Home / Street Sector / Stocks Raising Investors Eye Brows: Cosi Inc. (NASDAQ:COSI), Dollar General Corporation (NYSE:DG)

Stocks Raising Investors Eye Brows: Cosi Inc. (NASDAQ:COSI), Dollar General Corporation (NYSE:DG)

Following previous ticker characteristics, Cosi Inc. (NASDAQ:COSI) also run on active notice, stock price dropped -24.40% after traded at $0.03 in most recent trading session. Boston-based fast-casual chain Cosi Inc. stated it has attained notice that it will be delisted from the Nasdaq Stock Market on Oct. 10, according to a regulatory filing.

The delisting follows Cosi’s leadership team filing for Chapter 11 bankruptcy on Sept. 28. Cosi shares (COSI) were trading at 3 cents midday Friday, down from a 52-week high of $1.05. Share value has plunged 96 percent in the past year. In the bankruptcy filing, firm leadership stated it was initiating a sale of Cosi’s assets to lenders AB Prospects Fund LLC, AB Value Partners, JP and entities associated with Milfam II LP. Cosi stated it has obtained $4 million in debtor-in-possession financing to maintain operations through the Chapter 11 bankruptcy process.

COSI price to current year EPS stands at 56.70%. Moving toward ratio analysis, it has current ratio of 0.40 and quick ratio was calculated as 0.40. The debt to equity ratio appeared as 0.62 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 50.67% for a week and 46.71% for a month. The price volatility’s Average True Range for 14 days was 0.03. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 2.00 out of 1-5 scale with week’s performance of -60.08%. COSI’s institutional ownership was registered as 18.60%, while insider ownership was 1.60%.

Dollar General Corporation (NYSE:DG) persists its position slightly strong in context of buying side, while shares price raised 0.88% during latest trading session.

Analysts Practices; to watch unbiased undervalue securities, there is need to see following technical rations. DG holds price to earnings ratio of 16.31 that presents much better indication for a stock’s value than the market price alone. Based on historic views, the average P/E ratio in market fluctuates between 15 to 25, but alone low P/E ratio does not necessarily mean that a company is undervalue. With reference to all theories, earning yield also gives right direction to lure investment, as DG has 1.44% dividend yield.

Narrow down focus to other ratios, the co has current ratio of 1.40 that indicates if DG lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case. To make strengthen these views, the active industry firm has Quick Ratio of 0.20, which indicates firm has sufficient short-term assets to cover its immediate liabilities. In addition, the firm has debt to equity ratio of 0.56, sometimes its remain same with long term debt to equity ratio.


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