This Morning's Technical Outlook on Oil & Gas Stocks -- Recon Technology, Tesco, C&J Energy Services, and Parker Drilling
NEW YORK, Nov. 30, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on RCON, TESO, CJ, and PKD which is a click away at www.wallstequities.com/registration. On Wednesday, benchmark US indices were mixed as the NASDAQ Composite closed the trading session down 1.27%; the Dow Jones Industrial Average edged 0.44% higher; and the S&P 500 was down 0.04%. US markets saw five out of nine sectors finishing the day in green, three in red, and one in neutral territory. Pre-market today, WallStEquities.com reviews these four Oil & Gas Equipment & Services stocks: Recon Technology Ltd (NASDAQ: RCON), Tesco Corp. (NASDAQ: TESO), C&J Energy Services Inc. (NYSE: CJ), and Parker Drilling Co. Inc. (NYSE: PKD). With Wall St. Equities' free research reports get an edge over stock markets, sign up now at: www.wallstequities.com/registration
Recon Technology
Beijing, China headquartered Recon Technology Ltd's stock finished Wednesday's session flat at $1.30. A total volume of 99,791 shares was traded. The Company's shares have advanced 21.50% over the previous three months. The stock is trading above its 200-day moving average by 6.31%. Furthermore, shares of Recon Technology, which provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in China, have a Relative Strength Index (RSI) of 44.03. Our free and thorough report on RCON awaits you at : www.wallstequities.com/registration/?symbol=RCON
Tesco
Shares in Houston, Texas headquartered Tesco Corp. ended at $3.80, up 1.33% from the last trading session. The stock recorded a trading volume of 318,077 shares. The Company's shares have gained 1.33% in the last one month. The stock is trading below its 50-day moving average by 16.62%. Moreover, shares of Tesco, which engages in the design, assembly, and service delivery of technology-based solutions for the upstream energy industry in the US and internationally, have an RSI of 36.78. TESO complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=TESO
C&J Energy Services
Houston, Texas headquartered C&J Energy Services Inc.'s stock ended yesterday's session 0.42% higher at $30.75 with a total trading volume of 877,633 shares, which was above its three months average volume of 569.73 thousand shares. The Company's shares have advanced 24.49% over the previous three months. The stock is trading above its 50-day moving average by 6.01%. Additionally, shares of the Company, which provides completion and production services for oil and gas industry primarily in North America, have an RSI of 61.55.
On November 14th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. Are you already registered with Wall St. Equities? Do so now for free, and get the report on CJ at: www.wallstequities.com/registration/?symbol=CJ
Parker Drilling
On Wednesday, shares in Houston, Texas headquartered Parker Drilling Co. Inc. recorded a trading volume of 1.53 million shares, which was above their three months average volume of 585.40 thousand shares. The stock finished the day flat at $1.03. The stock is trading below its 50-day moving average by 5.27%. Furthermore, shares of Parker Drilling, which together with its subsidiaries, provides contract drilling and drilling-related services, and rental tools to the energy industry in the US, Russia, Europe, Middle-East, Africa, Asia, Latin America, Canada, and Internationally, have an RSI of 40.21. Aspiring Member, please take a moment to register below for your free research report on PKD at: www.wallstequities.com/registration/?symbol=PKD
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