NEW YORK, July 17, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Turquoise Hill Resources Ltd (NYSE: TRQ), Arch Coal Inc. (NYSE: ACI), Teck Resources Ltd (NYSE: TCK), BHP Billiton PLC (NYSE: BBL), and Denison Mines Corporation (AMEX: DNN). Free research report on Turquoise Hill Resources Ltd can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=TRQ On Thursday, July 16, 2015, the NASDAQ Composite ended at 5,163.18, up 1.26%, the Dow Jones Industrial Average advanced 0.39%, to finish the day at 18,120.25, and the S&P 500 closed at 2,124.29, up 0.80%. The gains were broad based as eight out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
On Thursday, shares in Turquoise Hill Resources Ltd ended the day flat at $3.52. The stock reported a trading volume of 3.08 million shares, below its three months average volume of 4.09 million shares. Shares of the company traded at a PE ratio of 27.08. Turquoise Hill Resources Ltd's shares have declined 12.66% in the last one month and 13.09% in the previous three months. However, the stock has surged 13.55% on YTD basis. The company is trading 1.17% above its 200-day moving average. Moreover, shares of Turquoise Hill Resources Ltd have a Relative Strength Index (RSI) of 22.74. Sign up and read the free notes on TRQ at:
Arch Coal Inc.'s stock declined 4.84%, to close the day at $0.29. The stock recorded a trading volume of 6.65 million shares, above its three months average volume of 5.76 million shares. Over the last one month and over the past three months, Arch Coal Inc.'s shares have lost 26.25% and 72.17%, respectively. Furthermore, the stock has plummeted 83.43% since the start of this year. The company's shares are trading 45.37% below their 50-day moving average and 76.82% below their 200-day moving average. Additionally, Arch Coal Inc. has an RSI of 30.65. The complimentary notes on ACI can be downloaded in PDF format at:
On Thursday, shares in Teck Resources Ltd recorded a trading volume of 2.82 million shares, lower than their three months average volume of 4.78 million shares. The stock ended the day 2.37% lower at $9.05. Shares of the company traded at a PE ratio of 18.10. Teck Resources Ltd's stock has lost 17.28% in the last one month, 33.45% in the previous three months and 32.96% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 22.06% and 33.68%, respectively. Furthermore, shares of Teck Resources Ltd have an RSI of 31.61. Register for free on Equity Research Institute and access the latest research on TCK at:
BHP Billiton PLC's stock gained 1.54%, to close Thursday's session at $38.92. The stock recorded a trading volume of 0.71 million shares, below its three months average volume of 0.78 million shares. Over the last one month and the previous three months, BHP Billiton PLC's shares have declined 5.76% and 11.67%, respectively. Additionally, the stock has lost 6.90% since the start of this year. The company is trading 8.48% and 14.07% below its 50-day and 200-day moving averages, respectively. Furthermore, BHP Billiton PLC's stock traded at a PE ratio of 10.41 and has an RSI of 42.27. The complete research on BBL is available for free at:
Denison Mines Corp.'s stock finished Thursday's session 2.73% higher at $0.61. A total of 0.39 million shares were traded, which was below its three months average volume of 0.65 million shares. Over the last one month and the previous three months, Denison Mines Corp.'s shares have lost 24.80% and 27.71%, respectively. Additionally, the stock has plummeted 34.83% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 24.21% and 33.04%, respectively. Denison Mines Corp.'s stock has an RSI of 17.99. Free in-depth research on DNN is available at:
About Equity Research Institute:
Equity Research Institute ("ERI") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ERI has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
ERI has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.
ERI, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") are 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 the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ERI nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.equityresearchinstitute.com.
ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) equityresearchinstitute.com.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.