Financial Sector Voaltile Movements: Doral Financial. (NYSE:DRL), Gain Capital (NYSE:GCAP), China Commercial Credit (NASDAQ:CCCR), The First Marblehead (NYSE:FMD), Altisource Asset Management (NYSEMKT:AAMC)

Posted by on Jun 25, 2014

This morning, Doral Financial Corporation (NYSE: DRL) filed papers appealing a decision by the Court of First Instance in Puerto Rico and asking the Puerto Rico Supreme Court to assume jurisdiction of the appeal. Doral Financial Corp. (NYSE:DRL) net profit margin is -27.90% and weekly performance is 0.88%. On last trading day company shares ended up $4.59. Doral Financial Corp. (NYSE:DRL) distance from 50-day simple moving average is -12.46%.

Gain Capital Holdings (NASDAQ:GCAP) CMO Samantha Roady sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $7.67, for a total value of $61,360.00. Following the transaction, the chief marketing officer now directly owns 80,650 shares in the company, valued at approximately $618,586. Gain Capital Holdings Inc (NYSE:GCAP) shares fell -8.69% in last trading session and ended the day on $8.09. GCAP Gross Margin is 68.70% and its return on assets is 3.30%. Gain Capital Holdings Inc (NYSE:GCAP) quarterly performance is -28.47%.

On May 16, 2014 China Commercial Credit Inc (NASDAQ:CCCR), a microfinance company providing financial services to small-to-medium enterprises (SMEs), farmers and individuals in Jiangsu Province, reported that, for the three months ended March 31, 2014, the company reported net income of $1,093,633, or $.10 per share, on revenue of $2,054,009. This compares with net income of $1,569,868, or $.17 per share, on revenue of $2,670,253 in the like year-ago quarter. Total weighted average shares outstanding were 10,434,862 in the first quarter of 2014 versus 9,000,000 in the first quarter of 2013. China Commercial Credit Inc (NASDAQ:CCCR) shares moved down -2.86% in last trading session and was closed at $3.06, while trading in range of $2.88-$3.17. China Commercial Credit Inc (NASDAQ:CCCR) year to date performance is -58.93%.

An investigation for long-term stockholders of The First Marblehead Corporation (NYSE:FMD) shares was announced and current long-term NYSE:FMD stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.comThe First Marblehead Corporation (NYSE:FMD) ended the last trading day at $4.26. Company weekly volatility is calculated as 5.76% and price to cash ratio as 0.46. The First Marblehead Corporation (NYSE:FMD) showed a negative weekly performance of -10.13%.

Altisource Asset Management Corp (NASDAQ:AAMC) major shareholder Luxor Capital Group, Lp acquired 2,371 shares of the company’s stock in a transaction that occurred on Friday, May 30th. The stock was purchased at an average price of $964.35 per share, for a total transaction of $2,286,473.85. The acquisition was disclosed in a document filed with the SEC. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC. Altisource Asset Management Corp (NYSEMKT:AAMC) net profit margin is 1.70% and weekly performance is 787%. On last trading day company shares ended up $747.95. Altisource Asset Management Corp (NYSEMKT:AAMC) distance from 50-day simple moving average is -22.39%.

Leave a Reply

Your email address will not be published. Required fields are marked *