Active Stocks in Action: Southwestern Energy Company, (NYSE:SWN), Barrick Gold Corporation, (NYSE:ABX), Fifth Street Finance Corp., (NASDAQ:FSC)

penny stocks

On Monday, Shares of Southwestern Energy Company (NYSE:SWN), added 2.09% and closed at $6.85 in the last trading session. The last trading range of the stock ranges between $6.56 6.93. Southwestern Energy Co. has shown underwhelming performance overall, both over the last one year in addition to over the last month. While, in what appears to be a redeeming aspect, Southwestern Energy Co.’s price momentum over the last month, at -25.61% has been better than that over the last year, which was -76.80%, Southwestern Energy Co. has actually lagged its peer group.

Barrick Gold Corporation (NYSE:ABX), lost -3.71% and closed at $7.53 in the last trading session, as gold prices retreat. The company’s market capitalization is $8.77B.

Gold prices are down due to uncertainty on the pace of future Federal Reserve interest rate hikes, Reuters reports. Earlier this month, the Fed raised interest rates by 25 basis points.

The precious metal struggles to compete with interest-bearing assets when interest rates are raised.

Shares of Fifth Street Finance Corp. (NASDAQ:FSC), ended its last trade with -4.64% loss, and closed at $6.16. The Average Volume of the company is at 1,221,670. The EPS of the company stands at $0.29.

Fifth Street Finance Corp. (NASDAQ:FSC) stated gains of 380,563 shares or 37.3% in the short interest. The short interest registered from 1,020,830 on November 30, 2015 to 1,401,393 on December 15, 2015. In terms of floated shares, the shorted positions stood at 0.9%. The stock has been averaging 1,717,371 shares daily in trading and would need 1 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on December 24th.

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About Travis Garlick 1791 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.