3 Trending Stocks: Office Depot, Inc. (ODP), Memorial Production Partners LP (MEMP), Zayo Group Holdings, Inc. (ZAYO)

Office Depot, Inc. (ODP) continued its upward trend with the stock climbing 0.44% or $0.02 to close the day at $4.56 on light trading volume of 3.31M shares, compared to its three month average trading volume of 6.38M. The Boca Raton Florida 33496 based company has been underperforming the specialty retail, other group over the past 52 weeks, with the stock losing -11.03%, compared to the industry which has advanced 41.74% over the same period. With RSI of 53.9, the stock should still continue to rise and get closer to its one year target estimate of $4.99, making it a hold for now.

Office Depot, Inc., together with its subsidiaries, supplies office products and services. It operates in three segments: North American Retail, North American Business Solutions, and International. The company sells office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture. It also offers copy and print services. The company sells its products and services to consumers and businesses through office supply stores, a contract sales force, Internet sites, an outbound telephone account management sales force, direct marketing catalogs, and call centers, as well as participates under licensing and merchandise arrangements in Latin America, Europe, Israel, and Japan. As of December 26, 2015, it operated 1,564 stores in the United States, including Puerto Rico and the U.S. Virgin Islands; and 147 stores in France, South Korea, Sweden, New Zealand, and Australia. The company offers its products under various labels, including Office Depot, OfficeMax, Foray, Ativa, TUL, Realspace, WorkPro, Brenton Studio, Highmark, Grand & Toy, and Viking Office Products. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.

Memorial Production Partners LP (MEMP) climbed 6.26% during last trading as the stock added $0.01 to finish the day at $0.15 with about 3.3M shares changing hands, compared to its three month average trading volume of 3.46M. The $13.1M market cap company, which fluctuated between $0.133 and $0.165 during the day, currently situated 25.83% above its 52 week low of $0.123 and -95.14% away from its one year high of $3.21. The RSI of 31.21 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Zayo Group Holdings, Inc. (ZAYO) saw its value increase by 2.18% as the stock gained $0.67 to finish the day at a closing price of $31.42. The stock was higher in trading and has fluctuated between $22.72-$35.65 per share for the past year. The shares, which traded within a range of $30.69 to $31.61 during the day, are down by -1.75% in the past three months and up by 10.56% over the past six months. It is currently trading -0.13% below its 20 day moving average and -2.63% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $36.07 a share over the next twelve months. The current relative strength index (RSI) reading is 48.32. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Zayo Group Holdings, Inc., through its subsidiaries, provides bandwidth infrastructure solutions for the communications industry in the United States, Canada, and Europe. The company operates in five segments: Dark Fiber Solutions, Network Connectivity, Colocation and Cloud Infrastructure, Zayo Canada, and Other. The Dark Fiber Solutions segment provides dark fiber, and fiber-to-the-tower and small cell mobile infrastructure services for carriers and other communication service providers, Internet service providers, wireless service providers, media and content companies, large enterprises, and other companies. The Network Connectivity segment offers bandwidth infrastructure solutions comprising wavelength, Ethernet, Internet protocol, and SONET services through its metro, regional, and long-haul fiber networks for carriers, financial services companies, healthcare, government institutions, education institutions, and other enterprises. The Colocation and Cloud Infrastructure segment provides data center infrastructure solutions, including colocation, interconnection, cloud, hosting, and managed services to a range of enterprise, carrier, content, and cloud customers. The Zayo Canada segment offers dark fiber, network connectivity, cloud and colocation infrastructure, voice, unified communications, and managed security services for small and medium business customers. The Other segment provides network and technical resources to customers in designing, acquiring, and maintaining their networks. The company was founded in 2007 and is headquartered in Boulder, Colorado.

 

Stocks To Watch: H&R Block, Inc. (HRB), Amkor Technology, Inc. (AMKR), Memorial Production Partners LP (MEMP)

H&R Block, Inc. (HRB) traded within a range of $21.13 to $21.46 after opening the day at $21.2. The company has seen its stock decrease in value by -6.79% so far this year. The stock was up close to 1.37% on light volume in last trading session and closed at $21.43 per share. After the recent gain, the stock is currently holding -36.75% below its 52 week high of $35.14 and 15.06% above its 12-month low of $19.18. The shares are down by over -3.15% in the last three months, and the RSI indicator value of 32.77 is neither bullish nor bearish, tempting investors to stay on the sidelines.

H&R Block, Inc., through its subsidiaries, provides tax preparation and other services to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees; and develops and markets do-it-yourself (DIY) online income tax preparation software solutions. It also provides a range of online tax services, including preparation of federal and state income tax returns; review of tax returns by a tax professional; access to tax tips, advice, and tax-related news; use of calculators for tax planning; and error checking and electronic filing. In addition, the company develops and markets DIY desktop income tax preparation software solutions through third-party retail stores and direct mail, as well as online; and develops and provides applications for mobile devices, which offer tax preparation and related services. Further, it provides refund anticipation checks, H&R Block Emerald Advance lines of credit and Prepaid MasterCard, Peace of Mind Extended Service Plan, Tax Identity Shield, and Cash Back refund discount programs. H&R Block, Inc. was founded in 1946 and is headquartered in Kansas City, Missouri.

Amkor Technology, Inc. (AMKR) continued its upward trend with the stock climbing 1.51% or $0.15 to close the day at $10.07 on light trading volume of 1.41M shares, compared to its three month average trading volume of 1.54M. The Tempe Arizona 85284 based company has been outperforming the semiconductor – integrated circuits group over the past 52 weeks, with the stock gaining 80.47%, compared to the industry which has advanced 42.43% over the same period. With RSI of 48.73, the stock should still continue to rise and get closer to its one year target estimate of $8.5, making it a hold for now.

Amkor Technology, Inc. provides outsourced semiconductor packaging and test services in the United States and internationally. The company offers turnkey packaging and test services, including semiconductor wafer bumps, wafer probes, wafer backgrinds, package design, packaging, and test and drop shipment services. Its packages employ wirebond, flip chip, and copper clip interconnect technologies. The company also provides semiconductor testing services, such as wafer testing or probe, and final test services; flip chip chip scale package products for use in smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory, and as applications processors in mobile devices; flip chip ball grid array (BGA) products for various networking, storage, computing, and consumer applications; and flip chip molded BGA packages. In addition, it offers leadframe packages that are used in electronic devices for low to medium pin count applications; substrate-based wirebond packages that are used to connect a die to a substrate; micro-electro-mechanical systems packages that are miniaturized mechanical and electro-mechanical devices; and system-in-package modules, which are used in RF and front end modules, baseband processing, connectivity, fingerprint sensors, display and touch screen drivers, sensors and MEMS, and NAND memory and solid state drives. The company primarily serves integrated device manufacturers, fabless semiconductor companies, and contract foundries, as well as communications, consumer, networking, computing, and automotive and industrial markets. Amkor Technology, Inc. was founded in 1968 and is headquartered in Tempe, Arizona.

Memorial Production Partners LP (MEMP) dropped $0 to close the day at a new closing price of $0.17, a 0.59% increase in value from its previous closing price that moved the stock 42.5% above its 52 week low of $0.12. A total of 1.4M shares exchanged hands during the day compared with its three month average trading volume of 3.55M. The stock, which fluctuated between $0.165 and $0.175 during the day, currently situated -94.49% below its 52 week high. The stock is up by 22.14% in the past one month and down by -58.29% over the past three months. With a one year target estimate of $1.23 and RSI of 34.9, the stock still has upside potential, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

 

3 Stocks in Focus: DeVry Education Group Inc. (DV), Memorial Production Partners LP (MEMP), Regulus Therapeutics Inc. (RGLS)

DeVry Education Group Inc. (DV) fell -0.6% during last trading as the stock lost $-0.2 to finish the day at $33.3 with about 1.32M shares changing hands, compared to its three month average trading volume of 934.35K. The $2.09B market cap company, which fluctuated between $32.88 and $33.7 during the day, currently situated 118.12% above its 52 week low of $15.36 and -3.42% away from its one year high of $34.47. The RSI of 58.46 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

DeVry Education Group Inc. provides educational services worldwide. It operates through three segments: Medical and Healthcare; International and Professional Educational; and Business, Technology and Management. The Medical and Healthcare segment operates American University of the Caribbean School of Medicine and Ross University School of Medicine, which provide medical education; and Ross University School of Veterinary Medicine that offers veterinary education. It also operates Chamberlain College of Nursing, which provides pre and post-licensure bachelor’s, master’s, and doctorate degree programs in nursing through campus, online, and blended formats; and the Carrington College that offers degree and diploma programs primarily in health care, dental, and veterinary career fields. The International and Professional Educational segment operates approximately 13 institutions that offer undergraduate and graduate programs primarily focused in business, management, medical, healthcare, law, and engineering, as well as legal bar exam review courses and review courses for tests required for diplomatic careers. This segment also operates Becker Professional Education, which provides professional education serving the accounting, finance, project management, and healthcare professions. The Business, Technology and Management segment operates DeVry University that offer career-oriented master’s, bachelor’s, and associate degree and certificate programs in technology, science, business, and the arts. The company was formerly known as DeVry Inc. and changed its name to DeVry Education Group Inc. in November 2013. DeVry Education Group Inc. was founded in 1931 and is headquartered in Downers Grove, Illinois.

Memorial Production Partners LP (MEMP) gained $0.01 to close the day at a new closing price of $0.18, a 3.87% increase in value from its previous closing price that moved the stock 49.92% above its 52 week low of $0.123. A total of 1.32M shares exchanged hands during the day compared with its three month average trading volume of 3.64M. The stock, which fluctuated between $0.16 and $0.18 during the day, currently situated -94.21% below its 52 week high. The stock is up by 49.92% in the past one month and down by -67.87% over the past three months. With a one year target estimate of $1.23 and RSI of 37.14, the stock still has upside potential, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Regulus Therapeutics Inc. (RGLS) had a light trading with around 1.32M shares changing hands compared to its three month average trading volume of 736.20K. The stock traded between $1.2 and $1.25 before closing at the price of $1.25 with 4.17% change on the day. The San Diego California 92121 based company is currently trading 19.05% above its 52 week low of $1.05 and -85.96% below its 52 week high of $8.9. Both the RSI indicator and target price of 21.55 and $8.6 respectively, lead us to believe that it could rise over the coming weeks.

Regulus Therapeutics Inc., a biopharmaceutical company, focuses on the discovery and development of drugs that target RNAs to treat a range of diseases in the United States. The company uses its microRNA product platform to develop anti-miRs, which are chemically modified and single-stranded oligonucleotides. Its clinical development products include RG-101, a GalNAc-conjugated anti-miR targeting miR-122 to treat patients with hepatitis C virus infection; RG-012, an anti-miR targeting microRNA-21 for the treatment of Alport syndrome; and RG-125, a GalNAc-conjugated anti-miR targeting microRNA-103/107 to treat nonalcoholic steatohepatitis in patients with type 2 diabetes/pre-diabetes. The company has strategic alliance with GSK to discover and develop microRNA therapeutics for immuno-inflammatory diseases; Sanofi to discover and develop microRNA therapeutics for fibrotic diseases; AstraZeneca AB to discover and develop microRNA therapeutics for cardiovascular diseases, metabolic diseases, and oncology; and Biogen Inc. to evaluate the use of microRNA signatures as a biomarker for human patients with various sclerosis. Regulus Therapeutics Inc. was founded in 2007 and is headquartered in San Diego, California.

 

Momentum Stocks: Memorial Production Partners LP (MEMP), CONSOL Energy Inc. (CNX), Coca-Cola European Partners Plc (CCE)

Memorial Production Partners LP (MEMP) retreated with the stock falling -15.07% or $-0.04 to close at $0.18 on light trading volume of 2.94M compared its three months average trading volume of 3.65M. The Houston Texas 77002 based company operating under the Independent Oil & Gas industry has been trending down for the last 52 weeks, with the shares price now -89.89% down for the period and up by 52.17% so far this year. With price target of $1 and a 52.17% rebound from 52-week low, Memorial Production Partners LP has plenty of upside potential, making it a hold with a view buy.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

CONSOL Energy Inc. (CNX) had a light trading with around 2.94M shares changing hands compared to its three month average trading volume of 3.84M. The stock traded between $18.56 and $19.76 before closing at the price of $19.51 with 5.23% change on the day. The Canonsburg Pennsylvania 15317 based company is currently trading 252.02% above its 52 week low of $6.04 and -12.67% below its 52 week high of $22.34. Both the RSI indicator and target price of  and $22.33 respectively, lead us to believe that it could rise over the coming weeks.

CONSOL Energy Inc., together with its subsidiaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from approximately 436,000 net Marcellus Shale acres; and controls approximately 119,000 net acres of Utica Shale potential in eastern Ohio, as well as controls 113,000 net acres in Southwestern Pennsylvania and Northern West Virginia that contain the rights to the natural gas in Utica Shale; and owns rights to extract coalbed methane (CBM) in Virginia from approximately 268,000 net CBM acres, which cover a portion of its coal reserves in Central Appalachia. It also owns shallow oil and gas acreage position approximately 825,000 net acres in Illinois, Indiana, Kentucky, West Virginia, Pennsylvania, Virginia, and New York; various acres that have Upper Devonian potential; 116,000 net acres of Chattanooga Shale; and 380,000 net acres of Huron Shale potential in Kentucky, West Virginia, and Virginia, as well as provides midstream gas services. The Coal division engages in mining, preparation, and marketing of thermal coal primarily to power generators, and metallurgical coal to metal and coke producers. The company also provides energy services, including coal terminal services, water services, and land resource management services. CONSOL Energy Inc. was founded in 1864 and is headquartered in Canonsburg, Pennsylvania.

Coca-Cola European Partners Plc (CCE) saw its value increase by 0.88% as the stock gained $0.3 to finish the day at a closing price of $34.55. The stock was higher in trading and has fluctuated between $30.55-$54.54 per share for the past year. The shares, which traded within a range of $34.23 to $35.06 during the day, are down by -8.16% in the past three months and down by -8.32% over the past six months. It is currently trading 7.14% above its 20 day moving average and 5.78% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $38.42 a share over the next twelve months. The current relative strength index (RSI) reading is 71.43.The technical indicator do not lead us to believe the stock will see more gains any time soon.

Coca-Cola European Partners plc, a consumer packaged goods company, produces, distributes, and markets a range of non-alcoholic ready-to-drink beverages in Europe. The company was founded in 2015 and is headquartered in Uxbridge, United Kingdom. Coca-Cola European Partners plc is a subsidiary of The Coca-Cola Company.

 

Stocks Alert: QVC Group (QVCA), Fred’s, Inc. (FRED), Memorial Production Partners LP (MEMP)

QVC Group (QVCA) grew with the stock adding 0.32% or $0.06 to close at $18.85 on light trading volume of 2.28M compared its three months average trading volume of 3.13M. The Englewood Colorado 80112 based company operating under the Catalog & Mail Order Houses industry has been trending down for the last 52 weeks, with the shares price now -25.41% down for the period and down by -5.66% so far this year. With price target of $30 and a 5.43% rebound from 52-week low, QVC Group has plenty of upside potential, making it a hold with a view buy.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

Fred’s, Inc. (FRED) dropped $-0.59 to close the day at a new closing price of $15, a -3.78% decrease in value from its previous closing price that moved the stock 91.31% above its 52 week low of $7.89. A total of 2.28M shares exchanged hands during the day compared with its three month average trading volume of 1.45M. The stock, which fluctuated between $14.75 and $15.42 during the day, currently situated -31.1% below its 52 week high. The stock is down by -25.71% in the past one month and up by 70.37% over the past three months. With a one year target estimate of $18.3 and RSI of 43.76, the stock still has upside potential, making it a hold for now.

Fred’s, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. The company, through its stores, offers household cleaning supplies, health and beauty aids, disposable diapers, pet foods, paper products, various food and beverage products, and pharmaceuticals to low, middle, and fixed income families in small- to medium- sized towns. It also sells general merchandise to franchised Fred’s stores. As of January 30, 2016, the company operated 641 company-owned stores, which included 60 express stores in 15 states and 18 franchised stores under the Fred’s name, as well as 372 pharmacies and 3 specialty pharmacy facilities primarily in the southeastern United States. It also operates 18 franchised stores under the Fred’s name. Fred’s, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee.

Memorial Production Partners LP (MEMP) shares were down in last trading by -2.27% to $0.22. It experienced lighter than average volume on day. The stock decreased in value by almost -6.52% over the past week and fell -53.26% in the past month. It is currently trading -40.84% below its 50 day moving average and -85.26% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -93.08% decrease in value from its one year high of $3.21. The RSI indicator value of 45.33, lead us to believe that it is a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

 

3 Trending Stocks: MetLife, Inc. (MET), Teladoc, Inc. (TDOC), Memorial Production Partners LP (MEMP)

MetLife, Inc. (MET) failed to extend gains with the stock declining -0.07% or $-0.04 to close the day at $54.02 on light trading volume of 4.82M shares, compared to its three month average trading volume of 6.48M. The New York New York 10166 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 32.65%, compared to the industry which has advanced 28.85% over the same period. With RSI of 47.28, the stock should still continue to rise and get closer to its one year target estimate of $60.46, making it a hold for now.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and worksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLife, Inc. was founded in 1863 and is based in New York, New York.

Teladoc, Inc. (TDOC) climbed 8.24% during last trading as the stock added $1.4 to finish the day at $18.4 with about 4.81M shares changing hands, compared to its three month average trading volume of 366.59K. The $826.16M market cap company, which fluctuated between $17.85 and $19.3 during the day, currently situated 102.64% above its 52 week low of $9.08 and -5.59% away from its one year high of $19.53. The RSI of 60.38 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Teladoc, Inc. provides telehealth services to its members and their customers in the United States. Its solution connects consumers with its physicians and behavioral health professionals that treat a range of conditions and cases, including acute diagnoses, such as upper respiratory infection, urinary tract infection, and sinusitis; dermatological conditions; anxiety; and smoking cessation. The company offers its services through mobile devices, the Internet, video, and phone. Teladoc, Inc. was founded in 2002 and is based in Purchase, New York.

Memorial Production Partners LP (MEMP) saw its value decrease by -12.93% as the stock dropped $-0.03 to finish the day at a closing price of $0.24. The stock was higher in trading and has fluctuated between $0.123-$3.21 per share for the past year. The shares are down by -84.33% in the past three months and down by -85.87% over the past six months. It is currently trading 4.49% above its 20 day moving average and -37.11% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $0 a share over the next twelve months. The current relative strength index (RSI) reading is 47.21. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

 

Stocks in Review: Laredo Petroleum, Inc. (LPI), Memorial Production Partners LP (MEMP), New York Community Bancorp, Inc. (NYCB)

Laredo Petroleum, Inc. (LPI) traded within a range of $13.11 to $13.92 after opening the day at $13.3. The company has seen its stock decrease in value by -5.09% so far this year. The stock was up close to 0.37% on active volume in last trading session and closed at $13.42 per share. After the recent gain, the stock is currently holding -18.52% below its 52 week high of $16.47 and 244.1% above its 12-month low of $3.9. The shares are up by over 0.83% in the last three months, and the RSI indicator value of 39.33 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Laredo Petroleum, Inc. operates as an independent energy company in the United States. It focuses on the acquisition, exploration, and development of oil and natural gas properties, as well as the transportation of oil and natural gas primarily in the Permian Basin in West Texas. As of December 31, 2015, it had interests in the 135,408 net acres in the Permian Basin; and had total proved reserves of 125,698 thousand barrels of oil equivalent. The company was formerly known as Laredo Petroleum Holdings, Inc. and changed its name to Laredo Petroleum, Inc. in December 2013. Laredo Petroleum, Inc. was founded in 2006 and is headquartered in Tulsa, Oklahoma.

Memorial Production Partners LP (MEMP) continued its upward trend with the stock climbing 5.51% or $0.01 to close the day at $0.27 on active trading volume of 4.43M shares, compared to its three month average trading volume of 3.47M. The Houston Texas 77002 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -82.54%, compared to the industry which has advanced 65.15% over the same period. With RSI of 50.57, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas. On January 16, 2017, Memorial Production Partners LP, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

New York Community Bancorp, Inc. (NYCB) gained $0.14 to close the day at a new closing price of $15.74, a 0.9% increase in value from its previous closing price that moved the stock 15.18% above its 52 week low of $13.74. A total of 4.43M shares exchanged hands during the day compared with its three month average trading volume of 4.45M. The stock, which fluctuated between $15.5 and $15.75 during the day, currently situated -10.97% below its 52 week high. The stock is down by -7.85% in the past one month and up by 15.04% over the past three months. With a one year target estimate of $16.45 and RSI of 44.79, the stock still has upside potential, making it a hold for now.

New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts. Its loan portfolio comprises one-to-four family loans; multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans. The company also provides installment loans, revolving lines of credit, and insurance products, as well as cash management, online and phone banking, and ATM services. It serves small and mid-size businesses, professional associations, and government agencies, as well as consumers. The company serves its customers through a network of 227 Community Bank branches, 30 Commercial Bank branches, and 273 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is based in Westbury, New York.

 

Trader’s Buzzers: Memorial Production Partners LP (MEMP), Southwestern Energy Company (SWN), Huntington Bancshares Incorporated (HBAN)

Memorial Production Partners LP (MEMP) traded within a range of $0.2 to $0.28. The company has seen its stock increase in value by 91.67% so far this year. The stock was down close to -5.74% on active volume in last trading session and closed at $0.23 per share. After the recent fall, the stock is currently holding -92.59% below its 52 week high of $3.21 and 91.67% above its 12-month low of $0.12. The shares are down by over -85.16% in the last three months, and the RSI indicator value of 45.34 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Southwestern Energy Company (SWN) continued its downward trend with the stock declining -0.59% or $-0.06 to close the day at $10.04 on light trading volume of 10.9M shares, compared to its three month average trading volume of 16.65M. The Spring Texas 77389 based company has been outperforming the independent oil & gas group over the past 52 weeks, with the stock gaining 51.43%, compared to the industry which has advanced 51.17% over the same period. With RSI of 42.02, the stock should still continue to rise and get closer to its one year target estimate of $13.64, making it a hold for now.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Huntington Bancshares Incorporated (HBAN) gained $0.15 to close the day at a new closing price of $13.47, a 1.13% increase in value from its previous closing price that moved the stock 76.89% above its 52 week low of $7.83. A total of 10.81M shares exchanged hands during the day compared with its three month average trading volume of 14.68M. The stock, which fluctuated between $13.36 and $13.67 during the day, currently situated -0.81% below its 52 week high. The stock is up by 2.27% in the past one month and up by 39.42% over the past three months. With a one year target estimate of $14.47 and RSI of 61.01, the stock still has upside potential, making it a hold for now.

Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company’s Retail and Business Banking segment offers financial products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management and institutional sales, trading, and underwriting services; commercial property and casualty, employee benefits, personal lines, life and disability, and specialty lines of insurance; and brokerage and agency services for residential and commercial title insurance, as well as excess and surplus product lines of insurance. The company’s Automobile Finance and Commercial Real Estate segment offers financing for the purchase of vehicles; financing the acquisition of new and used vehicle inventory of franchised automotive dealerships; and financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, and other banking services; wealth management services, and retirement plan and corporate trust services; and brokerage, annuities, advisory, and other investment products. The company’s Home Lending segment offers consumer loans and mortgages. Huntington Bancshares Incorporated also provides equipment leasing; and online, mobile, and telephone banking services. The company was founded in 1866 and is headquartered in Columbus, Ohio.

 

3 Trending Stocks: Memorial Production Partners LP (MEMP), Chesapeake Energy Corporation (CHK), General Electric Company (GE)

Memorial Production Partners LP (MEMP) managed to rebound with the stock climbing 84.99% or $0.11 to close the day at $0.24 on active trading volume of 30.67M shares, compared to its three month average trading volume of 2.51M. The Houston Texas 77002 based company has been underperforming the independent oil & gas group over the past 52 weeks, with the stock losing -85.76%, compared to the industry which has advanced 57.03% over the same period. With RSI of 46.44, the stock should still continue to rise and get closer to its one year target estimate of $0, making it a hold for now.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Chesapeake Energy Corporation (CHK) climbed 0.14% during last trading as the stock added $0.01 to finish the day at $6.93 with about 30.52M shares changing hands, compared to its three month average trading volume of 53.34M. The $6.3B market cap company, which fluctuated between $6.87 and $7.07 during the day, currently situated 362% above its 52 week low of $1.5 and -15.49% away from its one year high of $8.2. The RSI of 50.27 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

General Electric Company (GE) saw its value decrease by -0.25% as the stock dropped $-0.08 to finish the day at a closing price of $31.39. The stock was lighter in trading and has fluctuated between $27.1-$33 per share for the past year. The shares, which traded within a range of $31.13 to $31.47 during the day, are up by 9.43% in the past three months and down by -2.32% over the past six months. It is currently trading -0.71% below its 20 day moving average and 1.83% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $34 a share over the next twelve months. The current relative strength index (RSI) reading is 49.1. The technical indicator lead us to believe there will be no major movement any time soon, hold.

General Electric Company (GE) operates as an infrastructure and financial services company worldwide. Its Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. The company’s Renewable Energy segment offers wind turbine platforms, and hardware and software; offshore wind turbines; and solutions, products, and services to hydropower industry. Its Oil and Gas segment offers turbomachinery solutions; surface and subsea drilling and production systems, and equipment for floating production platforms; measurement and control products; and compressors, pumps, valves, and natural gas solutions. The company’s Energy Management segment offers industrial and grid solutions, and power conversion systems. Its Aviation segment designs and produces commercial and military aircraft engines, integrated digital components, electric power, and mechanical aircraft systems; and offers aftermarket services. The company’s Healthcare segment offers diagnostic imaging and clinical systems; products for drug discovery, biopharmaceutical manufacturing, and cellular technologies; and healthcare information technology products. Its Transportation segment offers freight and passenger locomotives, parts, wreck repair, software-enabled solutions, mining equipment and services, marine diesel engines, and stationary power diesel engines and motors, as well as overhaul, repair, and upgrade services. GE’s Appliances & Lighting segment sells and services home appliances; and manufactures, sources, and sells lighting solutions. Its Capital segment offers commercial lending and leasing, factoring, energy financial, and aircraft financing and leasing services. GE also designs powder bed-based laser additive manufacturing machines. The company was founded in 1892 and is headquartered in Fairfield, Connecticut.

 

Investor’s Alert: Community Health Systems, Inc. (CYH), Memorial Production Partners LP (MEMP), Coach, Inc. (COH)

Community Health Systems, Inc. (CYH) failed to extend gains with the stock declining -1.91% or $-0.12 to close the day at $6.15 on lower than average trading volume of 2.61M shares, compared to its three month average trading volume of 5.55M. The Franklin Tennessee 37067 based company has been outperforming the hospitals companies by -43.8154% for last three months and its recent losses have trimmed gains to 10.02% YTD, versus the hospitals industry which is down -11.98% for the same period. The RSI of 60.51 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies. In addition, it offers management and consulting services to non-affiliated general acute care hospitals. As of February 15, 2016, the company owned, leased, or operated 195 affiliated hospitals in 29 states with approximately 30,000 licensed beds. Community Health Systems, Inc. was founded in 1985 and is headquartered in Franklin, Tennessee.

Memorial Production Partners LP (MEMP) had a active trading with around 2.61M shares changing hands compared to its three month average trading volume of 2.42M. The stock traded between $0.123 and $0.14 before closing at the price of $0.13 with 3.08% change on the day. The Houston Texas 77002 based company is currently trading 11.67% above its 52 week low of $0.12 and -95.68% below its 52 week high of $3.21. Both the RSI indicator and target price of 30.21 and $0 respectively, lead us to believe that it should be put on hold over the coming weeks.

Memorial Production Partners LP, through its subsidiary, Memorial Production Operating LLC, engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Texas, Louisiana, Colorado, Wyoming, and offshore Southern California. As of December 31, 2015, its total estimated proved reserves were approximately 1,268 billion cubic feet of natural gas equivalent. Memorial Production Partners GP LLC serves as the general partner of Memorial Production Partners LP. The company was founded in 2011 and is headquartered in Houston, Texas.

Coach, Inc. (COH) traded within a range of $35.04 to $35.66 after opening the day at $35.39. The company has seen its stock increase in value by 1.48% so far this year. The stock was up close to 0.71% on light volume in last trading session and closed at $35.54 per share. After the recent gain, the stock is currently holding -17.23% below its 52 week high of $43.71 and 22.44% above its 12-month low of $30.06. The shares are down by over -1.94% in the last three months, and the RSI indicator value of 47.5 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Coach, Inc. provides luxury accessories and lifestyle brands. It offers handbags, money pieces, wristlets and cosmetic cases, key rings, and charms for women; and business cases, computer bags, messenger-style bags, backpacks, totes, wallets, card cases, belts, time management, electronic accessories, and ready-to-wear for men. The company also provides footwear; seasonal lifestyle apparel collections, including outerwear and ready-to-wear, and cold weather accessories, such as gloves, scarves, and hats; jewelry consisting of bracelets, necklaces, rings, and earrings made with sterling silver, leather, and non-precious metals; sunglasses; watches; and fragrances comprising eau de perfume sprays, eau de toilette sprays, purse sprays, and body lotions. In addition, it offers weekend and travel accessories, travel bags, and other lifestyle products. Further, the company holds licensing rights to market and distribute footwear, eyewear, watches, and fragrances under the Coach brand name. It markets its products to consumers through a network of company-operated stores, including Internet in North America; and Coach-operated stores and concession shop-in-shops in Japan, Mainland China, Hong Kong, Macau, Singapore, Taiwan, Malaysia, South Korea, the United Kingdom, France, Ireland, Spain, Portugal, Germany, Italy, Austria, Belgium, the Netherlands, and Switzerland. The company also sells its products to wholesale customers and distributors in approximately 55 countries. As of July 2, 2016, it operated 228 Coach retail stores and 204 Coach outlet leased stores; and 522 Coach-operated concession shop-in-shops within department stores, retail, and outlet stores, as well as 75 Stuart Weitzman stores. Coach, Inc. was founded in 1941 and is headquartered in New York, New York.