Market Indicators for Today: Baker Hughes, Cameron Intl., Precision Drilling, and Oil States Intl.
LONDON, December 6, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Thursday, December 05, 2013, the U.S. equity market edged lower. The S&P 500 ended the day at 1,785.03, down 0.43%; the Dow Jones Industrial Average closing at 15,821.51, down 0.43%; and the NASDAQ Composite finishing at 4,033.17, down 0.12%. The S&P 500 Energy Sector Index closed the session at 629.61, down 0.43% and the S&P 500 Oil & Gas Equipment & Services Sub Industry Index fell 0.28% to finish at 631.84. The Oil & Gas Equipment & Services Sub Industry Index has gained 2.75% the previous three months, compared to a gain of 7.85% in the S&P 500 during the same period. The major movers in the industry included Baker Hughes Inc. (NYSE: BHI), Cameron International Corporation (NYSE: CAM), Precision Drilling Corporation (NYSE: PDS), and Oil States International Inc. (NYSE: OIS). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on BHI, CAM, PDS, and OIS now at:
On Thursday, Baker Hughes Inc.'s stock ended the day at $54.00, down 1.28% from the previous day's closing price of $54.70. The company's shares fluctuated between $53.63 and $54.51 during the trading session. A total of 6.43 million shares were traded, which is above the daily average volume of 4.02 million. Despite Thursday's pullback, the company's shares have gained 11.50% in the previous three months, outperforming the S&P 500, which has gained 7.85%, during the same period. Moreover, Baker Hughes Inc.'s stock is trading above its 200-day moving average of $48.67. Download free research on BHI today by registering at:
Cameron International Corp.'s stock advanced on Thursday, even as the broader market edged lower. The company's shares finished the day 1.25% higher at $56.07, after oscillating between $54.90 and $56.41. A total of 3.54 million shares were traded, which is above the daily average volume of 3.51 million. The company's shares have gained 1.47% in the previous three trading sessions and 3.87% in the last one month, outperforming the S&P 500, which has lost 0.88% and has gained 1.25%, during the respective periods. However, Cameron International Corp.'s stock is trading below its 50-day and 200-day moving averages of $57.76 and $60.58, respectively. Sign up and have access to our free report on CAM at:
On Thursday, shares in Precision Drilling Corp. plummeted, as the broader market ended on a lower note. The company's shares traded between $8.61 and $9.02 before closing the day 9.04% lower at $8.75. A total of 5.96 million shares were traded, which is above the daily average volume of 0.80 million. The company's shares have fallen by 5.51% in the previous three trading sessions, compared to a loss of 0.88% in the S&P 500 during the same period. Furthermore, Precision Drilling Corp.'s stock is trading below its 50-day and 200-day moving averages of $10.09 and $9.31, respectively. Sign up and read the complimentary report on PDS at:
Shares in Oil States International Inc. vacillated between $102.49 and $104.38 before closing Thursday's session 0.53% higher at $103.71. A total of 0.49 million shares were traded, which is below the daily average volume of 0.64 million. The company's shares have gained 1.53% in the previous three trading sessions and 10.75% in the last three months, outperforming the S&P 500, which has lost 0.88% and has gained 7.85%, during the respective periods. Additionally, Oil States International Inc.'s stock is trading above its 200-day moving average of $93.82. The free report on OIS can be downloaded by signing up now at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, 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.
- 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.
- 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@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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
Equity News Network 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
Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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 AAA Research Reports
More by this Source
AAAResearchReports.com Technical Input: Darling Intl., Emerson Electric, Textron, and Colfax
Jan 16, 2014, 08:09 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.