Active Stocks Investor’s Alert: Great Basin Scientific Inc (NASDAQ:GBSN), Host Hotels and Resorts Inc (NYSE:HST), Skechers USA Inc (NYSE:SKX) | Stocks Newswire

On Tuesday, Shares of Great Basin Scientific Inc (NASDAQ:GBSN), lost -7.89% to $0.0525.

Great Basin Scientific, has the market capitalization of $4.63M. The stock has P/S ratio of 2.57 while EPS was $-13.30. Institutional ownership of the company was 0.40% while 88.24M shares were outstanding. Share of the company moved below its SMA 50 with -84.62%. ROE ratio was 140.50% while ROI was 277.30%.

Great Basin Scientific, Inc., a molecular diagnostic testing company, doing business as Great Basin Corporation, develops and commercializes molecular diagnostic systems that are designed to test hospital-attained infections.

Shares of Host Hotels and Resorts Inc (NYSE:HST), declined -0.18% to $16.27, during its last trading session.

Host Hotels and Resorts, has market capitalization of $12.22B. Its Debt/Eq ratio was -0.56 while its shares were below its 50 days simple moving average with -5.30%. The company offered earning per share of $0.92 while its 751.12M shares were outstanding. YTD performance of the company was -29.31%. Stock volatility for the week was 3.53% while for the month it was shown at 2.97%.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States.

Finally, Shares of Skechers USA Inc (NYSE:SKX), ended its last trade with -2.57% loss, and closed at $31.04.

Skechers, declared financial results for the third quarter ended September 30, 2015. All share and per share information has been retroactively adjusted for the three-for-one stock split that was effective on October 15, 2015.

Third quarter 2015 net sales were $856.2 million contrast to $674.3 million for the third quarter of 2014. Gross profit for the third quarter of 2015 was $387.0 million or 45.2 percent of net sales contrast to $304.5 million or 45.2 percent of net sales for the third quarter of last year. Earnings from operations for the third quarter of 2015 were $95.6 million as contrast to earnings from operations of $74.1 million in the third quarter of 2014.

Net earnings for the third quarter were $66.6 million contrast to net earnings of $51.1 million in the third quarter of 2014, an improvement of 30.3 percent. Diluted net earnings per share for the third quarter were $0.43 on 154.5 million weighted average shares outstanding, contrast to diluted net earnings per share of $0.33 on 153.0 million weighted average shares outstanding for the third quarter of 2014. The Company’s diluted earnings per share for the third quarter of 2015 was negatively influenced by several factors counting foreign currency translation and exchange losses of $13.5 million, and raised deferred rent expenses of $3.5 million related to the new Fifth Avenue Skechers retail store, which opened during the third quarter, and a second Skechers location in Times Square, which just opened. Additionally, during the third quarter of 2015 diluted earnings per share were influenced by raised legal expenses of $5.0 million related to the settlement of personal injury lawsuits from the Company’s toning footwear business; and $5.9 million in higher legal fees and associated costs primarily related to intellectual property litigation, which comprised the matter of Converse, Inc. v. Skechers U.S.A., Inc., which went to trial before the International Trade Commission in August of this year. The Company believes that most, if not all, of these legal matters will come to a conclusion by early next year. During the third quarter of 2015, these additional expenses reduced diluted earnings per share by $0.15.

For the nine months ended September 30, 2015, net sales were $2.425 billion contrast to net sales of $1.808 billion in the first nine months of 2014. Gross profit for the first nine months of 2015 was $1.094 billion or 45.1 percent of net sales, contrast to $814.3 million or 45.0 percent of net sales for the first nine months of 2014. Earnings from operations for the first nine months of 2015 were $296.1 million, contrast to earnings from operations of $176.1 million in the first nine months of 2014.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children, in addition to performance footwear for men and women under the Skechers GO brand name worldwide. It operates through four segments: Domestic Wholesale Sales, International Wholesale Sales, Retail Sales, and E-commerce Sales.

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About Travis Garlick 1822 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.