Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG), are up 0.56% to $522.50 in pre-market trading on Monday following a ratings upgrade to “overweight” from “equal weight” at JP Morgan (JPM). Chipotle Mexican Grill, Inc. (NYSE:CMG), shares after opening at $507.25 moved to $507.25 on last trade day and at the end of the day closed at $502.31. Company price to sales ratio in past twelve months was calculated as 4.60 and price to cash ratio as 22.08. Chipotle Mexican Grill, Inc. (NYSE:CMG), showed a negative weekly performance of 3.33%.
Federal Home Loan Mortgage Corp (OTCBB:FMCC), was downgraded by Zacks from a “hold” rating to a “sell” rating in a report released on Wednesday, American Banking and Market News reports. Federal Home Loan Mortgage Corp (OTCBB:FMCC), shares fell 2.26% in last trading session and ended the day on $3.90.
On April 25, 2014, New Concept Energy (GBR) surged 30%, reaching a two-year high, on market speculation that a larger rival may be interested in buying some of its natural gas properties in the Utica shale formation in West Virginia. New Concept Energy, Inc. (NYSEMKT:GBR), shares moved up 30.63% in last trading session and was closed at $2.40, while trading in range of $ 1.87 – 3.28. New Concept Energy, Inc. (NYSEMKT:GBR), year to date (YTD) performance is 31.87%.
General Electric Company (NYSE:GE), the largest industrial conglomerate in the world by market capitalization, is in advanced talks to buy out French manufacturer of power plants and trains Alstom SA (ALSMY), according to a Bloomberg report. Bloomberg, citing unnamed sources, has reported that an agreement between the two companies may be reached as early next week. General Electric Company (NYSE:GE), weekly performance is 0.15%. On last trading day company shares ended up $26.60. General Electric Company (NYSE:GE), distance from 50-day simple moving average (SMA50) is 3.51%. Analysts mean target Price for the company is $29.00.