Stocks to Watch Out as They Hit New 52-Week Highs -- Research on UnitedHealth Group, Patterson-UTI Energy, NRG Energy and PNC Financial Services
Editor Note: For more information about this release, please scroll to bottom
LONDON, March 20, 2014 /PRNewswire/ --
On Wednesday, March 19, 2014, the NASDAQ Composite finished at 4,307.60, down 0.59% for the day. The Dow Jones Industrial Average closed the session at 16,222.17, down 0.70%, and the S&P 500 ended the day at 1,860.77, lower by 0.61%. The losses were broad based as all the 10 sectors ended the session in negative. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include UnitedHealth Group Inc. (NYSE: UNH), Patterson-UTI Energy Inc. (NASDAQ: PTEN), NRG Energy Inc. (NYSE: NRG) and The PNC Financial Services Group Inc. (NYSE: PNC). Free technical research on UNH, PTEN, NRG and PNC can be downloaded upon signing up at:
http://www.investor-edge.com/359-register
On Wednesday, shares in UnitedHealth Group Inc. edged 2.51% higher to finish the day at $79.96, hitting a new 52-week high of $80.30. The company's shares recorded a trading volume of 8.96 million shares, compared with their 3-month average volume of 4.72 million shares. UnitedHealth Group Inc.'s shares traded at a PE ratio of 14.54 and were up 6.19% on YTD basis. Shares of the company have gained 8.72% in the last one month and 10.46% in the previous three months. The stock is currently trading above its 50-day and 200-day moving averages. The company's 200-day moving average of $71.58 is below its 50-day moving average of $74.21. Moreover, the stock's RSI stood at 62.16. Sign up today to read free research on UNH at:
http://www.investor-edge.com/359-UNH-20Mar2014.pdf
Patterson-UTI Energy Inc.'s stock ended Wednesday's session at $31.04, up 1.16%, hitting a new 52-week high of $31.52. A total of 3.67 million shares were traded, as compared to the 3-months average volume of 3.12 million shares. The stock fluctuated between $30.75 and $31.52 during the session. The company's shares have surged 7.80% in the previous three trading sessions and 23.11% in the last three months. Shares of the company traded at a PE ratio of 21.83 and have gone up 22.57% on YTD basis. The S&P 500 Energy Sector Index mapped a loss of 0.91% during the session while the same has gained 0.43% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Patterson-UTI Energy Inc.'s 200-day moving average of $23.36 is below its 50-day moving average of $27.36. The company's RSI stood at 64.24. Sign up today to read free research on PTEN at:
http://www.investor-edge.com/359-PTEN-20Mar2014.pdf
On Wednesday, shares in NRG Energy Inc. traded in the range of $29.63 and $30.64, hitting a new 52-week high of $30.64. The stock ended the day at $29.79, down 1.23%. A total of 3.57 million shares were traded, which is below the 3-months average volume of 3.58 million. The company's shares have advanced 4.42% in the last one month, 4.82% in the previous three months, and 3.73% on YTD basis. The S&P 500 Utilities Sector Index mapped a loss of 1.47% during the trading session and has gained 0.38% in the last one month. The stock is trading above both its 50-day and 200-day moving averages. NRG Energy Inc.'s 200-day moving average of $27.59 is below the 50-day moving average of $28.31. Shares of the company are trading at RSI of 70.46. Sign up today to read free research on NRG at:
http://www.investor-edge.com/359-NRG-20Mar2014.pdf
The PNC Financial Services Group Inc.'s stock advanced 0.52%, closing Wednesday's session at $85.06, hitting a new 52-week high of $85.80. The stock recorded a trading volume of 3.08 million shares, compared with the 3-month average volume of 2.18 million shares. The company's shares traded at a PE Ratio of 11.51 and were up 9.64% on YTD basis. Shares in The PNC Financial Services Group Inc. have rallied 6.77% in the last one month and 11.92% in the previous three months. The stock has witnessed a gain of 2.66% in the previous three trading sessions. The S&P 500 Financials Sector Index mapped a loss of 0.15% during the session while the same has advanced 3.28% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The PNC Financial Services Group Inc.'s 200-day moving average of $76.06 is below the 50-day moving average of $81.00. Furthermore, shares of the company were trading at the Relative Strength Index (RSI) of 65.10. Sign up today to read free research on PNC at:
http://www.investor-edge.com/359-PNC-20Mar2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article