Active Equities under the Scanner -- Research on DryShips, Walter Energy, Windstream, and Avon Products Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 7, 2014 /PRNewswire/ --
The trading session on Friday, April 4, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,412.71, down 0.96% and the NASDAQ Composite closed at 4,127.73, down 2.60%. The S&P 500 finished the session 1.25% lower at 1,865.09. During the session, the Information Technology, Consumer Discretionary, Health Care, and Materials sectors witnessed high selling pressure that negatively impacted the broader market. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include DryShips Inc. (NASDAQ: DRYS), Walter Energy Inc. (NYSE: WLT), Windstream Holdings Inc. (NASDAQ: WIN) and Avon Products Inc. (NYSE: AVP). Free technical research on DRYS, WLT, WIN and AVP can be downloaded upon signing up at:
On Friday, DryShips Inc.'s stock recorded heavy trading volume of 11.33 million shares. The stock traded at an intraday trading range of $3.15 and $3.33, before closing the day at $3.26, up 1.56%. DryShips Inc.'s shares have declined 0.61% in the past three trading sessions, 18.91% in the last one month and 30.64% on YTD basis. The S&P 500 Industrials Sector Index mapped a gain of 1.15% in the previous three months, while the S&P 500 advanced 1.48% during the same period. The stock is trading above its 200-day moving average. DryShips Inc.'s 50-day moving average of $3.52 is above its 200-day moving average of $3.08. The stock has a Relative Strength Index (RSI) of 41.61. Sign up today to read free research on DRYS at:
Walter Energy Inc. reported heavy trading volume of 8.46 million shares on Friday. The stock ended the day at $8.15, up 0.25% and at an intraday range of $8.10 and $8.65. Walter Energy Inc.'s shares have surged 6.26% in the previous three trading sessions, but the same have plummeted 25.50% in the last one month and 50.99% on YTD basis. The S&P 500 Materials Sector Index has gained 4.09% in the previous three months, while the S&P 500 has advanced 1.48% during the same period. The stock is trading below its 50-day and 200-day moving averages of $9.82 and $12.97, respectively. The stock has an RSI of 41.64. Sign up today to read free research on WLT at:
On Friday, shares in Windstream Holdings Inc. recorded heavy trading as a total of 9.37 million shares changed hands. The stock's three-month average volume stood at 8.89 million shares. The stock closed the day at $8.63, up 0.35% and with an intraday fluctuation between $8.46 and $8.63. Shares of the company traded at a PE ratio of 18.72. Windstream Holdings Inc.'s shares have gained 1.53% in the past three trading sessions, 5.50% in the last one month, and 8.15% on YTD basis. The S&P 500 Telecommunication Services Sector Index gained 5.53% in the last one month, while the S&P 500 fell 0.69% during the same period. The stock is trading above its 50-day and 200-day moving averages of $7.97 and $8.14, respectively. The company's shares have an RSI of 63.14. Sign up today to read free research on WIN at:
Shares in Avon Products Inc. reported heavy trading volume of 9.35 million shares during Friday's trading session, which is above its three-month average volume of 4.27 million shares. The stock ended the day at $15.07, up 2.66% and at an intraday range of $14.56 and $15.07. Shares of the company traded at a PE ratio of 14.63. Avon Products Inc.'s shares have gained 2.45% in the previous three trading sessions and 0.33% in the last one month, while the same have declined 12.49% on YTD basis. The S&P 500 Consumer Staples Sector Index has advanced 0.92% in the last one month, while the S&P 500 has fallen by 0.69% during the same period. The stock is trading above its 50-day moving average of $14.91. The stock has a Relative Strength Index (RSI) of 54.93. Sign up today to read free research on AVP at:
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.
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.