Technical Data on Top Gainers -- Research on VIVUS, Magnum Hunter Resources, Xenoport, and Media General
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LONDON, May 29, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Wednesday, May 28, 2014, with the NASDAQ Composite closing at 4,225.08, down 0.28%, the Dow Jones Industrial Average ending the session at 16,633.18, down 0.25% and the S&P 500 edging 0.11% lower to finish the trading session at 1,909.78. During the session, Financials, Information Technology and Health Care sectors ended in negative, while some positive momentum were observed in the Industrials, Utilities and Telecommunication Services sectors. Investor-Edge has initiated coverage on the following equities: VIVUS Inc. (NASDAQ: VVUS), Magnum Hunter Resources Corp. (NYSE: MHR), Xenoport, Inc. (NASDAQ: XNPT) and Media General Inc. (NYSE: MEG). Free technical research on VVUS, MHR, XNPT and MEG can be downloaded upon signing up at:
http://www.investor-edge.com/3151-register
VIVUS Inc.'s stock finished Wednesday's session 5.97% higher at $4.95. A total of 19.58 million shares were traded, which was much above its three months average volume of 3.20 million shares. The stock moved between $4.58 and $5.44 during the session. Over the past three trading sessions, VIVUS Inc.'s shares have gained 7.82%. However, over the last one month and from the year's start the stock has lost 4.46% and 45.50%, respectively. The S&P 500 Health Care Sector Index mapped a loss of 0.28% during the session, while it has advanced 2.31% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $8.31 is greater than its 50-day moving average of $5.30. VIVUS Inc.'s stock has a Relative Strength Index (RSI) of 36.22. Sign up today to read free research on VVUS at:
http://www.investor-edge.com/3151-VVUS-29May2014.pdf
On Wednesday, Magnum Hunter Resources Corp.'s stock fluctuated between $7.60 and $7.95 before ending the session 7.37% higher at $7.87. Magnum Hunter Resources Corp.'s stock reported a trading volume of 7.69 million shares, above its three months average volume of 3.80 million shares. Magnum Hunter Resources Corp.'s shares have advanced 8.55% in the past three trading sessions and 7.66% from the beginning of 2014. However, over the last one month, the company's stock has declined 3.67%. The stock is trading above its 200-day moving average; the 50-day moving average of $8.03 is above its 200-day moving average of $7.18. Moreover, shares of the company have an RSI of 39.87. On the same day, Magnum Hunter Resources Corp. announced that it has entered into a definitive securities purchase agreement with Relational Investors LLC and certain of its affiliates to sell to, in a private offering, an aggregate of 21,428,580 shares of the company's common stock at $7.00 per share, for net proceeds of $150 million. Sign up today to read free research on MHR at:
http://www.investor-edge.com/3151-MHR-29May2014.pdf
Shares in XenoPort Inc. gained 5.94% on Wednesday, closing the day at $4.28. The stock recorded a trading volume of 0.92 million shares, above its three months average volume of 0.45 million shares. The stock oscillated between $4.15 and $4.48 during the session. Over the past three trading sessions and last one month, shares in XenoPort Inc. have surged 15.05% and 5.42%, respectively. However, the stock has gone down by 25.57% since the start of this year. The S&P 500 Health Care Sector Index reported a loss of 0.28% during the trading session while it has advanced 2.31% in the last one month. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $5.29 is above its 50-day moving average of $4.45. Additionally, the stock has an RSI of 52.82. Sign up today to read free research on XNPT at:
http://www.investor-edge.com/3151-XNPT-29May2014.pdf
On Wednesday, Media General Inc.'s stock recorded a trading volume of 1.02 million shares, higher than its three months average volume of 0.37 million shares. The stock ended the day at $18.36, which was 5.52% above its previous day's closing price of $17.40. Further, the company's stock vacillated between $17.86 and $18.51 during the session. Media General Inc.'s shares have rallied 7.94% in the past three trading sessions and 17.99% in the last one month. However, the stock has fallen by 18.76% since the start of this year. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 0.12% during the session, while the index has advanced 3.11% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $16.73 is above its 200-day moving average of $16.37. Furthermore, shares of the company have an RSI of 58.93. Sign up today to read free research on MEG at:
http://www.investor-edge.com/3151-MEG-29May2014.pdf
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