Services Sector Volatile Stocks: Genco Shipping & Trading (NYSE:GNK), Vipshop (NYSE:VIPS), Central European Media (NASDAQ:CETV), TravelCenters of America (NYSE:TA)

Shares of Genco Shipping & Trading (NYSE:GNK) were the target of unusually large options trading on Thursday. Stock traders acquired 43,260 put options on the stock, Analyst Ratings.Net reports. This represents an increase of approximately 1,123% compared to the typical volume of 3,537 put options. Genco Shipping & Trading Limited (NYSE:GNK) shares after opening at $1.65 moved to $1.86 on last trade day and at the end of the day closed at $1.24. Company price to sales ratio in past twelve months was calculated as 0.28 and price to cash ratio as 0.49.Genco Shipping & Trading Limited (NYSE:GNK) showed a negative weekly performance of -15.65%.

Vipshop Holdings Limited (VIPS) declared the pricing of (i) its public offering of US$550,000,000 aggregate principal amount of its 1.50% convertible senior notes due 2019, which has been upsized from the previously declared offer amount of US$400,000,000 and (ii) the public offering by certain selling shareholders of the Company of an aggregate of 1,140,000 American Depositary Shares at a price to public of US$143.74 per ADS. Vipshop Holdings Ltd – ADR (NYSE:VIPS) shares fell -6.78% in last trading session and ended the day on $140.37. VIPS return on equity ratio is recorded as 19.60% and its return on assets is 5.90%. Vipshop Holdings Ltd – ADR (NYSE:VIPS) yearly performance is 379.08%.

Central European Media Enterprises Ltd (NASDAQ:CETV) announced that non-executive Chairman of the company’s Board of Directors, Ronald S. Lauder, is now resigning from the Board. Mr. Lauder, who is a founder of the company , has been very instrumental to the company and the growth of its independent TV broadcasting in Central & in Eastern Europe, starting with the launch of the TV Nova within in the Czech Republic in the year 1994 as the country’s 1st Enterprises Ltd (NASDAQ:CETV) expanded very fast in the region, and has thrived on production of the independent news & locally-produced programming. Central European Media Enterprises Ltd. (NASDAQ:CETV) shares moved down -7.02% in last trading session and was closed at $3.31, while trading in range of $3.26-$3.65. Central European Media Enterprises Ltd. (NASDAQ:CETV) year to date performance is -13.80%.

TravelCenters of America LLC (TravelCenters) operates and franchises travel centers primarily along the United States interstate highway system. The Company’s customers include trucking fleets and their drivers, independent truck drivers and motorists. TravelCenters of America LLC (NYSE:TA) weekly performance is -3.73%. On last trading day company shares ended up $8.26.TravelCenters of America LLC (NYSE:TA) distance from 50-day simple moving average is -5.76%. Analysts mean target price for the company is $12.00.

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