NEW YORK, July 24, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Basic Energy Services Inc. (NYSE: BAS), MRC Global Inc. (NYSE: MRC), C&J Energy Services Ltd (NYSE: CJES), Hornbeck Offshore Services Inc. (NYSE: HOS), and NOW Inc. (NYSE: DNOW). Free research report on Basic Energy Services can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=BAS. On Thursday, July 23, 2015, the NASDAQ Composite ended at 5,146.41, down 0.49%, the Dow Jones Industrial Average declined 0.67%, to finish the day at 17,731.92, and the S&P 500 closed at 2,102.15, down 0.57%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
On Thursday, shares in Basic Energy Services Inc. recorded a trading volume of 3.02 million shares, higher than their three months average volume of 2.64 million shares. The stock ended the day 1.44% higher at $6.34. Basic Energy Services Inc.'s stock has lost 16.14% in the last one month, 21.53% in the previous three months and 9.56% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 17.94% and 24.74%, respectively. Furthermore, shares of Basic Energy Services Inc. have a Relative Strength Index (RSI) of 40.62. Sign up and read the free notes on BAS at:
MRC Global Inc.'s stock closed Thursday's session flat at $13.76. The stock recorded a trading volume of 1.80 million shares, close to its three months average volume of 1.90 million shares. Over the last one month and the previous three months, MRC Global Inc.'s shares have lost 14.05% and 1.99%, respectively. Additionally, the stock has lost 9.17% since the start of this year. The company is trading 10.40% and 11.61% below its 50-day and 200-day moving averages, respectively. Furthermore, MRC Global Inc.'s stock traded at a PE ratio of 9.42 and has an RSI of 32.30. The complimentary notes on MRC can be downloaded in PDF format at:
C&J Energy Services Ltd's stock finished Thursday's session 3.74% higher at $10.26. A total of 2.89 million shares were traded, which was above its three months average volume of 1.76 million shares. Over the last one month and the previous three months, C&J Energy Services Ltd's shares have declined 25.00% and 29.53%, respectively. Additionally, the stock has lost 22.33% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 25.33% and 29.12%, respectively. C&J Energy Services Ltd's stock traded at a PE ratio of 20.52 and has an RSI of 28.41. Register for free on Equity Research Institute and access the latest research on CJES at:
On Thursday, shares in Hornbeck Offshore Services Inc. ended the session 5.09% higher at $17.55. The stock reported a trading volume of 1.16 million shares, above its three months average volume of 0.98 million shares. Shares of the company traded at a PE ratio of 5.70. Hornbeck Offshore Services Inc.'s shares have plummeted 18.71% in the last one month, 15.54% in the previous three months and 29.72% on YTD basis. The stock is trading 16.29% below its 50-day moving average and 23.71% below its 200-day moving average. Moreover, shares of Hornbeck Offshore Services Inc. have an RSI of 35.31. The complete research on HOS is available for free at:
NOW Inc.'s stock advanced 5.09%, to close the day at $19.62. The stock recorded a trading volume of 1.08 million shares, above its three months average volume of 0.86 million shares. Over the last one month and over the past three months, NOW Inc.'s shares have declined 10.70% and 14.06%, respectively. Furthermore, the stock has lost 23.75% since the start of this year. The company's shares are trading 9.30% below their 50-day moving average. Additionally, NOW Inc. traded at a PE ratio of 32.70 and has an RSI of 46.25. Free in-depth research on DNOW is available at:
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