Services Sector Unusal Volume: Danaos Corporation (NYSE:DAC), Command Security Corporation (NYSEMKT: MOC), Alco Stores Inc (NASDAQ:ALCS), Stantec (NYSE:STN), TOP Ships. (NASDAQ:TOPS)

Posted by on Jun 25, 2014

Danaos Corporation (NYSE:DAC) net profit margin is 6.40% and weekly performance is -3.22%. On last trading day company shares ended up $6.02. Analysts mean target price for the company is $6.50. Danaos Corporation (NYSE:DAC) distance from 50-day simple moving average (SMA50) is -1.04%.

On 16 JUNE Command Security Corporation (NYSEMKT: MOC) reported its financial results for its fourth fiscal quarter and fiscal year ended March 31, 2014. Revenues for the fiscal year ending March 31, 2014, were $156,710,517, compared with revenues of $150,218,967 for the fiscal year ended March 31, 2013, an increase of 4.3%. Operating income for the fiscal year ended March 31, 2014, was $2,621,806, or 1.7% of revenue, compared with operating income of $1,669,153, or 1.1% of revenue, in the prior fiscal year. Net income for the fiscal year ended March 31, 2014 was $1,109,746, or $0.12 per basic and diluted share, compared with $496,320, or $0.05 per basic and diluted share, in the same period of the prior fiscal year. Command Security Corporation (NYSEMKT: MOC) shares advanced 5.11% in last trading session and ended the day on $1.85. MOC Gross Margin is 13.30% and its return on assets is 2.80%. Command Security Corporation (NYSEMKT: MOC) quarterly performance is -5.13%.

On 9 JUNE Alco Stores Inc (NASDAQ:ALCS) announced that its Board of Directors (the “Board”) has approved the amendment and restatement of its stockholders rights agreement (the “Rights Plan”) to remove changes to the Rights Agreement adopted in a prior amendment exclusively for the purposes of the unconsummated transaction with an affiliate of Argonne Capital Group, LLC, to consolidate other changes in prior amendments to the Rights Agreement and to provide that the Rights Agreement will terminate pursuant to its terms unless it is approved by the Company’s stockholders at the upcoming Annual Meeting of Stockholders, or approved by the Company’s stockholders at a later date prior to September 30, 2014. Alco Stores Inc (NASDAQ:ALCS) shares moved down -1.53% in last trading session and was closed at $7.70, while trading in range of $7.57 – $7.98. Alco Stores Inc (NASDAQ:ALCS) year to date (YTD) performance is -18.52%.

Stantec Inc. (USA) (NYSE:STN) declared a quarterly dividend. Stockholders of record on Friday, June 27th will be given a dividend of 0.185 per share on Thursday, July 17th. This represents a $0.74 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date is Wednesday, June 25th. Stantec Inc. (USA) (NYSE:STN) ended the last trading day at $62.27. Company weekly volatility is calculated as 0.57% and price to cash ratio as 21.80. Stantec Inc. (USA) (NYSE:STN) showed a positive weekly performance of 0.31%.

TOP Ships Inc. (NASDAQ:TOPS) announced that the underwriters of its previously announced underwritten public offering of 10,000,000 common shares, and warrants to purchase 5,000,000 common shares, have partially exercised their option to purchase an additional 660,000 common shares from the Company at $2.00 per share, in addition to the previously announced partial exercise of this option to purchase 330,000 additional warrants, to cover over-allotments, bringing total gross proceeds from the offering to approximately $21,320,050 before deducting underwriting discounts and commissions and other offering expenses payable by the Company. TOP Ships Inc. (NASDAQ:TOPS) weekly performance is 1.37%. On last trading day company shares ended up $2.23. Analysts mean target price for the company is $0.25. TOP Ships Inc. (NASDAQ:TOPS) distance from 50-day simple moving average (SMA50) is -54.32%.

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