NYSE: Excel Maritime Carriers (EXM) Gaining Since Upgrade

Wall Street analysts, Jefferies Group, upgraded one of the NYSE penny stocks, Excel Maritime Carriers Ltd. (NYSE: EXM) to a “hold” rating. Since then, shares in the penny stock have dropped -12.5%. EXM did gain 2.62% in the last trading session to close at $1.96.

EXM has a market capitalization of  $168.43 Million with 85.93 Milion shares outstanding. Trading ...

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How To Understand Analyst Ratings

As stock market participation has expanded from Wall Street to Main Street, investment information has exploded as well. TV financial news, business magazines, newspapers, Internet Web sites and chat rooms, corporate filings and news releases, stock analyst reports — there is a din of data for investors to sift through today. Unfortunately, quantity is no guarantee of quality: It has never been harder for small investors to assess which ...

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