/PRNewswire/ — Everybody is aware of Bitcoin, watching its value go from $8K to a peak of $50K in just a few months. It just goes to show that buying when… GameStop is saying goodbye to a key player. Vaccine news, potential trial voyages and a better-than-expected earnings call have cruise stocks like RCL, NCLH and CCL gaining this week. Several analysts have recently updated their ratings and price targets for SGS (OTCMKTS: SGSOY): 2/24/2021 – SGS was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $33.00 price target on the stock. According to Zacks, “SGS SA is an inspection, verification, testing and certification […] The Securities and Exchange Commission (SEC) has cautioned the public against investing in Finland-based company operating in Ghana, Wiseling Online Investment Company. SEC says it has not licensed…
NEW YORK, Feb. 24, 2021 /PRNewswire/ — Everybody is aware of Bitcoin, watching its value go from $8K to a peak of $50K in just a few months. It just goes to show that buying when prices are low is the key to any sound investment. The same methodology of investing in stocks or real estate when the market is low now applies to investing in your future travels.
Most business owners have put all travel plans on hold until the uncertainty around the pandemic clears. And why wouldn’t they? Who would invest in travel right now? The smart thing to do is to wait a few months. right?
Right now, booking prices are low, but when travel picks back up, not only will they increase- they will skyrocket.
With Vacayz, businesses can secure the low prices and great discounts offered now to use later when travel resumes.
Vacayz is a fintech startup that created a new financial Travel Options model for future bookings. It works to financially stabilize all parties in travel, even when the market is unpredictable.
With Vacayz, buyers don’t commit to dates in order to book trips- they purchase Travel Options instead. By paying a small deposit out of the total booking cost, buyers secure attractive rates and discounts – without actually booking and committing to dates.
Geektime reviewed this innovative approach, writing, “Vacayz’s disruptive platform essentially allows businesses to not only adjust to the current reality but also prepare for when business travel returns to normal.”
The best part is that when prices do go up, buyers still pay the lower rate agreed upon in the Travel Option.
If plans change – they don’t need to worry, their Travel Option is fully insured and refundable.
“Vacayz is changing the way people travel and think about traveling. Flexibility in the travel industry is key and thus usually equals expensive. The innovative concept of Travel Options will grant agility and considerable financial benefits for all parties involved,” explains Levi Kushnir, the company’s active Chairman, in an article written by Forbes Magazine.
To get started click here, or contact [email protected] for more info.
GameStop CFO resigns just weeks after Reddit, stock mania
GameStop is saying goodbye to a key player.
Jim Bell, executive vice president and chief financial officer, will resign on March 26, the video game retailer announced Tuesday.
“The Company thanks Mr. Bell for his significant contributions and leadership, including his efforts over the past year during the COVID-19 pandemic,” GameStop said in a press release, noting it’s begun looking “for a permanent Chief Financial Officer with the capabilities and qualifications to help accelerate GameStop’s transformation.”
GameStop in Brooklyn. (Spencer Platt/Getty Images)
If Bell’s replacement isn’t found by March 26, Senior Vice President and Chief Accounting Officer Diana Jajeh will serve as interim CFO.
The news comes just weeks after Reddit users helped catapult the company’s stock to new heights to tank hedge funds looking to short sell the company, causing chaos for Wall Street.
Author: Jami Ganz
Cruise Stocks: Why RCL, CCL and NCLH Stock Are Cruising Higher Again
In the midst of their earnings season, cruise stocks have been making a broad rally this week, primarily on hopes of reopening. Shares of Royal Caribbean Cruises (NYSE:RCL), Norwegian Cruise Line Holdings (NYSE:NCLH) and Carnival (NYSE:CCL) were all up in trading today as news around Covid-19 becomes more optimistic.
Pending FDA authorization of a Covid-19 vaccine by Johnson & Johnson (NYSE:JNJ) today has buoyed reopening bulls and associated sectors, and that enthusiasm has understandably carried over into cruise stocks. But these companies have their own catalysts to thank too.
RCL reported better-than-expected earnings on Monday, though it still came in at a loss with a revenue miss. In that earnings call, Royal Caribbean said that bookings for the first half of 2021 was in line with company predictions, and that bookings for the first half of 2022 were in line with pre-pandemic averages. The company also said that it anticipates the U.S. Centers for Disease Control will permit some trial voyages in the coming days.
Given an increase in pricing, these factors bode well for RCL specifically and suggest more positive sentiment for the industry broadly: shares of cruise stocks were up in intraday trading on Monday.
On Tuesday, Carnival announced it would be raising $1 billion from a public offering, which sent CCL stock slightly lower on the day. Tuesday’s announcement came after the company closed a $3.5 billion flotation of unsecured debt last week. That being said, Carnival is considered one of the riskier names in the sector.
Norwegian Cruise Line Holdings is set to announce earnings tomorrow morning; last week, NCLH dipped in trading as investors anticipate a less-than-stellar quarter. Like its peers, NCLH was also up in daily trading on Monday, but didn’t benefit quite as much from the rally as its competitors.
On the date of publication, Vivian Medithi did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Article printed from InvestorPlace Media, https://investorplace.com/2021/02/cruise-stocks-why-rcl-ccl-and-nclh-stock-are-cruising-higher-again/.
©2021 InvestorPlace Media, LLC
Investment Analysts’ Weekly Ratings Updates for SGS (SGSOY)
Several analysts have recently updated their ratings and price targets for SGS (OTCMKTS: SGSOY):
SGSOY traded up $0.07 during trading hours on Wednesday, hitting $29.52. 23,922 shares of the company’s stock were exchanged, compared to its average volume of 31,567. SGS SA has a 12-month low of $19.07 and a 12-month high of $31.30. The firm has a 50 day moving average of $30.46 and a 200 day moving average of $28.13. The firm has a market cap of $22.33 billion, a P/E ratio of 33.17 and a beta of 0.61. The company has a current ratio of 1.45, a quick ratio of 1.34 and a debt-to-equity ratio of 2.80.
SGS SA provides inspection, verification, testing, certification, and quality assurance services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in nine segments: Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services.
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Author: ABMN Staff
SEC warns public against investing in Wiseling Online Investment Company
The Securities and Exchange Commission (SEC) has cautioned the public against investing in Finland-based company operating in Ghana, Wiseling Online Investment Company.
SEC says it has not licensed the company to carry out any Capital Market activity including investing or trading for returns as mandated by Section 3 of the Securities Industry Act, 2016 (Act 929).
Wiseling promises its investors varying daily returns based on how much they invest.
It also claims to offer rewards to investors for any new member they refer to the company.
The company’s many promotional materials say it works with professional traders, financial analysts among others to analyse market flow and make enough money to return to investors as profits.
There is evidence that the company, at least in 2020 held various events to introduce its operations to some interested Ghanaians.
“WISELING ONLINE INVESTMENT COMPANY is therefore not regulated by the SEC. The General Public is advised to be cautious with investing in unlicensed products. The General and investing Public is further advised to consult the SEC through its toll-free line number 0800100065 or main line number 0302768970-2 to confirm the licensing status of any firm offering products or services relating to investments in the Capital Market,” SEC said in a statement.
Wiseling becomes the second company illegally engaged in capital market activities after CHY Mall which SEC has warned the public against.
The post SEC warns public against investing in Wiseling Online Investment Company appeared first on Citinewsroom – Comprehensive News in Ghana.