Emerge Energy Services LP (NYSE:EMES) [Trend Analysis] plunged reacts as active mover, shares a loss -1.92% to traded at $10.72 and the percentage gap among open changing to regular change was -7.87%. Emerge Energy Services LP ( EMES) released that pricing of an underwritten public offering of 3,400,000 ordinary units representing limited partner interests in Emerge Energy at $10.00 per ordinary unit. The offering was upsized from the before reported offering of 2,750,000 ordinary units. Emerge Energy has granted the underwriters a 30-day option to purchase up to 510,000 additional ordinary units.
Emerge Energy will use the net proceeds from this offering to repay borrowings under its amended and restated revolving credit and security contract. The offering is being made under Emerge Energy`s effective registration statement on Form S-1 (Registration No. 333-214237) initially filed on October 25, 2016, as amended, with the Securities and Exchange Commission.
The firm’s current ratio calculated as 1.80 for the most recent quarter. The firm past twelve months price to sales ratio was 1.22. As far as the returns are concern, the return on equity was recorded as -143.00% and return on investment was 0.80% while its return on asset stayed at -17.30%. The firm has total debt to equity ratio measured as 0.00.
Lockheed Martin Corporation (NYSE:LMT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.07% to close at $263.09 with the total traded volume of 1.2 Million shares. Sikorsky, a Lockheed Martin firm, and the Saskatchewan Indian Institute of Technologies (SIIT) celebrated the transfer of an S-76A™ helicopter maintenance trainer to the Saskatchewan Aviation Learning Centre. Valued at CAD 1.3 million (USD 945,000), the non-flying, twin-engine helicopter with associated equipment and documentation offers an important learning tool for students pursuing a career in aviation maintenance.
“The addition of the Sikorsky S-76 helicopter to our aircraft training fleet allows us to provide a greater hands-on experience to our students in a wide array of systems typical of modern helicopters,” stated Riel Bellegarde, SIIT President and CEO.
“Our students will ultimately benefit in the workforce by gaining early first-hand knowledge of the inspection, maintenance, and repair of a fully rigged helicopter, comprising its electronic, mechanical, and hydraulic systems.” The firm has institutional ownership of 80.70%, while insider ownership included 0.03%. Its price to sales ratio ended at 1.66. LMT attains analyst recommendation of 2.20 with week performance of 1.51%.