Services Sector New Lows: HMS Holdings Corp (NASDAQ:HMSY), KBR (NYSE:KBR), Express (NYSE:EXPR), Tarena International (NASDAQ:TEDU)

Posted by on Apr 15, 2014

HMS Holdings Corp. (NASDAQ:HMSY) had its price target lowered by Jefferies Group from $30.00 to $28.00 in a research note issued to investors on Monday, AnalystRatingsNetwork reports. HMS Holdings Corp (NASDAQ:HMSY), shares after opening at $17.00 moved to $17.00 on last trade day and at the end of the day closed at $16.50. Company price to sales ratio in past twelve months was calculated as 2.94 and price to cash ratio as 15.46. HMS Holdings Corp (NASDAQ:HMSY), showed a negative weekly performance of 9.09%.

Shares of KBR (NYSE:KBR) were the recipient of a large drop in short interest in the month of January. As of March 14th, there was short interest totalling 2,405,690 shares, a drop of 41.6% from the February 28th total of 4,117,165 shares,StockRatingsNetwork.com reports. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 2,941,345 shares, the short-interest ratio is currently 0.8 days. KBR, Inc. (NYSE:KBR), shares fell 0.04% in last trading session and ended the day on $26.05. KBR, Inc. (NYSE:KBR), return on equity ratio is recorded as 15.30% and its return on assets is 7.40%. KBR, Inc. (NYSE:KBR), yearly performance is -6.02%.

Express, Inc. (NASDAQ:EXPR) issued an update on its FY15 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.03-1.23 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59, AnalystRatingsNetwork.comreports. Express also updated its Q1 guidance to $0.12-0.18 EPS. Express, Inc. (NYSE:EXPR), shares moved down 0.13% in last trading session and was closed at $15.04, while trading in range of $ 14.83 – 15.27. Express, Inc. (NYSE:EXPR), year to date (YTD) performance is -19.44%.

On April 3, 2014, Tarena International Inc(ADR) (NASDAQ:TEDU), a leading provider of professional education services in China has priced its initial public offering of 15,300,000 American Depositary Shares (“ADSs”) at US$9.00 per ADS. Tarena International Inc(ADR) (NASDAQ:TEDU), weekly performance is -6.95%. On last trading day company shares ended up $7.50. Tarena International Inc(ADR) (NASDAQ:TEDU), distance from 50-day simple moving average (SMA50) is -10.09%.

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