Mid Cap Stocks Touching new Highs: Assured Guaranty (NYSE:AGO), RPC, Inc. (NYSE:RES), Spirit Airlines Incorporated (NASDAQ:SAVE), Signet Jewelers (NYSE:SIG)
Standard & Poor’s Ratings Services (S&P) has raised to AA Stable Outlook (from AA- Stable Outlook) the financial strength ratings of bond insurers Assured Guaranty Municipal Corp. (AGM), Municipal Assurance Corp. (MAC) and Assured Guaranty Corp. (AGC), European financial guarantors Assured Guaranty (Europe) Ltd. (AGE) and Assured Guaranty (UK) Ltd., and reinsurer Assured Guaranty Re Ltd., which are the principal operating subsidiaries of Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty). Assured Guaranty Ltd. (NYSE:AGO) shares after opening at $25.51 moved to $26.76 on last trade day and at the end of the day closed at $26.65. Company price to sales ratio in past twelve months was calculated as 4.10 and price to cash ratio as 45.98. Assured Guaranty Ltd. (NYSE:AGO) showed a positive weekly performance of 1.99%.
RPC (NYSE:RES) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Wednesday,AnalystRatings.Net reports. RPC, Inc. (NYSE:RES) shares advanced 2.17% in last trading session and ended the day on $ 19.76. RES return on equity ratio is recorded as 17.80% and its return on assets is 12.30%. RPC, Inc. (NYSE:RES) yearly performance is 23.50%.
Assured Guaranty Ltd. (NYSE:AGO) announced its financial results for the three-month period ended December 31, 2013 (fourth quarter 2013) and the year ended December 31, 2013 (FY 2013). Spirit Airlines Incorporated (NASDAQ:SAVE) shares moved up 3.56% in last trading session and was closed at $63.05 while trading in range of $61.22 – $63.53 – Spirit Airlines Incorporated (NASDAQ:SAVE) year to date (YTD) performance is 38.85%.
Signet Jewelers (NYSE:SIG) was downgraded by analysts at UBS AG to a neutral rating. Signet Jewelers Ltd. (NYSE:SIG) weekly performance is 4.47%. On last trading day company shares ended up $101.85. Signet Jewelers Ltd. (NYSE:SIG) distance from 50-day simple moving average (SMA50) is 20.54%. Analysts mean target price for the company is $97.64.