LONDON, October 15, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Mechel (NYSE: MTL), Cia Siderurgica Nacional S.A. (NYSE: SID), Molycorp Inc. (NYSE: MCP), US Silica Holdings Inc. (NYSE: SLCA), and Turquoise Hill Resources Ltd (NYSE: TRQ). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Tuesday, October 14, 2014, the NASDAQ Composite ended at 4,227.17, up 0.32%, the Dow Jones Industrial Average edged 0.04% lower, to finish the day at 16,315.19, and the S&P 500 closed at 1,877.70, up 0.16%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Materials Sector Index ended the day at 284.99, up 0.33%, while the index has declined 3.78% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:
On Tuesday, shares in Mechel traded between $0.74 and $0.90 before ending the session 3.02% higher at $0.80. The stock reported a trading volume of 1.23 million shares, above its three months average volume of 0.93 million shares. Mechel's shares have declined 0.06% in the previous three trading sessions, 52.17% in the last one month and 68.80% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $1.46 and $1.89, respectively. Moreover, shares of Mechel have a Relative Strength Index (RSI) of 33.84. Sign up and read the free notes on MTL at:
Cia Siderurgica Nacional S.A.'s stock advanced 3.66%, to close the day at $3.68. The stock recorded a trading volume of 5.17 million shares, below its three months average volume of 5.61 million shares. The stock oscillated between $3.54 and $3.78 during the session. Over the last one month and since the start of this year, Cia Siderurgica Nacional S.A.'s shares have lost 8.91% and 40.65%, respectively. However, the stock has gained 1.94% in the previous three trading sessions. The company's stock closed below its 50-day and 200-day moving averages. The stock's 200-day moving average of $4.48 is above its 50-day moving average of $4.27. Additionally, Cia Siderurgica Nacional S.A. has an RSI of 36.31. The complimentary notes on SID can be downloaded as in PDF format at:
On Tuesday, shares in Molycorp Inc. recorded a trading volume of 3.19 million shares, lower than its three months average volume of 5.15 million shares. The stock ended the day at $1.41, which was 6.02% above its previous day's closing of $1.33, and registered an intraday range of $1.30 and $1.44. Molycorp Inc.'s shares have declined 5.37% in the previous three trading sessions, 6.62% in the last one month and 74.91% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $1.68 and $3.46, respectively. Furthermore, shares of Molycorp Inc. have an RSI of 42.51. Register for free on Investor-Edge and access the latest research on MCP at:
US Silica Holdings Inc.'s stock lost 1.54%, to close Tuesday's session at $40.33, after oscillating between $38.87 and $43.00. The stock recorded a trading volume of 6.16 million shares, much above its three months average volume of 2.04 million shares. Over the previous three trading sessions and the last three months, US Silica Holdings Inc.'s shares have plummeted 17.61% and 27.75%, respectively. However, from the beginning of 2014, the stock has surged 18.24%. The company's stock closed below its 50-day and 200-day moving averages. US Silica Holdings Inc.'s 50-day moving average of $62.63 is above its 200-day moving average of $47.41. Further, the stock traded at a PE ratio of 24.53 and has an RSI of 16.91. The complete research on SLCA is available for free at:
Turquoise Hill Resources Ltd's stock finished Tuesday's session flat at $3.47. A total of 2.26 million shares were traded, which was below its three months average volume of 3.12 million shares. The stock moved between $3.46 and $3.58 during the session. Turquoise Hill Resources Ltd's shares have fallen by 5.71% in the previous three trading sessions and 1.42% in the last three months. However, the stock has gained 5.15% since the beginning of this year. The company's shares closed below their 50-day and 200-day moving averages of $3.57, each. Turquoise Hill Resources Ltd's stock has an RSI of 40.42. Free in depth research on TRQ is available at:
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