Investor attention moved from trade wars to actual war on Wednesday, as stocks fell on concerns over the situation in Syria. TheDow Jones Industrial Average (DJINDICES:^DJI)and theS&P 500 (SNPINDEX:^GSPC)both closed in the red.
Today’s stock market
Index Percentage Change Point Change
Dow (0.90%) (218.55)
S&P 500 (0.55%) (14.68)
Data source: Yahoo! Finance.
Crude oil prices jumped to the highest they’ve been in over three years, boosting energy stocks. TheSPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT:XOP)added 1.8%. Financial stocks fell on a flattening yield curve, and theFinancial Select Sector SPDR ETF (NYSEMKT:XLF) finished down 1.2%.
As for individual stocks, Fastenal(NASDAQ:FAST) dropped after reporting first-quarter results, and AeroVironment (NASDAQ:AVAV) jumped on an analyst upgrade.
Image source: Getty Images.
Hot Energy Stocks To Own Right Now: Towne Bank(TOWN)
- [By Joseph Griffin]
John W. Rosenthal Capital Management Inc. grew its stake in shares of TowneBank (NASDAQ:TOWN) by 10.0% in the first quarter, HoldingsChannel.com reports. The firm owned 110,000 shares of the bank’s stock after buying an additional 10,000 shares during the quarter. TowneBank comprises approximately 2.5% of John W. Rosenthal Capital Management Inc.’s holdings, making the stock its 16th largest holding. John W. Rosenthal Capital Management Inc.’s holdings in TowneBank were worth $3,146,000 as of its most recent filing with the SEC.
Hot Energy Stocks To Own Right Now: StarTek, Inc.(SRT)
- [By Shane Hupp]
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
Get StarTek alerts:
Startek’s (SRT) CEO Chad Carlson on Q1 2018 Results – Earnings Call Transcript (seekingalpha.com) -$0.01 Earnings Per Share Expected for StarTek (SRT) This Quarter (americanbankingnews.com) StarTek (SRT) Downgraded by ValuEngine to Sell (americanbankingnews.com) Zacks: StarTek (SRT) Given $13.50 Consensus Price Target by Analysts (americanbankingnews.com) Edited Transcript of SRT earnings conference call or presentation 8-May-18 8:30pm GMT (finance.yahoo.com)
StarTek traded down $0.03, hitting $6.98, during trading hours on Friday, according to MarketBeat. The company’s stock had a trading volume of 199,000 shares, compared to its average volume of 114,323. StarTek has a 12 month low of $6.57 and a 12 month high of $14.78. The company has a market capitalization of $108.16 million, a price-to-earnings ratio of -87.25 and a beta of 0.20. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.24 and a current ratio of 2.41.
Hot Energy Stocks To Own Right Now: Aethlon Medical, Inc.(AEMD)
- [By Money Morning Staff Reports]
But before we show you our pick, here are the top 10 penny stocks to watch this week…
Penny Stocks Current Share Price (as of Jan. 5) Jan. 2-5 Gain (as of Jan. 5)
My Size Inc. (Nasdaq: MYSZ) $1.66 152.28%
Cytori Therapeutics Inc. (Nasdaq: CYTX) $0.47 89.52%
DelMar Pharmaceuticals Inc. (Nasdaq: DMPI) $1.675 58.02%
CAS Medical Systems Inc. (Nasdaq: CASM) $1.09 55.71%
China HGS Real Estate Inc. (Nasdaq: HGSH) $1.83 47.58%
Aethlon Medical Inc. (Nasdaq: AEMD) $1.56 43.12%
Midatech Pharma Plc. (Nasdaq: MTP) $1.23 43.01%
Comstock Holding Cos. Inc. (Nasdaq: CHCI) $1.87 36.5%
Cenveo Inc. (Nasdaq: CVO) $1.20 31.82%
EV Energy Partners LP (Nasdaq: EVEP) $0.6844 31.62%
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