AMCOL International (NYSE:ACO) Net Down 4% in Fiscal Q1 – ACO, MLM, SLCA, MCP

AMCOL International Corporation’s (NYSE:ACO) energy services unit gains were not strong enough to counterbalance drops in its other units and the corporation announced a 4% profit decline for the fiscal Q4.

AMCOL International also reported that it must restate results for numerous years after finding errors in accounting system.

The minerals producer announced net income of $12.1 million or 37 cents a share in the three months period finished Dec 31, low from $12.6 million or 39 cents a share in the similar quarter of 2011.

The company announced revenue moved up 2% to $239.1 million, from $233.8 million in fiscal Q4 of previous year.
Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Martin Marietta Materials, Inc. (NYSE:MLM) rose +0.12% to settle at $99.35, U.S. Silica Holdings Inc (NYSE:SLCA) moved down -1.45% to end at $19.76 while Molycorp Inc (NYSE:MCP) jumped +13.15% to finish at $8.00 on Friday.

AMCOL International Corporation (NYSE:ACO) last session’s volume of 444,417 million shares was surprisingly higher than its average volume of 103,050 shares. The stock after opening at $33.50 hit high price of $33.54 and then closed at $31.57 by scoring -6.82%.

The liquidity measure in recent quarter results of the company was recorded 3.21 as current ratio and on the other side the debt to equity ratio was 0.55 and long-term debt to equity ratio remained at 0.55. The Company had total cash of $17.70 million at hand and a book value per share as $13.98 in the most recent quarter.

The stock’s price volatility was 3.41% for a week and 2.58% for a month as well as price volatility’s Average True Range for 14 days was 0.96 and its beta remained at 1.59.

ACO generated revenue of $979.96 million in the previous twelve months and earned $67.30 million. The Company showed a positive 6.36% in the net profit margin as well as in its operating margin which remained at 10.21%. Company’s annual sales growth for the past five years was 9.03%.

DO NOT TRADE ANY STOCK WITHOUT LEVEL 2 STOCK QUOTES! delivers it's user with the most in-depth Level 2 Quotation System available on the Planet! NO Downloads, NO Widgets, NO Plugins required! Stay on TOP of your trades with! CLICK HERE TO START YOUR FREE 30-DAY TRIAL

This entry was posted in Capital Goods, Latest Headlines and tagged , , , , , , , , , , , . Bookmark the permalink.