On June 6, Research analysts at Macquarie initiated coverage on shares of Parker Drilling Company (NYSE:PKD) in a report released on Wednesday, TheFlyOnTheWall.comreports. The firm set an “outperform” rating and a $8.00 price target on the stock. Macquarie’s price objective points to a potential upside of 22.14% from the company’s current price. Parker Drilling Company (NYSE:PKD) net profit margin is 1.50% and weekly performance is 11.22%. On last trading day company shares ended up $7.04. Analysts mean target price for the company is $8.63. Parker Drilling Company (NYSE:PKD) distance from 50-day simple moving average (SMA50) is 7.48%.
On May 27, 2014, Profire Energy, Inc. (NASDAQ:PFIE) posted on its corporate web site, www.ProfireEnergy.com, a financial outlook which includes estimates of its revenue and net income for the 2015 fiscal year and forecasts for revenue and net income for the 2015 fiscal year. Profire Energy, Inc. (NASDAQ:PFIE) shares advanced 22.65% in last trading session and ended the day on $5.09. Gross Margin is 55.00% and its return on assets is 30.90%. Profire Energy, Inc. (NASDAQ:PFIE) quarterly performance is 44.60%.
On May 21, 2014 Platform Specialty Products Corp (NYSE:PAH) announced that it completed its issuance to certain eligible investors (the “Investors”) of a total of 15.8 million shares of its common stock for an aggregate purchase price of $300.2 million, or $19.00 per share. The transaction was conducted through a private placement.Platform Specialty Products Corp (NYSE:PAH) shares moved up 5.74% in last trading session and was closed at $27.44, while trading in range of $25.69 – $27.70. Platform Specialty Products Corp (NYSE:PAH) year to date (YTD) performance is 96.00%.
On June 6, Natural Resource Partners LP (NYSE:NRP) Director Corbin J. Robertson III acquired 20,000 shares of the stock in a transaction dated Wednesday, June 4th. The stock was purchased at an average price of $13.44 per share, for a total transaction of $268,800.00. Natural Resource Partners LP (NYSE:NRP) ended the last trading day at $15.18. Company weekly volatility is calculated as 4.54% and price to cash ratio as 30.57. Natural Resource Partners LP (NYSE:NRP) showed a positive weekly performance of 12.03%.
On May 21, Mechel OAO(ADR) (NYSE:MTL), one of the leading Russian mining and metals companies, announced the appointment of Mr Andrey Slivchenko as the new CFO of Mechel OAO replacing Mr Stanislav Ploschenko. Mr Oleg Korzhov CEO of Mechel OAO said that “In his seven years in our Group, Mr Stanislav Ploschenko proved himself as a true professional, capable of making well considered, occasionally unorthodox decisions. We highly value his contribution to our company. Mechel OAO (ADR) (NYSE:MTL) net profit margin is -34.10% and weekly performance is 10.26%. On last trading day company shares ended up $2.15. Analysts mean target price for the company is $2.18. Mechel OAO (ADR) (NYSE:MTL) distance from 50-day simple moving average (SMA50) is 8.19%.
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