Stock Upgrades, Downgrades From TheStreet.com Ratings
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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