Hot Stocks: Transocean LTD (NYSE:RIG), Stillwater Mining Company (NYSE:SWC), Keating Capital (NASDAQ:KIPO), International Business Machines (NYSE:IBM)

Posted by on Apr 20, 2014

Transocean LTD logo Transocean LTD (NYSE:RIG) was upgraded by equities researchers at Deutsche Bank from a “sell” rating to a “hold” rating in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $45.00 price objective on the stock. Deutsche Bank’s target price would indicate a potential upside of 14.07% from the stock’s previous close. Transocean LTD (NYSE:RIG) shares after opening at $40.80 moved to $40.95 on last trade day and at the end of the day closed at $40.58. Company price to sales ratio in past twelve months was calculated as 1.57 and price to cash ratio as 4.83. Transocean LTD (NYSE:RIG) showed a negative weekly performance of -0.05%.

Stillwater Mining Company (NYSE:SWC) on 17 April reported first quarter 2014 platinum group metals production from its Montana mines and from its recycling activities. Stillwater Mining Company (NYSE:SWC) shares fell -4.20% in last trading session and ended the day on $15.50.SWC return on equity ratio is recorded as -27.40% and its return on assets is -16.90%. Stillwater Mining Company (NYSE:SWC) yearly performance is 49.47%.

Keating Capital, Inc. (NASDAQ:KIPO) notes that, TrueCar, Inc. and Zoosk, Inc., both Keating Capital portfolio companies, filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering (“IPO”) of common stock. Keating Capital Inc. (NASDAQ:KIPO) shares moved up 1.98% in last trading session and was closed at $6.13, while trading in range of $6.01 – $6.13. Keating Capital Inc. (NASDAQ:KIPO) year to date (YTD) performance is 1.32%.

Technology services and computing giant International Business Machines Corp (NYSE:IBM) Wednesday reported quarterly revenue of $22.5 billion, its lowest in five years, as the company struggles with falling demand for its storage and server products. International Business Machines Corp. (NYSE:IBM) weekly performance is -2.90%. On last trading day company shares ended up $190.01. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is 1.50%. Analysts mean target price for the company is $192.86.

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