Thursday 23 Oct 2014

China Shen Zhou Mining & Resources (NYSEMKT:SHZ) down by 14.28%, Velti (NASDAQ:VELT)

New York, NY – (NISMAGAZINE) – 5/17/2013- China Shen Zhou Mining & Resources (NYSEMKT:SHZ) is running at a price of $0.124 per share, down by 14.28% (-$0.021). The stock had closed yesterday at the price of $0.14 per share and it opened today at $0.14. Today’s trading so far has seen the share touch a high price of $0.14 and a low of $0.13 where in the last 52 weeks the share’s price range has been $0.13- $1.39. The number of shares traded so far today is 1.45M while on a 30-day average 332.221K shares of the company are traded every day. The earnings-per-share of the company is -$0.16, which means the company is running in losses. The company seems on firm footing with substantial working capital and ability to manage short-term liabilities, its current ratio standing at 1.12. It has high total-debt to equity ratio of 22.65 suggesting that the company is taking high risks to finance its growth. The company gives good returns on average equity, the figure standing at -$1.16.

The company posted net loss of $1,201 – $1,513 in its preliminary report for the first quarter of 2013. The company could not file the final report within the stipulated deadline due to current discussions with the SEC regarding accounting treatments.

How Should Investors Trade SHZ Now? Check out this exclusive report!

Velti (NASDAQ:VELT) is running at a price of $1.83 per share, up by 1.10% (0.02). The stock had closed yesterday at the price of $1.82 per share and it opened today at $1.61. Today’s trading so far has seen the share touch a high price of $1.73 and a low of $1.61 where in the last 52 weeks the share’s price range has been $1.53- $10.43. The number of shares traded so far today is 1.94M while on a 30-day average 1.83 million shares of the company are traded every day. The earnings-per-share of the company is -$0.40, which means the company is running in losses. The company seems on firm footing with substantial working capital and ability to manage short-term liabilities, its current ratio standing at 2.32. It has high total-debt to equity ratio of 12.32 suggesting that the company is taking high risks to finance its growth. The company gives low returns on average equity, the figure standing at -$9.22.

Is VELT a solid investment at these levels? Get valuable insight and must-know updates here.

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