x min read

Active Stocks in Focus: Magnum Hunter Resources Corp. (NYSE:MHR), SLM Corporation (NASDAQ:SLM), Susquehanna Bancshares, Inc. (NASDAQ:SUSQ)

Active Stocks in Focus: Magnum Hunter Resources Corp. (NYSE:MHR), SLM Corporation (NASDAQ:SLM), Susquehanna Bancshares, Inc. (NASDAQ:SUSQ)
Written by
Ryan Mitchell
Published on
October 23, 2014
Copy URL
Share on LinkedIn
Share on Reddit
Share on Twitter/X
Share on Facebook
InsidrFinancial

Magnum Hunter Resources Corp. (NYSE:MHR) reported that closing of new credit facilities as well as refinancing of prior revolving credit facility (MHR). The new credit facilities consist of i) a $50M senior secured first lien reserve-based revolving credit facility, maturing four years after the closing date, and ii) a $340M senior secured second lien term loan, maturing five years after the closing date. Magnum Hunter Resources Corp. (NYSE:MHR) stock hit highest price at $5.30, beginning with a price of $5.25 to the closed at 4.64 by a lose of -8.30% with a day range of $4.60-$5.30. The total market capitalization remained 925.2 Million, total volume of 10.11 Million shares held in the session was surprisingly higher than its average volume of 5124.87 shares.SLM Corporation (NASDAQ:SLM) released that its third quarter earnings of $0.17 a share, in-line with the Capital IQ Consensus anticipates of $0.17. The firm's third-quarter 2014 private education loan portfolio results as compared to third-quarter 2013 included: Loan originations of $1.6 billion, up 8 percent. On the other consideration, SLM Corporation (NASDAQ:SLM) begun last trade with a price of $8.80 and throughout the trading session climbed at $8.98. The day-trade ended with a gain of 0.91% to closed at $8.90. The stock is going forward its fifty-two week low with 18.84% and lagging behind from its 52 week high price with -8.35%. SLM last month stock price volatility remained 1.92%.Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) released that its third quarter earnings of $0.18 per share, $0.02 lower than the Capital IQ Consensus anticipates of $0.20. Loans and leases dropped $241.4M or 1.8 percent from June 30, 2014 to $13.4B at September 30, 2014. Shares of Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) opened at $10.23 with 187.70 million outstanding shares and hit to its highest price of $10.31 during the day and finally closed at $10.09 by scoring -1.18%. In the whole session, it traded on volume of 1.15 Million shares, which turned higher than its average volume.

Discover Hidden Gems

Don't miss the next big opportunity. Subscribe for timely alerts on potential market movers.