Equities Recording New Highs -- Research on Continental Resources, Matador Resources, Stone Energy, and Carrizo Oil & Gas Editor Note: For more information about this release, please scroll to bottom.
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 Continental Resources Inc. (NYSE: CLR), Matador Resources Co. (NYSE: MTDR), Stone Energy Corp. (NYSE: SGY) and Carrizo Oil & Gas Inc. (NASDAQ: CRZO). Free technical research on CLR, MTDR, SGY and CRZO can be downloaded upon signing up at:
Shares in Continental Resources Inc. ended the day at $125.67, up 3.99%, hitting a new 52-week high of $125.80 on Friday. The stock reported a trading volume of 1.38 million shares during the trading session, compared with the 3-month average volume of 1.14 million shares. Continental Resources Inc.'s shares traded at a PE ratio of 26.24 and were up 11.69% on YTD basis. Shares of the company have advanced 5.15% in the last one month and 13.43% in the previous three months. The S&P 500 Energy Sector Index mapped a gain of 1.24% during the session, and the stock has gained 2.29% in the last one month. The stock is trading above its 50-day and 200-day moving averages of $115.25 and $105.76, respectively. Relative Strength Index (RSI) of the stock was 65.35 at the end of the session. Sign up today to read free research on CLR at:
On Friday Matador Resources Co.'s stock edged 0.48% lower, to close the day at $24.88, after hitting a new 52-week high of $25.84. The stock recorded a trading volume of 1.22 million shares, compared with the 3-month average volumes of 0.79 million shares. The company's shares traded at a PE ratio of 17.92 and were up 33.48% on YTD basis. Shares of Matador Resources Co. have surged 2.73% in the previous three trading sessions and 30.60% in the previous three months. The S&P 500 Energy sector Index mapped a gain of 1.24% during the session, while the same has charted up by 1.78% during the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages. Matador Resources Co.'s 50-day moving average of $21.90 is above the 50-day moving average of $18.17. Additionally, the shares of the company have an RSI of 64.18. Sign up today to read free research on MTDR at:
Shares in Stone Energy Corp. gained 2.15% on Friday, finishing the day at $42.37, hitting a new 52-week high of $42.64. The stock recorded a trading volume of 1.13 million shares, which is above the 3-month average volume of 0.82 million shares. Stone Energy Corp.'s shares were traded at a PE ratio of 14.52 and were up 22.49% on YTD basis. Shares of the company have surged 17.89% in the last one month and 25.36% in the previous three months. The S&P 500 Energy sector Index posted gains of 2.29% in the last one month and 0.20% in the previous months. The stock is trading above its 50-day and 200-day moving averages. Stone Energy Corp.'s 50-day moving average of $34.76 is above the 200-day moving average of $31.20. Furthermore, shares of the company have an RSI of 73.17. Sign up today to read free research on SGY at:
On Friday, shares in Carrizo Oil & Gas Inc. fluctuated in the range of $52.98 and $54.94, hitting a new 52-week high of $54.94. The company's stock ended the day at $53.57, up 1.21%. A total of 0.99 million shares were traded, which is below the three month average volume of 1.11 million. The company's shares have surged 7.70% in the last one month and 21.56% in the previous three months. The company stocks traded at a PE ratio of 47.92 and were up 19.66% on YTD basis. The S&P 500 Energy Sector Index mapped a gain of 1.24% during the session, and the same has gained 2.29% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. Carrizo Oil & Gas Inc.'s 50-day moving average of $46.37 is above the 200-day moving average of $39.65. Moreover, shares of the company have an RSI of 66.28. Sign up today to read free research on CRZO at:
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