LONDON, April 28, 2014 /PRNewswire/ --
The markets on Friday, April 25, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,361.46, down 0.85% and the NASDAQ Composite closed at 4,075.56, down 1.75%. The S&P 500 finished the day 0.81% lower at 1,863.40. The losses were broad based with eight out of ten sectors edging lower. The S&P 500 Energy Sector Index ended the day at 681.62, down 0.44%, whereas the index gained 4.39% in the last one month. Investor-Edge has initiated coverage on the following equities: Forest Oil Corp. (NYSE: FST), SM Energy Co. (NYSE: SM), Gran Tierra Energy Inc. (NYSE MKT: GTE) and Carrizo Oil & Gas Inc. (NASDAQ: CRZO). Free technical research on FST, SM, GTE and CRZO can be downloaded upon signing up at:
On Friday, shares in Forest Oil Corp. fluctuated between $1.86 and $1.92 before ending the session 2.09% lower at $1.87. The stock reported a trading volume of 1.82 million shares, much below its three months average volume of 5.13 million shares. Shares of the company traded at a PE ratio of 13.16. Forest Oil Corp.'s shares have advanced 1.08% in the last one month, but the stock has declined 4.10% in the previous three trading sessions and 48.20% on YTD basis. Forest Oil Corp.'s stock is trading below its 50-day and 200-day moving averages of $2.07 and $4.01, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 40.89. Sign up today to read free research on FST at:
On Friday,SM Energy Co.'s stock edged 0.98% lower, to close the day at $78.52. The stock recorded a trading volume of 1.30 million shares, close to its three months average volume of 1.25 million shares. The stock oscillated between $78.05 and $79.40 during the session. Over the last three trading sessions and over the past one month, SM Energy Co.'s shares have gained 0.74% and 10.79%, respectively. However, the stock has lost 5.52% since the start of this year. The stock is trading above its 50-day and 200-day moving averages, while the 50-day moving average of $74.04 is below SM Energy Co.'s 200-day moving average of $77.84. Additionally, the stock traded at a PE ratio of 18.25 and has an RSI of 65.61. Sign up today to read free research on SM at:
On Friday, shares in Gran Tierra Energy Inc. recorded a trading volume of 0.77 million shares, below its three months average volume of 0.94 million shares. The stock ended the day at $7.18, which was 2.18% below its previous day's closing of $7.34, and registered an intraday range of $7.16 and $7.40. Shares of the company traded at a PE ratio of 15.96. Gran Tierra Energy Inc.'s shares have lost 3.23% in the previous three trading sessions, 2.05% in the last one month, and 1.78% on YTD basis. Gran Tierra Energy Inc.'s stock is trading above its 200-day moving average of $7.12. Furthermore, shares of the company have an RSI of 42.82. Sign up today to read free research on GTE at:
Carrizo Oil & Gas Inc.'s stock finished the Friday's session 3.87% lower at $53.12. A total of 0.97 million shares were traded, which was below its three months average volume of 1.10 million shares. The stock moved between $52.56 and $54.95 during the session. Over the last one month and the previous three months, Carrizo Oil & Gas Inc.'s shares have gained 0.36% and 28.09%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 18.65%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $50.49 is greater than its 200-day moving average of $41.94. Carrizo Oil & Gas Inc.'s stock traded at a PE ratio of 47.51 and has an RSI of 53.37. Sign up today to read free research on CRZO at:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is 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 Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.