Stocks Under $10: Leap Wireless
Richard Suttmeier Follow |Leap Wireless (LEAP) – ($5.69) has been upgraded to Buy according to ValuEngine with fair value at $11.77, which makes the stock 50.0% undervalued. The one-year price target is $6.25. ValuEngine Profile – “Leap Wireless is a customer-focused company providing innovative mobile wireless services that are targeted to meet the needs of customers who are under-served by traditional communications companies. With a commitment to predictability, simplicity and value as the foundation of our business, Leap pioneered Cricket? service, a simple and affordable wireless alternative to traditional landline service. Cricket service offers customers unlimited anytime minutes within the Cricket calling area over a high-quality, all-digital CDMA network.”
Analysis – The daily chart for LEAP shows declining momentum with the stock below its 21-day, 50-day and 200-day simple moving averages at $5.90, $5.82 and $5.99. My weekly pivot is $5.91 with a monthly risky level at $6.48.
Courtesy of Thomson / Reuters
|
Ticker |
Company Name |
Mkt Price |
Fair Value |
One-Year Price Target |
Last 12-Mon Retn (%) |
5-Yr Avg Retn (%) |
P/E Ratio |
|
LEAP |
LEAP WIRELESS |
5.69 |
11.77 |
6.25 |
4.26 |
-46.42 |
n/a |
If you have any questions, please contact me at Rsuttmeier@gmail.com.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer
Companies
| Symbol | Name | Price | Change | % | Volume | ||
|---|---|---|---|---|---|---|---|
| Follow | ROIQU | ROI Acquisition Corp II Unit 1 Com & 1 Wt Exp 2018 | n/a | n/a | n/a | 0 | Trade |
Comments
You have to be logged in to leave a comment.
Take me to log in Don't have an account?