Oil and Gas Equipment and Services Stocks Technical Review - RPC Inc., Dresser-Rand, FMC Technologies, ION Geophysical, and Range Resources
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LONDON, November 14, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: RPC Inc. (NYSE: RES), Dresser-Rand Group Inc. (NYSE: DRC), FMC Technologies Inc. (NYSE: FTI), ION Geophysical Corporation (NYSE: IO), and Range Resources Corporation (NYSE: RRC). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Thursday, November 13, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,652.79, up 0.23% and the NASDAQ Composite closed at 4,680.14, up 0.11%. The S&P 500 finished the session 0.05% higher at 2,039.33. During the trading session, four out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 624.69, down 1.34%, whereas the index has advanced 4.78% in the last one month. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
RPC Inc.'s stock edged 0.76% lower, to close the day at $15.59. The stock recorded a trading volume of 1.86 million shares, above its three months average volume of 1.17 million shares. The company's shares oscillated between $15.20 and $15.83 during the session. Over the last one month and over the past three months, RPC Inc.'s shares have declined 3.17% and 31.23%, respectively. Further, the stock has lost 12.66% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages. RPC Inc. stock's 200-day moving average of $20.64 is above its 50-day moving average of $18.76. Additionally, the stock traded at a PE ratio of 15.82 and has a Relative Strength Index (RSI) of 38.70. Sign up and read the free notes on RES at:
http://www.Investor-Edge.com/RES-14Nov2014
On Thursday, shares in Dresser-Rand Group Inc. recorded a trading volume of 1.24 million shares, lower than its three months average volume of 2.24 million shares. The stock ended the day at $81.48, which was 0.17% below its previous day's closing of $81.62, and registered an intraday range of $81.46 and $81.71. Shares of the company traded at a PE ratio of 36.13. Dresser-Rand Group Inc.'s shares have gained 0.28% in the last one month, 27.27% in the previous three months, and 36.64% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $78.80 and $65.21, respectively. Furthermore, shares of Dresser-Rand Group Inc. have an RSI of 61.67. The complimentary notes on DRC can be downloaded as in PDF format at:
http://www.Investor-Edge.com/DRC-14Nov2014
FMC Technologies Inc.'s stock declined 3.24% to end Thursday's session at $53.98. The stock recorded a trading volume of 4.43 million shares, much above its three months average volume of 2.05 million shares. The company's shares fluctuated between $52.77 and $55.59 during the session. Shares of the company traded at a PE ratio of 19.62. FMC Technologies Inc.'s shares have advanced 3.39% since the beginning of 2014 and 8.66% over the last one month. However, the stock has fallen by 3.37% in the previous three trading sessions and 10.48% over the past three months. The company's stock is trading below its 50-day and 200-day moving averages. FMC Technologies Inc. stock's 200-day moving average of $55.88 is above its 50-day moving average of $54.26. Additionally, the stock has an RSI of 55.39. Register for free on Investor-Edge and access the latest research on FTI at:
http://www.Investor-Edge.com/FTI-14Nov2014
On Thursday, shares in ION Geophysical Corp. fluctuated between $2.54 and $2.74 before ending the session 4.80% lower at $2.58. The stock reported a trading volume of 1.01 million shares, lower than its three months average volume of 1.20 million shares. Shares of the company traded at a PE ratio of 2.89. Although ION Geophysical Corp.'s stock has advanced 8.40% in the last one month, it has declined 5.49% in the previous three trading sessions and 21.82% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $2.81 and $3.69, respectively. Moreover, shares of ION Geophysical Corp. have an RSI of 50.11. The complete research on IO is available for free at:
http://www.Investor-Edge.com/IO-14Nov2014
Range Resources Corp.'s stock finished Thursday's session 2.20% lower at $70.71. A total of 2.29 million shares were traded, which was above its three months average volume of 2.06 million shares. The stock vacillated between $70.11 and $71.92 during the session. Over the last one month, Range Resources Corp.'s shares have gained 14.29%. However, in the previous three trading session and since the beginning of 2014, the stock has fallen by 2.31% and 16.13%, respectively. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $81.10 is greater than its 50-day moving average of $69.09. Range Resources Corp.'s stock traded at a PE ratio of 35.07 and has an RSI of 57.82. Free in depth research on RRC is available at:
http://www.Investor-Edge.com/RRC-14Nov2014
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