Momentum Stocks: Valley National Bancorp (VLY), Urban Outfitters, Inc. (URBN), Toll Brothers, Inc. (TOL)

Valley National Bancorp (VLY) grew with the stock adding 1.6% or $0.19 to close at $12.03 on light trading volume of 1.86M compared its three months average trading volume of 2.4M. The Wayne New Jersey 07470 based company operating under the Regional – Northeast Banks industry has been trending up for the last 52 weeks, with the shares price now 43.27% up for the period and up by 3.35% so far this year. With price target of $12.36 and a 49.04% rebound from 52-week low, Valley National Bancorp has plenty of upside potential, making it a hold with a view buy.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Urban Outfitters, Inc. (URBN) had a light trading with around 1.85M shares changing hands compared to its three month average trading volume of 2.89M. The stock traded between $26.57 and $27.21 before closing at the price of $26.87 with 0.79% change on the day. The Philadelphia Pennsylvania 19112 based company is currently trading 15.72% above its 52 week low of $23.9 and -34.14% below its 52 week high of $40.8. Both the RSI indicator and target price of  and $32.82 respectively, lead us to believe that it could rise over the coming weeks.

Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. It operates through two segments, Retail and Wholesale. The company retails women’s and men’s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear and gear, and electronics, as well as a mix of apartment wares and gifts for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including women’s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand. It also offers a collection of heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie, and decorations under the Bhldn brand; and lifestyle home and garden products, antiques, live plants, flowers, wellness products, and accessories under the Terrain brand, as well as operates Terrain garden centers that offer full service restaurant and coffee bar services. In addition, the company operates Free People retail stores that provide merchandise mix of casual women’s apparel, intimates, shoes, accessories, activewear, home products, and gifts for women aged 25 to 30. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers. As of March 7, 2016, the company operated 240 Urban Outfitters stores; and 218 Anthropologie Group stores comprising Anthropologie, Bhldn, and Terrain brands in the United States, Canada, and Europe, as well as 114 Free People stores in the United States and Canada. It also engages in the wholesale business under the Free People brand that designs, develops, and markets young women’s contemporary casual apparel and shoes to approximately 1,800 specialty stores and select department stores worldwide. The company was founded in 1970 and is based in Philadelphia, Pennsylvania.

Toll Brothers, Inc. (TOL) saw its value decrease by -0.1% as the stock dropped $-0.03 to finish the day at a closing price of $31.17. The stock was lighter in trading and has fluctuated between $24.32-$33.48 per share for the past year. The shares, which traded within a range of $30.67 to $31.24 during the day, are up by 13.39% in the past three months and up by 11.6% over the past six months. It is currently trading -0.99% below its 20 day moving average and -0.66% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $36.31 a share over the next twelve months. The current relative strength index (RSI) reading is 44.51.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets under the Toll Brothers City Living name. In addition, the company develops, owns, and operates golf courses and country clubs that are associated with various master planned communities; develops and sells land to other builders; and develops, operates, and rents apartments. The company serves move-up, empty-nester, active-adult, age-qualified, and second-home buyers in 19 states in the United States. Toll Brothers, Inc. was founded in 1967 and is headquartered in Horsham, Pennsylvania.

 

Stocks Buzz: Deckers Outdoor Corporation (DECK), Valley National Bancorp (VLY), Arrow Electronics, Inc. (ARW)

Deckers Outdoor Corporation (DECK) continued its downward trend with the stock declining -2.66% or $-1.23 to close the day at $44.99 on light trading volume of 1.71M shares, compared to its three month average trading volume of 943.68K. The Goleta California 93117 based company has been underperforming the textile – apparel footwear & accessories group over the past 52 weeks, with the stock losing -5.9%, compared to the industry which has dropped -1.1% over the same period. With RSI of 18.09, the stock should still continue to rise and get closer to its one year target estimate of $61.93, making it a hold for now.

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers luxurious comfort footwear, handbags, apparel, home, and cold weather accessories under the UGG brand name; casual sandals, shoes, and boots under the Teva brand name; and action sport footwear under the Sanuk brand name. The company also provides outdoor performance and lifestyle footwear products under the Ahnu brand name; running footwear under the Hoka One One brand name; fashion casual footwear using sheepskin and other plush materials under the Koolaburra brand; and linings and foot beds under the UGGpure brand. It markets its products primarily to specialty retailers, selected department stores, outdoor retailers, sporting goods retailers, shoe stores, and online retailers. The company also sells its products directly to end-user consumers through its Websites, call centers, and retail stores, as well as distributes its products through distributors and retailers in the United States, Europe, the Asia-Pacific, Canada, Latin America, and internationally. As of March 31, 2016, it had 153 retail stores. The company was founded in 1973 and is headquartered in Goleta, California.

Valley National Bancorp (VLY) retreated with the stock falling -0.08% or $-0.01 to close at $11.97 on light trading volume of 1.7M compared its three months average trading volume of 2.41M. The Wayne New Jersey 07470 based company operating under the Regional – Northeast Banks industry has been trending up for the last 52 weeks, with the shares price now 42.23% up for the period and up by 2.84% so far this year. With price target of $12.36 and a 48.29% rebound from 52-week low, Valley National Bancorp has plenty of upside potential, making it a hold with a view buy.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Arrow Electronics, Inc. (ARW) failed to extend gains with the stock declining -5.44% or $-4.06 to close the day at $70.52 on lower than average trading volume of 1.7M shares, compared to its three month average trading volume of 500.72K. The Centennial Colorado 80112 based company has been outperforming the electronics wholesale companies by 17.3572% for last three months and its recent gains have offset losses to -1.09% YTD, versus the electronics wholesale industry which is up 1.12% for the same period. The RSI of 38.88 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions worldwide. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment distributes semiconductor products and related services; passive, electro-mechanical, and interconnect products consisting primarily of capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, including datacenter, cloud, security, and analytics solutions. This segment provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.

 

Trader’s Round Up: DiamondRock Hospitality Company (DRH), Valley National Bancorp (VLY), Mueller Water Products, Inc. (MWA)

DiamondRock Hospitality Company (DRH) grew with the stock adding 1.16% or $0.13 to close at $11.33 on light trading volume of 1.98M compared its three months average trading volume of 2.98M. The Bethesda Maryland 20814 based company operating under the REIT – Hotel/Motel industry has been trending up for the last 52 weeks, with the shares price now 44.06% up for the period and down by -1.73% so far this year. With price target of $11.06 and a 54.1% rebound from 52-week low, DiamondRock Hospitality Company has plenty of upside potential, making it a hold with a view buy.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado. As of December 16, 2011, it owned 26 hotels with approximately 12000 rooms. The company qualifies as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2004 and is based in Bethesda, Maryland.

Valley National Bancorp (VLY) gained $0.35 to close the day at a new closing price of $12.13, a 2.97% increase in value from its previous closing price that moved the stock 50.28% above its 52 week low of $8.44. A total of 1.98M shares exchanged hands during the day compared with its three month average trading volume of 2.4M. The stock, which fluctuated between $11.91 and $12.15 during the day, currently situated -1.7% below its 52 week high. The stock is up by 1.68% in the past one month and up by 27.18% over the past three months. With a one year target estimate of $12.36 and RSI of 59.1, the stock still has upside potential, making it a hold for now.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Mueller Water Products, Inc. (MWA) shares were up in last trading by 1.26% to $13.7. It experienced higher than average volume on day. The stock increased in value by almost 0.59% over the past week and grew 0.59% in the past month. It is currently trading 2.11% above its 50 day moving average and 13.51% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -3.52% decrease in value from its one year high of $14.2. The RSI indicator value of 58.14, lead us to believe that it is a hold for now.

Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, and internationally. The company operates in three segments: Mueller Co., Anvil, and Mueller Technologies. The Mueller Co. segment offers valves for water and gas systems, including iron gate, butterfly, tapping, check, knife, plug, and ball valves; dry-barrel and wet-barrel fire hydrants; pipe repair products, such as clamps and couplings used to repair leaks under the Mueller and Jones brand names; small valves, meter bars, and line stopper fittings for use in gas systems; and machines and tools for tapping, drilling, extracting, installing, and stopping-off. This segment sells its products primarily through waterworks distributors to various end user customers, including municipalities, water and wastewater utilities, gas utilities, and fire protection and construction contractors. The Anvil segment offers a range of products, including various fittings, couplings, hangers, valves, and related piping component system products for use in non-residential construction for HVAC, fire protection, industrial, power, and oil and gas end markets. This segment sells its products principally through distributors to various end users, including commercial contractors. The Mueller Technologies segment provides residential and commercial water metering products and systems; and leak detection and pipe condition assessment products and services primarily to municipalities and waterworks distributors, as well as to end users. Mueller Water Products, Inc. is headquartered in Atlanta, Georgia.

 

3 Stocks in Focus: Valley National Bancorp (VLY), Coeur Mining, Inc. (CDE), Gulfport Energy Corp. (GPOR)

Valley National Bancorp (VLY) fell -1.73% during last trading as the stock lost $-0.21 to finish the day at $11.9 with about 2.99M shares changing hands, compared to its three month average trading volume of 2.37M. The $3.24B market cap company, which fluctuated between $11.86 and $12.34 during the day, currently situated 47.43% above its 52 week low of $8.44 and -3.41% away from its one year high of $12.34. The RSI of 54.84 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Coeur Mining, Inc. (CDE) dropped $-0.11 to close the day at a new closing price of $11.54, a -0.94% decrease in value from its previous closing price that moved the stock 474.13% above its 52 week low of $2.24. A total of 2.94M shares exchanged hands during the day compared with its three month average trading volume of 4.35M. The stock, which fluctuated between $11.26 and $11.65 during the day, currently situated -29.68% below its 52 week high. The stock is up by 26.95% in the past one month and up by 3.22% over the past three months. With a one year target estimate of $12.83 and RSI of 58.62, the stock still has upside potential, making it a hold for now.

Coeur Mining, Inc. owns, operates, explores for, and develops silver and gold properties. The company holds interests in the Palmarejo silver-gold mine located in Mexico; Rochester silver and gold mine in northwestern Nevada; Kensington gold mine located to the north of Juneau, Alaska; and Wharf gold mine in South Dakota. It also owns the San Bartolomé silver mine in Bolivia; Endeavor zinc, lead, and silver mine located in Australia; La Preciosa silver-gold exploration project in the State of Durango, Mexico; and Joaquin silver-gold exploration project located in the Santa Cruz province of southern Argentina. In addition, the company holds royalty interests in the Cerro Bayo mine in Chile; El Gallo complex in Mexico; Zaruma mine in Ecuador; and Correnso gold mine in New Zealand, as well as other precious metal properties. Coeur Mining, Inc. markets its silver and gold concentrates to third-party refiners and smelters in the United States, China, and Japan. The company was formerly known as Coeur d’Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013. Coeur Mining, Inc. was founded in 1928 and is based in Chicago, Illinois.

Gulfport Energy Corp. (GPOR) had a light trading with around 2.93M shares changing hands compared to its three month average trading volume of 3.55M. The stock traded between $20.5 and $21.3 before closing at the price of $20.88 with -0.1% change on the day. The Oklahoma City Oklahoma 73134 based company is currently trading 3.16% above its 52 week low of $20.24 and -39.78% below its 52 week high of $34.67. Both the RSI indicator and target price of 38.32 and $31.61 respectively, lead us to believe that it should be put on hold over the coming weeks.

Gulfport Energy Corp. engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale primarily in Eastern Ohio, along the Louisiana Gulf Coast in the West Cote Blanche Bay, and Hackberry fields. It also has interests in the Niobrara Formation of Northwestern Colorado; Bakken Formation; Alberta oil sands in Canada; and Phu Horm gas field in Thailand. As of December 31, 2015, the company had 1.7 Tcfe of proved reserves; and proved undeveloped reserves of 338 thousand barrels of oil, 907,184 million cubic feet of natural gas, and 4,826 thousand barrels of NGLs. Gulfport Energy Corp. is headquartered in Oklahoma City, Oklahoma.

 

Eye Catching Stocks: Valley National Bancorp (VLY), Bill Barrett Corporation (BBG), Sunoco Logistics Partners L.P. (SXL)

Valley National Bancorp (VLY) failed to extend gains with the stock declining -1.79% or $-0.22 to close the day at $12.07 on active trading volume of 2.89M shares, compared to its three month average trading volume of 2.34M. The Wayne New Jersey 07470 based company has been outperforming the regional – northeast banks group over the past 52 weeks, with the stock gaining 43.42%, compared to the industry which has advanced 46.62% over the same period. With RSI of 60.76, the stock should still continue to rise and get closer to its one year target estimate of $12.32, making it a hold for now.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Bill Barrett Corporation (BBG) fell -2.98% during last trading as the stock lost $-0.21 to finish the day at $6.84 with about 2.84M shares changing hands, compared to its three month average trading volume of 2.38M. The $504.11M market cap company, which fluctuated between $6.67 and $6.98 during the day, currently situated 188.61% above its 52 week low of $2.37 and -27.08% away from its one year high of $9.38. The RSI of 42.62 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Bill Barrett Corporation, an independent energy company, acquires, explores for, and develops oil and natural gas resources in the United States. It primarily holds interests in the Denver-Julesburg basin and the Uinta oil program in the Uinta Basin in the Rocky Mountain region of the United States. The company was founded in 2002 and is headquartered in Denver, Colorado.

Sunoco Logistics Partners L.P. (SXL) saw its value decrease by -1.99% as the stock dropped $-0.52 to finish the day at a closing price of $25.55. The stock was lighter in trading and has fluctuated between $16.5-$31.49 per share for the past year. The shares, which traded within a range of $25.29 to $25.98 during the day, are down by -1.86% in the past three months and down by -8.12% over the past six months. It is currently trading 4.18% above its 20 day moving average and 5.65% above 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 61.3. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). Its Crude Oil segment provides transportation, terminalling, and acquisition and marketing services to crude oil markets in the southwest, Midwest, and northeastern United States. It contains approximately 5,900 miles of crude oil trunk and gathering pipelines; and has interests in 3 crude oil pipelines. The segment also operates with an aggregate storage capacity of approximately 28 million barrels, including approximately 24 million barrels in Nederland, Texas; and approximately 3 million barrels in Pennsylvania. The Natural Gas Liquids segment offers transportation, storing, and acquisition and marketing activities that include pipelines, storage and blending facilities, and strategic off-take locations that provide access to multiple NGLs markets. It contains approximately 900 miles of NGLs pipelines located in the northeast and southwest United States. The segment operates with storage capacity of approximately 5 million barrels, including approximately 1 million barrels in Texas; and 3 million barrels in Pennsylvania. It also engages in blending activities. The Refined Products segment provides transportation and terminalling services in the northeast, Midwest, and southeast United States. It operates approximately 1,800 miles of refined products pipelines; 40 active refined products marketing terminals; and storage capacity of approximately 8 million barrels. Sunoco Partners LLC serves as the general partner of the company. The company was founded in 2001 and is based in Newtown Square, Pennsylvania.

 

Stocks in the Spotlight: Valley National Bancorp (VLY), SLM Corporation (SLM), Finisar Corporation (FNSR)

Valley National Bancorp (VLY) had a active trading with around 2.76M shares changing hands compared to its three month average trading volume of 2.33M. The stock traded between $12.13 and $12.32 before closing at the price of $12.29 with 0.74% change on the day. The Wayne New Jersey 07470 based company is currently trading 54.45% above its 52 week low of $8.44 and 0.16% above its 52 week high of $12.32. Both the RSI indicator and target price of 67.88 and $12.32 respectively, lead us to believe that it should be put on hold over the coming weeks.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

SLM Corporation (SLM) failed to extend gains with the stock declining -0.34% or $-0.04 to close the day at $11.79 on light trading volume of 2.74M shares, compared to its three month average trading volume of 4.53M. The Newark Delaware 19713 based company has been outperforming the credit services group over the past 52 weeks, with the stock gaining 94.55%, compared to the industry which has advanced 29.75% over the same period. With RSI of 65.91, the stock should still continue to rise and get closer to its one year target estimate of $12.95, making it a hold for now.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. It offers private education loans to students and their families. The company also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Finisar Corporation (FNSR) shares were down in last trading by -0.1% to $30.07. It experienced higher than average volume on day. The stock increased in value by almost 0.23% over the past week and fell -4.39% in the past month. It is currently trading -3.43% below its 50 day moving average and 25.71% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -18.4% decrease in value from its one year high of $36.85. The RSI indicator value of 48.39, lead us to believe that it is a hold for now.

Finisar Corporation provides optical subsystems and components for data communication and telecommunication applications in the United States, Malaysia, China, and internationally. Its optical subsystems primarily consist of transmitters, receivers, transceivers, transponders, and active optical cables that provide the fundamental optical-electrical or optoelectronic interface for interconnecting the electronic equipment used in communication networks, including the switches, routers, and servers used in wireline networks, as well as the antennas and base stations used in wireless networks. The company also offers wavelength selective switches, which are used to switch network traffic from one optical fiber to multiple other fibers without converting to an electronic signal. In addition, it provides optical components comprising packaged lasers, receivers, and photodetectors for data communication and telecommunication applications; and passive optical components for telecommunication applications. Finisar Corporation markets its products through its direct sales force, as well as through a network of distributors and manufacturers’ representatives to the original equipment manufacturers of storage systems, networking equipment, and telecommunication equipment, as well as to their contract manufacturers. Finisar Corporation was founded in 1987 and is headquartered in Sunnyvale, California.

 

Stocks Under Review: People’s United Financial, Inc. (PBCT), Valley National Bancorp (VLY), Immunomedics, Inc. (IMMU)

People’s United Financial, Inc. (PBCT) continued its upward trend with the stock climbing 1% or $0.19 to close the day at $19.28 on light trading volume of 3.84M shares, compared to its three month average trading volume of 4M. The Bridgeport Connecticut 06604 based company has been outperforming the savings & loans group over the past 52 weeks, with the stock gaining 42.6%, compared to the industry which has advanced 36.44% over the same period. With RSI of 52.62, the stock should still continue to rise and get closer to its one year target estimate of $18.39, making it a hold for now.

People’s United Financial, Inc. operates as the bank holding company for People’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash management, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, including residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment management, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services. It operates through a network of 396 branches and 594 ATMs in Connecticut, southeastern New York, Massachusetts, Vermont, New Hampshire, and Maine. People’s United Financial, Inc. was founded in 1842 and is headquartered in Bridgeport, Connecticut.

Valley National Bancorp (VLY) grew with the stock adding 2.69% or $0.32 to close at $12.2 on active trading volume of 3.84M compared its three months average trading volume of 2.3M. The Wayne New Jersey 07470 based company operating under the Regional – Northeast Banks industry has been trending up for the last 52 weeks, with the shares price now 51.32% up for the period and up by 4.81% so far this year. With price target of $11.75 and a 53.32% rebound from 52-week low, Valley National Bancorp has plenty of upside potential, making it a hold with a view buy.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Immunomedics, Inc. (IMMU) failed to extend gains with the stock declining -1.51% or $-0.07 to close the day at $4.58 on higher than average trading volume of 3.82M shares, compared to its three month average trading volume of 1.91M. The Morris Plains New Jersey 07950 based company has been underperforming the biotechnology companies by 115.0303% for last three months and its recent gains have pushed the stock slightly up 24.8% YTD, versus the biotechnology industry which is down -5.43% for the same period. The RSI of 68.17 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Immunomedics, Inc., a clinical-stage biopharmaceutical company, focuses on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune disorders, and other diseases. The company engages in developing antibody-drug conjugate (ADC) products comprising IMMU-132, an ADC that contains SN-38, which is in Phase II trials used for the treatment of patients with metastatic triple-negative breast cancer, and small-cell and non-small-cell lung cancers; IMMU-130, an anti-CEACAN5-SN-38 ADC that is in Phase II trials for the treatment of solid tumors and metastatic colorectal cancer; and epratuzumab, a humanized antibody that targets CD22, an antigen found on the surface of B lymphocytes. Its early-stage products include IMMU-114, a novel humanized antibody for the treatment of patients with B-cell and other cancers; Milatuzumab, a humanized monoclonal antibody targeting tumors that expresses the CD74 antigen, which is present on various hematological tumors and solid cancers; Veltuzumab, a humanized monoclonal antibody targeting CD20 receptors on B lymphocytes for the treatment of non-Hodgkin lymphoma and autoimmune diseases; and Yttrium-90-Labeled Epratuzumab Tetraxetan, a radiolabeled anti-CD22 investigational product. The company also provides LeukoScan, a diagnostic imaging product for diagnostic imaging to determine the location and extent of infection/inflammation in bone. In addition, it offers other product candidates for the treatment of solid tumors and hematologic malignancies, as well as other diseases, which are in various stages of clinical and pre-clinical development. The company has a research collaboration with The Bayer Group to study epratuzumab as a thorium-227-labeled antibody. Immunomedics, Inc. was founded in 1982 and is headquartered in Morris Plains, New Jersey.

 

3 Notable Runners: Valley National Bancorp (VLY), ImmunoGen, Inc. (IMGN), Conagra Brands, Inc. (CAG)

Valley National Bancorp (VLY) managed to rebound with the stock climbing 1.15% or $0.13 to close the day at $11.42 on higher than average trading volume of 2.2M shares, compared to its three month average trading volume of 2.21M. The Wayne New Jersey 07470 based company has been outperforming the regional – northeast banks companies by 17.9747% for last three months and its recent gains have offset losses to -1.89% YTD, versus the regional – northeast banks industry which is down -1.25% for the same period. The RSI of 48.31 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

ImmunoGen, Inc. (IMGN) had a active trading with around 2.19M shares changing hands compared to its three month average trading volume of 2.04M. The stock traded between $2.31 and $2.52 before closing at the price of $2.51 with 1.21% change on the day. The Waltham Massachusetts 02451 based company is currently trading 66.23% above its 52 week low of $1.51 and -75.1% below its 52 week high of $9.8. Both the RSI indicator and target price of 63.19 and $4.57 respectively, lead us to believe that it should be put on hold over the coming weeks.

ImmunoGen, Inc., a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology. The company’s product candidates include Mirvetuximab soravtansine, an ADC targeting folate-receptor alpha for the treatment of platinum-resistant ovarian cancer; IMGN529 and coltuximab ravtansine that are in Phase II clinical trials for the treatment of non-Hodgkin lymphoma; IMGN779 that is in Phase I clinical trials for the treatment of acute myeloid leukemia (AML); and IMGN632, a preclinical CD123-targeting ADC for the treatment of AML. ImmunoGen, Inc. has collaborations with Amgen Inc.; Bayer HealthCare; Biotest AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; Roche; Sanofi; Merck; and Takeda, as well as research agreement with CytomX Therapeutics, Inc. The company was founded in 1981 and is headquartered in Waltham, Massachusetts.

Conagra Brands, Inc. (CAG) traded within a range of $38.8 to $39.3 after opening the day at $38.88. The company has seen its stock decrease in value by -0.86% so far this year. The stock was up close to 0.82% on light volume in last trading session and closed at $39.21 per share. After the recent gain, the stock is currently holding -1.9% below its 52 week high of $39.97 and 33.91% above its 12-month low of $29.76. The shares are up by over 5.5% in the last three months, and the RSI indicator value of 57.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

 

Momentum Stocks: Integrated Device Technology, Inc. (IDTI), Valley National Bancorp (VLY), Zoetis Inc. (ZTS)

Integrated Device Technology, Inc. (IDTI) grew with the stock adding 0.92% or $0.23 to close at $25.16 on light trading volume of 1.33M compared its three months average trading volume of 1.96M. The San Jose California 95138 based company operating under the Semiconductor – Broad Line industry has been trending up for the last 52 weeks, with the shares price now 1.94% up for the period and up by 6.79% so far this year. With price target of $26.83 and a 55.12% rebound from 52-week low, Integrated Device Technology, Inc. has plenty of upside potential, making it a hold with a view buy.

Integrated Device Technology, Inc. designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, and industrial end-markets worldwide. It operates in two segments, Communications; and Computing, Consumer, and Industrial. The Communications segment offers communication timing products, such as clocks and timing solutions; flow-control management devices comprising Serial RapidIO switching solutions; multi-port products; telecommunications products; static random access memory products; first in and first out memories; digital logic products; radio frequency products; and frequency control solutions. The Computing, Consumer, and Industrial segment provides clock generation and distribution products, programmable timing devices, computing timing solutions, high-performance server memory interfaces, PCI Express switching solutions, power management solutions, and signal integrity products, as well as sensing products for mobile, automotive, and industrial solutions. The company markets its products primarily to original equipment manufacturers through various channels, including direct sales, distributors, electronic manufacturing suppliers, and independent sales representatives. Integrated Device Technology, Inc. was founded in 1980 and is headquartered in San Jose, California.

Valley National Bancorp (VLY) had a light trading with around 1.32M shares changing hands compared to its three month average trading volume of 2.2M. The stock traded between $11.6 and $11.89 before closing at the price of $11.64 with 0.95% change on the day. The Wayne New Jersey 07470 based company is currently trading 46.46% above its 52 week low of $8.31 and -3.19% below its 52 week high of $12.14. Both the RSI indicator and target price of  and $11.54 respectively, lead us to believe that it could rise over the coming weeks.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Zoetis Inc. (ZTS) saw its value increase by 0.66% as the stock gained $0.35 to finish the day at a closing price of $53.74. The stock was lighter in trading and has fluctuated between $38.26-$54.72 per share for the past year. The shares, which traded within a range of $53.35 to $53.88 during the day, are up by 5.54% in the past three months and up by 8.39% over the past six months. It is currently trading 0.84% above its 20 day moving average and 4.66% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $57.4 a share over the next twelve months. The current relative strength index (RSI) reading is 63.23.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines and vaccines for livestock and companion animals in the United States and internationally. It offers anti-infectives that prevent, kill, or slow the growth of bacteria, fungi, or protozoa; vaccines, which are biological preparations to prevent diseases of the respiratory, gastrointestinal, and reproductive tracts or induce a specific immune response; and parasiticides that prevent or eliminate external and internal parasites, such as fleas, ticks, and worms. The company also provides medicated feed additives that offer medicines to livestock; veterinarian solutions for anesthesia, pain management, and the diagnosis of diabetes; and other pharmaceutical products, including pain and sedation, oncology, antiemetic, allergy and dermatology, and reproductive products. In addition, it offers other product categories comprising nutritionals and agribusiness services, as well as products and services in complementary areas consisting of biodevices, diagnostics, and genetics. The company markets its products to veterinarians and livestock producers through its sales representatives, and technical and veterinary operations specialists. Zoetis Inc. was founded in 1952 and is headquartered in Florham Park, New Jersey.

 

Investor’s Alert: Valley National Bancorp (VLY), Pepsico, Inc. (PEP), Dynegy Inc. (DYN)

Valley National Bancorp (VLY) continued its upward trend with the stock climbing 2.14% or $0.25 to close the day at $11.93 on higher than average trading volume of 3.01M shares, compared to its three month average trading volume of 2.19M. The Wayne New Jersey 07470 based company has been outperforming the regional – northeast banks companies by 25.0055% for last three months and its recent gains have pushed the stock slightly up 2.49% YTD, versus the regional – northeast banks industry which is up 0.87% for the same period. The RSI of 66.86 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

Pepsico, Inc. (PEP) had a light trading with around 3.01M shares changing hands compared to its three month average trading volume of 4.41M. The stock traded between $104.79 and $105.63 before closing at the price of $104.85 with 0.19% change on the day. The Purchase New York 10577 based company is currently trading 15.75% above its 52 week low of $93.25 and -4.12% below its 52 week high of $110.94. Both the RSI indicator and target price of 52.5 and $116.85 respectively, lead us to believe that it should be put on hold over the coming weeks.

PepsiCo, Inc. operates as a food and beverage company worldwide. Its Frito-Lay North America segment offers Lay’s and Ruffles potato chips; Doritos, Tostitos and Santitas tortilla chips; and Cheetos cheese-flavored snacks, branded dips, and Fritos corn chips. The company’s Quaker Foods North America segment provides Quaker oatmeal, grits, rice cakes, natural granola, and oat squares; and Aunt Jemima mixes and syrups, Quaker Chewy granola bars, Cap’n Crunch cereal, Life cereal, and Rice-A-Roni side dishes. Its North America Beverages segment offers beverage concentrates, fountain syrups, and finished goods under the Pepsi, Gatorade, Mountain Dew, Diet Pepsi, Aquafina, Diet Mountain Dew, Tropicana Pure Premium, Sierra Mist, and Mug brands; and ready-to-drink tea and coffee, and juices. The company’s Latin America segment provides snack foods under the Doritos, Cheetos, Marias Gamesa, Ruffles, Emperador, Saladitas, Sabritas, Lay’s, Rosquinhas Mabel, and Tostitos brands; cereals and snacks under the Quaker brand; and beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Gatorade, Mirinda, Diet 7UP, Manzanita Sol, and Diet Pepsi brands. Its Europe Sub-Saharan Africa segment offers snack foods under the Lay’s, Walkers, Doritos, Cheetos, and Ruffles brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, 7UP, Pepsi Max, Mirinda, Diet Pepsi, and Tropicana brands; ready-to-drink tea products; and dairy products under the Chudo, Agusha, and Domik v Derevne brands. The company’s Asia, Middle East and North Africa segment provides snack foods under the Lay’s, Kurkure, Chipsy, Doritos, Cheetos, and Crunchy brands; cereals and snacks under the Quaker brand; beverage concentrates, fountain syrups, and finished goods under the Pepsi, Mirinda, 7UP, Mountain Dew, Aquafina, and Tropicana brands; and tea products. The company was founded in 1898 and is headquartered in Purchase, New York.

Dynegy Inc. (DYN) traded within a range of $8.23 to $8.91 after opening the day at $8.23. The company has seen its stock increase in value by 5.08% so far this year. The stock was up close to 7.24% on light volume in last trading session and closed at $8.89 per share. After the recent gain, the stock is currently holding -59.61% below its 52 week high of $22.01 and 26.82% above its 12-month low of $7.01. The shares are down by over -31.62% in the last three months, and the RSI indicator value of 57.01 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.