Market Momentum on Energy Sector Stocks -- Research on CONSOL Energy, Solazyme, Occidental Petroleum, and InterOil
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LONDON, July 2, 2014 /PRNewswire/ --
On Tuesday, July 1, 2014, the NASDAQ Composite ended at 4,458.65, up 1.14%, the Dow Jones Industrial Average advanced 0.77%, to finish the day at 16,956.07, and the S&P 500 closed at 1,973.32, up 0.67%. The gains were broad based with nine out of ten sectors ending the session in positive. The S&P 500 Energy Sector Index ended the day at 728.34, up 0.10%, with the index gaining 10.96% in the previous three months. Investor-Edge has initiated coverage on the following equities: CONSOL Energy Inc. (NYSE: CNX), Solazyme Inc. (NASDAQ: SZYM), Occidental Petroleum Corp. (NYSE: OXY) and InterOil Corp. (NYSE: IOC). Free technical research on CNX, SZYM, OXY and IOC can be downloaded upon signing up at:
http://www.investor-edge.com/4436-register
On Tuesday, shares in CONSOL Energy Inc. edged 0.35% lower, to close the day at $45.91. The stock recorded a trading volume of 1.10 million shares, much below its three months average volume of 2.38 million shares. The company shares oscillated between $45.80 and $46.61 during the session. Over the last one month and over the past three months, CONSOL Energy Inc.'s shares have advanced 3.94% and 16.38%, respectively. Further, the stock has gained an upside of 20.69% since the start of this year. The company shares are trading above its 50-day and 200-day moving averages. CONSOL Energy Inc.'s 50-day moving average of $44.84 is above its 200-day moving average of $39.45. Additionally, the stock traded at a PE ratio of 54.11 and has a Relative Strength Index (RSI) of 52.38. Sign up today to read free research on CNX at:
http://www.investor-edge.com/4436-CNX-02Jul2014.pdf
On Tuesday, Solazyme Inc.'s stock recorded a trading volume of 0.82 million shares, lower than its three months average volume of 1.20 million shares. The stock ended the day at $11.83, which was 0.42% above its previous day's closing of $11.78, and registered an intraday range of $11.62 and $11.99. Solazyme Inc.'s stock has gained 0.34% in the previous three trading sessions, 18.42% in the last one month, and 8.63% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $10.53 and $10.74, respectively. Furthermore, shares of Solazyme Inc.'s have an RSI of 61.11. Sign up today to read free research on SZYM at:
http://www.investor-edge.com/4436-SZYM-02Jul2014.pdf
Shares in Occidental Petroleum Corp. finished the Tuesday's session 0.17% higher at $102.80. A total of 3.31 million shares were traded, which was below its three months average volume of 3.80 million shares. The stock vacillated between $102.72 and $104.04 during the session. Over the last one month and over the previous three months, Occidental Petroleum Corp.'s shares have advanced 3.12% and 8.32%, respectively. Additionally, from the beginning of 2014, the company's stock has gained 8.10%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $98.88 is greater than its 200-day moving average of $95.37. Shares of Occidental Petroleum Corp. traded at a PE ratio of 14.67 and have an RSI of 57.30. Sign up today to read free research on OXY at:
http://www.investor-edge.com/4436-OXY-02Jul2014.pdf
On Tuesday, InterOil Corp.'s stock fluctuated between $62.84 and $64.40 before ending the session 0.66% lower at $63.52. The stock reported a trading volume of 0.24 million shares, below its three months average volume of 0.33 million shares. Shares of the company traded at a PE ratio of 85.84. InterOil Corp.'s shares have fallen by 3.90% in the last one month, while the stock has gained 1.39% in the previous three trading sessions and 23.36% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $63.40 and $63.39, respectively. Moreover, InterOil Corp.'s stock has an RSI of 48.01. Sign up today to read free research on IOC at:
http://www.investor-edge.com/4436-IOC-02Jul2014.pdf
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