Active Stocks in List: eBay Inc. (NASDAQ:EBAY), Primoris Services Corporation (NASDAQ:PRIM), Jarden Corp. (NYSE:JAH)

April 26, 2023 3:01 am18 commentsViews: 55

eBay Inc. (NASDAQ:EBAY) moved up in 1.76% in previous trading session as analysts at Cantor Fizgerald initiated coverage of PayPal Holdings Inc. by means of a $45 price target. The firm is set to split from eBay Inc. and it will start trading on July 20. Cantor Fitzgerald analyst Youssef Squali wrote that PayPal’s large addressable market online and offline, plus its strong brand make its shares compelling. He said he expects mid-teens growth in payment volume over the next three-to-five years. Squali said he expects PayPal to garner more than $280 billion in total payable volume with about $9 billion in revenue for 2015. PayPal already holds about a 10% share of the e-commerce payment market, which Squali says is a significant portion. Ebay will report its 2015 second-quarter earnings on Thursday. eBay Inc. (NASDAQ:EBAY) stock price closed at $63.47 with the total traded volume of 13.43 Million shares. Its price to sales ratio ended at 4.19. Its market capitalization is 77.10 Billion. The stock owned by the Financial Institutions was 83.60% while by insiders was 8.10%.

Primoris Services Corporation (NASDAQ:PRIM) reported that its board has permitted an executive transition effective August 1, 2015. The Company’s current Chief Operating Officer, David King expected to become the new Chief Executive Officer and President. Brian Pratt will step down from his position as Chief Executive Officer and President, while remaining as Chairman of the Board and assuming the non-employee role of Senior Strategic Advisor. Primoris Services Corporation (NASDAQ:PRIM) has the market capitalization of 979.57 Million. Shares of firm plunged -0.42% to close at $18.96 with the total traded volume of 495458. The firm has current ratio of 1.60 for the most recent quarter.

Consumer goods company, Jarden Corp. (NYSE:JAH) decided on Monday to purchased Waddington Group, Inc., from its private-equity owner Olympus Partners and other stockholders in a deal valued at about $1.35 billion. The deal, subject to customary closing conditions and regulatory approvals, is expected to close in the third quarter of 2015. “This acquisition should immediately enhance our financial performance and create exciting new revenue drivers. Our complementary businesses further enhanced by our combined deep bench of management talent lay the foundation for new cross-selling opportunities, cross-brand collaboration, and cross-business support,” Jarden’s CEO James Lillie said in a statement. Jarden Corp. (NYSE:JAH) begun last trade with a price of $54.04 and throughout the trading session climbed at a high of $55.75. The day-trade ended with 4.72% to $54.78. The stock is going forward to its 52-week low with 51.05% and lagging behind from its 52-week high price with 0.38%. JAH last month stock price volatility remained 1.48%.

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