Eastern Shipbuilding Group, Inc. announced the launching of the HOS BLACK ROCK (Hull 207) on Friday March 28, 2014 for Hornbeck Offshore Services, Inc. (NYSE:HOS). The HOS BLACK ROCK is Eastern’s third vessel in Hornbeck Offshore’s HOSMAX 310 class series. The launching event was held at Eastern’s Allanton facility with hundreds of Eastern Employees and Guests attending despite rainy weather. Hornbeck Offshore Services, Inc. (NYSE:HOS), shares after opening at $39.25 moved to $39.43 on last trade day and at the end of the day closed at $38.44. Company price to sales ratio in past twelve months was calculated as 2.53 and price to cash ratio as 3.16. Hornbeck Offshore Services, Inc. (NYSE:HOS), showed a negative weekly performance of -5.44%.
ZaZa Energy Corporation (NASDAQ:ZAZA) announced that on March 18, 2014, the Company received a letter from NASDAQ Stock Market LLC (‘NASDAQ’) indicating that it is not in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5550(a)(2) which requires listed securities to maintain a minimum bid price of $1.00 per share. ZaZa Energy Corp (NASDAQ:ZAZA), shares fell 13.13% in last trading session and ended the day on $0.530. ZaZa Energy Corp (NASDAQ:ZAZA), return on equity ratio is recorded as 562.10% and its return on assets is -121.10%. ZaZa Energy Corp (NASDAQ:ZAZA), yearly performance is -67.48%.
On April 10, 2014, American Vanguard Corporation (NYSE:AVD) announced that elevated channel inventories, arising primarily from weather conditions in the Midwestern United States, will affect its first quarter 2014 financial performance. Net sales for the first quarter of 2014 will be approximately 33% below those of the comparable period in 2013, and we anticipate reporting net earnings that range from break-even to a few cents per share for the quarter. American Vanguard Corp. (NYSE:AVD), shares moved down 1.35% in last trading session and was closed at $20.48, while trading in range of $ 20.26 – 20.73. American Vanguard Corp. (NYSE:AVD), year to date (YTD) performance is -15.48%.
On April 7, 2014, TGC Industries Inc (NASDAQ:TGE) announced plans to release its first quarter 2014 financial results on Monday, April 28, 2014 before the market opens. In conjunction with the release, TGC Industries has scheduled a conference call, which will be broadcast live over the Internet, that same day at 9:30 a.m. eastern time (8:30 a.m. central time). TGC Industries Inc (NASDAQ:TGE), weekly performance is -6.46%. On last trading day company shares ended up $5.65. TGC Industries Inc (NASDAQ:TGE), distance from 50-day simple moving average (SMA50) is -13.89%. Analysts mean target Price for the company is $8.40.
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