Small Cap New Lows: Aeropostale Inc (NYSE:ARO), Silvercorp Metals (NYSE:SVM), General Cable Corporation (NYSE:BGC), Tata Consultancy Services (NYSE:TCS)
Aeropostale Inc (NYSE:ARO) missed earnings, gave a dismal 2014 outlook, and saw inventory and A/P balloon during 4Q. Aeropostale Inc (NYSE:ARO) shares after opening at $5.24moved to $5.24 on last trade day and at the end of the day closed at $4.99. Company price to sales ratio in past twelve months was calculated as0.19 and price to cash ratio as3.68. Aeropostale Inc (NYSE:ARO) showed a negative weekly performance of-14.26%.
Silvercorp Metals Inc (NYSE:SVM) reported results of the company’s 2013 underground diamond drilling-program at its LM & LMW mines, in the Ying Mining District, in Henan Province, China. Silvercorp Metals Inc. (USA) (NYSE:SVM) shares fell -2.55% in last trading session and ended the day on $1.91. SVM return on equity ratio is recorded as -7.60 % and its return on assets is -5.50%. Silvercorp Metals Inc. (USA) (NYSE:SVM) yearly performance is -51.15%.
General Cable Corporation (NYSE:BGC) announced first quarter adjusted operating income is expected to be below the Company’s previously communicated outlook. The Company now expects to generate adjusted operating income in the range of $17 to $27 million in the first quarter of 2014. The Company’s previous outlook was $30 to $45 million. General Cable Corporation (NYSE:BGC) shares moved down -3.65% in last trading session and was closed at $26.16 while trading in range of $26.16-$27.44 – General Cable Corporation (NYSE:BGC) year to date (YTD) performance is -11.05%.
Tata Consultancy Services Limited (NYSE:TCS) has inked a deal with a leading Saudi Arabian Bank to introduce a new core banking software platform aimed at transforming the customer service delivery system of the bank. Tata Consultancy Services Limited (NYSE:TCS) weekly performance is -8.29%. On last trading day company shares ended up $2,105.00. Tata Consultancy Services Limited (NYSE:TCS) distance from 50-day simple moving average (SMA50) is -11.68%. Analysts mean target price for the company is $40.33.