NYSE Overbought Stocks: CenturyLink (NYSE:CTL), Entergy Corporation (NYSE:ETR), Companhia Brasileira de Distrib. (NYSE:CBD), Banco Macro SA (NYSE:BMA)

Posted by on Apr 09, 2014

CenturyLink, Inc. (NYSE:CTL) Insider Jeffrey H. Vondeylen sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, April 4th. The stock was sold at an average price of $33.56, for a total value of $671,200.00. Following the completion of the transaction, the insider now directly owns 85,284 shares of the company’s stock, valued at approximately $2,862,131. CenturyLink, Inc. (NYSE:CTL) shares after opening at $33.57 on last trade day and at the end of the day closed at $33.94. Company price to sales ratio in past twelve months was calculated as 1.08 and price to cash ratio as 116.76. CenturyLink, Inc. (NYSE:CTL) showed a positive weekly performance of 2.60%.

Entergy (NYSE:ETR) had its target price boosted by BMO Capital Markets from $63.00 to $70.00 in a report issued on Monday, American Banking and Market News reports. Entergy Corporation (NYSE:ETR) shares advanced 1.52% in last trading session and ended the day on $70.19. ETR return on equity ratio is recorded as 9.30% and its return on assets is 2.00%. Entergy Corporation (NYSE:ETR) yearly performance is 9.13%.

Investors certainly have to be happy with Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) and its short term performance. After all, the stock has jumped by 10.5% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for CBD? While we can never know for sure, it is pretty encouraging that estimates for CBD have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #1 (Strong Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks. Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) shares moved up 0.45% in last trading session and was closed at $48.74, while trading in range of $48.21 – $49.77. Companhia Brasileira de Distrib. (ADR) (NYSE:CBD) year to date (YTD) performance is 9.11%.

March 19 — Banco Macro SA:Fitch Ratings has affirmed international ratings of Banco Macro (Macro)-DJ.Fitch affirmed at b- and B-, respectively, bank viability ratings (VR) and long term local currency Issuer Default Ratings (LT LC IDR).Rating outlook on LT LC IDRs remains negative.Fitch has also affirmed ratings on Macro senior unsecured and subordinated debt at B-/RR4 and CCC/RR6, respectively. Banco Macro SA (ADR) (NYSE:BMA) weekly performance is 11.20%. On last trading day company shares ended up $31.97. Banco Macro SA (ADR) (NYSE:BMA) distance from 50-day simple moving average (SMA50) is 38.41%. Analysts mean target price for the company is $24.62.

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