NYSE Volatile Stocks: Miller Energy Resources Inc (NYSE:MILL), Dominion Resources Black Warrior Trust (NYSE:DOM), Cheetah Mobile (NYSE:CMCM), Frontline. (NYSE:FRO), Aspen Aerogels (NYSE:ASPN)

Posted by on Jun 24, 2014

Miller Energy Resources Inc (NYSE:MILL) announced that its WMRU-2 Sidetrack (WMRU-2B) well has been completed and was successfully brought online on June 7, 2014. After clearing the well of drilling fluids from the sidetrack, a subsequent well test showed an initial seven day average production rate (IP) of approximately 630 barrels of oil equivalent per day (boepd), with a water cut of 63%. Miller Energy Resources Inc (NYSE:MILL) net profit margin is -67.10% and weekly performance is 8.68%. On last trading day company shares ended up $5.51. Analysts mean target price for the company is $8.07. Miller Energy Resources Inc (NYSE:MILL) distance from 50-day simple moving average (SMA50) is 8.83%.

On 18 JUNE Dominion Resources Black Warrior Trust (NYSE:DOM) said that it has contacted the Trustee in accordance with its usual practice. The Trustee stated that its policy is not to comment on unusual market activity. Dominion Resources Black Warrior Trust (NYSE:DOM) shares fell -9.95% in last trading session and ended the day on $5.70. DOM return on assets is 72.50%. Dominion Resources Black Warrior Trust (NYSE:DOM) quarterly performance is -17.87%.

On 11 JUNE Cheetah Mobile Inc (ADR) (NYSE:CMCM) announced that it has reached a definitive agreement to fully acquire HongKong Zoom Interactive Network Marketing Technology Limited for a total consideration payable of up to $30 million, which includes $20 million in cash and about $4 million in Cheetah restricted Class A ordinary shares, which will be payable upon closing of the transaction. Cheetah Mobile Inc (ADR) (NYSE:CMCM) shares moved up 6.74% in last trading session and was closed at $23.27, while trading in range of $20.58 – $23.37Cheetah Mobile Inc (ADR) (NYSE:CMCM) year to date (YTD) performance is 65.04%.

Frontline Ltd. (NYSE:FRO) said it was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company. Frontline Ltd. (NYSE:FRO) ended the last trading day at $2.92. Company weekly volatility is calculated as 8.14% and price to cash ratio as 2.29. Frontline Ltd. (NYSE:FRO) showed a positive weekly performance of 21.16%.

On 18 JUNE Aspen Aerogels Inc (NYSE:ASPN) announced the closing of its initial public offering of 7,500,000 shares of common stock at a public offering price of $11.00 per share for total gross proceeds of$82,500,000. The shares began trading on the New York Stock Exchange on June 13, 2014 under the symbol “ASPN.” Aspen Aerogels Inc (NYSE:ASPN) weekly performance is 7.62%. On last trading day company shares ended up $11.44. Aspen Aerogels Inc (NYSE:ASPN) distance from 50-day simple moving average (SMA50) is 8.83%.

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