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Guru Stocks at 52-Week Low: Banco Ita Holding Financeira S.A, MetroPCS Communications Inc, Open Solutions Inc, AmeriVest Properties Inc, The9 Ltd.

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Aug. 30, 2009 | Filed Under: ITU , PCS , OPEN , AMV , NCTY


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guruyt

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According to GuruFocus updates, these Guru stocks have reached their 52-week lows.

Last week's top two out of favor industries were the Oil and Gas Producers and Auto industries. 3 stocks in the Oil and Gas Producers industry have reached their 52-week low, while 2 have reached their 52-week high, giving the industry a low/high ratio of 1.5, In the Automobile industry, 1 stock has reached its 52-week low, while 1 has reached its 52-week high, giving the industry a low/high ratio of 1.

For full details on guru stocks at 52-week lows and more information, click here: [www.gurufocus.com].

Banco Ita Holding Financeira S.A. (ITU) Reached the 52-Week Low of $14.39

The prices of Banco Ita Holding Financeira S.A. (ITU) shares have declined to close to the 52-week low of $14.39, which is 45.9% off the 52-week high of $25.88. Banco Ita Holding Financeira S.A. is owned by 1 Guru we are tracking.

BANCO ITAU -ADR's main goal is to focus on an equilibrium between growth and profitability aimed at always generating value for the stockholder in the long run. Banco Ita Holding Financeira S.a. has a market cap of $48.86 billion; its shares were traded at around $14.39 with a P/E ratio of 10.9. The dividend yield of Banco Ita Holding Financeira S.a. stocks is 0.5%.

Kenneth Fisher owns 229,386 shares as of 06/30/2009, which accounts for 0.01% of the $24.67 billion portfolio of Fisher Asset Management, LLC.

MetroPCS Communications Inc. (PCS) Reached the 52-Week Low of $8.2

The prices of MetroPCS Communications Inc. (PCS) shares have declined to close to the 52-week low of $8.2, which is 57.7% off the 52-week high of $18.75. MetroPCS Communications Inc. is owned by 2 Gurus we are tracking. Among them, 1 has added to their positions during the past quarter. 1 reduced their positions. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. hatickets a market cap of $2.88 billion; its shares were traded at around $8.2 with a P/E ratio of 19.1 and P/S ratio of 1.

“During the quarter we focused on increasing brand awareness and delivering value to our subscribers. With our continued subscriber growth, we are now the fifth largest facilities-based wireless carrier and the largest regional facilities-based wireless carrier in the U.S. On a consolidated basis, we reported the highest Adjusted EBITDA in company history and, across all our markets we saw strong gross additions during the quarter. Although we experienced an increase in churn during the second quarter, this was due in part to our success in delivering increased gross additions over the previous nine months, seasonality and handset upgrades from customers who did not identify themselves as existing customers,” said Roger D. Linquist, Chairman, President and Chief Executive Officer of MetroPCS.

Michael Price bought 35,000 shares in the quarter that ended on 06/30/2009, which is 0.16% of the $285 million portfolio of MFP Investors LLC. Wilbur Ross owns 3,577,873 shares as of 06/30/2009, which accounts for 11.31% of the $420 million portfolio of Invesco Private Capital, Inc..

Sell: Executive VP and CFO J Braxton Ii Carter sold 137,000 shares of PCS stock on 04/02/2009 at the average price of $18.88; the price of the stock has decreased by 56.57% since. Other insiders are also decreasing their positions in the company.

Open Solutions Inc. (OPEN) Reached the 52-Week Low of $28.04

The prices of Open Solutions Inc. (OPEN) shares have declined to close to the 52-week low of $28.04, which is 19.5% off the 52-week high of $33.74. Open Solutions Inc. is owned by 1 Guru we are tracking.

OpenTable is the leading supplier of reservation table management and guest management software for restaurants. In addition the company operates www.opentable.com the world's most popular website for making restaurant reservations online. The company is headquartered in San Francisco California. Open Solutions Inc. has a market cap of $605.8 million; its shares were traded at around $28.04 .

Ron Baron bought 30,000 shares in the quarter that ended on 06/30/2009, which is 0.01% of the $11.99 billion portfolio of Baron Funds.

AmeriVest Properties Inc (AMV) Reached the 52-Week Low of $7.85

The prices of AmeriVest Properties Inc (AMV) shares have declined to close to the 52-week low of $7.85, which is 20.4% off the 52-week high of $9.86. AmeriVest Properties Inc is owned by 1 Guru we are tracking.

Alternative Asset Management Acquisition Corp. is a newly organized blank check company formed for the purpose of acquiring through a merger capital stock exchange asset acquisition stock purchase reorganization or similar business combination one or more businesses or assets in the alternative asset management sector or a related business. Amerivest Properties Inc has a market cap of $406.24 million; its shares were traded at around $7.85 with a P/E ratio of 112.14.

Jean-Marie Eveillard bought 328,600 shares in the quarter that ended on 06/30/2009, which is 0.04% of the $8.91 billion portfolio of Arnhold & S. Bleichroeder Advisers, LLC.

The9 Ltd. (NCTY) Reached the 52-Week Low of $8.205

The prices of The9 Ltd. (NCTY) shares have declined to close to the 52-week low of $8.205, which is 57.7% off the 52-week high of $19.41. The9 Ltd. is owned by 1 Gurus we are tracking. The9 Limited is an online game operator and developer in China. The9 Ltd. has a market cap of $219.9 million; its shares were traded at around $8.205 with a P/E ratio of 4.1 and P/S ratio of 0.9. The dividend yield of The9 Ltd. stocks is 26.4%.

The9 recently reported its second quarter results. Net revenues were up 32% compared to results from the first quarter, but dropped 37% year-over-year to about $US42.2 million. Xiaowei Chen, The9's President, commented, "During this year, we have continued to execute our diversification strategy and actively search for premium quality game titles. Meanwhile, we are making more investments into The9 Development Center to enhance our in-house game development capabilities. In addition, we made equity investments in a number of game studios in the first half of 2009 which further strengthen our proprietary game pipeline. Going forward, the Company will continue to bring the best online games to Chinese and overseas players."

PRIMECAP Management owns 36,000 shares as of 06/30/2009, which accounts for less than 0.01% of the $48.26 billion portfolio of PRIMECAP Management.

Go here for the complete list of 52-week lows.





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