Services Sector Losers: Genco Shipping & Trading Limited (NYSE:GNK), WidePoint Corporation (NYSEMKT:WYY), DLH Holdings (NASDAQ:DLHC), Chanticleer Holdings (NASDAQ:HOTR)

On Last weekend, shipping stocks climbed much higher even as the Baltic Dry-Index added 8-points to the 1,258 points. There was also some bullish-commentary from numerous dry-shipping companies. Genco Shipping & Trading Limited (NYSE:GNK), FreeSeas, Baltic Trading Ltd, Eagle Bulk Shipping Inc and the Golar LNG Limited, all had gained in the 5-10 percent range. Genco Shipping & Trading Limited (NYSE:GNK) shares after opening at $1.78 moved to $1.81 on last trade day and at the end of the day closed at $1.61. Company price to sales ratio in past twelve months was calculated as 0.37 and price to cash ratio as 0.65. Genco Shipping & Trading Limited (NYSE:GNK) showed a positive weekly performance of 8.78%.

On Mar 18, 2014, Thales , leader in information systems and communications security, announces that Operational Research Consultants, Inc. (ORC), a subsidiary of WidePoint Corporation (nyse mkt:WYY) and pioneer in Federal identity management, has deployed Thales nShield hardware security modules (HSMs) to provide high levels of assurance for Federal cloud services and prove that the cloud really can be as safe, or even safer, than on-premise deployments – even for organizations as security-focused as the U.S. Federal Government. WidePoint Corporation (NYSEMKT:WYY) shares fell -5.00% in last trading session and ended the day on $1.52. WYY return on equity ratio is recorded as 5.00% and its return on assets is 3.20%. WidePoint Corporation (NYSEMKT:WYY) yearly performance is 133.85%.

DLH Holdings Corp. (NASDAQ:DLHC) through its subsidiary, DLH Solutions, Inc., provides healthcare delivery solutions, logistics and technical services, and contingency/staff augmentation services. DLH Holdings Corp. (NASDAQ:DLHC) shares moved down -12.15% in last trading session and was closed at $2.24, while trading in range of $2.20-$2.48. DLH Holdings Corp. (NASDAQ:DLHC) year to date performance is 46.41%.

Chanticleer Holdings Inc (NASDAQ:HOTR) is owner and operator of multiple restaurant brands internationally and domestically, announces the release of its 2013 financial results for the fourth quarter and full year ended December 31, 2013. Revenue for the fourth quarter 2013 was $3.3 million, compared with $2.0 million in the comparable period in 2012, an increase of 66.8%. For the full year 2013, revenue was $8.2 million compared with $6.9 million in the comparable period in 2012, an increase of 20.4%. Chanticleer Holdings Inc (NASDAQ:HOTR) weekly performance is 2.59%. On last trading day company shares ended up $3.57. Chanticleer Holdings Inc (NASDAQ:HOTR) distance from 50-day simple moving average is -9.57%.

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