On Thursday, Cisco Systems, Inc. (NASDAQ:CSCO) stock opened its trade at $30.15 and after floating in a range of $29.80 to $30.16, settled at $30.04. The stock lost -0.36% in total of its share price. The stock’s 52-week range is $22.46 – $31.95.
French media and entertainment company Technicolor said on Thursday that core profits last year fell short of its forecast, hit by lower than anticipated sales in its Connected Home business and changes in foreign exchange rates.
A 5 million euro negative contribution from exited activities also hit profits.
The company said it anticipates reporting full year 2016 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of about 565 million euros. In October it reaffirmed a forecast of 600-630 million euros.
In 2015 Technicolor bought Cisco System’s Connected Devices business, a move intended to boost its presence in the home entertainment market and expand its North American footprint.
The company said it was ahead of plan with synergies from the Cisco Connected Devices acquisition, but revenue in the Connected Home division, which deals in digital and cable set-top boxes, in addition to broadband devices, had been affected by the devaluation of Latin American currencies as compared to the U.S. dollar, hitting client spending in the region. (Source: Reuters)
CSCO stock’s price is now -4.99% down from its 52-week high and +38.51% up from its 52-week low. Taking a look into the performance of CSCO stock, investor will come to know that the weekly performance for this stock is valued at -0.43%, resulting in a performance for the month at 0.42%. Therefore, the stated figure displays a quarterly performance of -0.14% and year to date performance of 0.26%.
Shares of Occidental Petroleum Corporation (NYSE:OXY) declined -0.46% to $69.03. Stock exchanged hands with the total volume of 5.34 Million shares, as contrast to its average volume of 4.57 Million shares. The 52-week range of the share price is from $58.14 – $78.48. For trailing twelve months, EPS value for the stock is $-8.17.
Beta factor of the stock stands at 0.85. Beta factor is used to measure the volatility of the stock. The stock remained 1.63% volatile for the week and 1.59% for the month. Looking into the profitability ratios of OXY stock, investor will find its ROE, ROA, ROI standing at -23.40%, -12.90% and -25.40%, respectively.
