Energy Equipment and Services Technical Review - Transocean, Nabors Industries, Patterson-UTI Energy, FMSA Holdings, and Tidewater
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LONDON, January 29, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Transocean Ltd (NYSE: RIG), Nabors Industries Ltd (NYSE: NBR), Patterson-UTI Energy Inc. (NASDAQ: PTEN), FMSA Holdings Inc. (NYSE: FMSA), and Tidewater Inc. (NYSE: TDW). Free research report on Transocean can be accessed at http://get.Investor-Edge.com/pdf/?c=Transocean&d=29-Jan-2015&s=RIG. On Wednesday, January 28, 2015, the NASDAQ Composite ended at 4,637.99, down 0.93%, the Dow Jones Industrial Average declined 1.13%, to finish the day at 17,191.37, and the S&P 500 closed at 2,002.16, down 1.35%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 552.91, down 3.87%, with the index also declining 2.70% in the previous three trading sessions. Register for your complimentary reports at the links given below.
On Wednesday, shares in Transocean Ltd recorded a trading volume of 13.06 million shares, lower than its three months average volume of 14.72 million shares. The stock ended the day at $16.49, which was 2.89% below its previous day's closing of $16.98, and registered an intraday range of $16.16 and $16.98. Shares of the company traded at a PE ratio of 6.43. Although Transocean Ltd's shares have advanced 5.23% in the previous three trading sessions, it has lost 12.71% in the last one month and 63.33% in the past one year. The company's stock is trading below its 50-day and 200-day moving averages of $19.10 and $33.63, respectively. Furthermore, shares of Transocean Ltd have a Relative Strength Index (RSI) of 47.81. Sign up and read the free notes on RIG at:
http://get.Investor-Edge.com/pdf/?c=Transocean&d=29-Jan-2015&s=RIG
Nabors Industries Ltd's stock plummeted 11.70%, to close Wednesday's session at $10.49, after oscillating between $10.32 and $11.77. The stock recorded a trading volume of 17.47 million shares, above its three months average volume of 10.19 million shares. Over the previous three trading sessions and the last one month, Nabors Industries Ltd's shares have declined 5.67% and 18.17%, respectively. Additionally, the stock has declined 38.76% in the last one year. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $21.69 is above its 50-day moving average of $12.58. Further, Nabors Industries Ltd's stock traded at a PE ratio of 7.60 and has an RSI of 52.59. The complimentary notes on NBR can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Nabors%20Industries&d=29-Jan-2015&s=NBR
Patterson-UTI Energy Inc.'s stock finished Wednesday's session 8.55% lower at $15.78. A total of 10.54 million shares were traded, which was above its three months average volume of 5.44 million shares. The stock moved between $15.32 and $17.24 during the session. Over the previous three trading sessions and the last one month, Patterson-UTI Energy Inc.'s shares have fallen by 0.50% and 4.94%, respectively. Additionally, the stock has declined 37.80% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $28.01 is greater than its 50-day moving average of $16.88. Patterson-UTI Energy Inc.'s stock traded at a PE ratio of 16.55 and has an RSI of 60.67. Register for free on Investor-Edge and access the latest research on PTEN at:
http://get.Investor-Edge.com/pdf/?c=Patterson-UTI%20Energy&d=29-Jan-2015&s=PTEN
On Wednesday, shares in FMSA Holdings Inc. fluctuated between $5.30 and $5.60 before ending the session 4.07% lower at $5.42. The stock reported a trading volume of 0.69 million shares, below its three months average volume of 1.28 million shares. FMSA Holdings Inc.'s shares have declined 3.21% in the previous three trading sessions and 22.35% in the last one month. The company's stock is trading below its 50-day moving average of $8.03. Moreover, shares of FMSA Holdings Inc. have an RSI of 36.92. The complete research on FMSA is available for free at:
http://get.Investor-Edge.com/pdf/?c=FMSA%20Holdings&d=29-Jan-2015&s=FMSA
Tidewater Inc.'s stock declined 6.53%, to close the day at $28.62. The stock recorded a trading volume of 0.79 million shares, below its three months average volume of 1.06 million shares. The stock oscillated between $28.50 and $30.50 during the session. Over the last three trading sessions and over the past one month, Tidewater Inc.'s shares have declined 4.85% and 13.01%, respectively. Further, the stock has plummeted 44.88% in the previous one year. The company's stock is trading below its 50-day and 200-day moving averages. Tidewater Inc.'s 200-day moving average of $43.56 is above its 50-day moving average of $32.30. Additionally, the stock traded at a PE ratio of 7.36 and has an RSI of 47.21. Free in depth research on TDW is available at:
http://get.Investor-Edge.com/pdf/?c=Tidewater&d=29-Jan-2015&s=TDW
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