Oil and Gas Equipment and Services Stocks Coverage -- McDermott Intl., Baker Hughes, Basic Energy Services, US Silica Holdings, and Newpark Resources
LONDON, May 6, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: McDermott International Inc. (NYSE: MDR), Baker Hughes Inc. (NYSE: BHI), Basic Energy Services Inc. (NYSE: BAS), US Silica Holdings Inc. (NYSE: SLCA), and Newpark Resources Inc. (NYSE: NR). Free research report on McDermott Intl. can be accessed at http://get.Investor-Edge.com/pdf/?c=McDermott%20Intl.&d=06-May-2015&s=MDR. The US markets declined on Tuesday, May 05, 2015, as the Dow Jones Industrial Average finished at 17,928.20, down 0.79% and the NASDAQ Composite closed at 4,939.33, down 1.55%. The S&P 500 finished the session 1.18% lower at 2,089.46. During the trading session, all the ten sectors finished on a negative note. The S&P 500 Energy Sector Index ended the day at 596.72, down 1.10%, whereas the index has advanced 1.22% in the previous three months. Register for your complimentary reports at the links given below.
Shares in McDermott International Inc. lost 2.41%, to close the day at $5.26. The stock recorded a trading volume of 3.79 million shares, below its three months average volume of 4.93 million shares. The company's shares oscillated between $5.25 and $5.54 during the session. Over the last one month and over the past three months, McDermott International Inc.'s shares have rallied 25.84% and 100.00%, respectively. Furthermore, the stock has surged 80.76% since the start of this year. The company is trading above its 50-day and 200-day moving averages. McDermott International Inc.'s 200-day moving average of $4.48 is above its 50-day moving average of $4.02. Additionally, the stock has a Relative Strength Index (RSI) of 72.78. Sign up and read the free notes on MDR at:
http://get.Investor-Edge.com/pdf/?c=McDermott%20Intl.&d=06-May-2015&s=MDR
On Tuesday, shares in Baker Hughes Inc. recorded a trading volume of 3.31million shares, lower than its three months average volume of 3.75 million shares. The stock ended the day at $67.66, which was 2.13% below its previous day's closing of $69.13, and registered an intraday range of $67.64 and $70.45. Shares of the company traded at a PE ratio of 20.46. Baker Hughes Inc.'s shares have gained 6.12% in the last one month, 8.64% in the previous three months, and 20.67% on YTD basis. The company is trading above its 50-day and 200-day moving averages of $64.21 and $62.08, respectively. Furthermore, shares of Baker Hughes Inc. have an RSI of 64.79. The complimentary notes on BHI can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Baker%20Hughes&d=06-May-2015&s=BHI
Shares in Basic Energy Services Inc. gained 1.93% to end Tuesday's session at $10.04. The stock recorded a trading volume of 3.41 million shares, marginally above its three months average volume of 3.40 million shares. The company's shares fluctuated between $10.02 and $10.47 during the session. Basic Energy Services Inc.'s shares have surged 43.22% since the beginning of 2015. Furthermore, the stock has rallied 27.90% over the last one month and 43.43% in the previous three months. The company is trading above its 50-day moving average. Energy Services Inc.'s 200-day moving average of $12.78 is above its 50-day moving average of $7.66. Additionally, the stock has an RSI of 65.61. Register for free on Investor-Edge and access the latest research on BAS at:
http://get.Investor-Edge.com/pdf/?c=Basic%20Energy%20Services&d=06-May-2015&s=BAS
On Tuesday, shares in US Silica Holdings Inc. fluctuated between $36.61 and $38.60 before ending the session 2.29% lower at $36.69. The stock reported a trading volume of 1.56 million shares, lower than its three months average volume of 2.30 million shares. Shares of the company traded at a PE ratio of 15.03. US Silica Holdings Inc.'s stock has gained 2.80% in the last one month, 26.17% in the previous three months, and 42.82% on YTD basis. The company is trading above its 50-day moving average of $34.06, which is below the 200-day moving average of $42.34. Moreover, shares of US Silica Holdings Inc. have an RSI of 59.65. The complete research on SLCA is available for free at:
http://get.Investor-Edge.com/pdf/?c=US%20Silica%20Holdings&d=06-May-2015&s=SLCA
Newpark Resources Inc.'s stock finished Tuesday's session 1.00% higher at $10.10. A total of 0.89 million shares were traded, which was above its three months average volume of 0.86 million shares. The stock vacillated between $10.02 and $10.31 during the session. Over the last one month and over the past three months, Newpark Resources Inc.'s shares have gained 8.72% and 5.87%, respectively. Additionally, from the beginning of 2015, the stock has advanced 5.87%. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $10.57 is greater than its 50-day moving average of $9.69. Newpark Resources Inc.'s stock traded at a PE ratio of 13.96 and has an RSI of 49.13. Free in depth research on NR is available at:
http://get.Investor-Edge.com/pdf/?c=Newpark%20Resources&d=06-May-2015&s=NR
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