Morning Analysis on Top Gainers -- Research on Molycorp, Vanda Pharma, Uranium Energy, and Odyssey Marine Exploration
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LONDON, June 5, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Wednesday, June 04, 2014, with the NASDAQ Composite closing at 4,251.64, up 0.41%, the Dow Jones Industrial Average ending the session 0.09% higher at 16,737.53, and the S&P 500 edging 0.19% higher to finish the trading session at 1,927.88. During the session gains in the Consumer Discretionary, Financials and Consumer Staples sectors positively impacted the broader market, while some retraction came in from Telecommunication Services, Energy and Industrials sectors. Investor-Edge has initiated coverage on the following equities: Molycorp Inc. (NYSE: MCP), Vanda Pharmaceuticals Inc. (NASDAQ: VNDA), Uranium Energy Corp. (NYSE MKT: UEC) and Odyssey Marine Exploration Inc. (NASDAQ: OMEX). Free technical research on MCP, VNDA, UEC and OMEX can be downloaded upon signing up at:
http://www.investor-edge.com/3446-register
Shares in Molycorp Inc. finished Wednesday's session 11.60% higher at $2.79. A total of 8.48 million shares were traded, which was above its three months average volume of 5.04 million shares. The stock moved between $2.52 and $2.83 during the session. Although, Molycorp Inc.'s stock has advanced 0.72% in the previous three trading sessions, it has declined 41.39% in the last one month months and 50.36% on YTD basis. The S&P 500 Materials Sector Index mapped a gain of 0.18% during the trading session, and the same charted up 3.35% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $5.16 is greater than its 50-day moving average of $4.10. Molycorp Inc.'s stock has a Relative Strength Index (RSI) of 18.78. Sign up today to read free research on MCP at:
http://www.investor-edge.com/3446-MCP-05Jun2014.pdf
On Wednesday, Vanda Pharmaceuticals Inc.'s stock fluctuated between $11.00 and $12.99 before ending the session 25.35% higher at $12.56. Vanda Pharmaceuticals Inc.'s stock reported a trading volume of 4.82 million shares, much above its three months average volume of 1.10 million shares. Over the last three trading sessions and since start of this year, Vanda Pharmaceuticals Inc.'s shares have gained 22.06% and 1.21%, respectively. However, the company's stock has fallen by 13.44% in the last one month. The S&P 500 Health Care Sector Index registered a gain of 0.23% during the trading session, with the index also advancing 3.81% in the last one month. The stock is trading above its 200-day moving average of $12.16. Moreover, shares of the company have an RSI of 36.52. Sign up today to read free research on VNDA at:
http://www.investor-edge.com/3446-VNDA-05Jun2014.pdf
On Wednesday, Uranium Energy Corp.'s stock rallied 12.18%, closing the day at $1.75. The stock recorded a trading volume of 2.10 million shares, above its three months average volume of 1.91 million shares. The stock oscillated between $1.57 and $1.75 during the trading session. Uranium Energy Corp.'s shares have declined 12.06% in the last three months and 12.50% since beginning of this year. However, the stock has surged 66.67% on the previous one month. The S&P 500 Energy Sector Index reported a loss of 0.14% during the trading session, while the same charted up 8.14% in the last three months. The stock is trading above its 50-day moving average of $1.30, while the 50-day moving average is below Uranium Energy Corp.'s 200-day moving average of $1.77. Additionally, the stock has an RSI of 53.81. Sign up today to read free research on UEC at:
http://www.investor-edge.com/3446-UEC-05Jun2014.pdf
On Wednesday, Odyssey Marine Exploration Inc.'s stock recorded a trading volume of 2.57 million shares, which was above its three months average volume of 0.87 million shares. The stock ended the day at $1.51, which was 19.84% above its previous day's closing, and registered an intraday range of $1.18 and $1.57. Odyssey Marine Exploration Inc.'s share has surged 9.42% in the previous three trading sessions. However, the company's stock has declined 28.44% in the last one month and 25.25% since beginning of this year. The S&P 500 Industrials Sector Index mapped a loss of 0.08% during the trading session, while the index has charted up 3.31% in the last three months. Odyssey Marine Exploration Inc.'s shares are trading below their 50-day and 200-day moving averages of $1.95 and $2.26, respectively. The company's stock has an RSI of 24.42. Sign up today to read free research on OMEX at:
http://www.investor-edge.com/3446-OMEX-05Jun2014.pdf
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