Weekly 3-Year Low Highlights: KN, MGNX, MIXT, EDMC

Author's Avatar
May 27, 2014

According to GuruFocus list of three-year lows, Knowles Corporation, Macrogenics Inc., MiX Telematics Ltd. and Education Management Corp have all reached their three-year lows.

Knowles Corporation (KN, Financial) Reached the Three-Year Low of $28.68

The prices of Knowles Corporation (KN, Financial) shares have declined to close to the three-year low of $28.68, which is 18.2% off the three-year high of $33.66.

Knowles Corporation has a market cap of $2.44 billion; its shares were traded at around $28.68 with a P/E ratio of 23.10 and P/S ratio of 2.0.

The company reported first quarter 2014 revenue of $273.4 million compared with $276.1 million in the prior year quarter. Net earnings decreased to $7.6 million from $11.9 million a year ago, and EBITDA was $10.8 million compared with $24 million last year.

3 Gurus Initiated Positions: John Keeley (Trades, Portfolio) bought 1,517,802 shares in the quarter that ended on 03/31/2014. Joel Greenblatt (Trades, Portfolio) bought 14,760 shares in the quarter that ended on 03/31/2014. George Soros (Trades, Portfolio) bought 13,537 shares in the quarter that ended on 03/31/2014.

1 Guru Increased Positions: Director Jean Pierre Ergas bought 15,000 shares of KN stock on 05/19/2014 at the average price of $29.99.

Macrogenics Inc. (MGNX, Financial) Reached the Three-Year Low of $18.53

The prices of Macrogenics Inc. (MGNX, Financial) shares have declined to close to the three-year low of $18.53, which is 56.2% off the three-year high of $41.0.

Macrogenics Inc. has a market cap of $511.800 million; its shares were traded at around $18.53 with and P/S ratio of 4.60.

Macrogenics Inc. reported first quarter revenue of $14.7 million compared with $10.6 million in the first quarter of 2013. Net loss was $3.1 million.

MiX Telematics Ltd. (MIXT, Financial) Reached the Three-Year Low of $9.99

The prices of MiX Telematics Ltd. (MIXT, Financial) shares have declined to close to the three-year low of $9.99, which is 51.7% off the three-year high of $20.25.

MiX Telematics Ltd. provides fleet management, driver safety and vehicle tracking services and solutions, using a SaaS delivery model. MiX Telematics Ltd. has a market cap of $308.900 million; its shares were traded at around $9.99 with a P/E ratio of 16.50 and P/S ratio of 5.20. MiX Telematics Ltd. had an annual average earnings growth of 13.90% over the past five years.

The company has released its fiscal third quarter 2014 results ended Dec. 31, 2013. Total revenue was $29.6 million, an increase of 3.8% year-over-year. Gross profit increased to $19.7 million from $17.8 million a year ago.

Education Management Corp (EDMC, Financial) Reached the Three-Year Low of $1.99

The prices of Education Management Corp (EDMC, Financial) shares have declined to close to the three-year low of $1.99, which is 93.6% off the three-year high of $29.90.

Education Management Corp is the provider of post-secondary education in North America, with over 151,200 enrolled students as of October 2011. Education Management Corp has a market cap of $250.700 million; its shares were traded at around $1.99 with and P/S ratio of 0.10.

Education Management Corp. has recently released its fiscal third quarter 2014 results ended March 31, 2014. For this quarter, the company generated net revenues of $595.2 million, a decrease of 6.8% from the prior year quarter. Net loss was $467.6 million.

1 Guru Increased Positions: Joel Greenblatt (Trades, Portfolio) owns 216,253 shares as of 03/31/2014, an increase of 201.85% from the previous quarter. This position accounts for 0.016% of the $6.64 billion portfolio of Gotham Asset Management LLC.

1 Guru Kept Positions in EDMC Unchanged or Slightly Adjusted: John Burbank (Trades, Portfolio) owns 12,797 shares as of 03/31/2014, which accounts for 0.0017% of the $3.62 billion portfolio of Passport Capital.

Go here for the complete list of three-year lows.