Early Briefing and Review: Baker Hughes Inc., Cameron Intl. Corp., Oil States Intl. Inc., and Precision Drilling Corp.
LONDON, September 13, 2013 /PRNewswire/ --
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On Thursday, September 12, 2013, the U.S. equity market ended on a lower note with the S&P 500 falling by 0.34% to end the day at 1,683.42, the Dow Jones Industrial Average declining by 0.17% to close at 15,300.64 and the NASDAQ Composite finishing at 3,715.97, down 0.24%. Shares in the oil and gas equipment and services industry ended mostly on a lower note, tracking losses in the broader market. The major movers in the industry included Baker Hughes Inc. (NYSE: BHI), Cameron International Corporation (NYSE: CAM), Oil States International Inc. (NYSE: OIS), and Precision Drilling Corporation (NYSE: PDS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
Baker Hughes Inc.'s stock fell sharply by 1.48% on Thursday, tracking losses in the broader market. The company's shares vacillated between $49.20 and $50.00 before finishing the day at $49.40. A total of 3.59 million shares were traded, which is above the daily average volume of 3.22 million. Despite Thursday's pullback, Baker Hughes Inc.'s shares have advanced 3.93% in the last one month and 8.93% in the previous three months, outperforming the S&P 500 which has fallen by 0.36% and has gained 4.40% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $47.87 and $45.51, respectively. Sign up for free report on BHI at:
On Thursday, Cameron International Corp.'s stock fell sharply to close at $58.49, which is 2.27% lower than the previous day's closing price of $59.85. The company's shares oscillated between $58.43 and $59.76 during the trading session. A total of 3.95 million shares were traded, which is above the daily average volume of 2.42 million. The company's shares have gained 2.42% in the last one month, compared to a loss of 0.36% in the S&P 500 during the same period. Additionally, Cameron International Corp.'s stock is trading below its 50-day and 200-day moving averages of $59.67 and $60.77, respectively. CAM free technical report can be accessed by signing up at:
Shares in Oil States International Inc. rose marginally on Thursday, extending their gains from previous trading sessions. The company's shares ended the day 0.03% higher at $97.41 after fluctuating between $96.45 and $98.00. A total of 0.60 million shares were traded, which is below the daily average volume of 0.75 million. The company's shares have gained 5.50% in the last one month and 7.78% in the previous three months, outperforming the S&P 500 which has fallen by 0.36% and has gained 4.40% during the respective periods. Moreover, Oil States International Inc.'s stock is trading above its 50-day and 200-day moving averages of $93.77 and $84.47, respectively. A free report on OIS can be accessed by registering at:
Precision Drilling Corp.'s shares edged lower on Thursday, extending their losses from previous trading sessions. The company's shares vacillated between $10.16 and $10.35 before finishing the day 0.68% lower at $10.29. A total of 0.53 million shares were traded, which is below the daily average volume of 1.03 million. Despite Thursday's pullback, the company's shares have advanced 16.80% in the previous three months, compared to a gain of 4.40% in the S&P 500 during the same period. Additionally, Precision Drilling Corp.'s stock is trading above its 50-day and 200-day moving averages of $9.86 and $8.81, respectively. Register with AAA Research Reports and download research on PDS for free at:
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SOURCE AAA Research Reports
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