Active Stocks on the Move -- Research on Halcon Resources, Potash Corp. of Saskatchewan, ITT Educational Services, and SouFun Holdings
Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 23, 2014 /PRNewswire/ --
The markets on Thursday, May 22, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,543.08, up 0.06% and the NASDAQ Composite closed at 4,154.34, up 0.55%. The S&P 500 edged 0.24% higher to finish the day at 1,892.49. The gains were broad based as eight out of ten sectors edged higher. During the session, gains in the Utilities, Health Care and Consumer Discretionary sectors positively impacted the broader market, while some retraction came in from Energy and Consumer Staples sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Halcon Resources Corp. (NYSE: HK), Potash Corp. of Saskatchewan Inc. (NYSE: POT), ITT Educational Services Inc. (NYSE: ESI) and SouFun Holdings Ltd (NYSE: SFUN). Free technical research on HK, POT, ESI and SFUN can be downloaded upon signing up at:
http://www.investor-edge.com/2941-register
Shares in Halcon Resources Corp. traded between $5.65 and $5.76 before ending the day 0.18% lower at $5.67. The company's stock reported a trading volume of 4.75 million shares on Thursday, which was below its three months average volume of 6.38 million shares. Halcon Resources Corp.'s stock has surged 8.83% in the last one month, 50.80% in the previous three months and 46.89% on YTD basis. The S&P 500 Energy Sector Index surged 9.20% in the last three months, while the S&P 500 advanced 3.06% during the same period. The stock is trading above its 50-day and 200-day moving averages. Further, Halcon Resources Corp.'s 50-day moving average of $4.85 is greater than its 200-day moving average of $4.47. Additionally, the company's stock has a Relative Strength Index (RSI) of 58.37. Sign up today to read free research on HK at:
http://www.investor-edge.com/2941-HK-23May2014.pdf
On Thursday, Potash Corp. of Saskatchewan Inc.'s stock declined 2.02%, closing the day at $36.30. The stock recorded a trading volume of 5.06 million shares, above its three months average volume of 4.80 million shares. The stock oscillated between $36.27 and $37.12 during the trading session. Potash Corp. of Saskatchewan Inc.'s shares has advanced 1.97% in the last one month and 8.91% in the previous three months. Additionally, the stock has gained 10.13% since the start of this year. Shares of the company traded at a PE ratio of 19.40. The S&P 500 Materials Sector Index gained 3.99% in the previous three months, while the S&P 500 advanced 3.06% during the same period. Potash Corp. of Saskatchewan Inc.'s stock is trading above its 50-day and 200-day moving averages of $35.34 and $32.88, respectively. Moreover, shares of the company have an RSI of 63.73. Sign up today to read free research on POT at:
http://www.investor-edge.com/2941-POT-23May2014.pdf
On Thursday, shares in ITT Educational Services Inc. recorded a trading volume of 5.66 million shares, which was above its three months average volume of 0.44 million shares. The stock ended the day at $20.50, which was 20.54% below its previous day's closing, and registered an intraday range of $17.54 and $23.75. ITT Educational Services Inc.'s shares have plummeted 20.54% in the previous three trading sessions, 26.97% in the last one month and 38.95% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $27.22 and $32.07, respectively. Furthermore, shares of the company traded at a PE ratio of 4.49 and have an RSI of 46.18. On May 22, 2014, ITT Educational Services Inc. in its preliminary first-quarter 2014 results announced that new student enrolment in the first quarter of 2014 has decreased 3.8% to 16,746 students. Sign up today to read free research on ESI at:
http://www.investor-edge.com/2941-ESI-23May2014.pdf
SouFun Holdings Ltd's stock finished Thursday's session 4.01% higher at $11.66. A total of 6.05 million shares were traded, which was much below its three months average volume of 8.13 million shares. The stock moved between $11.30 and $11.95 during the session. Although SouFun Holdings Ltd's shares have surged 5.05% in the previous three trading sessions, it has plummeted 20.03% in the last one month and 29.26% since beginning of this year. The S&P 500 Information Technology Sector Index gained 2.41% in the previous three months, while the S&P 500 Index advanced 3.06% during the same period. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $13.37 is greater than its 200-day moving average of $12.99. Further, SouFun Holdings Ltd's stock traded at a PE ratio of 15.74 and has an RSI of 40.38. Sign up today to read free research on SFUN at:
http://www.investor-edge.com/2941-SFUN-23May2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article