Stocks Highlights: LICO ENERGY METALS COM NPV (WCTXF), 8Point3 Energy Partners LP (CAFD), Sunrun Inc (RUN)

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) reported the plunge of -2.44% and closed at $0.0800, with the total traded volume of 37,703.00 shares. During last trade its minimum price was $0.08 and it gained its highest price of $0.09 and has a total of 106.68 million outstanding shares.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) on September 12, 2017 announced that it is planning to start a Phase 1 diamond drilling on its Teledyne and Glencore Bucke cobalt properties situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario. A minimum 1,500 m diamond drill program is planned to commence approximately on September 21st, 2017, by a reputable diamond drill contractor.

In 1981, Teledyne Canada Ltd. leased the Glencore Bucke Property from Falconbridge Nickel Mines Ltd. as they recognized the exploration potential that the Property had due the possible southern extension of the #3 vein located on the Cobalt Contact Property to the north. In the same year, Teledyne completed 36 diamond drill holes totaling 3,323.3 m, and delineated two zones of mineralization measure approximately 150 m and 70 m in length. The most significant results include 2.12% Co over 1.01 m in diamond drill hole T-18, 0.62% Co over 2.74 m in diamond drill hole T-23, 0.66% Co over 0.73 m, 1.68% Co over 0.46 m in diamond drill hole T-30, and 0.36% Co, 41 oz/t Ag over 0.58 m in diamond drill hole T-37 (Bresee, 1982). The historical reported intersections represent core lengths, and not true widths.

Initially, on the Glencore Bucke Property, the first few holes of the program will be oriented to confirm results from historical drilling completed by Teledyne Canada Ltd., and then followed by step out drill holes to expand the mineralized zones.

8Point3 Energy Partners LP (NASDAQ:CAFD) reported the surge of +0.63%, after closing price for the day was $14.45. Its total trading volume for the day was 63,847.00 shares, versus its average volume of 148,322.00 shares. Its earnings per share are $0.64.

8Point3 Energy Partners LP (NASDAQ:CAFD), together with its subsidiaries, acquires, owns, and operates solar energy generation projects in the United States. As of November 30, 2016, it owned interests in nine utility-scale solar energy projects; and four commercial and industrial solar energy projects, as well as a portfolio of residential distributed generation solar assets with a total capacity of 642 megawatts. 8point3 General Partner, LLC serves as the general partner of the company.

Sunrun Inc (NASDAQ:RUN) showing jumped of +0.44% and closed at $6.86, after gaining total volume of 550,863.00 shares. Its earnings per share (EPS) is $0.79 and has total market capitalization of $728.27 million and a total of 106.16 million outstanding shares.

On August 24, 2017, Sunrun Inc (NASDAQ:RUN) and Comcast (CMCSA) announced an agreement designed to accelerate the adoption of solar energy through the installation of Sunrun’s leading rooftop solar products and provide consumers with savings on their electric bills. Under the 40-month agreement, Sunrun will be the exclusive residential solar energy provider for Comcast Cable, and Comcast Cable will serve as one of Sunrun’s strategic partners through marketing campaigns in selected markets.

According to a 2017 Bloomberg New Energy Finance report, rooftop solar is projected to be one of the fastest growing sectors in the energy industry, nearly tripling in size in the U.S. by 2025.  Year-to-date for 2017, Sunrun has nearly doubled its addressable market and is currently available in 22 states and the District of Columbia, allowing more consumers across the country to save on their electric bills.

Comcast currently offers customers the ability to manage, control and operate a number of key smart home functions, including energy consumption management, with its Xfinity Home service, a next-generation home security and home automation solution.  Working with Sunrun to make smart solar energy and storage solutions available to consumers complements Comcast’s efforts to offer smart home services.

2 Hot Stocks To Watch: SunCoke Energy, Inc. (SXC), 8point3 Energy Partners LP (CAFD)

SunCoke Energy, Inc. (NYSE:SXC) was up 0.55% at $11.01 on Wednesday, in a 52-week range of $5.52 to $13.14 and with a consensus analyst target price of $12.00. As for the mean price target, it implies upside of 9.59% from the $10.95 prior closing price. SunCoke Energy, Inc. has a 710.15M market cap and its past year revenues were 1.22B. Going from the most negative analyst price target to above consensus is one thing. Now SunCoke Energy, Inc.’s current price is $0.99 shy of the official highest sell-side analyst price target on Wall Street.

SunCoke Energy, Inc. (NYSE:SXC) has declined -2.91% since January and is up 3.77% for the past week. The share price of SXC has declined by over -2.57% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how SunCoke Energy, Inc. current price compares to its recent moving averages. SunCoke Energy, Inc. is currently trading 11.06% above its 20-day and 13.37% versus the 200-day simple moving averages while 19.68% compared with its 50-day simple moving average. Additionally, SunCoke Energy, Inc. (SXC) stock price has gone up by 19.80% over the last 20 trading days, and its price is -16.21% below the 52-week high.

For a total return analysis, there is the 9.70% return on equity and the 6.50% return on assets to consider. According to the past 12 months report, the income was almost $19.50M and sales remained $1.22B. Its price to sales ratio of 0.58 ranks lower than the industry’s 1.18. Its price/book multiple of 2.25 compared with the 0.87 while its free cash flow yield of 6.49 should be matched with that of its industry’s 5.97.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.41. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

8point3 Energy Partners LP (NASDAQ:CAFD) shares were last seen up 0.54% at $14.97, which is -4.43% lower than the previous trading session. The 52-week range is $11.51 to $17.34 and the consensus target price is $14.23. The company has a market cap of $1.17B and its 12 month revenue was almost $64.00M. The stock has been upbeat for quite some time as is up 11.72% for the last 20 trading days, and now the firm’s performance is turning out to be bullish with a 0.74% gain for the week. It has fall by over -6.96% in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now 8point3 Energy Partners LP $14.23 target price is just $2.77 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Their price objective ranges between $13.00 and $17.00.

For a profitability analysis, there is the 87.60% gross margin to consider. According to the past 5 years report, Its forward price to earnings ratio of 23.13 ranks lower than the industry’s 9.41. Its quick ratio was 2.30 while current ratio was noted as 2.30 in the most recent quarter.