Home Emerging Stocks Drilling Down Into: First Horizon National Corporation, (NYSE: FHN), Calpine Corporation, (NYSE:...

Drilling Down Into: First Horizon National Corporation, (NYSE: FHN), Calpine Corporation, (NYSE: CPN), Palatin Technologies, Inc., (NYSE: PTN), GEO Group, Inc., (NYSE: GEO)


News Alert:

US stocks, dollar rattled by Flynn testimony report:

US stocks and the dollar headed sharply lower after a report that Michael Flynn, Donald Trump’s former national security adviser who was charged earlier on Friday with lying to the FBI, was prepared to testify that the president directed him to make contact with Russian officials.

All three major equities indices  the S&P 500, Nasdaq Composite and Dow Jones Industrial Average  extended their losses to drop a full 1 per cent apiece, according to Thomson Reuters data.

The DXY index a measure of the buck against a basket of its major peers — reversed a 0.2 per cent gain to trade 0.2 per cent lower on the news.

Within this, the greenback’s drop against the euro was particularly pronounced. It gave up a 0.5 per cent gain and was trading 0.1 per cent lower at $1.1913 at pixel time. Against the sterling, it trimmed a 0.5 per cent advance to just 0.1 per cent at $1.3505.

The report from ABC News which suggests that Flynn was offering testimony as part of a plea bargain with US prosecutors that could implicate Mr Trump in the growing Russian scandal — has compounded earlier market jitters about the US Senate’s progress on tax reform.Source (F.T)

Stock To Watch: First Horizon National Corporation

First Horizon National Corporation, belongs to Financial sector and Regional – Southeast Banks industry.

Intraday Trading of First Horizon National Corporation:

The Financial stock (First Horizon National Corporation) showed a change of 2.9 percent from opening and finally turned off its business at $19.86 by scoring 2.42 percent on Friday.

Trading volume, or volume, is the number of shares or contracts that point towards the overall activity of a security or market for a given period.

The company exchanged hands with 21237808 shares compared to its average daily volume of 3.26M shares.

Historical Performances under Review:

Over the last week, First Horizon National Corporation’s shares returned 7.7 percent and in the past 30.0 days the figure appeared at 6.95 percent. Furthermore, over the 90.0 days, the stock was able to yield 14.4 percent.

However, 15.87 percent is noted as its 180 days or half-yearly performance. The current EPS for the company has been recorded at $1.12. By applying the formula, the price-earnings (P/E) ratio comes out to be 17.7.

Major Indicators to Watch:

The First Horizon National Corporation has 236.31M shares outstanding with 0.3 percent insider ownership. The stock has weekly volatility of 3.53 percent and monthly volatility of 2.21 percent with ATR of 0.45 and beta of 1.03. Risk administration is a fundamental process used to make investment decisions.

Beta measures the amount of systematic risk a security has relative to the whole market. The market has a beta of 1, and it can be used to gauge the risk of a security.

The FHN is trading away to its 20-days, 50-day and 200-day moving averages by 6.91 percent, 5.63 percent and 9.27 percent, respectively.

Calpine Corporation, belongs to Utilities sector and Electric Utilities industry. (NYSE: CPN) has grabbed attention from the analysts when it practiced a change of 0.07 percent in the last trading session to close at $15.03. A total of 3123164 shares exchanged hands during the intra-day trade contrast with its average trading volume of 6.64M shares, while its relative volume stands at 0.47.

CPN has market value of $5.42B while its EPS was booked as $-0.07 in the last 12 months. The stock has 360.57M shares outstanding. In the profitability analysis, the company has gross profit margin of 29.8 percent while net profit margin was -0.3 percent.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume – ADTV).

ATR stands at 0.05 while Beta factor of the stock stands at 1.07. Beta factor is used to measure the volatility of the stock. After a recent check, company stock is found to be 0.23 percent volatile for the week, while 0.36 percent volatility is recorded for the month. Most company stocks have very little volatility. They generally move extremely slowly and they only produce big price swings when the company produces good or bad trading results, which may only happen a couple of times a year at best. The company’s distance from 52-week high price is -0.53 percent and the current price is 61.61 percent away from 52-week low price. The company has Relative Strength Index (RSI 14) of 58.95.

Performance Review Of Calpine Corporation, (NYSE: CPN):

The stock has shown weekly performance of 0.07 percent and monthly performance stands at 0.2 percent. The stock has shown quarterly performance of 2.45 percent and a half-year performance stands at 16.06 percent.

Analyst recommendation for this stock stands at 2.7.

Palatin Technologies, Inc., (NYSE: PTN) make a change of 2.9 percent with the overall traded volume of 1475971 shares as compare to its average volume of 2.67M shares. The company has the market value of $176.42M and its EPS ratio for the past year was $0.05. The company turned off its business at $0.94. Palatin Technologies, Inc., belongs to Healthcare sector and Diagnostic Substances industry.

Technical Analysis in the Limelight:

The organization has 188.40M shares outstanding and 9.2 percent shares of the company were owned by institutional shareholders. The company has 2.46 value in price to sale ratio while price to book ratio was recorded as 31.21. It beta stands at 1.6.

The average true range of the stock is recorded at 0.06 and the relative strength index of the stock stands 60.39.

The stock has shown its weekly performance of -6.36 percent and monthly performance stands at 28.98 percent. The stock price is moving from its 200 days moving average with 10.13 percent and from 50 days moving average with 19.21 percent.

GEO Group, Inc., (NYSE: GEO), plunged -2.68 percent with the closing price of $25.83. The overall volume in the last trading session was 823804 shares. GEO Group, Inc., belongs to Financial sector and REIT – Healthcare Facilities industry.

According to GEO Group, Inc..’s Insider ownership is at 0.3 percent. The total amount of shares outstanding is 124.32M, giving the company a market capitalization of about 3.21B. The stock has seen its SMA50 which is now -0.96 percent. In looking the SMA 200 we see that the stock has seen a -10.8 percent.The Company’s net profit margin for the 12 months at 6.9 percent. Comparatively, the gazes have a Gross margin 24.6 percent.

Earnings per Share Details of GEO Group, Inc.:

The EPS of GEO is strolling at 1.36, measuring its EPS growth this year at 6.2 percent. As a result, the company has an EPS growth of 20 percent for the approaching year.

Company’s EPS for the past five years is valued at 12.5 percent leading it to an EPS value of 15 percent for the next five years.


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