Market Movers - Energy Equipment and Services Industry Stocks - Nabors Industries, Diamond Offshore Drilling, Rowan Cos., Newpark Resources, and Helix Energy Solutions
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LONDON, December 16, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Nabors Industries Ltd (NYSE: NBR), Diamond Offshore Drilling Inc. (NYSE: DO), Rowan Companies PLC (NYSE: RDC), Newpark Resources Inc. (NYSE: NR), and Helix Energy Solutions Group Inc. (NYSE: HLX). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, December 15, 2014, the NASDAQ Composite ended at 4,605.16, down 1.04%, the Dow Jones Industrial Average edged 0.58% lower, to finish the day at 17,180.84, and the S&P 500 closed at 1,989.63, down 0.63%. 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 540.03, down 0.71%, with the index also declining 2.81% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Monday, shares in Nabors Industries Ltd recorded a trading volume of 15.80 million shares, higher than its three months average volume of 8.21 million shares. The stock ended the day at $10.28, which was 2.80% above its previous day's closing of $10.00, and registered an intraday range of $9.91 and $10.43. Shares of the company traded at a PE ratio of 7.44. Nabors Industries Ltd's shares have lost 5.25% in the previous three trading sessions, 38.03% in the last one month and 39.49% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $16.42 and $23.42, respectively. Furthermore, shares of Nabors Industries Ltd have a Relative Strength Index (RSI) of 18.66. Sign up and read the free notes on NBR at:
http://get.Investor-Edge.com/pdf/?c=Nabors%20Industries&d=16-Dec-2014&s=NBR
Diamond Offshore Drilling Inc.'s stock surged 5.60%, to close Monday's session at $35.27, after oscillating between $33.91 and $35.60. The stock recorded a trading volume of 1.79 million shares, below its three months average volume of 2.23 million shares. Over the last one month and since the beginning of 2014, Diamond Offshore Drilling Inc.'s shares have declined 1.51% and 33.79%, respectively. However, the stock has surged 7.46% in the previous three trading sessions. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $42.58 is above its 50-day moving average of $35.05. Further, Diamond Offshore Drilling Inc.'s stock traded at a PE ratio of 10.98 and has an RSI of 49.08. The complimentary notes on DO can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Diamond%20Offshore%20Drilling&d=16-Dec-2014&s=DO
Rowan Cos. PLC's stock finished Monday's session 0.55% higher at $20.10. A total of 2.50 million shares were traded, which was close to its three months average volume of 2.53 million shares. The stock moved between $20.04 and $20.53 during the session. Although, Rowan Cos. PLC's shares have advanced 1.46% in the previous three trading sessions, it has lost 15.37% in the last one month and 43.16% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $28.76 is greater than its 50-day moving average of $23.10. Rowan Cos. PLC's stock traded at a PE ratio of 8.61 and has an RSI of 30.92. Register for free on Investor-Edge and access the latest research on RDC at:
http://get.Investor-Edge.com/pdf/?c=Rowan%20Cos.&d=16-Dec-2014&s=RDC
On Monday, shares in Newpark Resources Inc. fluctuated between $8.38 and $8.90 before ending the session 3.00% lower at $8.41. The stock reported a trading volume of 0.63 million shares, below its three months average volume of 0.93 million shares. Shares of the company traded at a PE ratio of 12.15. Newpark Resources Inc.'s shares have declined 5.82% in the previous three trading sessions, 30.15% in the last one month and 31.57% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $10.88 and $11.63, respectively. Moreover, shares of Newpark Resources Inc. have an RSI of 30.81. The complete research on NR is available for free at:
http://get.Investor-Edge.com/pdf/?c=Newpark%20Resources&d=16-Dec-2014&s=NR
Helix Energy Solutions Group Inc.'s stock lost 3.67%, to close the day at $20.21. The stock recorded a trading volume of 1.84 million shares, above its three months average volume of 1.22 million shares. The stock oscillated between $20.18 and $21.18 during the session. Over the last three trading sessions and over the past one month, Helix Energy Solutions Group Inc.'s shares have plummeted 9.66% and 24.90%, respectively. Further, the stock has declined 12.81% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $24.45 is above its 200-day moving average of $24.39. Additionally, Helix Energy Solutions Group Inc.'s shares traded at a PE ratio of 10.06 and have an RSI of 32.68. Free in depth research on HLX is available at:
http://get.Investor-Edge.com/pdf/?c=Helix%20Energy%20Solutions&d=16-Dec-2014&s=HLX
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