Technical Data on Oil and Gas Equipment and Services Stocks -- Research on Baker Hughes, Weatherford Intl., Helix Energy Solutions, and Basic Energy Services

LONDON, June 11, 2014 /PRNewswire/ --

On Tuesday, June 10, 2014, the NASDAQ Composite ended at 4,338.00, up 0.04%, the Dow Jones Industrial Average advanced 0.02%, to finish the day at 16,945.92, and the S&P 500 closed at 1,950.79, down 0.02%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 703.14, down 0.10%, while the index has advanced 9.61% in the previous three months. Investor-Edge has initiated coverage on the following equities: Baker Hughes Inc. (NYSE: BHI), Weatherford International Ltd (NYSE: WFT), Helix Energy Solutions Group Inc. (NYSE: HLX) and Basic Energy Services Inc. (NYSE: BAS). Free technical research on BHI, WFT, HLX and BAS can be downloaded upon signing up at:

http://www.investor-edge.com/3676-register

Baker Hughes Inc.'s stock edged 0.57% lower, to close the day at $71.34. The stock recorded a trading volume of 2.21 million shares, much below its three months average volume of 3.76 million shares. The stock oscillated between $71.26 and $71.82 during the session. Over the last one month and over the past three months, Baker Hughes Inc.'s shares have gained 3.57% and 12.65%, respectively. Additionally, the stock has advanced 29.10% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $68.60 is greater than its 200-day moving average of $58.66. Additionally, the stock traded at a PE ratio of 24.94 and has a Relative Strength Index (RSI) of 65.22. Sign up today to read free research on BHI at:

http://www.investor-edge.com/3676-BHI-11Jun2014.pdf

On Tuesday, shares in Weatherford International Ltd recorded a trading volume of 6.33 million shares, lower than its three months average volume of 8.43 million shares. The stock ended the day at $22.36, which was 1.71% below its previous day's closing of $22.75, and registered an intraday range of $22.28 and $22.69. Shares of the company traded at a PE ratio of 38.55. Weatherford International Ltd's shares have gained 6.02% in the last one month, 30.00% in the past three months and 44.35% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $19.84 and $16.60, respectively. Furthermore, shares of the company have an RSI of 75.68. Sign up today to read free research on WFT at:

http://www.investor-edge.com/3676-WFT-11Jun2014.pdf

Helix Energy Solutions Group Inc.'s stock finished the Tuesday's session 0.63% lower at $25.24. A total of 0.74 million shares were traded, which was close to its three months average volume of 0.85 million shares. The stock moved between $25.06 and $25.29 during the session. Over the last one month and the previous three months, Helix Energy Solutions Group Inc.'s shares have advanced 8.47% and 7.45%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 8.89%. The company's shares are trading above their 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $23.34 is greater than its 50-day moving average of $23.20. Helix Energy Solutions Group Inc.'s stock traded at a PE ratio of 18.03 and has an RSI of 72.75. Sign up today to read free research on HLX at:

http://www.investor-edge.com/3676-HLX-11Jun2014.pdf

On Tuesday, shares in Basic Energy Services Inc. fluctuated between $25.86 and $26.75 before ending the session 6.16% lower at $26.05. Basic Energy Services Inc.'s stock reported a trading volume of 5.05 million shares, much above its three months average volume of 1.01 million shares. Basic Energy Services Inc.'s shares have advanced 2.00% in the last one month, 9.45% in the past three months and 65.08% on YTD basis. The stock is trading above its 200-day moving average of $18.96, while the 200-day moving average is below Basic Energy Services Inc.'s 50-day moving average of $26.58. Moreover, shares of the company have an RSI of 60.49. On June 09, 2014, the Basic Energy Services Inc. announced secondary public offering of 6,000,000 shares on behalf of DLJ Merchant Banking Partners III L.P and related funds. Sign up today to read free research on BAS at:

http://www.investor-edge.com/3676-BAS-11Jun2014.pdf

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EDITOR'S NOTES:
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