Market Signal - Stocks Hitting New High -- Research on Humana, Ball Corp., Air Lease, and Callon Petroleum
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LONDON, May 12, 2014 /PRNewswire/ --
The markets on Friday, May 09, 2014 ended on a higher note as the Dow Jones Industrial Average finished the day at 16,583.34, up 0.20%, and the NASDAQ Composite closed at 4,071.87, up 0.50%. The S&P 500 finished the session 0.15% higher at 1,878.48. The gains were broad based as six out of ten sectors finished positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Humana Inc. (NYSE: HUM), Ball Corporation (NYSE: BLL), Air Lease Corporation (NYSE: AL) and Callon Petroleum Company (NYSE: CPE). Free technical research on HUM, BLL, AL and CPE can be downloaded upon signing up at:
http://www.investor-edge.com/2396-register
Shares in Humana Inc. advanced 2.84% on Friday, finishing the day at $120.04, hitting a new 52-week high of $120.09. The stock recorded a trading volume of 1.29 million shares, below its three months average volume of 1.75 million shares. The stock fluctuated between $116.31 and $120.09 during the trading session. Over the last one month and previous three months, Humana Inc.'s shares have surged 10.98% and 23.41%, respectively. Additionally, the stock has advanced 16.30% since the start of this year. The S&P 500 Health Care Sector Index mapped a gain of 0.58% during the session, and the index has advanced 3.66% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Additionally, Humana Inc.'s 50-day moving average of $111.59 is above its 200-day moving average of $100.65. Additionally, the stock has a Relative Strength Index (RSI) of 68.85. Sign up today to read free research on HUM at:
http://www.investor-edge.com/2396-HUM-12May2014.pdf
On Friday, Ball Corp.'s stock oscillated between $57.86 and $58.67, hitting a new 52-week high of $58.67. The company closed the day 0.89% higher at $58.64. The company's stock reported a trading volume of 1.14 million shares, close to its three months average volume of 1.03 million shares. Shares of the company traded at a PE ratio of 16.48. Ball Corp.'s shares have surged 8.71% each in the last one month and in the previous three months. The S&P 500 Materials Sector Index registered a loss of 0.01% during the session, while the index has gained 5.22% in the previous three months. Ball Corp.'s stock is trading above its 50-day and 200-day moving averages of $55.30 and $50.21, respectively. Further, shares of the company have a RSI of 70.15. Sign up today to read free research on BLL at:
http://www.investor-edge.com/2396-BLL-12May2014.pdf
Shares in Air Lease Corp. ended the day at $38.74, up 4.08%, hitting a new 52-week high of $40.36. A total of 1.54 million shares were traded, which was above its three months average volume of 0.77 million shares. The stock moved between $38.11 and $40.36 during the session. Over the last one month and the previous three months, Air Lease Corp.'s shares have surged 7.61% and 20.42%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 24.65%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $36.76 is greater than its 200-day moving average of $31.62. Air Lease Corp.'s stock traded at a PE ratio of 19.47 and has an RSI of 65.77. On May 08, 2014, Air Lease Corp. announced its Q1 FY 2014 financial results (period ended March 31, 2014). For Q1 FY 2014, the company reported net income of $61.4 million, or $0.57 per diluted share. Sign up today to read free research on AL at:
http://www.investor-edge.com/2396-AL-12May2014.pdf
On Friday, Callon Petroleum Co.'s stock edged 6.40% higher, finishing the day at $9.47, after hitting a new 52-week high of $9.98. The stock recorded a trading volume of 1.44 million shares, above its three month average volume of 0.61 million shares. Shares of the company traded at a PE ratio of 88.45. Callon Petroleum Co.'s shares have surged 8.23% in the last one month, 44.80% in the previous three months and 45.02% on YTD basis. Callon Petroleum Co.'s stock is trading above its 50-day and 200-day moving averages of $8.51 and $6.53, respectively. Furthermore, shares of the company have an RSI of 59.50. On May 08, 2014, Callon Petroleum Co. announced its Q1 FY 2014 financial results (period ended March 31, 2014). For Q1 FY 2014, the company reported net income of $1.86 million. Sign up today to read free research on CPE at:
http://www.investor-edge.com/2396-CPE-12May2014.pdf
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