Stocks Highlights: Flowserve Corporation (FLS), 8×8, Inc. (EGHT), TherapeuticsMD, Inc. (TXMD)

Flowserve Corporation (FLS) had a active trading with around 2.01M shares changing hands compared to its three month average trading volume of 1.25M. The stock traded between $50.63 and $51.25 before closing at the price of $51.2 with 0.53% change on the day. The Irving Texas 75039 based company is currently trading 31.36% above its 52 week low of $39.13 and -1.73% below its 52 week high of $52.5. Both the RSI indicator and target price of 58.32 and $48.64 respectively, lead us to believe that it should be put on hold over the coming weeks.

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related services, as well as manufactures gas-lubricated mechanical seals used in high-speed compressors. The IPD segment provides pre-configured engineered pumps and pump systems, and related products and services, including submersible motors and specialty products. The FCD segment offers industrial valve and automation solutions comprising isolation and control valves, actuation, controls, and related equipment; and energy management products, such as steam traps, boiler controls and condensate, and energy recovery systems. Its products are used to control, direct, and manage the flow of liquids and gases. The company also offers aftermarket equipment services consisting of installation, advanced diagnostics, repair, and retrofitting. It primarily serves oil and gas, chemical, power generation, and water management markets, as well as general industries that include mining and ore processing, pharmaceuticals, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was founded in 1912 and is headquartered in Irving, Texas.

8×8, Inc. (EGHT) continued its downward trend with the stock declining -1% or $-0.15 to close the day at $14.85 on light trading volume of 1.99M shares, compared to its three month average trading volume of 631.62K. The San Jose California 95131 based company has been outperforming the diversified communication services group over the past 52 weeks, with the stock gaining 35.62%, compared to the industry which has dropped -2.47% over the same period. With RSI of 39.56, the stock should still continue to rise and get closer to its one year target estimate of $18.2, making it a hold for now.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company operates in two segments, Americas and Europe. The company’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform. It provides 8×8 Virtual Office, a voice as a service with a robust business feature set; 8×8 Virtual Office Pro software that enables employees and workgroups to communicate with each other using chat or text messages sent via the short message service; 8×8 Virtual Contact Center, a voice, chat, voicemail, and e-mail call center. The company integrates its services with third-party applications and platforms, including enterprise resource planning, customer relations management, human capital management, and other proprietary application suites. It markets its services to end users through direct sales force, Website, and channel partners. The company serves approximately 45,700 business customers. 8×8, Inc. was founded in 1987 and is headquartered in San Jose, California.

TherapeuticsMD, Inc. (TXMD) shares were up in last trading by 0.51% to $5.89. It experienced lighter than average volume on day. The stock decreased in value by almost -0.67% over the past week and grew 2.61% in the past month. It is currently trading -0.14% below its 50 day moving average and -15.54% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -36.6% decrease in value from its one year high of $9.29. The RSI indicator value of 55.88, lead us to believe that it is a hold for now.

TherapeuticsMD, Inc. operates as a women’s health care product company. The company manufactures and distributes prescription and over-the-counter product lines, including prenatal vitamins, iron supplements, and natural menopause relief products under the vitaMedMD brand, as well as generic formulations of its prescription prenatal vitamins products under the BocaGreenMD Prena1 name. Its pipeline of hormone therapy drug candidates include TX-001HR, a combination of estradiol and progesterone drug candidate under clinical trials for the treatment of moderate to severe vasomotor symptoms due to menopause; TX-002HR, a natural progesterone formulation for the treatment of secondary amenorrhea without the potentially allergenic component of peanut oil; and TX-004HR, an applicator-free vaginal estradiol softgel drug candidate for the treatment of vulvar and vaginal atrophy in post-menopausal women with vaginal linings that do not receive enough estrogen. The company markets its products primarily through a direct national sales force to health care providers in the OB/GYN market space, as well as directly through its Website. TherapeuticsMD, Inc. was founded in 2008 and is headquartered in Boca Raton, Florida.

 

Trending Stocks in Review: CDK Global Inc (NASDAQ:CDK), Post Properties Inc (NYSE:PPS), 8×8, Inc. (NASDAQ:EGHT)

CDK Global Inc (NASDAQ:CDK) increased 0.02% during last trading as the stock added $0.01 to finish the day at $57.66 with about 985,630.00 shares changing hands, compared to its three month average trading volume of 863,804.00. The $8.66B market cap company, which fluctuated between $57.15 and $57.88 during the day, currently situated 46.15% above its 52 week low of $39.45 and -4.04% away from its one year high of $60.09. The RSI of 49.50 indicates the stock is overbought at the current levels, sell for now. CDK Global, Inc. is a provider of integrated information technology and digital marketing/advertising solutions to the automotive retail industry. The Company’s segments are Automotive Retail North America (ARNA), Automotive Retail International (ARI) and Digital Marketing (DM).

Post Properties Inc (NYSE:PPS) gained $0.45 to close the day at a new closing price of $66.63, a 0.68% increase in value from its previous closing price that moved the stock 30.01% above its 52 week low of $51.25. A total of 981,311.00 shares exchanged hands during the day compared with its three month average trading volume of 698,470.00. The stock, which fluctuated between $65.80 and $66.65 during the day, currently situated -3.98% below its 52 week high. The stock is up by 6.01% in the past one month and up by 11.63% over the past three months. With a one year target estimate of $61.65 and RSI of 64.55, the stock still has upside potential, making it a hold for now. Post Properties, Inc. is a self-administrated and self-managed equity real estate investment trust (REIT). The Company’s segments include Fully stabilized (same store) communities, which includes apartment communities that have been stabilized for both the current and prior year.

8×8, Inc. (NASDAQ:EGHT) had a light trading with around 962,060.00 shares changing hands compared to its three month average trading volume of 789,909.00. The stock traded between $13.16 and $13.50 before closing at the price of $13.49 with 0.60% change on the day. The company is currently trading 83.54% above its 52 week low of $7.35 and -13.14% below its 52 week high of $15.53. Both the RSI indicator and target price of 44.85 and $17.33 respectively, lead us to believe that it could drop over the coming weeks. 8×8, Inc. provides cloud-based, enterprise-class software solutions. The Company’s solutions are delivered through Software as a Service (SaaS) business model. Its segments include Americas and Europe.

Trader’s Round Up: 8×8 Inc. (EGHT), Hudson Pacific Properties, Inc. (HPP), California Resources Corporation (CRC)

8×8 Inc. (EGHT) retreated with the stock falling -4.71% or $-0.68 to close at $13.75 on light trading volume of 3.98M compared its three months average trading volume of 682.47K. The San Jose California 95131 based company operating under the Diversified Communication Services industry has been trending up for the last 52 weeks, with the shares price now 61.2% up for the period and up by 20.09% so far this year. With price target of $17.33 and a 87.07% rebound from 52-week low, 8×8 Inc. has plenty of upside potential, making it a hold with a view buy.

8×8, Inc. provides cloud-based, enterprise-class software solutions for small and medium businesses, mid-market, and distributed enterprises worldwide. The company operates in two segments, Americas and Europe. The company’s pure-cloud offering combines voice, conferencing, messaging, and video with integrated workflows and big data analytics on a single platform. It provides 8×8 Virtual Office, a voice as a service with a robust business feature set; 8×8 Virtual Office Pro software that enables employees and workgroups to communicate with each other using chat or text messages sent via the short message service; 8×8 Virtual Contact Center, a voice, chat, voicemail, and e-mail call center. The company integrates its services with third-party applications and platforms, including enterprise resource planning, customer relations management, human capital management, and other proprietary application suites. It markets its services to end users through direct sales force, Website, and channel partners. The company serves approximately 45,700 business customers. 8×8, Inc. was founded in 1987 and is headquartered in San Jose, California.

Hudson Pacific Properties, Inc. (HPP) gained $0.47 to close the day at a new closing price of $33.81, a 1.41% increase in value from its previous closing price that moved the stock 50.6% above its 52 week low of $22.77. A total of 3.98M shares exchanged hands during the day compared with its three month average trading volume of 1.26M. The stock, which fluctuated between $33.24 and $33.85 during the day, currently situated 1.2% above its 52 week high. The stock is up by 18.09% in the past one month and up by 16.39% over the past three months. With a one year target estimate of $35.5 and RSI of 83.95, the stock still has upside potential, making it a sell for now.

Hudson Pacific Properties, Inc. operates as a vertically integrated real estate trust (REIT) in the United States. It engages in owning, operating, and acquiring office, and media and entertainment properties primarily in Northern and Southern California in Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley, and the East Bay. As of March 31, 2011, it owned a portfolio of 15 office properties; and 2 media and entertainment properties in California comprising approximately 4.4 million square feet. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company is based in Los Angeles, California.

California Resources Corporation (CRC) shares were up in last trading by 3.22% to $10.26. It experienced higher than average volume on day. The stock decreased in value by almost -11.01% over the past week and fell -22.86% in the past month. It is currently trading -26.55% below its 50 day moving average and -48.33% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -80.08% decrease in value from its one year high of $51.5. The RSI indicator value of 38.4, lead us to believe that it is a hold for now.

California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in approximately 2.4 million net acres. As of December 31, 2015, it had net proved reserves of 644 million barrels of oil equivalent. It also gathers, processes, and markets oil and gas products to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. In addition, the company generates and sells electricity to the grid and to others through contractual agreements. California Resources Corporation is headquartered in Los Angeles, California.

Stocks Buzz: Traders Alert: Infinera (INFN), Corning (GLW), 8×8 (NASDAQ:EGHT), I

8×8, Inc. (NASDAQ:EGHT) climbed 3.40% during last trading as the stock added $0.48 to finish the day at $14.61 with about 1.11M shares changing hands, compared to its three month average trading volume of 793,391.00. The $ 1.35B market cap company, which fluctuated between $14.00 and $14.62 during the day, currently situated 98.78% above its 52 week low of $7.35 and 0.76% away from its one year high of $14.50. The RSI of 63.67 indicates the stock is overbought at the current levels, sell for now.

8×8, Inc. (8×8) offers Software as a Service (SaaS) communication solution. The Company is engaged in business cloud communications and development and use of Internet protocol voice, video and data communication technologies in a true SaaS model.

Infinera Corp. (NASDAQ:INFN) gained $0.37 to close the day at a new closing price of $11.28, a 3.39% increase in value from its previous closing price that moved the stock 11.57% above its 52 week low of $10.11. A total of 2.66M shares exchanged hands during the day compared with its three month average trading volume of 2.56M. The stock, which fluctuated between $10.77 and $11.29 during the day, currently situated -55.31% below its 52 week high. The stock is down by -14.61% in the past one month and down by -28.70% over the past three months. With a one year target estimate of $17.83 and RSI of 43.42, the stock still has upside potential, making it a hold for now.

Infinera Corporation is a provider of optical transport networking systems to service providers. The Company operates through optical transport networking systems segment.

Corning Incorporated (NYSE:GLW) had a light trading with around 9.74M shares changing hands compared to its three month average trading volume of 8.83M. The stock traded between $19.90 and $20.56 before closing at the price of $20.48 with 3.38% change on the day. The company is currently trading 36.55% above its 52 week low of $15.00 and -3.85% above its 52 week high of $21.30. Both the RSI indicator and target price of 55.67 and $20.73 respectively, lead us to believe that it could drop over the coming weeks.

Corning Incorporated (Corning) is engaged in the manufacture of specialty glass and ceramics. The Company operates in five segments: Display Technologies, which manufactures glass substrates; Optical Communications, which is engaged in providing optical solutions; Environmental Technologies, which manufactures ceramic substrates and filter products; Specialty Materials, which manufactures products that provide over 150 material formulations for glass, glass ceramics and fluoride crystals, and Life Sciences segment, which is a developer, manufacturer and supplier of scientific laboratory products.