Stocks Review on Top Gainers -- Research on Genco Shipping & Trading, Exact Sciences, Baltic Trading, and Eagle Bulk Shipping
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LONDON, April 7, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Friday, April 4, 2014, with the NASDAQ Composite closing at 4,127.73, down 2.60%, the Dow Jones Industrial Average ending the session at 16,412.71, down 0.96%, and the S&P 500 declining 1.25% to finish the trading session at 1,865.09. The session witnessed selling pressure in the Information Technology, Consumer Discretionary, Health Care, and Materials sectors that negatively impacted the broader market. A number of stocks saw large movements, including Genco Shipping & Trading Ltd (NYSE: GNK), Exact Sciences Corp. (NASDAQ: EXAS), Baltic Trading Ltd (NYSE: BALT) and Eagle Bulk Shipping Inc. (NASDAQ: EGLE). Free technical research on GNK, EXAS, BALT and EGLE can be downloaded upon signing up at:
http://www.investor-edge.com/844-register
On Friday, shares in Genco Shipping & Trading Ltd ended the session at $1.94, up 26.80%. A total of 36.79 million shares were traded as compared with its three months average volume of 2.62 million shares. During the session, the stock traded between $1.50 and $2.91. Genco Shipping & Trading Ltd's shares have surged 20.50% in the previous three trading sessions and 16.17% in the last one month, while the same has declined 22.40% on YTD basis. The S&P 500 Industrials Sector Index mapped a loss of 1.12% during the trading session, while the same has charted up 1.15% in the previous three months. Further, the company's stock has a Relative Strength Index (RSI) of 60.04 and is trading above its 50-day moving averages of $1.71. Sign up today to read free research on GNK at:
http://www.investor-edge.com/844-GNK-07Apr2014.pdf
Exact Sciences Corp.'s stock closed Friday's session at $13.66, which is 5.73% higher than the previous day's closing price of $12.92. The stock oscillated between $13.10 and $14.11 during the trading session with a trading volume of 9.28 million shares, which is above its three months average volume of 1.73 million shares. Shares in Exact Sciences Corp. have fallen by 3.53% in the previous three trading sessions, but the same have gained 6.22% in the last three months and 16.26% on YTD basis. The S&P 500 Health Care Sector Index mapped a loss of 1.54% during the trading session and charted up 4.29% in the previous three months. Moreover, the company's stock has an RSI of 49.66 and is trading above its 50-day and 200-day moving average of $13.44 and $12.63, respectively. On the same day, Exact Sciences Corp. announced the pricing of an underwritten public offering of 10 million shares of its common stock at a price of $12.75 per share to the public. Sign up today to read free research on EXAS at:
http://www.investor-edge.com/844-EXAS-07Apr2014.pdf
On Friday, Baltic Trading Ltd's stock surged 6.39%, finishing at $6.49. The stock fluctuated between $6.16 and $7.09 during the session with a trading volume of 5.34 million shares as compared with its three months average volume of 0.92 million shares. Shares in Baltic Trading Ltd have gained 1.41% in the previous three trading sessions and 0.78% on YTD basis, while the same have declined 14.61% in the last one month. The S&P 500 Industrials Sector Index mapped a loss of 1.12% during the trading session and 0.61% in the last one month. Furthermore, the company's stock has an RSI of 50.52 and is trading above its 50-day and 200-day moving averages of $6.38 and $5.23, respectively. Sign up today to read free research on BALT at:
http://www.investor-edge.com/844-BALT-07Apr2014.pdf
Shares in Eagle Bulk Shipping Inc. finished Friday's session at $4.52, up 13.00%. A total of 2.35 million shares were traded, which is above its three months average volume of 0.80 million shares. The stock vacillated between $3.98 and $4.67 during the session. Eagle Bulk Shipping Inc.'s shares have advanced 13.00% in the previous three trading sessions, while the stock has fallen by 13.08% in the last one month and 1.53% on YTD basis. The S&P 500 Industrials Sector Index mapped a gain of 1.15% in the previous three months, while the S&P 500 has charted up 1.48% during the same period. Additionally, the company's stock has an RSI of 56.72 and is trading above its 50-day and 200-day moving averages of $4.18 and $4.44, respectively. Sign up today to read free research on EGLE at:
http://www.investor-edge.com/844-EGLE-07Apr2014.pdf
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