Weekly 3-Year Low Highlights: CHT, NE, HL, VOLC

Author's Avatar
Sep 21, 2014

According to GuruFocus list of 3-year lows, Chunghwa Telecom Co Ltd, Noble Corp PLC, Hecla Mining Co, and Volcano Corp have all reached their 3-year lows.

Chunghwa Telecom Co Ltd (CHT, Financial) Reached $30.45

The prices of Chunghwa Telecom Co Ltd (CHT, Financial) shares have declined to $30.45, which is 15.3% off the 3-year high of $34.31.

Chunghwa Telecom Co Ltd provides telecommunication services. Chunghwa Telecom Co Ltd has a market cap of $23.51 billion; its shares were traded at around $30.45 with a P/E ratio of 16.80 and P/S ratio of 3.16. The dividend yield of Chunghwa Telecom stocks is 2.04%. Chunghwa Telecom Co Ltd had an annual average earnings growth of 5.10% over the past 10 years. GuruFocus rated Chunghwa Telecom Co Ltd the business predictability rank of 3.5-star.

Chunghwa has released its first quarter 2014 results. For this quarter, the company reported total revenue of 55.06 billion New Taiwan Dollars, which is a decrease of 2.8% over the prior year quarter. Net income increased by 10.9% to 10.20 billion New Taiwan Dollars, or 1.32 per share.

Noble Corp PLC (NE, Financial) Reached $24.26

The prices of Noble Corp PLC (NE, Financial) shares have declined to $24.26, which is 35.4% off the 3-year high of $36.99.

Noble Corporation is a Swiss corporation. The company is an offshore drilling contractor for the oil and gas industry. Noble Corp has a market cap of $6.17 billion; its shares were traded at around $24.26 with a P/E ratio of 6.60 and P/S ratio of 1.30. The dividend yield of Noble Corp PLC stocks is 5.66%. Noble Corp PLC had an annual average earnings growth of 14.10% over the past 10 years.

Noble Corp has released its second quarter 2014 results. In this quarter, the company generated net income of $235 million ($0.91 per share), compared to income of $256 million ($0.99 per share) in the first quarter of 2014. Net income for the second quarter of 2013 was $177 million. Revenues were $1.2 billion compared to $1.0 billion in the prior year quarter.

1 Guru Initiated Positions: David Dreman (Trades, Portfolio) bought 2,788 shares in the quarter that ended on 06/30/2014, which is 0.0064% of the $1.33 billion portfolio of Dreman Value Management.

2 Gurus Increased Positions: Donald Smith (Trades, Portfolio) owns 3,838,679 shares as of 06/30/2014, an increase of 41.52% from the previous quarter. Sr. VP-CFO & Controller James A Maclennan bought 6,000 shares of NE stock on 08/06/2014 at the average price of $26.92.

Hecla Mining Co (HL, Financial) Reached $2.73

The prices of Hecla Mining Co (HL, Financial) shares have declined to $2.73, which is 3.7% off the 3-year high of $7.39.

Hecla Mining Company, a Delaware corporation was established in 1891. Hecla Mining Co has a market cap of $954.142 million; its shares were traded at around $2.73 with and P/S ratio of 2.04. The dividend yield of Hecla Mining Co stocks is 0.37%.

Hecla Mining Co reported second quarter net loss of $14.5 million ($0.04 per share). Sales increased 38% to $117.5 million, and adjusted EBITDA increased 18% to $39.8 million.

2 Gurus Sold HL: Arnold Schneider (Trades, Portfolio) sold out his holdings in the quarter that ended on 06/30/2014. Sr. Vice President & CFO James A Sabala sold 100,000 shares of HL stock on 08/26/2014 at the average price of $3.19.

Volcano Corp (VOLC, Financial) Reached $11.58

The prices of Volcano Corp (VOLC, Financial) shares have declined to $11.58, which is 64.0% off the 3-year high of $31.32.

Volcano Corporation designs, develops, manufactures and commercializes a suite of intravascular ultrasound (IVUS) and functional measurement (FM) products that enhance the diagnosis and treatment of vascular and structural heart disease. Volcano Corp has a market cap of $587.164 million; its shares were traded at around $11.58 with and P/S ratio of 1.55.

The company has released its second quarter 2014 results, which included revenues of $102.6 million and GAAP net income of $282,000. This compares to revenues of $101.3 million and net loss of $2.4 million in the same quarter a year ago.

Go here for the complete list of 3-year lows.