Home / Street Sector / Short Call at News Buzzer: JPMorgan Chase (NYSE:JPM), American Homes 4 Rent (NYSE:AMH), Himax Technologies (NASDAQ:HIMX)

Short Call at News Buzzer: JPMorgan Chase (NYSE:JPM), American Homes 4 Rent (NYSE:AMH), Himax Technologies (NASDAQ:HIMX)

JPMorgan Chase & Co. (NYSE:JPM) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with remains unchanged to $61.66. JPMorgan Chase (JPM) reported that it boosted its quarterly dividend by 9%, amid strength in its consumer businesses that helped the firm top first-quarter profit anticipates.

The 4-cent raise raises the dividend to 48 cents a share, payable July 31 to investors who hold the stock as of July 6, the New York-based firm stated in a statement following its yearly meeting on Tuesday. The boost takes JPMorgan’s dividend yield to 3.1%, the second-highest amidthe six biggest U.S. banks. The share price of JPM attracts active investors, as stock price of week volatility recorded 1.75%. The stock is going forward to its 52-week low with 25.79% and lagging behind from its 52-week high price with -10.80%.

American Homes 4 Rent (NYSE:AMH) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.45% to close at $17.73 with the total traded volume of 1.67 Million shares. American Homes 4 Rent prices 9 million share underwritten public offering of 6.5% series D preferred shares at $25/share (AMH). The firm intends to contribute the net proceeds from the offering and the concurrent private placement to its operating alliance in exchange for Series D operating alliance units.

The operating alliance intends to use the net proceeds from the contribution to repay indebtedness incurred or predictable to be incurred under its credit facility, to takeover single-family properties and for general corporate purposes, comprising repurchases of the co’s securities. The firm has institutional ownership of 65.90%, while insider ownership included 41.13%. Its price to sales ratio ended at 6.08. AMH attains analyst recommendation of 2.20 with week performance of 1.26%.

Himax Technologies, Inc. (NASDAQ:HIMX) [Trend Analysis] surged reacts as active mover, shares a gain 1.15% to traded at $8.83 and the percentage gap among open changing to regular change was 2.41%. Himax Tech (HIMX) reiterated positive outlook in 2016 in reaction to post earnings sell off. The firm responded to its post-earnings share price movement. The firm is aware of the recent major share price decline following its earnings call on May 12th and would like to reiterate its confidence in the positive outlook for incomes and earnings growth in 2016.

Himax is seeing strength in all of its three product categories, namely large-sized panel driver IC, small and medium-sized panel driver IC and non-driver products, from market share gains and new product launches. The firmmpany is especially excited about the business prospects in the Augmented Reality (AR) and Virtual Reality (VR) sections where it has a solid and uncontendered top notch consumer portfolio. The firmmpany remains committed to its strategy to diversify its consumer base and product portfolio to generate the highest value for its shareholders. The firm’s current ratio calculated as 2.00 for the most recent quarter.

The firm past twelve months price to sales ratio was 2.12 and price to cash ratio remained 9.91. As far as the returns are concern, the return on equity was recorded as 5.60% and return on investment was 3.10% while its return on asset stayed at 3.10%. The firm has total debt to equity ratio measured as 0.41. The firm has 20-Day Simple Moving Average has


About Devon Leftovich

Check Also

Truces Call By Bulls and Bears: Nordic American Tankers (NYSE:NAT), Microsoft Corporation (NASDAQ:MSFT)

Shares of Nordic American Tankers Limited (NYSE:NAT) [Trend Analysis] runs in leading trade, it moving up 0.23% …

Leave a Reply

Your email address will not be published. Required fields are marked *