DryShips, Inc. (NASDAQ:DRYS)- Pre-Movers Stocks In Analysts Rate: Global Eagle Entertainment Inc. (NASDAQ:ENT)

Several matter pinch shares of DryShips, Inc. (NASDAQ:DRYS) [Trend Analysis], as shares plunging -10.35% to $3.55 with a share volume of 5.25 Million. DryShips Inc. (NASDAQ:DRYS) announced that it has successfully completed the previously announced registered direct offering of 100,000 newly designated Series E-1 and E-2 Convertible Preferred Shares and Warrants, in which the Company raised gross proceeds of approximately $100.0 million since commencing the offering, pursuant to the prospectus supplement filed on November 17, 2016.

The stock is going forward its 52-week low with -7.55% and moving down from its 52-week high price with -99.18%. To have technical analysis views, liquidity ratio of a company was calculated 0.60 as evaluated with its debt to equity ratio of 15.40. The float short ratio was 33.56%, as compared to sentiment indicator; Short Ratio was 0.06.

Global Eagle Entertainment Inc. (NASDAQ:ENT) [Trend Analysis] luring active investment momentum, shares a gain 10.25% to $7.10. Finally to see some strong financial remarks by WSJ over ENT performance. Out of the pool of analysts’ 5 gave their BUY ratings on the stock in previous month as 5 analysts having BUY in current month. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $-0.07 while one month ago this estimate trend was for $-0.05. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $-0.01 and for the one month was for $0.04 as compared to three months ago was for $0.27. Whereas, ENT received highest price target of 18.00 and low target of 12.00. The stock price target chart showed average price target of 13.80 as compared to current price of 7.10.

The total volume of 1.95 Million shares held in the session was surprisingly higher than its average volume of 358.54 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 96.50%, and looking further price to next year’s EPS is 100.01%. While take a short look on price to sales ratio, that was 1.13.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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