Analysts at Zacks reiterated a “neutral” rating on shares of Quicksilver Resources Inc (NYSE:KWK) in a research note on Wednesday, May 7th. They now have a $3.00 price target on the stock. Quicksilver Resources Inc (NYSE:KWK) net profit margin is 18.40% and weekly performance is 19.92%. On last trading day company shares ended up $2.95. Analysts mean target price for the company is $3.75. Quicksilver Resources Inc (NYSE:KWK) distance from 50-day simple moving average is 8.53%.
Troubles for luxury retailer, Coach Inc (NYSE:COH) seem far from over. Yesterday at the investors’ day conference, the company announced 70 store closures and projected a double digit dip in its revenues for fiscal 2015. Coach Inc (NYSE:COH) shares fell -2.69% in last trading session and ended the day on $34.73. COH Gross Margin is 71.10% and its return on assets is 26.20%. Coach Inc (NYSE:COH) quarterly performance is -30.29%.
Globalstar, Inc. (NYSEMKT:GSAT) intends to turnaround its bottom-line by exploiting a weakness in mobile coverage. With its satellite telephony technology, the company is capable of connecting people even in the remotest of locations. That capability not only enables the company to supplement the inadequate mobile coverage but also helps in critical communication needs, for example, during emergency response.Globalstar, Inc. (NYSEMKT:GSAT) shares moved up 3.02% in last trading session and was closed at $4.09, while trading in range of $3.80-$4.12. Globalstar, Inc. (NYSEMKT:GSAT) year to date performance is 46.07%.
Equities researchers at Canaccord Genuity lifted their price objective on shares of Abraxas Petroleum Corp. (NASDAQ:AXAS) from $5.75 to $6.00 in a research report issued on Friday. Abraxas Petroleum Corp. (NASDAQ:AXAS) ended the last trading day at $5.58. Company weekly volatility is calculated as 4.86% and price to cash ratio as 1744.68. Abraxas Petroleum Corp. (NASDAQ:AXAS) showed a positive weekly performance of 8.56%.
Strategic Hotels & Resorts, Inc. (NYSE: BEE), announced that the Company closed on the acquisition of the remaining 63.6 percent ownership interest in the Hotel del Coronado for $210.0 million. The transaction valued the asset at $787.0 million and includes the assumption of the existing $475.0 million mortgage financing. The closing of the transaction is reflected in the Company’s full-year 2014 guidance.Strategic Hotels and Resorts Inc (NYSE:BEE) net profit margin is 25.40% and weekly performance is 7.15%. On last trading day company shares ended up $11.84. Analysts mean target price for the company is $11.64. Strategic Hotels and Resorts Inc (NYSE:BEE) distance from 50-day simple moving average is 10.25%.