Basic Material Overbought Stocks: Banro Corporation (NYSEMKT:BAA), Emerge Energy Services (NYSE:EMES), Advantage Oil & Gas (NYSE:AAV), Western Gas Equity (NYSE:WGP)

Banro Corporation (USA) (NYSE:BAA) posted its quarterly earnings results on Monday. The company reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.02, AnalystRatings.NET reports. Banro Corporation (USA) (NYSEMKT:BAA) shares after opening at $0.52 moved to $0.53 on last trade day and at the end of the day closed at $0.517. Company price to sales ratio in past twelve months was calculated as 1.09 and price to cash ratio as 8.75. Banro Corporation (USA) (NYSEMKT:BAA) showed a positive weekly performance of 1.37%.

Emerge Energy Services LP Common Units representing Limited Partner Interests (NASDAQ:EMES) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Wednesday, Analyst Ratings Network reports. Emerge Energy Services LP (NYSE:EMES) shares advanced 7.23% in last trading session and ended the day on $66.27. Emerge Energy Services LP (NYSE:EMES) return on equity ratio is recorded as 18.40% and its return on assets is 7.50%.

TD Securities has raised its price target on shares of Advantage Oil & Gas Ltd (USA) (NYSE:AAV) from C$6.50 to C$7.00. They have a buy rating on that stock. Advantage Oil & Gas Ltd (USA) (NYSE:AAV) shares moved down -0.20% in last trading session and was closed at $5.02 while trading in range of $4.97 -$5.10 – Advantage Oil & Gas Ltd (USA) (NYSE:AAV) year to date (YTD) performance is 15.67%.

Western Gas Equity Partners LP (NYSE:WGP) had its target price upped by analysts at Citigroup Inc (NYSE:C) to $74 from $71. So far the stock carries consensus buy rating and average price target of $52.53 following comments from eight rating firms. Shares of the company closed up more than 1.6 percent to $49.85 in the previous session. Western Gas Equity Partners LP (NYSE:WGP) weekly performance is 4.74%. On last trading day company shares ended up $49.49. Western Gas Equity Partners LP (NYSE:WGP) distance from 50-day simple moving average (SMA50) is 13.87%. Analysts mean target price for the company is $49.32.