LONDON, December 5, 2013 /PRNewswire/ --
On Wednesday, December 04, 2013, the U.S. equity market ended on a lower note, the S&P 500 closed the day at 1,792.81, down 0.13%; the Dow Jones Industrial Average finished at 15,889.77, down 0.16%; and the NASDAQ Composite ended at 4,038.00, up 0.02%. The S&P 500 Materials Sector Index ended the day 0.47% higher at 276.20. The S&P 500 Chemicals Industry Index closed at 442.29, up 0.46% and the same gained 1.48% in the last one month and 7.63% in the previous three months, compared to a gain of 1.41% and 8.45% in the S&P 500 during the respective periods. The major movers in the industry included Rentech Inc. (NASDAQ: RTK), Eastman Chemical Company (NYSE: EMN), Ashland Inc. (NYSE: ASH), and Gevo Inc. (NASDAQ: GEVO). AAAResearchReports.com has completed their technical analysis on RTK, EMN, ASH, and GEVO and these free reports are accessible by registering at:
Rentech Inc.'s stock surged 3.55% on Wednesday, even as the broader market edged lower. The company's shares ended the day at $1.75, after trading between $1.66 and $1.78. A total of 2.19 million shares were traded, which is above the daily average volume of 2.06 million. The company's shares have gained 1.16% in the last one month, compared to a gain of 1.41% in the S&P 500 during the same period. However, Rentech Inc.'s stock is trading below its 50-day and 200-day moving averages of $1.90 and $2.13, respectively. Sign up for free technical research on RTK at:
On Wednesday, Eastman Chemical Co.'s stock finished the day at $74.58, which is 1.13% lower than the previous day's closing price of $75.43. The company's shares fluctuated between $74.13 and $75.41 during the trading session. A total of 1.38 million shares were traded, which is below the daily average volume of 1.54 million. The company's shares have fallen by 2.99% in the previous three months, underperforming the S&P 500, which has gained 8.45%, during the same period. However, Eastman Chemical Co.'s stock is trading above its 200-day moving average of $74.15. Be sure to read our latest technical research on EMN by registering at:
Ashland Inc.'s stock fluctuated between $91.23 and $92.91 before closing Wednesday's session 1.19% higher at $92.72. A total of 0.54 million shares were traded, which is below the daily average volume of 0.70 million. The company's shares have gained 1.80% in the previous three trading sessions and 5.71% in the last three months, compared to a loss of 0.72% and a gain of 8.45% in the S&P 500 during the respective periods. Moreover, Ashland Inc.'s stock is trading near its 52-week high of $94.65 and above its 50-day and 200-day moving averages of $90.15 and $86.22, respectively. Sign up and read the complimentary report on ASH at:
On Wednesday, Gevo Inc.'s stock advanced to close the day at $1.80, up 1.69% from the previous day's closing price of $1.77. The company's shares vacillated between $1.64 and $1.84 during the trading session. A total of 1.03 million shares were traded, which is above the daily average volume of 0.65 million. The company's shares have gained 1.12% in the previous three trading sessions and 4.65% in the last one month, outperforming the S&P 500, which has fallen by 0.72% and has gained 1.41%, during the respective periods. Additionally, Gevo Inc.'s stock is trading above its 50-day moving average of $1.71. The free report on GEVO can be downloaded by signing up now at:
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SOURCE AAA Research Reports