Tag: NASDAQ:INTX

  • Bearish Stocks At Services Sector: Intersections (NASDAQ:INTX), The Wet Seal (NASDAQ:WTSL), NewLead Holdings (NASDAQ:NEWL), Body Central (NASDAQ:BODY)

    Intersections Inc. (NASDAQ: INTX) announced financial results for the quarter and year ended December 31, 2013. Revenue for the year ended December 31, 2013 was $310.3 million, as compared to $347.4 million for the year ended December 31, 2012. Consolidated adjusted EBITDA before share related compensation and non-cash impairment charges for the year ended December 31, 2013 was $29.2 million, compared to $59.0 million for the year ended December 31, 2012.  Intersections Inc. (NASDAQ:INTX) shares after opening at $6.15 moved to $6.15 on last trade day and at the end of the day closed at $5.80. Company price to sales ratio in past twelve months was calculated as 0.33 and price to cash ratio as 5.12. Intersections Inc. (NASDAQ:INTX) showed a negative weekly performance of -7.94%.

    Explaining the challenges faced by the cloths line during the fiscal year, The Wet Seal, Inc. (NASDAQ:WTSL) CEO John D. Goodman has been quoted to have said that, “We had a difficult fourth quarter, marked by ongoing softness in mall traffic, a highly promotional environment throughout the teen sector and elements of our assortments that did not resonate as well as we anticipated with our customers. This led to a greater than expected decline in comp store sales and pressured our merchandise margins. The Wet Seal, Inc. (NASDAQ:WTSL) shares fell -7.10% in last trading session and ended the day on $1.70. WTSL return on equity ratio is recorded as -81.20% and its return on assets is -43.80%. The Wet Seal, Inc. (NASDAQ:WTSL) yearly performance is -44.08%.

    NewLead Holdings Ltd (NASDAQ:NEWL), an international, vertically integrated shipping and commodity company, announced having executed definitive agreements for the purchase of two eco type 31,800 dwt, Handysize bulk carriers which were built in 2012 for a total attainment price of $37 million. NewLead Holdings Ltd (NASDAQ:NEWL) shares moved down -10.03% in last trading session and was closed at $2.60, while trading in range of $2.52-$2.85. NewLead Holdings Ltd (NASDAQ:NEWL) year to date performance is -85.31%.

    Body Central Corp (NASDAQ:BODY) is not looking attractive. Not that the stock has been any attractive in recent times, but the current downtrend drives an important point home. The stock is now full or worries than hope and there is no better way to say that than looking at how far it now stands from its 52-week high point. Body Central Corp (NASDAQ:BODY) weekly performance is -35.67%. On last trading day company shares ended up $1.93. Body Central Corp (NASDAQ:BODY) distance from 50-day simple moving average is -41.85%. Analysts mean target price for the company is $4.25.