Investor’s Alert: Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) , Sirius XM Holdings (NASDAQ:SIRI), Micron Technology (NASDAQ:MU), Alcoa Inc (NYSE:AA)

Posted by on Apr 21, 2014

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has had a mixed response since its earnings have not been that good yet it has been trying on new ventures. Petroleo Brasileiro Petrobras has made an announcement that its new oil well has started its operation and will now begin producing a significant amount of oil. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) shares after opening at $13.41 moved to $14.22 on last trade day and at the end of the day closed at $14.01. Company price to sales ratio in past twelve months was calculated as 0.66 and price to cash ratio as 3.57. Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) showed a positive weekly performance of 2.26%.

Sirius XM Holdings Inc. (NASDAQ:SIRI) is not lying still and waiting to be run over by either Apple or the other big internet radio and music streaming service provider Pandora Media Inc (NYSE:P). With exclusive partnerships, Sirius is going to provide extensive coverage of the 2014 MLB season and the US PGA Tour on SiriusXM PGA Tour Radio. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares fell -0.95% in last trading session and ended the day on $3.14. SIRI return on equity ratio is recorded as 15.70% and its return on assets is 5.60%. Sirius XM Holdings Inc. (NASDAQ:SIRI) yearly performance is 5.02%.

The largest U.S. maker of memory chips, Micron Technology, Inc. (NASDAQ:MU) announced its fiscal Q2 sales that have gone on to beat analysts’ estimates. This has happened because limited supplies had bolstered prices amid low demands for computers and phones.Micron Technology, Inc. (NASDAQ:MU) shares moved up 6.36% in last trading session and was closed at $23.91, while trading in range of $ 23.03 – 24.14. Micron Technology, Inc.(NASDAQ:MU) year to date (YTD) performance is 9.93%.

Alcoa Inc (NYSE:AA) invested $40 million for rolling mills in Itapissuma, Brazil to increase production of specialty foils for packaging. The mill will start producing specialty rolls by 2016. Alcoa Inc (NYSE:AA) weekly performance is 6.77%. On last trading day company shares ended up $13.56. Alcoa Inc (NYSE:AA) distance from 50-day simple moving average (SMA50) is 12.50%. Analysts mean target price for the company is $12.00.

Leave a Reply

Your email address will not be published.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