MagneGas Corporation (NASDAQ:MNGA) initiated the shares trading at $0.5689 and showed positive change of +20.1168% while the stock’s final trade was registered at $ 0.6789. However, its previous closing price was seen at $0.5652. The stock negotiated total number of 12.52 million shares as compared to 3 months average volume of 522.38 thousand shares.
The stock price demonstrated downbeat change from its 50 day moving average of 0.7080 and had been down from its 200 Day Moving Average of 1.0262.
MagneGas Corporation (MNGA) a leading technology firm that counts among its inventions a patented process that converts renewable and waste liquids into MagneGas2® fuel, reported recently that the successful results of its recent testing of its developmental wastewater sterilization equipment have moved the Firma step closer to entering the septic water treatment market.
In June and July, the Firm deployed its 50 KW mobile sterilization system at a Florida septic wastewater treatment facility. Initial results of the processed samples analyzed by an independent laboratory indicate important reductions in pathogens. Additionally, these preliminary results are indicating reductions in Nitrogen, Phosphorus, and Potassium.
MagneGas Corporation’s (MNGA) has price-to-cash ratio of 14.31 and price to sale ratio of 12.11. and gross profit margin is 39.60%. A look on the firm performance, its monthly performance is -12.96% and a quarterly performance of -36.55%. The stock price is moving up from its 20 days moving average with 8.09% and isolated negatively from 50 days moving average with -11.92%.
Shares of Gold Fields Limited (NYSE:GFI) declined -0.84% and ended at $5.88 smaller than previous closing price of $5.93. The total 4.31 million shares were bought and sold throughout the most recent trading session less than average volume of 6.52 million shares.
The average true range of Gold Fields Ltd.’s (GFI) is recorded at 0.27 and the relative strength index of the stock stands 67.17. The stock price is going above to its 52 week low with 189.22% and lagging behind from its 52 week high with -4.08%. Analyst recommendation for this stock stands at 3.30. A look on the firm performance, its monthly performance is 36.43% and a quarterly performance of 35.80%. The stock price is trading upbeat from its 200 days moving average with 62.23% and up from 50 days moving average with 30.46%.
Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) advises that earnings per share (EPS) for the six months ended 30 June 2016 (H1 2016) are predictable to be 1,400% (US$0.14) higher than the US$0.00 per share stated for the six months ended 30 June 2015 (H1 2015), at US$0.14 per share. Headline earnings per share (HEPS) for H1 2016 are predictable to be 1,500% (US$0.15) higher than the US$0.01 per share stated for H1 2015, at US$0.16 per share.
According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. 1 Month Ago, shares have been suggested as “BUY” from “3” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. 1” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “3.5” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.