Alcoa (NYSE:AA) shares retreated following a UK court ruling that threw LME warehouse reform plans on ice. The Hight Court in London ruled in favour of Russian aluminum producer Rusal, which feared prices of its products would suffer from the LME’s efforts. Alcoa Inc (NYSE:AA) shares after opening at $12.68 moved to $12.75 on last trade day and at the end of the day closed at $12.48. Company price to sales ratio in past twelve months was calculated as 0.58 and price to cash ratio as 9.32. Alcoa Inc (NYSE:AA) showed a positive weekly performance of 3.91%.
Baker Hughes (NYSE:BHI) had its target price lifted by FBR Capital Markets from $71.00 to $74.00 in a research note released on Thursday morning, AnalystRatingsNetwork.com reports. They currently have an outperform rating on the stock. Baker Hughes Incorporated (NYSE:BHI) shares advanced 2.63% in last trading session and ended the day on $65.27. BHI return on equity ratio is recorded as 6.20% and its return on assets is 4.00%. Baker Hughes Incorporated (NYSE:BHI) yearly performance is 42.29%.
Energy company Encana Corp. (USA) (NYSE:ECA) says its operations in Colorado could be hampered by a proposed state ballot initiative that, if successful, would give local governments control over oil and gas drilling in their areas. Encana Corporation (USA) (NYSE:ECA) shares moved up 0.85% in last trading session and was closed at $21.42 while trading in range of $21.25 – $21.50 – Encana Corporation (USA) (NYSE:ECA) year to date (YTD) performance is 19.07%.
Analysts at Zacks downgraded shares of Key Energy Services Inc. (NYSE:KEG) from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 9th. Key Energy Services, Inc. (NYSE:KEG) weekly performance is 5.24%. On last trading day company shares ended up $9.24. Key Energy Services, Inc. (NYSE:KEG) distance from 50-day simple moving average (SMA50) is 13.45%. Analysts mean target price for the company is $9.25.
Leave a Reply