How ODC In Bearish Descending Channel With Zep, Nicholas Financial (NICK), IPC

Oil-Dri Corporation of America (ODC) Monday pointed out it has appointed Mark Lewry as Chief Operating Officer. In his new role as COO, Lewry will report directly to Daniel Jaffee and oversee the Business to Business Products Group of the company. Lewry was beforehand with the Marmon Group, a Berkshire Hathaway Company, where he served as Group President of five business units. Oil-Dri Corp. of America (NYSE:ODC), Specialty Chemicals company, burgeoned 0.24% in last trading session and ended the day on $29.17. The stock is trading -29.31% below its 52-week high and 13.27% above its 52-week low. With 10500 of its shares exchanged hands during the day and 1.02 relative volume ratio, market capitalization of Oil-Dri Corp. of America moved to $206.23 million. The float was recorded 4.90 million compared to 7.07 million outstanding shares. ODC’s monthly performance is -8.27%.

Zep Inc (ZEP), a maker of cleaning and maintenance chemical products, Monday announced third-quarter net loss of $0.7 million or $0.03 per share, set side by side with net income of $2.8 million or $0.12 per share last year. Results for the most recent quarter included $0.12 per share of integration and legal costs. Excluding items, adjusted earnings for the quarter were $2 million or $0.09 per share, contrasted with $3.2 million or $0.14 per share a year ago. Revenues for the quarter were lower at $157.8 million, measured up with $163.4 million a year ago, due mainly to weather disruptions. Analysts polled by Thomson Reuters appreciated earnings of $0.08 per share on revenues of $159.1 million for the quarter. Zep, Inc. (NYSE:ZEP), Cleaning Products company, fostered 0.80% in last regular trading to $17.71. The stock is priced with the difference of 0.89% 200-day simple moving average and 1.10% 50-day moving average. Company’s forward price to earnings ratio is 15.14x with-125.00% EPS growth and -3.40% Sales growth quarter over quarter. ZEP’s year to date performance is -1.94%. Trade experts think of it as ‘Hold’ stock.

Nicholas Financial Inc. (NICK) Tuesday reported third-quarter profit of $3.83 million or $0.31 per share, down from $4.60 million or $0.38 per share in the same period last year.

Revenues improved to $20.76 million from $20.61 million last year. Nicholas Financial Inc. (NASDAQ:NICK), Credit Services, is currently trading at $14.43, which flourished 0.42%. The stock is trading -16.10% below its 52-week high and 1.94% above its 52-week low. NICK has 67.82x price to cash flow ratio with 20.20% profit margin. Its beta value stands at 0.83 times. The firm has the market capitalization of $176.33 million. NICK showed -8.73% quarterly performance. Trade experts think of it as ‘Hold’ stock.

IPC The Hospitalist Company, Inc. (IPCM) pointed out Thursday that it has picked up Eastside Medical Consultants, LLC, based in Wichita, Kansas. The acquisition represents IPC’s second agreement in the Wichita market in the past 15 months, having established a presence in Wichita in the first quarter of 2013. Eastside Medical Consultants has supplied hospitalist services in the Wichita area due to 2002. Eastside Medical Consultants founder Randy Mijares will continue to offer clinical leadership to the practice under IPC. The price of IPC The Hospitalist Company, Inc. (NASDAQ:IPCM), Specialized Health Services company, stock dropped -0.49% to $38.65. The stock is dealing at -39.32% below its 52-week high and 1.36% above its 52-week low. Company’s forward price to earnings ratio is 14.45x with-4.90% EPS growth and 12.80% Sales growth quarter over quarter. IPCM’s year to date performance is -34.92%. Investment experts consider it a ‘Hold’ stock.


Joseph Clements, CPA, is a senior analyst for The Downtown Leader. If you have a great story idea for Joseph Clements, you can write at [ ].