New York, NY -- (SBWIRE) -- 10/25/2013 -- King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Today We bring special trend analysis of following stocks: Healthways, Inc. (NASDAQ:HWAY), Qlik Technologies Inc (NASDAQ:QLIK), MEI Pharma Inc (NASDAQ:MEIP), Rayonier Inc. (NYSE:RYN)
Healthways, Inc. (NASDAQ:HWAY) plummeted more than 28 percent today after the company reported its financial results for the third quarter that fell short of expectations. Healthways said that it earned $0.05 per share for the quarter, versus analysts’ estimates of $0.13 per share. Revenue came in at $166.2 million, far behind 185.74 million estimated by analysts.
Is HWAY a Solid Investment at These Levels? Read This Report For Details
Qlik Technologies Inc (NASDAQ:QLIK) fell 18.46 percent to $27.30 today on traded volume of 15.50 million shares after the company announced disappointing profit outlook for the fourth quarter. Qlik is anticipating earnings in the range of 28 cents per share to 31 cents per share. Analysts surveyed by Thomson Reuters are expecting earnings of 45 cents per share. QLIK has a market capitalization of $2.40 billion.
How Should Investors Trade QLIK Now? Don’t Miss out a Special Trend Analysis
MEI Pharma Inc (NASDAQ:MEIP) slipped more than 15 percent today after the development-stage oncology firm announced pricing of an underwritten public offering of 4.38 million shares at $8.00 each share. The company has also given a 30-day option to the underwriters to buy an additional 656,250 shares. The offering, subject to usual closing conditions, is anticipated to close on 30th of October.
What MEIP’s Charts Are Signaling for Traders? Find Out Here
Rayonier Inc. (NYSE:RYN) plummeted 13.99 percent to $47.27 today on traded volume of 5.39 million shares after the real estate investment trust said that it earned $0.44 per share for the third quarter, that didn’t meet consensus forecast of $0.46 per share. RYN stock has a 52-week range of $46.25 to $60.62. The company has a market capitalization of $5.94 billion and P/E ratio of 17.73.
Can RYN Show a Strong Recovery? Find out in This Research Report
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