located in northern Perú. The company was formerly known as CKM Resources Inc. and changed its name to Tahoe Resources Inc. in January 2010. Tahoe Resources Inc. was incorporated in 2009 and is headquartered in Reno, Nevada.

Galena Biopharma, Inc. (GALE) traded within a range of $0.74 to $0.7879 after opening the day at $0.78. The company has seen its stock decrease in value by -60.43% so far this year. The stock was down close to -2.84% on light volume in last trading session and closed at $0.77 per share. After the recent fall, the stock is currently holding -98.46% below its 52 week high of $49.802 and 6.61% above its 12-month low of $0.72. The shares are down by over -78.32% in the last three months, and the RSI indicator value of 26.42 is bullish. They are not pointing to a rebound in the stock. We should get in as it looks to have found a bottom.

Galena Biopharma, Inc., a biopharmaceutical company, focuses on developing and commercializing oncology therapeutics that address major unmet medical needs. The company’s lead product candidate, NeuVax (nelipepimut-S), is in Phase III clinical trials for the prevention of recurrence in early- stage and node-positive breast cancer with low to intermediate human epidermal growth factor receptor (HER2) expression; Phase IIb clinical trials in combination with Herceptin for HER2 1+/2+ node-positive and high-risk node-negative breast cancer treatment; and Phase II clinical trials in combination with trastuzumab for node positive and negative HER2 IHC 3+ patients. It also develops GALE-301 (folate binding protein), which is in Phase IIa clinical trials for the prevention of recurrence in patients with ovarian and endometrial cancers; GALE-302, a version of the E39 peptide that is in Phase 1b clinical trial for investigating a novel vaccination series; and GALE-401 (anagrelide controlled release), which is in a Phase II clinical trial for the treatment of patients with myeloproliferative neoplasms to lower elevated platelet levels. Galena Biopharma, Inc. has strategic development and commercialization partnership with Dr. Reddy’s Laboratories Ltd. for NeuVax in breast and gastric cancers. The company was formerly known as RXi Pharmaceuticals Corporation and changed its name to Galena Biopharma, Inc. in September 2011. Galena Biopharma, Inc. was founded in 2003 and is based in San Ramon, California.

 

3 Stocks in Focus: Planet Fitness, Inc. (PLNT), Corium International, Inc. (CORI), Wheeler Real Estate Investment Trust, Inc. (WHLR)

Planet Fitness, Inc. (PLNT) climbed 0.43% during last trading as the stock added $0.09 to finish the day at $21.25 with about 1.96M shares changing hands, compared to its three month average trading volume of 821.02K. The $2.1B market cap company, which fluctuated between $20.72 and $21.32 during the day, currently situated 81.05% above its 52 week low of $13.35 and -3.7% away from its one year high of $25.1. The RSI of 55.12 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Planet Fitness, Inc., through its subsidiaries, franchises and operates fitness centers. It operates through three segments: Franchise, Corporate-owned stores, and Equipment. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, and the Dominican Republic. The Corporate-owned stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores. As of July 18, 2016, the company had 1,100 owned and franchised stores in 47 states, including the District of Columbia, Puerto Rico, the Dominican Republic, and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Newington, New Hampshire.

Corium International, Inc. (CORI) gained $0.27 to close the day at a new closing price of $3.19, a 9.25% increase in value from its previous closing price that moved the stock 19.42% above its 52 week low of $2.67. A total of 1.95M shares exchanged hands during the day compared with its three month average trading volume of 82.43K. The stock, which fluctuated between $2.95 and $3.3 during the day, currently situated -61.7% below its 52 week high. The stock is down by -17.14% in the past one month and down by -46.83% over the past three months. With a one year target estimate of $11.6 and RSI of 39.38, the stock still has upside potential, making it a hold for now.

Corium International, Inc., a biopharmaceutical company, focuses on the development, manufacture, and commercialization of specialty pharmaceutical products in transdermal and transmucosal delivery systems. It offers Clonidine Transdermal Delivery System (TDS), a treatment for hypertension; Fentanyl TDS, a treatment for the management of chronic pain, including cancer-related pain; and Crest Whitestrips for teeth whitening. The company’s products under pipeline comprise Twirla, a combination hormonal contraceptive patch, that has completed Phase III clinical trial to deliver ethinyl estradiol and levonorgestrel hormones; MicroCor hPTH(1-34), a transdermal system that has completed Phase 1 and Phase II a clinical trial for the treatment of severe osteoporosis; and Donepezil and Memantine transdermal systems, which completed Phase I clinical trial for the treatment of Alzheimer’s disease. In addition, it develops Aripiprazole TDS for the treatment for psychiatric disorders; Ropinirole TDS that is in preclinical stage for the treatment of Parkinson’s disease; MicroCor Zolmitriptan that is in preclinical stage for treatment of migraine; and generic transdermal product for the prevention of nausea and vomiting associated with motion sickness. Corium International, Inc. has collaboration agreements primarily with The Procter & Gamble Company; Teva Pharmaceuticals USA, Inc.; Endo Pharmaceuticals, Inc.; Agile Therapeutics, Inc.; and Aequus Pharmaceuticals, Inc. The company was incorporated in 1995 and is headquartered in Menlo Park, California.

Wheeler Real Estate Investment Trust, Inc. (WHLR) had a light trading with around 1.94M shares changing hands compared to its three month average trading volume of 259.88K. The stock traded between $1.69 and $1.72 before closing at the price of $1.7 with 0% change on the day. The Virginia Beach Virginia 23452 based company is currently trading 54.55% above its 52 week low of $1.1 and -12.82% below its 52 week high of $1.95. Both the RSI indicator and target price of 58.21 and $2.44 respectively, lead us to believe that it should be put on hold over the coming weeks.

Wheeler Real Estate Investment Trust, Inc. engages in acquiring, financing, developing, leasing, owning, and managing real estate properties in the mid-Atlantic, southeast, and southwest United States. It acquires strip centers, neighborhood, grocery-anchored, community, and free-standing retail properties. The company leases its properties to national and regional retailers. As of June 30, 2011, its portfolio had a total gross leasable area of 368,865 square feet. The company was founded in 2011 and is headquartered in Virginia Beach, Virginia.