TMCnet News
Relatively High Beta Detected in Shares of School Specialty in the Research and Consulting Services Industry (SCHS, ACTG, HIL, OMEX, RECN)Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Research and Consulting Services industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.School Specialty ranks highest with a a beta of 1.7. Acacia Research is next with a a beta of 1.5. Hill International ranks third highest with a a beta of 1.4. Odyssey Marine Exploration follows with a a beta of 1.3, and Resources Connection rounds out the top five with a a beta of 1.3. SmarTrend recommended that its subscribers protect gains by selling shares of School Specialty on November 30th, 2012 by issuing a Downtrend alert when the shares were trading at $1.37. Since that call, shares of School Specialty have fallen 30.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |