Oil and Gas Equipment and Services Stocks in Motion -- Basic Energy Services, Oceaneering Intl., CARBO Ceramics, Forum Energy Technologies, and Newpark Resources
LONDON, March 4, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Basic Energy Services Inc. (NYSE: BAS), Oceaneering International Inc. (NYSE: OII), CARBO Ceramics Inc. (NYSE: CRR), Forum Energy Technologies Inc. (NYSE: FET), and Newpark Resources Inc. (NYSE: NR). Free research report on Basic Energy Services can be accessed at http://get.Investor-Edge.com/pdf/?c=Basic%20Energy%20Services&d=04-Mar-2015&s=BAS. On Tuesday, March 03, 2015, the NASDAQ Composite ended at 4,979.90, down 0.56%, the Dow Jones Industrial Average lost 0.47%, to finish the day at 18,203.37, and the S&P 500 closed at 2,107.78, down 0.45%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 574.81, up 0.23%, while the index has declined 0.86% in the previous three trading sessions. Register for your complimentary reports at the links given below.
Basic Energy Services Inc.'s stock advanced 4.51%, to close the day at $7.65. The stock recorded a trading volume of 2.97 million shares, below its three months average volume of 3.58 million shares. The stock oscillated between $7.32 and $7.93 during the session. Over the last one month and over the past three months, Basic Energy Services Inc.'s shares have surged 9.29% and 8.66%, respectively. However, the stock has lost 67.49% in the previous one year. The company is trading above its 50-day moving average of $6.61, while the 50-day moving average is below Basic Energy Services Inc.'s 200-day moving average of $17.03. Additionally, the stock traded at a PE ratio of 17.35 and has a Relative Strength Index (RSI) of 55.69. Sign up and read the free notes on BAS at:
http://get.Investor-Edge.com/pdf/?c=Basic%20Energy%20Services&d=04-Mar-2015&s=BAS
On Tuesday, shares in Oceaneering International Inc. recorded a trading volume of 1.31 million shares, lower than its three months average volume of 1.71 million shares. The stock ended the day at $53.82, which was 0.65% below its previous day's closing of $54.17, and registered an intraday range of $53.73 and $54.60. Shares of the company traded at a PE ratio of 13.42. Oceaneering International Inc.'s shares have lost 0.41% in the previous three trading sessions, 3.22% in the last one month and 23.61% in the past one year. The company is trading below its 50-day and 200-day moving averages of 54.90 and $65.28, respectively. Furthermore, shares of Oceaneering International Inc. have an RSI of 51.16. The complimentary notes on OII can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Oceaneering%20Intl.&d=04-Mar-2015&s=OII
CARBO Ceramics Inc.'s stock edged 0.55% higher, to close Tuesday's session at $36.39, after oscillating between $35.84 and $37.25. The stock recorded a trading volume of 0.39 million shares, below its three months average volume of 1.14 million shares. Over the previous three trading sessions and the last one month, CARBO Ceramics Inc.'s shares have advanced 2.08% and 3.32%, respectively. However, the stock has declined 70.39% in the last one year. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $80.85 is above its 50-day moving average of $36.90. Further, CARBO Ceramics Inc.'s stock traded at a PE ratio of 11.60 and has an RSI of 47.15. Register for free on Investor-Edge and access the latest research on CRR at:
http://get.Investor-Edge.com/pdf/?c=CARBO%20Ceramics&d=04-Mar-2015&s=CRR
Forum Energy Technologies Inc.'s stock finished Tuesday's session 0.10% lower at $19.37. A total of 0.59 million shares were traded, which was below its three months average volume of 1.05 million shares. The stock moved between $19.20 and $19.66 during the session. Forum Energy Technologies Inc.'s shares have declined 0.87% in the previous three trading sessions and 25.21% in the past one year. However, the stock has gained 14.34% in the past one month. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $27.63 is greater than its 50-day moving average of $18.19. Forum Energy Technologies Inc.'s stock traded at a PE ratio of 10.30 and has an RSI of 59.83. The complete research on FET is available for free at:
http://get.Investor-Edge.com/pdf/?c=Forum%20Energy%20Technologies&d=04-Mar-2015&s=FET
On Tuesday, shares in Newpark Resources Inc. fluctuated between $9.33 and $9.77 before ending the session 1.28% higher at $9.51. The stock reported a trading volume of 0.56 million shares, below its three months average volume of 0.87 million shares. Shares of the company traded at a PE ratio of 11.15. Newpark Resources Inc.'s shares have advanced 0.11% in the previous three trading sessions and 1.93% in the last one month. However, the stock has lost 14.94% in the past one year. The company is trading above its 50-day moving average of $9.14. Moreover, shares of Newpark Resources Inc. have an RSI of 52.06. Free in depth research on NR is available at:
http://get.Investor-Edge.com/pdf/?c=Newpark%20Resources&d=04-Mar-2015&s=NR
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