Oil and Gas Equipment and Services Stocks in Motion - Schlumberger, National Oilwell Varco, Key Energy Services, Dresser-Rand, and RPC Inc.
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LONDON, October 9, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Schlumberger Ltd (NYSE: SLB), National Oilwell Varco Inc. (NYSE: NOV), Key Energy Services Inc. (NYSE: KEG), Dresser-Rand Group Inc. (NYSE: DRC), and RPC Inc. (NYSE: RES). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, October 08, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 16,994.22, up 1.64% and the NASDAQ Composite closed at 4,468.59, up 1.90%. The S&P 500 finished the session 1.75% higher at 1,968.89. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 644.91, up 1.01%, whereas the index has declined 11.06% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Schlumberger Ltd's stock edged 0.21% higher, to close the day at $98.44. The stock recorded a trading volume of 10.52 million shares, much above its three months average volume of 5.97 million shares. The company's shares oscillated between $95.75 and $98.53 during the session. Over the last one month and over the past three months, Schlumberger Ltd's shares have lost 5.79% and 15.68%, respectively. However, the stock has gained 9.24% since the start of this year. The company's shares are trading below its 50-day and 200-day moving averages. Schlumberger Ltd's 50-day moving average of $105.72 is above its 200-day moving average of $100.51. Additionally, the stock traded at a PE ratio of 18.90 and has a Relative Strength Index (RSI) of 33.62. Sign up and read the free notes on SLB at:
www.Investor-Edge.com/SLB-09Oct2014
On Wednesday, shares in National Oilwell Varco Inc. recorded a trading volume of 6.26 million shares, higher than its three months average volume of 3.29 million shares. The stock ended the day at $73.93, which was 0.33% above its previous day's closing of $73.69, and registered an intraday range of $71.25 and $73.97. Shares of the company traded at a PE ratio of 12.84. Although National Oilwell Varco Inc. stock has advanced 3.15% on YTD basis, it has lost 10.53% in the last one month and 11.08% in the previous three months. The stock is trading below its 50-day and 200-day moving averages of $81.20 and $75.15, respectively. Furthermore, shares of National Oilwell Varco Inc. have an RSI of 23.76. The complimentary notes on NOV can be downloaded as in PDF format at:
www.Investor-Edge.com/NOV-09Oct2014
Key Energy Services Inc.'s stock fell 1.32% to end Wednesday's session at $4.49. The stock recorded a trading volume of 3.97 million shares, above its three months average volume of 2.47 million shares. The company's shares fluctuated between $4.13 and $4.53 during the session. Key Energy Services Inc.'s shares have declined 43.16% since the beginning of 2014. Further, the stock has lost 5.07% over the previous three trading sessions and 20.81% in the last one month. The stock is trading below its 50-day and 200-day moving averages. Key Energy Services Inc.'s 200-day moving average of $7.74 is above its 50-day moving average of $5.73. Additionally, the stock has an RSI of 12.99. Register for free on Investor-Edge and access the latest research on KEG at:
www.Investor-Edge.com/KEG-09Oct2014
On Wednesday, shares in Dresser-Rand Group Inc. fluctuated between $82.00 and $82.23 before ending the session 0.23% higher at $82.22. The stock reported a trading volume of 1.17 million shares, lower than its three months average volume of 2.33 million shares. Shares of the company traded at a PE ratio of 34.17. Dresser-Rand Group Inc.'s shares have gained 21.52% in the last one month, 32.21% in the previous three months, and 37.88% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $70.21 and $62.21, respectively. Moreover, shares of Dresser-Rand Group Inc. have an RSI of 81.59. The complete research on DRC is available for free at:
www.Investor-Edge.com/DRC-09Oct2014
RPC Inc.'s stock finished Wednesday's session 2.05% lower at $19.59. A total of 1.79 million shares were traded, which was above its three months average volume of 0.76 million shares. The stock vacillated between $18.63 and $19.92 during the session. Over the last one month and over the previous three months, RPC Inc.'s shares have fallen by 8.03% and 14.12%, respectively. However, from the beginning of 2014, the stock has advanced 9.75%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $21.86 is greater than its 200-day moving average of $20.87. RPC Inc.'s stock traded at a PE ratio of 21.16 and has an RSI of 36.06. Free in depth research on RES is available at:
www.Investor-Edge.com/RES-09Oct2014
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