Gerdau SA (ADR) (NYSE:GGB) Pushed the Metals & Mining industry lower making yesterday’s featured Metals & Mining laggard. The industry as a whole closed the day up 0.9%. By the end of trading, Gerdau fell $0.59 (-8.6%) to $6.31 on heavy volume. Throughout the day, 10,087,492 shares of Gerdau exchanged hands as compared to its average daily volume of 4,382,400 shares. Gerdau SA (ADR) (NYSE:GGB) stock opened at $6.64 in last session, and closed at $6.31, while the day range of GGD stock is $6.19-$6.66.The stock showed a negative weekly performance of -7.07%.
Companhia Siderurgica Nacional (ADR) (NYSE:SID) going to take off soon. Prominent investors are becoming hopeful. The number of long hedge fund positions advanced by 3 lately. Companhia Siderurgica Nacional (ADR) (NYSE:SID) stock opened at $4.69, in last session and closed at $4.52, by loosed -7.94%.The 52 week range was $2.38-$6.29.Company’s market capitalization is $6.59 billion.
Sanchez Energy Corp. (NYSE:SN) was downgraded by analysts at KLR Group from a “buy” rating to an “accumulate” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports. They currently have a $36.00 price target on the stock. KLR Group’s price objective would suggest a potential upside of 12.57% from the stock’s previous close. Sanchez Energy Corp (NYSE:SN) stock loosed -7.00% and finished the last session at $29.74.The EPS of the stock remained -0.04.Company’s market capitalization is $1.38 billion.
Atlas Pipeline Partners, L.P. (NYSE: APL) reported adjusted earnings before interest, income taxes, depreciation and amortization (“Adjusted EBITDA”), of $86.7 million for the fourth quarter of 2013, driven primarily by a continued increase in overall volumes across the Partnership’s gathering and processing systems. Processed natural gas volumes averaged 1,385 million cubic feet per day (“MMCFD”), a 38.3% increase over the fourth quarter of 2012. Atlas Pipeline Partners, L.P. (NYSE:APL) stock opened the session at $32.47, and closed the session at $31.00. The 52 week range of the APL stock remained $30.22-$40.06 and the day range was $30.22-$32.49.