5 Stocks Making News Today: GM, FMS, SPWR, ALU, GPOR

PUBLISHED: Apr 04 2013 @ 12:12 | Comments (0) | More info about Ed Liston

General Motors Company (NYSE:GM): The company announced its plans to invest $332 million into four US factories. The investment will be used to build new transmissions and engines. General Motors plans to invest the funds in its facilities in Toledo, Bay City, Flint and Bedford.

However, the investment will not lead to creation of new jobs. The stock is currently trading at $27.81, up 0.04 percent from its previous close. The stock is trading in line with its 20 days moving average price of $27.81 and 50 days moving average price of $27.79. Its 52 weeks price range stands at $18.72 and $30.68. The stock is trading at the Price Earnings ratio of 9.52. General Motors commands market capitalization of $38 billion. The stock is down 0.18 percent on YTD basis while it gained 10.76 percent in the past 52 weeks. General Motors stock is currently in neutral mode.

Fresenius Medical Care AG (NYSE:FMS): The stock is currently trading at $35.97, up 3.45 percent. It oscillated in the range of $35.83 and $36.17 in the current trading session. Fresenius Medical Care reported its latest EPS at $1.94. The company stock’s Price Earnings ratio stands at 18.62. Fresenius Medical Care commands the market capitalization of $22.10 billion and its stock is trading at the beta of 0.65 and thus has low volatility. It has traded in the range of $31.79 and $39.10 in the past 52 weeks. The stock is up despite receiving warning letter from the FDA. The letter concerns the company devices being adulterated. Fresenius Medical Care is a kidney dialysis company and offers dialysis products and care. The company is based out of Germany and was established in 1996. It markets its products through independent distributors and local sales force.

SunPower Corporation (NASDAQ:SPWR): The company stock is in bearish mode and tumbled 4.33 percent lower. It recently had cut its shipment estimates. Fresenius Medical Care expects its first quarter shipments to remain in 410 to 430 MW range while it shipped 500 MW during the fourth quarter. The company also said that it plans to curtail its production to cut its costs. It also recently announced consecutive seventh quarterly loss. SunPower Corporation is currently trading at $9.27. It is trading in the range of $9.00 and $9.52 in the current trading session. The stock is higher than its 20 days moving average price of $9.18 but below its 50 days moving average price of $9.32. In the past 52 weeks, the stock’s price range has been $3.71 and $13.88. The stock’s beta is 2.84 and thus it is a highly volatile stock. SunPower Corporation commands market capitalization of $1.10 billion.

Alcatel Lucent SA (NYSE:ALU): Its stock traded in the range of $1.39 and $1.41 in the current trading session and at this point is at $1.40, up 9.38 percent. Alcatel Lucent recently received rating upgrade from Deutsche Bank. Its new rating is Buy, up from Hold. The company also announced award of a $1 million contract to its independent subsidiary LGS Innovations. The stock’s highest price point of 52 weeks stands at $1.41 while its lowest price point is at $1.39. Alcatel Lucent stock is trading at beta of 2.34 and thus is highly volatile. The company stock is up 3.7 percent on YTD basis while it lost 36.07 percent of its value in the past 52 weeks. Alcatel Lucent commands market capitalization of $3.18 billion. The company deals in communications and networking services. It is based out of Paris and it was established in 1898.

Gulfport Energy Corp. (NASDAQ:GPOR): The stock recently received price target upgrade from Stern Agee. Its price target was upgraded from $60 to $80. The stock is trading at $45.36, 1.43 percent higher than its previous close. It has traded in the range of $43.98 and $46.40 in the current trading session. It has traded 538k shares so far, in comparison to its daily average trading volume of 1.70 million shares. The stock has traded in the range of $15.79 and $47.19 in the past 52 weeks and it gained 64.67 percent during the said time period. The company stock trades at Price Earnings ratio of 35.78 and its beta is at 2.37. Gulfport Energy stock is up 21.98 percent this year so far. The company develops and explores natural gas and oil properties.

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