Gordmans Stores (GMAN) is well over its daily average today moving over a million shares. The company just reported that its fourth quarter profit fell by 22 percent and that the train is leaving the station rather slowly so far in the early days of 2013.
The company earned $7.9 million, or 41 cents per share for the quarter versus $10.2 million, or 53 cents per share, in the same period last year. Revenue increased by nine percent to $202.5 million.
Groupon (Nasdaq:GRPN) has seen hard times during the last year but today and in early 3013 the company has been looking better. Today they traded well above their daily average moving some 22 million shares. Groupon, Inc. operates as a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. The company also offers deals on products for which it acts as the merchant of record
One of the reasons for the recent up tick has been the upgrading of the stock by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.
Disclaimer: This article is intended for informational and entertainment use only, and should not be construed as professional investment advice. They are my opinions only. Trading stocks is risky — always be sure to know and understand your risk tolerance. You can incur substantial financial losses in any trade or investment. Always do your own due diligence before buying and selling any stock, and/or consult with a licensed financial adviser.