Lone Pine Resources (LONE) Reaches $0.04 After 3.00% Down Move; Hikari Power LTD Has Decreased Cisco Systems (CSCO) Holding

October 10, 2017 - By Linda Rogers

The stock of Lone Pine Resources Inc (OTCMKTS:LPRIQ) is a huge mover today! It is 0.00% or $0 reaching $0.04 per share. It is down 0.00% since October 10, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 6 months negative chart setup for the $3.47 million company. It was reported on Oct, 10 by Barchart.com. We have $0.04 PT which if reached, will make OTCMKTS:LPRIQ worth $104,100 less.

Hikari Power Ltd decreased Cisco Systems Inc (CSCO) stake by 30.29% reported in 2017Q2 SEC filing. Hikari Power Ltd sold 71,210 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The Hikari Power Ltd holds 163,890 shares with $5.13 million value, down from 235,100 last quarter. Cisco Systems Inc now has $166.09 billion valuation. The stock declined 0.65% or $0.22 reaching $33.54 per share. About 6.03M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since October 10, 2016 and is uptrending. It has underperformed by 3.50% the S&P500.

Analysts await Lone Pine Resources Inc (OTCMKTS:LPRIQ) to report earnings on November, 9. They expect $-0.26 EPS, up 82.31% or $1.21 from last year’s $-1.47 per share. After $-0.06 actual EPS reported by Lone Pine Resources Inc for the previous quarter, Wall Street now forecasts 333.33% negative EPS growth.

Lone Pine Resources Inc. is an independent gas and oil exploration, development, and production firm with activities in Canada within the provinces of Alberta, British Columbia, Quebec and the Northwest Territories. The company has market cap of $3.47 million. The Firm focuses on the Western Canadian Sedimentary Basin, which includes its Narraway/Ojay and Wild River fields in the Deep Basin and its Evi field in the Peace River Arch. It currently has negative earnings. Lone Pine is a wholly owned subsidiary of Forest Oil Corporation, which is an independent gas and oil firm engaged in the acquisition, exploration, development and production of oil and natural gas.

Hikari Power Ltd increased Ani Pharmaceuticals Inc (NASDAQ:ANIP) stake by 7,130 shares to 12,130 valued at $568,000 in 2017Q2. It also upped Diamond Offshore Drilling Inc (NYSE:DO) stake by 457,800 shares and now owns 567,700 shares. Phillips 66 (NYSE:PSX) was raised too.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on November, 15. They expect $0.55 EPS, 0.00% or $0.00 from last year’s $0.55 per share. CSCO’s profit will be $2.72B for 15.25 P/E if the $0.55 EPS becomes a reality. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 37 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Cisco Systems Inc. had 110 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, February 16. Citigroup maintained it with “Buy” rating and $35 target in Tuesday, August 9 report. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Piper Jaffray on Wednesday, August 16. The firm earned “Overweight” rating on Monday, May 15 by Morgan Stanley. The company was downgraded on Tuesday, May 9 by BMO Capital Markets. The firm has “Hold” rating by Nomura given on Wednesday, June 21. The rating was maintained by Credit Suisse on Wednesday, June 21 with “Buy”. On Thursday, August 18 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, November 13. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Drexel Hamilton on Tuesday, August 15.

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By1 Linda Rogers




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