Wednesday, August 13, 2014

New Hampshire Company Stock Market Prices Up 405% Since March 6, 2009

Since the New Hampshire US Senate race is now so close, I think it would be helpful to research how New Hampshire Headquartered Companies have done on the stock market price front during the time Jeanne Shaheen, a Democrat, has been the US Senator from New Hampshire.  Shaheen replaced Republican John Sununu as a US New Hampshire Senator beginning in 2009.

I found 8 Companies Headquartered in New Hampshire in Google or Yahoo's superb Finance websites with current Total Stock Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during the time Republican John Sununu was a New Hampshire US Senator.....before the 2008 financial meltdown
  • On March 6, 2009, very early in Democrat Jeanne Shaheen's New Hampshire US Senate first term, which was the lowest point for the US stock market due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date August 12, 2014
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 8 New Hampshire Companies had their equally-company-weighted average stock market prices decline by a massive 60% from December 31, 2007 during John Sununu's New Hampshire US Senate term, to March 6, 2009, very early in Jeanne Shaheen's New Hampshire US Senate term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the five years and five months since March 6, 2009, all during Jeanne Shaheen's New Hampshire US Senate term, the equally-company-weighted average stock market prices of these same 8 New Hampshire Companies have increased by a spectacular 405% through August 12, 2014.

Thus in the six years and seven months from December 31, 2007 before the 2008 financial meltdown to the most recent date August 12, 2014, the equally-company-weighted average stock market prices of these same 8 New Hampshire Companies have increased by a very impressive 88%...... yeah, they have not just recouped what they lost with the 2008 financial meltdown, but also added another 88%.

Below here are the stock market prices of each of these 8 New Hampshire Companies on August 12, 2014, on March 6, 2009, and on December 31, 2007, along with the related Stock Market Price Percentage Changes:






Market Market Market






Price Price Price






% % %






Change Change Change



Market Market Market 3-6-09 12-31-07 12-31-07



Price Price Price to to to
New Hampshire Company HQs
8-12-14 3-6-09 12-31-07 8-12-14 3-6-09 8-12-14



$s $s $s SHAHEEN










Standex Intl Salem NH      69.94        8.55      17.45 718% -51% 301%
Albany Intl Rochester NH      37.32        5.15      37.10 625% -86% 1%
PC Connection Merrimack NH      21.42        3.07      11.35 598% -73% 89%
Bottomline Technologies Portsmouth NH      27.92        5.07      14.00 451% -64% 99%
Centrix Bank & Trust Bedford NH      40.60        9.20      14.25 341% -35% 185%
White Mountains Insurance Hanover NH     631.84     165.00     514.05 283% -68% 23%
New Hampshire Thrift Bancshares Newport NH      14.75        6.51      12.40 127% -48% 19%
iCAD Nashua NH        8.81        4.45      10.10 98% -56% -13%









Average % Change all 8 New Hampshire Companies



405% -60% 88%

In like manner on the employment front, from the US Bureau of Labor Statistics, New Hampshire's State unemployment rate nearly doubled, going from 3.4% in December 2007 to 6.7% in October 2009, very early in Democratic US New Hampshire Senator Jeanne Shaheen's first term.  But in the four years and eight months since then, all during Jean Shaheen's first term, the New Hampshire State unemployment rate has declined sharply, going from 6.7% in October 2009 to 4.4% in the most recently reported June 2014.

New Hampshire Citizens must be very pleased with both the outstanding performance of all of their New Hampshire Companies as well as the substantial drop in the New Hampshire Unemployment Rate, both during US New Hampshire Senator Jeanne Shaheen's first term.