Tag: China Gerui Adv Mtals Grp

  • Basic Material Unusual Volume: China Gerui Adv Mtals (NASDAQ:CHOP), Contango Oil (NYSEMKT: MCF), NYSE:TEP, Delek Logistics (NYSE:DKL), China Precision Steel (NASDAQ:CPSL)

    China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) announced its intent to resume its share repurchase program, the Company had repurchased 2,010,918 of its ordinary shares at an average price of $3.06 per share for a total repurchase price of approximately $6.1 million. China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) net profit margin is -3.20% and weekly performance is -8.33%. On last trading day company shares ended up $0.660. Analysts mean target price for the company is $4.00. China Gerui Adv Mtals Grp Ltd (NASDAQ:CHOP) distance from 50-day simple moving average (SMA50) is -31.15%.

    Contango Oil & Gas Company (NYSEMKT:MCF) explores for and acquires oil and gas properties in primarily in the Gulf of Mexico. The company reported offshore production of 83.5 million cubic feet equivalent per day, which consists primarily of seven federal and five states of Louisiana wells in the shallow waters of the Gulf of Mexico. Contango Oil & Gas Company (NYSEMKT: MCF) shares fell -0.89% in last trading session and ended the day on $42.12. MCF Gross Margin is 77.60% and its return on assets is 6.20%. Contango Oil & Gas Company (NYSEMKT: MCF) quarterly performance is -13.24%.

    Tallgrass Energy Partners LP (NYSE:TEP) reported financial and operating results for the first quarter of 2014. The Partnership closed its initial public offering on May 17, 2013 and this earnings release relates to the financial and operating results of the Partnership and its Predecessor as described under “About Tallgrass Energy Partners, LP. Tallgrass Energy Partners LP (NYSE:TEP) shares moved up 4.92% in last trading session and was closed at $37.98, while trading in range of $36.04 – $38.81. Tallgrass Energy Partners LP (NYSE:TEP) year to date (YTD) performance is 49.23%.

    On 19 MAY Delek Logistics Partners LP (NYSE:DKL) announced that Fred Green, EVP, and other members of management will participate in the National Association of Publicly Traded Partnerships (“NAPTP”) 2014 Master Limited Partnership annual investor conference in Ponte Vedra Beach, Florida on Thursday, May 22, 2014. Delek Logistics Partners LP (NYSE:DKL) ended the last trading day at $34.18. Company weekly volatility is calculated as 3.46%and price to cash ratio as 125.70. Delek Logistics Partners LP (NYSE:DKL) showed a positive weekly performance of 2.80%.

    On 22 MAY China Precision Steel, Inc. (NASDAQ:CPSL) will after May 27, 2014, trade on OTC Bulletin Board. The company will trade on OTCBB under the ticker symbol “CPSLQ.” The development follows the eminent delisting of the stock from NASDAQ Stock Market for failure to comply with certain listing rules especially defaulting to pay certain fees as required by NASDAQ. China Precision Steel, Inc. (NASDAQ:CPSL) weekly performance is -16.85%. On last trading day company shares ended up $1.53. Analysts mean target price for the company is $2.00. China Precision Steel, Inc. (NASDAQ:CPSL) distance from 50-day simple moving average (SMA50) is -31.73%.