Active Wrathful Watching Stock: Seadrill Partners (NYSE:SDLP), JPMorgan Chase (NYSE:JPM)

Seadrill Partners LLC (NYSE:SDLP) [Trend Analysis] surged reacts as active mover, shares a gain 2.97% to traded at $3.12 and the percentage gap between open changing to regular change was -0.66%. Seadrill Partners LLC declared that it has secured a one well contract with Total E&P Cyprus B.V. for the West Capella in Cyprus. The contract is expected to commence in the second half of 2017 and backlog, estimated at 50 days, is expected to be approximately $10 million. The West Capella has recently been upgraded with a Managed Pressure Drilling (“MPD”) system which is expected to be utilized as part of the upcoming work scope. The firm’s current ratio calculated as 1.80 for the most recent quarter. The firm past twelve months price to sales ratio was 0.18 and price to cash ratio remained 0.37. As far as the returns are concern, the return on equity was recorded as 26.20% and return on investment was 15.30% while its return on asset stayed at 4.10%. The firm has total debt to equity ratio measured as 3.02.

JPMorgan Chase & Co. (NYSE:JPM) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.09% to close at $91.36 with the total traded volume of 10 Million shares. J.P. Morgan Chase & Co. (JPM) is moving ahead with its plan to drop commissions in retirement accounts that use a financial adviser, the latest brokerage to push forward with efforts to comply with an Obama-era retirement rule that is under review for repeal or revision.

The New York bank told some wealth-management consumers with individual retirement accounts that as of April 7 their “financial adviser will no longer be able to provide investment guidance,” according to a letter sent to clients and viewed by The Wall… The firm has institutional ownership of 76.40%, while insider ownership included 0.10%. Its price to sales ratio ended at 5.86. JPM attains analyst recommendation of 2.40 with week’s performance of -0.61%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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