Thursday, May 31, 2012

Top Stocks To Buy For 2012-1-31-4

MI Developments Inc. (USA) (NYSE:MIM) achieved its new 52 week high price of $32.99 where it was opened at $32.89 up 0.57 points or +1.76% by closing at $32.92. MIM transacted shares during the day were over 179,016 shares however it has an average volume of 292,243 shares.

MIM has a market capitalization $1.54 billion and an enterprise value at $1.72 billion. Trailing twelve months price to sales ratio of the stock was 4.19 while price to book ratio in most recent quarter was 1.57. In profitability ratios, net profit margin in past twelve months appeared at 10.39% whereas operating profit margin for the same period at 12.73%.

The company made a return on asset of 1.69% in past twelve months and return on equity of -5.27% for similar period. In the period of trailing 12 months it generated revenue amounted to $361.88 million gaining $7.73 revenue per share. Its year over year, quarterly growth of revenue was 9.60% holding 253.10% quarterly earnings growth.

According to preceding quarter balance sheet results, the company had $90.74 million cash in hand making cash per share at 1.94. The total of $298.72 million debt was there putting a total debt to equity ratio 30.97. Moreover its current ratio according to same quarter results was 1.25 and book value per share was 20.59.

Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 3.38% where the stock current price exhibited up beat from its 50 day moving average price of $29.12 and remained above from its 200 Day Moving Average price of $29.27.

MIM holds 46.85 million outstanding shares with 40.12 million floating shares where insider possessed 50.58% and institutions kept 33.00%.

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