$69 postpage LB

Stocks With Upward Momentum - LYC, ALL, OML

  • May 16, 2019 08:37 PM AEST
  • Team Kalkine
Stocks With Upward Momentum - LYC, ALL, OML

Below mentioned stocks have witnessed an improvement in their share prices during the intraday trade. However, in the past six months these stocks have provided negative returns. Let’s take a closer look at these stocks -

Gold MTF non-AMP

Lynas Corporation Limited (ASX: LYC)

The Australian mining company, Lynas Corporation Limited (ASX: LYC) has witnessed an uplift of 6.806% in its share price during the intraday trade. This rare earths mining company achieved record production during the first quarter of FY19. During the quarter, the company added separated Nd and Pr to its product suite which strengthened the company’s position in the Japanese market. The company’s Invoiced sales revenue was A$101.3 million in the 2019 March quarter which was 26.8% higher than the previous quarter.

On 21 May 2019, the company is going to conduct its Investor day, the theme of which is “Lynas 2025: Growing with the Market.”

In the past six months, the share price of the company decreased by 17.32% as on 15 May 2019. LYC’s shares last traded at $2.040 with a market capitalization of circa $1.27 billion as on 16 May 2019.

Aristocrat Leisure Limited (ASX: ALL)

Gaming machine manufacturer, Aristocrat Leisure Limited (ASX: ALL) delivered record profit in FY18 with NPATA increasing by around 34% to $729.6 Million. During 2018, the company achieved around 25% growth in its Class III North American premium gaming operations footprint, while also growing its Class II footprint by over 8%. Today the company’s shares are up by 4.05% as compared to last day close price.

The company is moving towards a more diversified Digital portfolio. It is expected that the company’s FY2019 results will be skewed to the second half of the financial year, reflecting the planned cadence of game releases and corresponding UA investment.

In the past six months, the share price of the company decreased by 4.05% as on 15 May 2019. ALL’s shares last traded at $26.870 up 4.961% during the day’s trade with a market capitalization of circa $16.35 billion as on 16 May 2019.

oOh!media Limited (ASX: OML)

The leading media company, oOh!media Limited (ASX: OML) witnessed an uplift of around 5.337% in its share price during today’s day trade. Today, the company held its Annual general meeting in which it passed 7 resolutions through shareholder’s vote.

AGM Results (Source: Company Reports)

In 2018, the company’s total revenue increased by 27% to $482.6 million and its underlying NPATA increased by 18% to $51.1 million. During the year, the company acquired Adshel (which has since been rebranded as Commute) which positioned oOh! as the largest Out Of Home company across both Australia and New Zealand. In 2018, the company’s Underlying EBITDA (ex-Commute) increased by 5% to $94.2 million, which was at the low end of the guidance range which was provided at the half-year result.

In the past six months, the share price of the company decreased by 20.36% as on 15 May 2019. OML’s shares last traded at $3.750 up 5.337% during the day’s trade with a market capitalization of circa $851.98 Million as on 16 May 2019.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

 

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK