Flextronics Reports Third Quarter Results – (FLEX, PNM, EBR, ENI)

Posted by Anza Noor on January 23, 2012 Leave A Comment

Flextronics International Ltd. NASDAQ:FLEX, recently reported quarterly results for Q3 2011. Company said its net sales for the third quarter ended December 31, 2011 reduced $340 million or 4% to $7.5 billion vs. net sales for the quarter ended December 31, 2010 of $7.8 billion.

The third quarter ended December 31, 2011 djusted operating income decreased $82 million or 35% to $150 million vs. $232 million for the quarter ended December 31, 2010.

Company’s stock price traded within the range of $ 6.52 – $6.84 on Jan 20 EST however company’s 52 week range is $ 5.05 – $ 8.45. Company’s stock price remained unchanged and closed at $6.72, near to lower limit of 52 week range. Company’s price to earnings ratio is 8.62 with monthly share price volatility of 3.33%.

PNM Resources, Inc. NYSE:PNM, stock price traded within the range of $ 17.5 – $17.71 on Jan 20 EST however company’s 52 week range is $ 12.75 – $19.17. Company’s stock price increased 0.74% and closed at $17.65, near to upper limit of 52 week range. Company’s monthly share price volatility is 1.25%.

 

Centrais Eletricas Brasileiras SA (ADR) NYSE:EBR, stock price traded within the range of $ 9.96 -$10.15 on Jan 20 EST however company’s 52 week range is $ 8.24 -$ 16.29. Company’s stock price surged 0.7% and closed at $10.12, near to lower limit of 52 week range.

 

Enersis S.A. (ADR) NYSE:ENI, stock price traded within the range of $ 17.63 – $18.01 on Jan 20 EST however company’s 52 week range is $ 15.81 – $ 23.48. Company’s stock price reduced 0.89% and closed at $ 17.74, near to the upper limit of 52 week range. Company’s last month share price volatility is 1.98% with beta of 0.6.

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