Worth Watching Stocks: Magellan Petroleum Corporation (NASDAQ:MPET), PHH Corporation (NYSE:PHH), Triangle Capital Corporation (NYSE:TCAP), Cheetah Mobile Inc. (NYSE:CMCM), Trecora Resources (NYSE:TREC)

On July 27, 2015, Magellan Petroleum Corporation (NASDAQ:MPET) received formal notification from the NASDAQ Stock Market LLC (“NASDAQ”) that the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company to maintain a minimum closing bid price of $1.00 per share. NASDAQ staff made this determination of compliance after the Company’s bid price closed above $1.00 per share for the prior 10 consecutive business days. Magellan Petroleum Corporation (NASDAQ:MPET) belongs to Basic Materials sector. Its weekly performance is -7.41%. On last trading day company shares ended up $2.25. Magellan Petroleum Corporation (NASDAQ:MPET) distance from 50-day simple moving average (SMA50) is 90.87%.

A D.C. Circuit panel put a $109 million Consumer Financial Protection Bureau penalty against PHH Corporation (NYSE:PHH) on 3 August while the mortgage lender appeals the kickback fine that was increased dramatically in the first appeal of a CFPB administrative action last month. PHH Corporation (NYSE:PHH) shares moved down -32.42% in last trading session and ended the day at $16.28. PHH Gross Margin is 34.20% and its return on assets is 2.60%. PHH Corporation (NYSE:PHH) quarterly performance is -37.74%.

Triangle Capital Corporation (NYSE:TCAP) reported Total investment income during the second quarter of 2015 was $27.8 million, compared to total investment income of $24.9 million for the second quarter of 2014, representing an increase of 11.6%. The Company’s increase in investment income was primarily attributable to an increase in portfolio debt investments from June 30, 2014 to June 30, 2015. On 06 August, Triangle Capital Corporation (NYSE:TCAP) shares moved down -5.61% and was closed at $20.04. TCAP EPS growth in last 5 year was 15.10%. Triangle Capital Corporation (NYSE:TCAP) year to date (YTD) performance is -1.23%.

Cheetah Mobile Inc. (NYSE:CMCM) announced that it plans to release its second quarter 2015 financial results on Tuesday, August 18, 2015 before market opens. Cheetah Mobile Inc. (NYSE:CMCM) ended the last trading day at $24.43. Company weekly volatility is calculated as 4.04% and price to cash ratio as 16.98. Cheetah Mobile Inc. (NYSE:CMCM) showed a weekly performance of -7.46%.

Trecora Resources (NYSE:TREC) Total revenue in the second quarter was $59.4 million compared with $74.6 million in the second quarter of 2014. The decline in reported revenue was driven by a 41.6% reduction in the average per gallon cost of petrochemical feedstock in the second quarter, which rolls over into the formula pricing mechanism for petrochemical product sales. Trecora Resources (NYSE:TREC) shares moved down -6.76% in last trading session and ended the day at $12.83. TREC Gross Margin is 18.80% and its return on assets is 11.10%. Trecora Resources (NYSE:TREC) quarterly performance is 6.83%.

Leave a Reply

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