LONDON, March 31, 2014 /PRNewswire/ --
On Friday, March 28, 2014, the
NASDAQ Composite finished at 4,155.76, up 0.11%. The Dow Jones
Industrial Average closed the session at 16,323.06, up 0.36% and
the S&P 500 ended the day at 1,857.62, higher by 0.46%. The
gains were broad based with eight out of ten sectors ending the
session in positive. Investor-Edge looks at some of the equities
that hit a new 52-week high during the last session. These include
Baker Hughes Inc. (NYSE: BHI), Encana Corp. (NYSE: ECA), InvenSense
Inc. (NYSE: INVN) and Diamondback Energy Inc. (NASDAQ: FANG). Free
technical research on BHI, ECA, INVN and FANG can be downloaded
upon signing up at:
http://www.investor-edge.com/584-register
On Friday, Baker Hughes Inc.'s stock traded in the range of
$63.63 and $65.50, hitting a new 52-week high of
$65.50. The company's stock reported
a gain of 2.63%, ending the day at $65.27. A total of 4.96 million shares were
traded, which is above a three month average volume of 4.57
million. The company's shares have gained 4.03% in the previous
three trading sessions and 19.87% in the last three months. The
company's stocks traded at a PE ratio of 24.82 and were up 18.11%
on YTD basis. The S&P 500 Energy Sector Index posted gains of
1.78% in the previous three trading sessions and 2.29% in the last
one month. The company's stock is trading above its 50-day and
200-day moving averages. Baker Hughes Inc.'s 50-day moving average
of $60.28 is above the 200-day moving
average of $53.42. Additionally,
shares of the company have a Relative Strength Index (RSI) of
69.26. Sign up today to read free research on BHI at:
http://www.investor-edge.com/584-BHI-31Mar2014.pdf
Encana Corp.'s shares edged 0.85% higher on Friday, finishing the
day at $21.42, after hitting a new
52-week high of $21.50. The stock
recorded a trading volume of 4.64 million shares, compared with a
three month average volume of 5.25 million shares. Encana Corp.'s
shares traded at a PE ratio of 32.45 and were up 18.67% on YTD
basis. Shares of the company have surged 12.86% in the last one
month and 18.74% in the previous three months. The S&P 500
Energy Sector Index mapped a gain of 1.24% during the session and
the same has advanced 2.29% in the last one month. The stock is
trading above its 50-day and 200-day moving averages Encana Corp.'s
50-day moving average of $19.19 is
above the 200-day moving average of $18.12. Furthermore, shares of the company have
an RSI of 74.33. Sign up today to read free research on ECA at:
http://www.investor-edge.com/584-ECA-31Mar2014.pdf
On Friday, InvenSense Inc.'s stock advanced 0.67%, to close the day
at $22.70, hitting a new 52-week high
of $24.34. The stock recorded a
trading volume of 3.06 million shares, compared with a 3-month
average volume of 2.95 million shares. The company's shares traded
at a PE ratio of 59.28 and were up 9.24% on YTD basis. Shares of
InvenSense Inc. have gained 12.66% in the last one month and 13.10%
in the previous three months. The S&P 500 Information
Technology sector Index mapped a gain of 0.47% during the session,
and the same has charted up by 1.03% during the previous three
months. The stock is trading above its 50-day and 200-day moving
averages. InvenSense Inc.'s 50-day moving average of $21.03 is above the 200-day moving average of
$18.25. Additionally, the company's
shares have an RSI of 54.73. Sign up today to read free research on
INVN at:
http://www.investor-edge.com/584-INVN-31Mar2014.pdf
Shares in Diamondback Energy Inc. ended the day at $69.70, up 2.44%, hitting a new 52-week high of
$69.90 on Friday. The stock reported
a trading volume of 1.47 million shares during the trading session,
compared with a 3-month average volume of 0.90 million shares.
Diamondback Energy Inc.'s shares traded at a PE ratio of 52.96 and
were up 31.80% on YTD basis. Shares of the company have surged
8.41% in the previous three trading sessions and 34.22% in the last
three months. The S&P 500 Energy Sector Index mapped a gain of
1.24% during the session, and the same has advanced 0.20% in the
previous three months. The company's stock is trading above its
50-day and 200-day moving averages of $59.29 and $48.14,
respectively. Moreover, the stock has an RSI of 73.03. Sign up
today to read free research on FANG at:
http://www.investor-edge.com/584-FANG-31Mar2014.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