Consumer Goods Voaltile Stocks: Everyware Global Inc (NASDAQ:EVRY), Inventure Foods Inc (NASDAQ:SNAK), Verso Paper Corp. (NYSE:VRS), Reed’s (NYSEMKT:REED)

Posted by on Jul 09, 2014

Everyware Global Inc (NASDAQ:EVRY), stock is down over 8% pre-market, following an increase of about 150% in the last five days. The share price was stable in January and most of February. It declined in the third week of February, and reached an all-time low on May 16, closing at $0.939. It spiked 17.7% on July 1, following the announcement of the extension of the company’s forbearance agreement with lenders until July 15. The extension gave time to EveryWare to negotiate a long-term financing solution at the cost of changes in the loan term agreement. The stock has increased 164.6% since June 30. Everyware Global Inc (NASDAQ:EVRY), net profit margin is -12.80% and weekly performance is 110.77%. On last trading day company shares ended up $2.74. Analysts mean target price for the company is $3.00. Everyware Global Inc (NASDAQ:EVRY), distance from 50-day simple moving average (SMA50) is 67.28%.

Zacks cut shares of Inventure Foods Inc (NASDAQ:SNAK), from an outperform rating to a neutral rating in a research note issued to investors on Wednesday. The firm currently has $14.50 price target on the stock. Inventure Foods Inc (NASDAQ:SNAK), fell 5.31% in last trading session and ended the day on $10.52. SNAK, Gross Margin is 17.80% and its return on assets is 4.90%. Inventure Foods Inc (NASDAQ:SNAK), quarterly performance is -22.36%.

On July 02, 2014, Verso Paper Corp. (NYSE:VRS), announced that two of its wholly owned subsidiaries, Verso Paper Holdings LLC and Verso Paper Inc. (collectively, the “Issuers”), have launched offers to exchange (i) new Second Priority Adjustable Senior Secured Notes (the “New Second Lien Notes”) and warrants (“Warrants”) that will be mandatorily convertible into shares of common stock of Verso (“Common Stock”) immediately prior to the completion of the Merger described below for any and all of the Issuers’ outstanding 8.75% Second Priority Senior Secured Notes due 2019 (the “Old Second Lien Notes”) and (ii) new Adjustable Senior Subordinated Notes (the “New Subordinated Notes”) and Warrants for any and all of the Issuers’ 11 3/8% Senior Subordinated Notes due 2016 (the “Old Subordinated Notes”). Verso Paper Corp. (NYSE:VRS), shares moved down 3.20% in last trading session and was closed at $2.72, while trading in range of $2.48 – 2.78. Verso Paper Corp. (NYSE:VRS), year to date (YTD) performance is 331.75%.

Reed’s, Inc. (NYSEMKT:REED), announces the launch of “25 Years of Ginger Love” to celebrate a quarter century of making Reed’s Ginger Brew, being the top-selling natural sodas in the country and selling their 400(th) million bottle. Through the sweepstake, the grand prize winner will win the current cash value of 2,500 shares (as of December 8, 2014) of Reed’s common stock (NYSE MKT: REED). Additionally, Reed’s will give away hundreds of 25(th) anniversary t-shirts, Moscow Mule mugs, Reed’s Ginger Brew packs and coupons to the company’s online store. Everyone wins! Reed’s, Inc. (NYSEMKT:REED), ended the last trading day at $5.08. Company weekly volatility is calculated as 7.12% and price to cash ratio as 60.27. Reed’s, Inc. (NYSEMKT:REED), showed a negative weekly

performance of 2.87%.

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