Home / Business / Stocks having Bumpy Ride for the Day: BlackBerry (NASDAQ:BBRY), Western Asset Mortgage Capital (NYSE:WMC), Pinnacle Foods (NYSE:PF)

Stocks having Bumpy Ride for the Day: BlackBerry (NASDAQ:BBRY), Western Asset Mortgage Capital (NYSE:WMC), Pinnacle Foods (NYSE:PF)

BlackBerry Limited (NASDAQ:BBRY) [Trend Analysis] retains strong position in active trade, as shares scoring 1.54% to $7.89 in a active trade session, while looking at the shares volume, about 3.53 Million shares have changed hands in this session. BlackBerry Limited (NASDAQ:BBRY) reported that its end-to-end asset tracking solution, BlackBerry Radar, has been deployed with Caravan Transport Group Inc. Built on the firm’s cloud-based Internet of Things (IoT) software platform, BlackBerry Radar is an innovative ‘Smart Trailer’ software and hardware solution that will enable one of Canada’s premier, cross-border transportation carriers to receive rich information to help improve efficiency and overall utilization of its fleet.

“Taking time, money and guesswork out of the supply chain is a top previousity for leaders across the transportation and logistics industry,” stated Derek Kuhn, senior vice president of IoT for BlackBerry. “The current method of obtaining information about a trailer or intermodal container no longer works in recently’s connected world, because this data is typically not real-time or updated frequently enough to make timely decisions. To solve this issue, BlackBerry leveraged its extensive technology portfolio and deep expertise in security, mobility and enterprise software to innovate and develop BlackBerry Radar, which is deinked to bring decision makers and operators near real-time information, analytics and reports to boost operational efficiencies.” The firm has institutional ownership of 56.60%, while insider ownership included 11.20%. BBRY attains analyst recommendation of 3.10 with week’s performance of 8.98%. Investors looking additional ahead will note that the Price to next year’s EPS is -13.30%.

Shares of Western Asset Mortgage Capital Corporation (NYSE:WMC) [Trend Analysis] swings enthusiastically in regular trading session, it an raise of 1.59% to close at $10.89. Western Asset Mortgage Capital Corporation (NYSE:WMC) reported that its BOD has reported a cash dividend of $0.31 per share for the third quarter of 2016. Recently’s dividend is payable on October 25, 2016 to ordinary shareholders of record as of October 4, 2016, with an ex-dividend date of September 30, 2016.

In addition, the Firm anticipates that its book value per share, as of August 31, 2016, was about $11.54. The August 31, 2016 estimated book value is unaudited, has not been verified or reviewed by any third party and is subject to normal quarterly reconciliation and other procedures. Additional, the estimated book value is as of August 31, 2016 and does not include the dividend reported recently. Book value will fluctuate with market conditions, the results of the Firm’s operations and other factors. The Firm’s current book value may be materially different from the August 31, 2016 estimated book value. Moving forward to saw long-term intention, the experts calculate Return on Investment of -0.30%. The stock is going forward its fifty-two week low with 46.31% and lagging behind from its 52-week high price with -3.72%. WMC last month stock price volatility remained 1.95%.

Pinnacle Foods Inc. (NYSE:PF) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -0.08% to 50.04 with about 1.25 Million shares have changed hands in this session. The stock is going forward its fifty-two week low with 30.13% and lagging behind from its 52-week high price with -3.77%.

Same, the positive performance for the quarter recorded as 13.96% and for the year was 14.35%, while the YTD performance remained at 19.99%. PF has Average True Range for 14 days of 0.80.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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