LONDON, April 30, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Patterson-UTI Energy Inc. (NASDAQ: PTEN), Hercules Offshore Inc. (NASDAQ: HERO), Precision Drilling Corporation (NYSE: PDS), Rowan Companies PLC (NYSE: RDC), and Pacific Drilling S.A. (NYSE: PACD). Free research report on Patterson-UTI Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=Patterson-UTI%20Energy&d=30-Apr-2015&s=PTEN. On Wednesday, April 29, 2015, the NASDAQ Composite ended at 5,023.64, down 0.63%, the Dow Jones Industrial Average lost 0.41%, to finish the day at 18,035.53, and the S&P 500 closed at 2,106.85, down 0.37%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 605.07, up 0.71%, with the index also advancing 9.25% in the previous three months. Register for your complimentary reports at the links given below.
Patterson-UTI Energy Inc.'s stock advanced 4.22%, to close the day at $22.58. The stock recorded a trading volume of 5.45 million shares, below its three months average volume of 5.61 million shares. The stock oscillated between $21.32 and $22.78 during the session. Over the last one month and over the past three months, Patterson-UTI Energy Inc.'s shares have surged 19.10% and 41.18%, respectively. Furthermore, the stock has gained 36.08% since the start of this year. The company is trading above its 50-day moving average of $19.15, while the 50-day moving average is below Patterson-UTI Energy Inc.'s 200-day moving average of $23.41. Additionally, the stock traded at a PE ratio of 13.53 and has a Relative Strength Index (RSI) of 60.72. Sign up and read the free notes on PTEN at:
On Wednesday, shares in Hercules Offshore Inc. recorded a trading volume of 6.76 million shares, higher than its three months average volume of 4.30 million shares. The stock ended the day at $0.78, which was 12.23% above its previous day's closing of $0.70, and registered an intraday range of $0.73 and $0.80. Hercules Offshore Inc.'s shares have rallied 10.53% in the previous three trading sessions and 67.76% in the last one month. However, the stock has declined 21.99% on YTD basis. The company is trading above its 50-day moving average of $0.62. Furthermore, shares of Hercules Offshore Inc. have an RSI of 52.81. The complimentary notes on HERO can be downloaded as in PDF format at:
Precision Drilling Corp.'s stock gained 3.75%, to close Wednesday's session at $7.19, after oscillating between $6.87 and $7.30. The stock recorded a trading volume of 3.76 million shares, below its three months average volume of 4.08 million shares. Over the last one month and the previous three months, Precision Drilling Corp.'s shares have surged 15.78% and 51.05%, respectively. Additionally, from the beginning of 2015, the stock has gained 18.65%. The company is trading above its 50-day moving average. The stock's 200-day moving average of $8.25 is above its 50-day moving average of 6.39. Further, Precision Drilling Corp.'s stock has an RSI of 56.50. Register for free on Investor-Edge and access the latest research on PDS at:
Rowan Cos. PLC's stock finished Wednesday's session 4.50% higher at $19.96. A total of 3.14 million shares were traded, which was close to its three months average volume of 3.13 million shares. The stock moved between $19.05 and $20.34 during the session. Rowan Cos. PLC's shares have gained 3.63% in the previous three trading sessions and 14.65% in the last one month. However, the stock has lost 14.41% on YTD basis. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $23.93 is greater than its 50-day moving average of $19.91. Rowan Cos. PLC's stock traded at a PE ratio of 7.13 and has an RSI of 45.59. The complete research on RDC is available for free at:
On Wednesday, shares in Pacific Drilling S.A. fluctuated between $4.30 and $4.61 before ending the session 0.46% higher at $4.39. The stock reported a trading volume of 0.85 million shares, below its three months average volume of 0.92 million shares. Shares of the company traded at a PE ratio of 5.05. Pacific Drilling S.A.'s shares have advanced 12.28% in the last one month and 37.19% in the previous three months. However, the stock has lost 5.39% on YTD basis. The company is trading above its 50-day moving average of $3.98. Moreover, shares of Pacific Drilling S.A. have an RSI of 54.66. Free in depth research on PACD is available at:
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