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SmarTrend identified an Uptrend for Grupo Financiero Galicia (NASDAQ:GGAL) on February 12th, 2014 at $8.69. In approximately 1 month, Grupo Financiero Galicia has returned 29.36% on recent price of $11.24. Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) shares after opening at $12.87 moved to $13.50 on last trade day and at the end of the day closed at $13.48. Company price to sales ratio in past twelve months was calculated as 0.79. Grupo Financiero Galicia S.A. (ADR) (NASDAQ:GGAL) showed a positive weekly performance of 17.52%.
Globalstar, Inc. (OTCMKTS:GSAT) has announced its latest set of financial report cards. The reports relate the financial status for the latest quarter as well as the whole-year financial report, ending on December 31, 2013. For Globalstar, Inc. (OTCMKTS:GSAT) the results have been mixed on several fronts. The reported revenues were a tad higher over previous revenues- $21.0 million his quarter in comparison to just $19.1million for the fourth quarter of last year. Globalstar, Inc. (OTCMKTS:GSAT) shares advanced 3.69% in last trading session and ended the day on $2.81. GSAT return on equity ratio is recorded as -24.53% and its return on assets is -9.03%. Globalstar, Inc. (OTCMKTS:GSAT) yearly performance is 778.13%.
Emerge Energy Services LP (NYSE:EMES) is among the companies in the oil drilling business which are counting challenges due to the rough weather. While the company noted that its sand production is not interrupted thanks to its enclosed processing plants, the problematic part is shipping the sand out of the mining areas. There aren’t enough railcars and this problem is shared by almost all players in the drilling industry in Texas. Oil drilling companies use sand, water and chemicals to break up rocks and release fuel. Sand is an important component in this process and inability to get it to the drilling sites means that drilling crews are made idle, not to mention the high operating costs. Perhaps this explains why oil service companies such as Emerge Energy Services LP (NYSE:EMES) are warning investors to lower their expectations in the early months of 2014 which have increasingly come under challenging business environment, thus stifling revenue. Emerge Energy Services LP (NYSE:EMES) shares moved up 7.23% in last trading session and was closed at $66.27, while trading in range of $61.60-$66.76. Emerge Energy Services LP (NYSE:EMES) year to date performance is 52.91%.
Investment analysts at Jefferies Group raised their price target on shares of Rambus (NASDAQ:RMBS) from $11.00 to $12.00 in a note issued to investors on Wednesday, AmericanBankingNews.com reports. Jefferies Group’s price target suggests a potential upside of 12.25% from the company’s current price. Rambus Inc. (NASDAQ:RMBS) weekly performance is 12.17%. On last trading day company shares ended up $11.61. Rambus Inc. (NASDAQ:RMBS) distance from 50-day simple moving average is 21.71%. Analysts mean target price for the company is $11.58.
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