Services Sector Losers: Eagle Bulk Shipping (NASDAQ:EGLE), Caesars Entertainment (NASDAQ:CZR), InterCloud Systems (NASDAQ:ICLD), Rentrak Corporation (NASDAQ:RENT)

Posted by on Apr 15, 2014

Eagle Bulk Shipping, Inc. (NASDAQ:EGLE) was a big mover last session, as the company saw its shares rise 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) shares after opening at $3.51 moved to $3.68 on last trade day and at the end of the day closed at $3.18. Company price to sales ratio in past twelve months was calculated as 0.27 and price to cash ratio as 1.61. Eagle Bulk Shipping Inc. (NASDAQ:EGLE) showed a negative weekly performance of -29.49%.

Caesars Entertainment Corp. (NASDAQ:CZR) and the New York Mets extended their marketing and promotional agreement through 2018, which gives the casino company a presence at Citi Field, the Major League Baseball team’s home park. Caesars Entertainment Corp (NASDAQ:CZR) shares fell -5.18% in last trading session and ended the day on $17.76. CZR return on equity ratio is recorded as 204.70% and its return on assets is -12.00%. Caesars Entertainment Corp (NASDAQ:CZR) yearly performance is 27.31%.

Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against InterCloud Systems, Inc (NASDAQ:ICLD) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws. InterCloud Systems Inc (NASDAQ:ICLD) shares moved down -10.35% in last trading session and was closed at $5.37 while trading in range of $ 5.32 – $6.19 – InterCloud Systems Inc (NASDAQ:ICLD) year to date (YTD) performance is -70.75%.

Rentrak Corporation (NASDAQ:RENT), the leader in precisely measuring movies and TV everywhere, announced the worldwide weekend box office estimates for the weekend of April 13, 2014 as compiled by the company’s Box Office Essentials andInternational Box Office Essentials theatrical measurement services. Rentrak Corporation (NASDAQ:RENT) weekly performance is -11.47%. On last trading day company shares ended up $47.69. Rentrak Corporation (NASDAQ:RENT) distance from 50-day simple moving average (SMA50) is -22.75%. Analysts mean target price for the company is $69.50.

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