Garmin (GRMN) Just Overtook the 20-Day Moving Average
ZACKS· 2025-02-20 15:36
Garmin (GRMN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, GRMN broke through the 20-day moving average, which suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.The 20-d ...
60 Degrees Pharmaceuticals, Inc. Announces 1:5 Reverse Stock Split
GlobeNewswire· 2025-02-20 15:36
WASHINGTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP; SXTPW) (the “Company”), a pharmaceutical company focused on developing new medicines for infectious diseases, announced today that it will effect a 1-for-5 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.0001 per share (“Common Stock”). The Common Stock will continue to trade on The Nasdaq Capital Market under the existing symbol “SXTP” and will begin trading on a split-adjusted basis ...
Magnera to present at JP Morgan’s Global Leveraged Finance Conference
GlobeNewswire· 2025-02-20 15:36
CHARLOTTE, N.C., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Magnera (NYSE: MAGN) will present at JP Morgan’s Global Leveraged Finance Conference in Miami Beach, Florida. Magnera CEO, Curt Begle, and CFO & Treasurer, Jim Till, will participate on Thursday, February 25, 2025, at 5:15 p.m. EST. About MagneraMagnera Corporation (NYSE: MAGN) was formed from the spinoff and merger of Berry Global Inc.'s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter Corporation. The combined company se ...
Greystone Housing Impact Investors (GHI) Q4 Earnings Surpass Estimates
ZACKS· 2025-02-20 15:35
Greystone Housing Impact Investors (GHI) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to loss of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 183.33%. A quarter ago, it was expected that this provider of tax exempt financing for student housing, senior housing and multifamily housing would post earnings of $0.21 per share when it actually p ...
After Plunging -69.58% in 4 Weeks, Here's Why the Trend Might Reverse for CARGO Therapeutics, Inc. (CRGX)
ZACKS· 2025-02-20 15:35
CARGO Therapeutics, Inc. (CRGX) has been on a downward spiral lately with significant selling pressure. After declining 69.6% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting ...
Deckers (DECK) Loses -29.02% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
ZACKS· 2025-02-20 15:35
Deckers (DECK) has been beaten down lately with too much selling pressure. While the stock has lost 29% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measur ...
Down -25.93% in 4 Weeks, Here's Why CACI International (CACI) Looks Ripe for a Turnaround
ZACKS· 2025-02-20 15:35
CACI International (CACI) has been beaten down lately with too much selling pressure. While the stock has lost 25.9% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillato ...
Here's Why TrueCar (TRUE) is Poised for a Turnaround After Losing -19.13% in 4 Weeks
ZACKS· 2025-02-20 15:35
TrueCar (TRUE) has been on a downward spiral lately with significant selling pressure. After declining 19.1% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is ov ...
The Boeing Company (BA) Barclays Industrial Select Conference Transcript
Seeking Alpha· 2025-02-20 15:35
The Boeing Company (NYSE:BA) Barclays Industrial Select Conference February 20, 2025 8:40 AM ET Company Participants Kelly Ortberg – President and Chief Executive Officer Conference Call Participants David Strauss – Barclays Capital David Strauss Next up, we’re pleased to have Boeing, Kelly Ortberg, CEO of Boeing, I think his first conference appearance in the role. Kelly Ortberg Yes. David Strauss After a long time we’ve known each other for quite a while, going years and years back. Both of us have a few ...
This is how much First Majestic increased its free cash flow in Q4 2024 as silver prices rallied to a multi-year high
KITCO· 2025-02-20 15:35
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...