Stocks in Bullish Zone: Cadence Design Systems (NASDAQ:CDNS), YPF SA (ADR) (NYSE:YPF), Abraxas Petroleum. (NASDAQ:AXAS), Weyerhaeuser Company (NYSE:WY), Chesapeake Energy (NYSE:CHK)

Posted by on Jun 25, 2014

Cadence Design Systems Inc (NASDAQ:CDNS), Director John B. Shoven sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $17.02, for a total value of $425,500.00. Following the transaction, the director now directly owns 155,000 shares of the company’s stock, valued at approximately $2,638,100. Cadence Design Systems Inc (NASDAQ:CDNS), net profit margin is 8.00% and weekly performance is -1.18%. On last trading day company shares ended up $17.13. Analysts mean target price for the company is $18.63. Cadence Design Systems Inc (NASDAQ:CDNS), distance from 50-day simple moving average (SMA50) is 7.02%.

On June 12, 2014, YPF SA (ADR) (NYSE:YPF), reached a $5 billion settlement with Spanish oil giant Repsol. This ended a two-year long dispute and also restored Argentina’s standing in the international community to a certain extent. Despite the settlement, YPF is a nationalized company and its fortunes are tied closely to that of the nation itself. Currently the company holds a Zacks Rank #3 (Hold) and has a P/E (F1) of 14.88, compared to an industry average of 17. YPF SA (ADR) (NYSE:YPF), fell 3.89% in last trading session and ended the day on $34.55. YPF, Gross Margin is 23.90% and its return on assets is 5.20%. YPF SA (ADR) (NYSE:YPF), quarterly performance is 15.32%.

Abraxas Petroleum Corp. (NASDAQ:AXAS), announced the closing of its public offering of 11,500,000 shares of common stock including 1,500,000 shares sold pursuant to the exercise by the underwriters of their full option to purchase additional shares at a price of $5.00 per share, less applicable underwriting discounts. Abraxas Petroleum Corp. (NASDAQ:AXAS), shares moved down 5.92% in last trading session and was closed at $5.56, while trading in range of $5.52 – 5.97. Abraxas Petroleum Corp. (NASDAQ:AXAS), year to date (YTD) performance is 70.55%.

On June 13, 2014, Weyerhaeuser Company (NYSE:WY), announced that it has published its eleventh annual sustainability report that highlights the Company’s environmental, social and governance performance, with a focus on areas significant to its long-term success. Some of the Company’s notable performances include: successfully operating 73% of its sites injury-free; maintaining 100% certification of it timberlands to sustainable forestry standards; and the successful rolling-out of a disciplined program to accelerate people development across the Company. Weyerhaeuser Company (NYSE:WY), ended the last trading day at $32.17. Company weekly volatility is calculated as 1.80% and price to cash ratio as 24.13. Weyerhaeuser Company (NYSE:WY), showed a positive weekly performance of 4.01%.

On June 16, 2014, Chesapeake Energy Corporation (NYSE:CHK), declared a quarterly dividend of 8.75 cents a share Monday. Shares of Chesapeake were gaining 0.1% to $30.47 in after-hours trading. The quarterly dividend is in line with Chesapeake’s previous. The dividend is payable on July 31 to all shareholders of record as of July 16. The ex-dividend date is July 14. Chesapeake Energy Corporation (NYSE:CHK), net profit margin is 4.40% and weekly performance is -0.92%. On last trading day company shares ended up $30.27. Analysts mean target price for the company is $30.59. Chesapeake Energy Corporation (NYSE:CHK), distance from 50-day simple moving average (SMA50) is 4.35%.

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