Trader’s Recap: Petroleo Brasileiro Petrobras (NYSE:PBR), Yulong Eco-Materials Limited (NASDAQ:YECO), Psychemedics Corp. (NASDAQ:PMD), Qihoo 360 Technology (NYSE:QIHU), Sirius XM Holdings Inc. (NASDAQ:SIRI)

Federal Judge Sergio Moro handed out more prison sentences on Wednesday, this time to executives in Brazilian construction firm OAS, which was ensnared in the country’s biggest corruption scandal in history centered around state-run oil company Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) belongs to Basic Materials sector. Its net profit margin is 7.50% and weekly performance is -10.61%. On last trading day company shares ended up $6.32. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) distance from 50-day simple moving average (SMA50) is -24.25%.

Yulong Eco-Materials Limited (NASDAQ:YECO) announced it has commenced waste hauling and recycling operations in the Lingyuan district section of a high-speed railway construction project in the city of Shangqiu, Henan Province. The railway will connect the cities of Zhengzhou in Henan Province and Xuzhou in Jiangsu Province. As announced last month, Yulong won this contract from a Central Government agency. Yulong Eco-Materials Limited (NASDAQ:YECO) shares increased 10.68% in last trading session and ended the day at $5.08. YECO Gross Margin is 37.10% and its return on assets is 14.10%.

On 05 August, Psychemedics Corp. (NASDAQ:PMD) announced on July 28, its second quarter financial results for the period ended June 30, 2015. The Company also announced a quarterly dividend of $0.15 per share payable to shareholders of record as of August 7, 2015 to be paid on August 18, 2015. This will be the Company’s 76th consecutive quarterly dividend. Psychemedics Corp. (NASDAQ:PMD) shares increased 0.52% and was closed at $11.70. PMD EPS growth in last 5 year was 15.70%. Psychemedics Corp. (NASDAQ:PMD) year to date (YTD) performance is -22.77%.

Announced on July 30, Qihoo 360 Technology Co. Ltd. (NYSE:QIHU)’s $9 billion plan to go private is being done for the right reasons, namely to help its business, an investor in the consortium bidding to take it private said at the Converge technology conference. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) belongs to Technology sector. Its net profit margin is 15.00% and weekly performance is 1.60%. On last trading day company shares ended up $64.00. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) distance from 50-day simple moving average (SMA50) is 1.61%.

Sirius XM Holdings Inc. (NASDAQ:SIRI) announced the launch of SiriusXM’s Everything Is Political: Campaign 2015 with Evan Solomon, a show that will follow every aspect of Canada’s federal election campaign. The show premieres Thursday, August 6 from 6 pm to 7 pm (EDT) on SiriusXM’s Canada Talks, channel 167. Sirius XM Holdings Inc. (NASDAQ:SIRI) belongs to Services sector. Its net profit margin is 11.20% and weekly performance is -0.76%. On last trading day company shares ended up $3.92. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is 2.24%.

Leave a Reply

Your email address will not be published. Required fields are marked *