Consumer Goods Gainers: Baker Hughes Incorporated (NYSE:BHI), G-III Apparel Group (NASDAQ:GIII), Tuniu Corp (NASDAQ:TOUR), Sequential Brands Group (NASDAQ:SQBG), UQM Technologies (NYSEMKT:UQM)

Posted by on Jun 26, 2014

Baker Hughes Incorporated (NYSE:BHI), SVP Alan R. Crain, Jr. unloaded 16,796 shares of the company’s stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $73.69, for a total value of $1,237,697.24. Following the completion of the transaction, the senior vice president now directly owns 75,131 shares in the company, valued at approximately $5,536,403. Baker Hughes Incorporated (NYSE:BHI), net profit margin is 5.10% and weekly performance is 0.52%. On last trading day company shares ended up $72.85. Analysts mean target price for the company s $72.48. Baker Hughes Incorporated (NYSE:BHI), distance from 50-day simple moving average (SMA50) is 3.90%.

On June 23, 2014, G-III Apparel Group, Ltd. (NASDAQ:GIII), announced that it is offering to sell 1,500,000 shares of its common stock in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an additional 225,000 shares of common stock from G-III. G-III Apparel Group, Ltd. (NASDAQ:GIII), advanced 5.76% in last trading session and ended the day on $82.10. GIII, Gross Margin is 34.40% and its return on assets is 9.00%. G-III Apparel Group, Ltd. (NASDAQ:GIII), quarterly performance is 17.96%.

Morgan Stanley assumed coverage on shares of Tuniu Corp (NASDAQ:TOUR), in a research note issued to investors on Wednesday. The firm issued an equal weight rating and a $19.50 price target on the stock. Tuniu Corp (NASDAQ:TOUR), shares moved up 8.02% in last trading session and was closed at $16.71, while trading in range of $15.52 – 16.95. Tuniu Corp (NASDAQ:TOUR), year to date (YTD) performance is 65.94%.

Sequential Brands Group Inc (NASDAQ:SQBG)’s portfolio expands from 8 to 12 brands, adding Avia, AND1, Nevados, and Linens ‘N Things with the purchase of Galaxy Brands for $100M in cash and 13.75M in shares. Galaxy owner Carlyle Group will become a significant shareholder in Sequential and take one seat on the company board. Sequential Brands Group Inc (NASDAQ:SQBG), ended the last trading day at $13.68. Company weekly volatility is calculated as 9.16% and price to cash ratio as 15.35. Sequential Brands Group Inc (NASDAQ:SQBG), showed a negative weekly performance of 18.13%.

Equities researchers at HC Wainwright initiated coverage on shares of UQM Technologies Inc (NYSEMKT:UQM), in a research report issued on Thursday. The firm set a “buy” rating on the stock. UQM Technologies Inc (NYSEMKT:UQM), net profit margin is -40.00% and weekly performance is 7.77%. On last trading day company shares ended up $2.22. Analysts mean target price for the company is $3.50. UQM Technologies Inc (NYSEMKT:UQM), distance from 50-day simple moving average (SMA50) is 4.58%.

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