TransGlobe Energy (TGA) Reaches $2.08 52-Week High; Kemet (KEM) Sentiment Is 1.43

May 18, 2018 - By Peter Hammer

KEMET Corporation (NYSE:KEM) Logo

Kemet Corp (KEM) investors sentiment decreased to 1.43 in Q4 2017. It’s down -1.62, from 3.05 in 2017Q3. The ratio fall, as 107 institutional investors increased or started new equity positions, while 75 cut down and sold their stakes in Kemet Corp. The institutional investors in our database now hold: 38.35 million shares, down from 76.11 million shares in 2017Q3. Also, the number of institutional investors holding Kemet Corp in top ten equity positions increased from 0 to 1 for an increase of 1. Sold All: 26 Reduced: 49 Increased: 58 New Position: 49.

The stock of TransGlobe Energy Corporation (NASDAQ:TGA) hit a new 52-week high and has $2.25 target or 8.00% above today’s $2.08 share price. The 6 months bullish chart indicates low risk for the $150.19M company. The 1-year high was reported on May, 18 by Barchart.com. If the $2.25 price target is reached, the company will be worth $12.01M more. The stock increased 1.96% or $0.04 during the last trading session, reaching $2.08. About 178,145 shares traded or 39.19% up from the average. TransGlobe Energy Corporation (NASDAQ:TGA) has declined 9.73% since May 18, 2017 and is downtrending. It has underperformed by 21.28% the S&P500.

More news for TransGlobe Energy Corporation (NASDAQ:TGA) were recently published by: Seekingalpha.com, which released: “Transglobe Energy: Long Thesis Improves Significantly” on April 27, 2018. Nasdaq.com‘s article titled: “TransGlobe Energy Corporation Announces Release Date of First Quarter 2018 Results and Conference Call” and published on May 03, 2018 is yet another important article.

Among 3 analysts covering Transglobe Energy (NASDAQ:TGA), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Transglobe Energy had 3 analyst reports since January 14, 2016 according to SRatingsIntel. IBC downgraded TransGlobe Energy Corporation (NASDAQ:TGA) on Thursday, January 14 to “Sector Underperform” rating. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, May 17. The rating was downgraded by Raymond James on Monday, February 13 to “Mkt Perform”.

TransGlobe Energy Corporation, together with its subsidiaries, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in Egypt and Canada. The company has market cap of $150.19 million. It holds working interests in West Gharib, West Bakr, North West Gharib, South Alamein, South Ghazalat, and North West Sitra production sharing concessions. It currently has negative earnings.

Nokomis Capital L.L.C. holds 4.56% of its portfolio in KEMET Corporation for 1.34 million shares. Portolan Capital Management Llc owns 528,626 shares or 0.87% of their US portfolio. Moreover, Qcm Cayman Ltd. has 0.85% invested in the company for 13,670 shares. The Nevada-based Navellier & Associates Inc has invested 0.37% in the stock. Globeflex Capital L P, a California-based fund reported 54,382 shares.

The stock decreased 2.65% or $0.495 during the last trading session, reaching $18.155. About 554,231 shares traded. KEMET Corporation (KEM) has risen 52.43% since May 18, 2017 and is uptrending. It has outperformed by 40.88% the S&P500.

Since January 1, 0001, it had 0 buys, and 7 insider sales for $3.06 million activity.

KEMET Corporation, together with its subsidiaries, makes and sells passive electronic components under the KEMET brand worldwide. The company has market cap of $1.03 billion. The firm operates through two divisions, Solid Capacitors, and Film and Electrolytic. It has a 3.83 P/E ratio. The Company’s products include tantalum, multilayer ceramic, film, electrolytic, paper, and solid aluminum capacitors, as well as EMI filters.

Another recent and important KEMET Corporation (NYSE:KEM) news was published by Globenewswire.com which published an article titled: “KEMET Reports Preliminary Fiscal Year and Fourth Quarter 2018 Results” on May 17, 2018.

KEMET Corporation (NYSE:KEM) Institutional Positions Chart

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