Notable 52-Week Highs and Lows of the Day 04/13: (LNG) (CSTR) (JOEZ) High; (CHK) (XCO) Low

April 13, 2012 2:48 PM EDT
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today.

52-Week High:
  • Cheniere Energy, Inc. (AMEX: LNG) high of $17.48. Cheniere moving higher following reports that Republicans and the U.S. House would push for approval of the Keystone XL pipeline project, of which the lower half has already been approved by President Obama. The $7 billion TransCanada (NYSE: TRP) project will ship crude from Canada and the northern U.S. to Texas.

    Shares moved 11.3 percent to the new mark.

  • Coinstar (Nasdaq: CSTR) high of $69.74. Coinstar sees first-quarter 2012 earnings of $1.36 to $1.40 per share and revs of $567 million to $569.2 million, compared with views calling for EPS of 90 cents and revs of $537.7 million. Coinstar also boosted its FY12 guidance from $2.08 billion to $2.25 billion to a range of $2.155 billion to $2.28 billion, versus the consensus of $2.22 billion. EPS move from $3.80 to $4.30 to a range of $4.40 to $4.80, versus the consensus of $4.09.

  • Joe's Jeans, Inc. (Nasdaq: JOEZ) high of $1.56. Joe's Jeans reported first-quarter earnings of 1 cent per share, with revs of $26 million. The clothier had a break even result with revs of $23.8 million in the same period last year.

  • Good Times Restaurants Inc. (Nasdaq: GTIM) high of $3.34. Good Times absolutely ripping Friday, moving 181 percent to the new high on multitudes of volume. On Wednesday, Good Times said it tapped Heathcote Capital LLC in connection with a possible strategic transaction.
52-Week Low:
  • Chesapeake Energy Corporation (NYSE: CHK) low of $19.75. Chesapeake lower as nat gas prices have caused rig counts to drop for the third time in the last four weeks. Baker Hughes reported gas-directed rig count slipped 23 to 624, the lowest count since April 2002.

  • EXCO Resources Inc. (NYSE: XCO) low of $5.75. EXCO Resources also moving as nat gas and crude traverse lower Friday. China's slowing GDP and the higher cost of borrowing in Europe has some concerned that demand for crude will drop over the next few weeks. Mild winter weather also has nat gas stockpiles at all-time highs as prices drop to decade lows.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Crude Oil, Barack Obama, Earnings