learningandfinance.com


Business

Northern Dynasty slams short-seller report as class-suit looms

Share

The share price is trading in a range of $2.24 - 2.66.

The total volume of 7.09 Million shares held in the session was surprisingly higher than its average volume of 8892.96 shares. The 12-month price target is $0.45 with zero analysts rating the company a strong buy, 0 firms rating the stock a buy, 0 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 brokers rating the stock a sell. After a recent spot-check, the stock has touched $2.35 which represents a change from the open of -6.08%.

The law firm of Kirby McInerney LLP announced that a class action lawsuit has been filed in the United States District Court for the Central District of California against Northern Dynasty Minerals Ltd. (NYSE:NAK) on behalf of investors that acquired Northern Dynasty securities during the period from September 16, 2013 through February 13, 2017 (the "Class Period") seeking recovery of damages for alleged violations of the federal securities laws. For the Q4 this year, the consensus current earnings per share trend estimates was for $0.01 while for one month ago was $0.01. Northern Dynasty Minerals Ltd.'s (NAK) is a part of Basic Materials sector and belongs to Industrial Metals & Minerals industry. Breaking that down further, it has performed -25.66% for the week, -10.67% for the month, 82.26% over the last quarter, 135.42% for the past half-year and 510.81% for this a year ago.

Analysts' mean recommendation for Northern Dynasty Minerals Ltd.'s (NAK) stands at 2.00.

Spain's Princess Cristina acquitted in fraud case, husband jailed for 6 years
King Juan Carlos I abdicated in 2014 under pressure for, among other things, going on an elephant hunting trip to Botswana. Neither Urdangarin nor the princess were at the Palma de Mallorca court for the verdict, both were said to be in Geneva.

Europa: Pogba v Pogba as Man Utd Takes on Saint Etienne
Florentin adds: "My parents will have mixed feelings because whatever happens there will be one victor and one loser". I think when the game started they were focused on the game.

Portland General Electric Company Q4 Earnings Rise 20%
Emerson Electric Company (EMR) formally announced its most recent dividend on February 7, 2017 with a Dividend per share of $0.48. Emerson Electric Company had a return on equity of 24.26% and a net margin of 8.50%. 9 analysts projected on average Earnings.

During last 3 month it remained at 185.39%. The Company has 52-week high of $3.45 and 52-week low of $0.28. Sudden large price movements can create false buy or sell signals in the RSI.

Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be primed for a trend reversal or corrective pullback in price. It is, therefore, best used with refinements to its application or in conjunction with other, confirming technical indicators. Beta factor, which measures the riskiness of the security, was observed as 1.74.

Zacks Investment Research also rated the stock with a value of 1.

EPS growth estimate for this year is set at 29.90%.

Share