Saturday, November 1, 2014

Montana Company Stock Market Prices Up 378% Since March 6, 2009, a Nice Uptick From Only a Week Ago.....Montana State Unemployment Rate Drops to Only 4.6% in September 2014

Since there is an important upcoming Montana US Senate Race, I think it would be helpful to update how Montana Companies have done on the stock market price front since March 6, 2009, which was the very bottom point of the US Stock Market due to the spillover effects resulting from the disastrous 2008 financial meltdown.

During this five years and eight months period of time from March 6, 2009 through October 31, 2014, both Montana Senators were Democrats.

I found 3 Montana Headquartered Companies in Yahoo's or Google's superb Finance websites or from SEC filings with current Total Stock Market Capitalizations of more than $100 mil each and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's 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 October 31, 2014.
The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 3 Montana Companies had their average equal-company-weighted stock market prices decline by a huge 52% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first 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 eight months since March 6, 2009 through October 31, 2014, the average stock market prices of these same 3 Montana Companies have increased by an impressive 378%.

This 378% increase is a very nice step up in percentage increase from that of just one week ago, where the average increase was a much lower 364% from March 6, 2009 to October 24, 2014. 
   
Also, in the six years and ten months from December 31, 2007 before the 2008 financial meltdown to the most recent date October 31, 2014, the equally-company-weighted average stock market prices of these same 3 Montana Companies have increased by an exceptional 116%...... yeah, these Montana Companies have not just recouped the massive amount they lost with the disastrous 2008 financial meltdown, but also added another 116%.
     
Below here are the stock market prices of each of these 3 Montana Companies on October 31, 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
Montana Company HQs
10-31-14 3-6-09 12-31-07 10-31-14 3-6-09 10-31-14



$s $s $s











Eagle Bancorp Helena MT      35.93        4.91      10.00 632% -51% 259%
Stillwater Mining Billings MT      13.13        2.81        9.66 367% -71% 36%
Glacier Bancorp Kalispell MT      28.69      12.21      18.74 135% -35% 53%









Average % Change all 3 Montana Companies



378% -52% 116%