free counter statistics

Monday, April 16, 2007

April 16th - FWLT SGR

Cramer recommended a series of environmental stocks after an April 2nd ruling that could mean big profits in attempts to stop global warming.

Two power companies are Foster Wheeler, Ltd. (FWLT) and Shaw Group Inc. (SGR)

FWLT
Closing Price: $68.02
After Hours High: $ 68.75
Percent Increase at High: 1.07%
After Hours Most Recent Price: $ 68.74
Percent Increase at Most Recent Price: 1.06%
Sector: Industrial Goods
Days to Cover: 1.6
Short %: 1.96 %
% Held by Insiders: 9.59 %
% Held by Institutions: 82.20 %
50 Day Moving Average: $57.53
200 Day Moving Average: $48.33

FWLT is only up just over 1% after hours, likely due to its price per share being too high for people to feel good about the number of shares they can purchase for the smaller investor.

SGR
Closing Price: $30.80
After Hours High: $ 32.15
Percent Increase at High: 4.38%
After Hours Most Recent Price: $ 32.01
Percent Increase at Most Recent Price: 3.93%
Sector: Industrial Goods
Days to Cover: 7.9
Short %: 8.46 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $31.24
200 Day Moving Average: $27.83


SGR had over 50,000 shares traded after hours and is up nearly 4%. Looking at the chart, the stock was trying to break the 20 day moving average and has passed it after hours. The top band is at $32.56, so 55-cents above the after hours price. So, there is some room to the upside tomorrow, but I think there is a chance the stock will open below $32 which could represent a psychological high.

Finally Cramer recommended GS and COF, but both stocks are too expensive for shorting off this recommendation in my opinion.

Comments on "April 16th - FWLT SGR"

 

Anonymous PENNY STOCK INVESTMENTS said ... (January 11, 2014 10:17 PM) : 

Great april update.

 

post a comment