Market Indicators for Today: Baker Hughes, Cameron Intl., Precision Drilling, and Oil States Intl.
LONDON, December 6, 2013 /PRNewswire/ --
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On Thursday, December 05, 2013, the U.S. equity market edged lower. The S&P 500 ended the day at 1,785.03, down 0.43%; the Dow Jones Industrial Average closing at 15,821.51, down 0.43%; and the NASDAQ Composite finishing at 4,033.17, down 0.12%. The S&P 500 Energy Sector Index closed the session at 629.61, down 0.43% and the S&P 500 Oil & Gas Equipment & Services Sub Industry Index fell 0.28% to finish at 631.84. The Oil & Gas Equipment & Services Sub Industry Index has gained 2.75% the previous three months, compared to a gain of 7.85% in the S&P 500 during the same period. The major movers in the industry included Baker Hughes Inc. (NYSE: BHI), Cameron International Corporation (NYSE: CAM), Precision Drilling Corporation (NYSE: PDS), and Oil States International Inc. (NYSE: OIS). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on BHI, CAM, PDS, and OIS now at:
http://www.aaaresearchreports.com/register/
On Thursday, Baker Hughes Inc.'s stock ended the day at $54.00, down 1.28% from the previous day's closing price of $54.70. The company's shares fluctuated between $53.63 and $54.51 during the trading session. A total of 6.43 million shares were traded, which is above the daily average volume of 4.02 million. Despite Thursday's pullback, the company's shares have gained 11.50% in the previous three months, outperforming the S&P 500, which has gained 7.85%, during the same period. Moreover, Baker Hughes Inc.'s stock is trading above its 200-day moving average of $48.67. Download free research on BHI today by registering at:
http://www.AAAResearchReports.com/BHI120613.pdf
Cameron International Corp.'s stock advanced on Thursday, even as the broader market edged lower. The company's shares finished the day 1.25% higher at $56.07, after oscillating between $54.90 and $56.41. A total of 3.54 million shares were traded, which is above the daily average volume of 3.51 million. The company's shares have gained 1.47% in the previous three trading sessions and 3.87% in the last one month, outperforming the S&P 500, which has lost 0.88% and has gained 1.25%, during the respective periods. However, Cameron International Corp.'s stock is trading below its 50-day and 200-day moving averages of $57.76 and $60.58, respectively. Sign up and have access to our free report on CAM at:
http://www.AAAResearchReports.com/CAM120613.pdf
On Thursday, shares in Precision Drilling Corp. plummeted, as the broader market ended on a lower note. The company's shares traded between $8.61 and $9.02 before closing the day 9.04% lower at $8.75. A total of 5.96 million shares were traded, which is above the daily average volume of 0.80 million. The company's shares have fallen by 5.51% in the previous three trading sessions, compared to a loss of 0.88% in the S&P 500 during the same period. Furthermore, Precision Drilling Corp.'s stock is trading below its 50-day and 200-day moving averages of $10.09 and $9.31, respectively. Sign up and read the complimentary report on PDS at:
http://www.AAAResearchReports.com/PDS120613.pdf
Shares in Oil States International Inc. vacillated between $102.49 and $104.38 before closing Thursday's session 0.53% higher at $103.71. A total of 0.49 million shares were traded, which is below the daily average volume of 0.64 million. The company's shares have gained 1.53% in the previous three trading sessions and 10.75% in the last three months, outperforming the S&P 500, which has lost 0.88% and has gained 7.85%, during the respective periods. Additionally, Oil States International Inc.'s stock is trading above its 200-day moving average of $93.82. The free report on OIS can be downloaded by signing up now at:
http://www.AAAResearchReports.com/OIS120613.pdf
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SOURCE AAA Research Reports
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