Technical Roundup on Select Services Stocks -- First Data, Civeo, Outfront Media, and MDC Partners
NEW YORK, July 22, 2016 /PRNewswire/ --
Stock-Callers.com reviews the Services sector in this morning line-up. This sector accounts for two-thirds of the United States' economic activities. Following a lackluster second quarter, the space continues to be challenged by economic concerns. In today's pre-market study, our team has issued notes on the following equities: First Data Corp. (NYSE: FDC), Civeo Corp. (NYSE: CVEO), Outfront Media Inc. (NYSE: OUT), and MDC Partners Inc. (NASDAQ: MDCA). Learn more about these stocks by accessing their free notes at:
http://stock-callers.com/registration
First Data
Atlanta, Georgia headquartered First Data Corp.'s shares fell 0.40%, closing Thursday's trading session at $12.36. The stock recorded a trading volume of 2.41 million shares. The Company's shares have advanced 0.41% in the last month. The stock is trading 6.02% above its 50-day moving average. Additionally, shares of First Data, which provides electronic commerce solutions for merchants, financial institutions, and card issuers worldwide, have a Relative Strength Index (RSI) of 61.16.
On July 18th, 2016, First Data announced collaboration with Austin-based Bypass, an innovator in enterprise point-of-sale systems, to deliver a modern, comprehensive payments solution for sports arenas and concert venues. This unique collaboration blends First Data's innovative Clover® family of point-of-sale devices and business management tools with Bypass's revolutionary cloud-based software and back office management tools. The two companies have already collaborated to support major sporting events and concerts across the U.S.
On July 19th, 2016, research firm Piper Jaffray initiated an 'Overweight' rating, issuing a target price of $15 on the Company's stock. See our complete notes on FDC at:
http://stock-callers.com/registration/?symbol=FDC
Civeo
On Thursday, Houston, Texas headquartered Civeo Corp.'s stock recorded a trading volume of 658,698 shares and saw a drop of 3.73%, ending the day at $1.55. The Company's shares have advanced 19.23% in the previous three months and 9.15% since the start of this year. The stock is trading below its 200-day moving average by 1.23%. Furthermore, shares of Civeo, which provides remote site accommodation, logistics, and facility management services to the natural resource industry in Australia, Canada, and the U.S., have an RSI of 34.94.
On July 13th, 2016, research firm Scotia Howard Weil downgraded the Company's stock rating from 'Focus Stock' to 'Sector Outperform'. The research firm also revised downwards its previous target price from $4 to $3.
On July 18th, 2016, Civeo announced that it will release its second quarter 2016 earnings after the market closes on July 28th, 2016, and has scheduled the earnings conference call for July 29th, 2016, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). CVEO free notes are just a click away at:
http://stock-callers.com/registration/?symbol=CVEO
Outfront Media
New York-based Outfront Media Inc.'s stock finished the day 0.54% lower at $23.99 and with a total volume of 482,892 shares traded. The Company's shares have gained 1.87% in the last one month, 12.77% in the previous three months, and 13.32% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.70% and 11.46%, respectively. Additionally, shares of Outfront Media, which provides advertising space on out-of-home advertising structures and sites primarily in the U.S. and Canada, have an RSI of 59.91. Sign up for your complimentary notes on OUT at:
http://stock-callers.com/registration/?symbol=OUT
MDC Partners
Shares in New York headquartered MDC Partners Inc. ended yesterday's session 1.58% lower at $18.02. The stock recorded a trading volume of 165,100 shares. The Company's shares are trading 2.43% above their 50-day moving average. Moreover, shares of MDC Partners, which provides marketing, advertising, activation, communications, and strategic consulting solutions worldwide, have an RSI of 53.14.
On July 01st, 2016, under notes filed with the SEC, MDC partners reported that it has completed acquisition for Forsman & Bodenfors ekonomisk forening of 100% of the shares of Forsman & Bodenfors AB, an advertising agency based in Sweden announced on June 27th, 2016. Concurrently with the closing of the transaction, MDC made an initial payment of 1,900,000 shares of its Class A subordinate voting stock to Forsman & Bodenfors. Additional deferred contingent consideration is payable in 2017 based on F&B's financial results for calendar years 2015 and 2016. Register for free on Stock-Callers.com and access the latest notes on MDCA at:
http://stock-callers.com/registration/?symbol=MDCA
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article