Worth Watching Stocks in the News: Gerdau SA (ADR) (NYSE:GGB), Whiting Petroleum Corp (NYSE:WLL)

On Friday, Shares of Gerdau SA (ADR) (NYSE:GGB), subtract -2.17% and closed at $3.61 in the last trading session. The last trading range of the stock ranges between $3.33 and $3.70. The company’s Market capitalization is $5.44 Billion with the total Outstanding Shares of 1.14 billion. 3Q16 Highlights

Merged EBITDA of R$ 1.2 billion and EBITDA margin of 13.8% in 3Q16, reflecting the Company’s geographic diversification.

Positive free cash flow of R$1.0 billion in 9M16.

Selling, general and administrative expenses reduced 11.5% in the 9M16 from the same period of 2015, reflecting the efforts made by the Company’s administration.

Stability in the Net Debt/EBITDA ratio at 3.6 times in September contrast with June 2016.

Gerdau S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) informs that it is filling recently its 3Q16 results at the Securities and Exchange Commission (SEC) and at the Comissao de Valores Mobiliarios (CVM),

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $0.79and reached to max level of $3.95. The EPS of company is strolling at -0.52.

Shares of Whiting Petroleum Corp (NYSE:WLL), dropped -1.62% and closed at $8.50 in the last trading session. The last trading range of the stock ranges between $8.15 and $8.57. The company’s Market capitalization is $2.38 Billion with the total Outstanding Shares of 284.38 million. Whiting Petroleum Corporation (WLL) recently declared that Michael Stevens, Whiting’s Senior Vice President and CFO, will present at the Bank of America Merrill Lynch Global Energy Conference at the Fontainebleau Hotel in Miami, FL. Mr. Steven’s presentation will begin at 10:30 a.m. Eastern Standard Time on Thursday, November 17, 2016.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $3.35 and reached to max level of $17.84. The EPS of company is strolling at -5.13.

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