Monster Worldwide, Inc. Common (NYSE:MWW):
Monster Worldwide Comments On MediaNews Group’s Letter And Presentation.
The company is up from yesterday’s close of $3.29.
Company chares are trading at $3.35 which is marginally under the 50 day moving average of $3.48 and which is a tad above the 200 day moving average of $3.07. The 50 day moving average went down by -3.63% and the 200 day average went up by +8.98%.
In the last earnings report the EPS was $-2.77 and is estimated to be $-0.05 for the current year with 89,064,000 shares presently outstanding. Next quarter’s EPS is expected be $0.01 and the next full year EPS is anticipated to be $-0.09.
Several brokerage analysts have issued ratings on Monster Worldwide, Inc. Common recently. On August 22 the stock rating was downgraded from “” to “Market Underperform” by analysts at Avondale Partners. On July 11 the company was downgraded to “Market Perform” from “Outperform” in a statement from BMO Capital.
On February 12 FBR Capital maintained a company rating of “Market Perform” and lowered the price target to $3.50 from $8.00. On February 11 the company was downgraded from “Outperform” to “Market Perform” by FBR Capital.
October 30 investment analysts at Piper Jaffray maintained a stock rating of “Neutral” but lowered the price expectation from $7.50 to $7.00. Piper Jaffray added the stock to its research portfolio by announcing an initial rating of “Neutral” and price target of $7.00.