Stock Upgrades, Downgrades From TheStreet.com Ratings

Stock quotes in this article: ARMHY , THO , HWD , QMAR  

Quintana Maritime(QMAR Quote), together with its subsidiaries, provides dry bulk marine transportation services in Greece and internationally. It has been downgraded to sell from hold. The company's debt-to-equity ratio of 1.48 is relatively high when compared with the industry average, suggesting a need for better debt level management. Still, its quick ratio is somewhat strong at 1.04, demonstrating the ability to handle short-term liquidity needs. Quintana Maritime's return on equity is below that of both the industry average and the S&P 500. The company's stock price has increased by 33.82% over the past year, but despite these nice gains, TheStreet.com Ratings believes that the risks surrounding an investment in its stock outweigh any potential future returns. The company had been rated hold since November 2007, prior to which it had been rated a sell since coverage was initiated in August 2006.

Additional ratings changes are listed below.

Stock Upgrades, Downgrades
Company Name Ticker Change New Rating Former Rating
Harry Winston Diamond HWD Downgrade Hold Buy
ARM Holdings ARMHY Downgrade Hold Buy
Boston Private Financial Holdings BPFH Downgrade Hold Buy
Cascade Financial CASB Downgrade Hold Buy
Datawatch DWCH Upgrade Buy Hold
Falconstor Software FALC Downgrade Hold Buy
Thor Indusries THO Downgrade Hold Buy
Cycle Country Accessories ATC Upgrade Hold Sell
Quintana Maritime QMAR Downgrade Sell Hold
Sport Chalet SPCHA Downgrade Sell Hold
Source: TheStreet.com Ratings
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This article was written by a staff member of TheStreet.com Ratings.

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