The Price Data Tells the Story – Research on Westlake Chemical Partners, Global Brass and Copper Holdings, BlackRock Floating Rate Income Strategies Fund and Hornbeck Offshore Services
NEW YORK, NY / ACCESSWIRE / November 12, 2015 / Moments ago, Trader’s Choice released new research updates concerning several important developing situations including the following equities: Westlake Chemical Partners LP (NYSE: WLKP),Global Brass and Copper Holdings Inc. (NYSE: BRSS), BlackRock Floating Rate Income Strategies Fund Inc. (NYSE: FRA) and Hornbeck Offshore Services Inc. (NYSE: HOS). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
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WLKP Research Package: http://www.traders-choice.com/pdf?s=WLKP
BRSS Research Package: http://www.traders-choice.com/pdf?s=BRSS
FRA Research Package: http://www.traders-choice.com/pdf?s=FRA
HOS Research Package: http://www.traders-choice.com/pdf?s=HOS
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Highlights from today’s reports include:
On Wednesday, November 11, 2015, the NASDAQ Composite ended at 5,067.02, down 0.32%, the Dow Jones Industrial Average lost 0.32% to finish the day at 17,702.22, and the S&P 500 closed at 2,075.00, down 0.32%.
– Westlake Chemical Partners LP’s stock edged higher by 0.37% to close Wednesday’s session at USD 16.34. The company’s shares oscillated between USD 16.18 and USD 16.64. The stock recorded a trading volume of 0.19 million shares, which was above its 50-day daily average volume of 0.15 million shares and its 52-week average volume of 0.11 million shares. Over the last three days, Westlake Chemical Partners LP’s shares have declined by 4.39%. Furthermore, over the last three months the stock has lost 17.39% and in the past six months the shares have shed 15.56%. Westlake Chemical Partners LP has a current dividend yield of 7.36%. Further, the company is trading at a price to earnings ratio of 11.76, which compares to a historical PE ratio of 57.80. The company has an Enterprise Value of USD 616.94 million with Enterprise Value to Revenue ratio of 0.60 and Enterprise Value to EBITDA ratio of 1.45.
– The stock of Global Brass and Copper Holdings Inc. gained 0.44% to close Wednesday’s session at USD 22.99. The shares of the company moved in the range of USD 22.68 and USD 23.01. A trading volume of 0.25 million shares was recorded, which was greater than its 150-day daily average volume of 0.20 million shares and its 52-week average volume of 0.17 million shares. Over the last five days, Global Brass and Copper Holdings Inc.’s shares have declined by 0.04%. However, over the last six months the shares have registered a gain of 44.68%. The company has returned 3.50% in the past one month and 26.86% in the last three months, on a compounded total return basis. Global Brass and Copper Holdings Inc. has a current dividend yield of 0.66%. Further, the company is trading at a price to earnings ratio of 14.10, higher than its historical ratio of 8.84. The stock has an RSI of 48.72.
– BlackRock Floating Rate Income Strategies Fund Inc.’s shares decreased by 0.47% to close Wednesday’s session at USD 12.77. The company’s shares fluctuated in the range of USD 12.69 and USD 12.80. A total of 0.11 million shares exchanged hands, which was marginally below its 52-week average volume of 0.12 million shares. Over the last three days BlackRock Floating Rate Income Strategies Fund Inc.’s shares have declined by 1.39% and in the past one week it has moved down 0.78%. The shares have a Relative Strength Index (RSI) of 32.26. The fund has a dividend yield of 5.90%. Additionally, the shares are trading at a price to earnings ratio of 27.34 with trailing twelve months earnings per share of USD 0.47. The fund’s actual NAV as of November 11, 2015 stood at USD 14.68. The fund has a market value of USD 476.9 million.
– Hornbeck Offshore Services Inc.’s stock slipped by 7.68% to close Wednesday’s session at USD 12.86. The company’s shares oscillated between USD 12.66 and USD 14.23. The stock recorded a trading volume of 1.03 million shares, which was nearly equal to its 50-day daily average and above its 52-week average volume of 0.97 million shares. The company has an Enterprise Value of USD 1.28 billion with EV / Revenue ratio of 2.33 and EV / EBITDA ratio of 5.27. Over the last five days Hornbeck Offshore Services Inc.’s shares have declined by 10.76% and in the past one month it has lost 19.37%. Further, the company is trading at a price to earnings ratio of 5.25 and a price to book ratio of 0.35. This compares to a historical PE ratio of 10.42 and historical PB ratio of 0.65. Additionally, the stock is trading at a price to cash flow ratio of 2.21 and price to sales ratio of 0.91.
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