Technical Coverage on Energy Sector Stocks -- Research on Vantage Drilling, Rowan Cos, Endeavour Intl., and Magnum Hunter Resources

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May 05, 2014, 09:10 ET from Investor-Edge

LONDON, May 5, 2014 /PRNewswire/ --

On Friday, May 2, 2014, the NASDAQ Composite ended at 4,123.90, down 0.09%, the Dow Jones Industrial Average lost 0.28%, to finish the day at 16,512.89, and the S&P 500 closed at 1,881.14, down 0.13%. The losses were broad based as six out of the ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 686.03, up 0.32%, with the index advancing 4.02% in the last one month. Investor-Edge has initiated coverage on the following equities: Vantage Drilling Company (NYSE MKT: VTG), Rowan Companies PLC (NYSE: RDC), Endeavour International Corporation (NYSE: END) and Magnum Hunter Resources Corporation (NYSE: MHR). Free technical research on VTG, RDC, END and MHR can be downloaded upon signing up at: On Friday, Vantage Drilling Co.'s stock recorded a trading volume of 1.52 million shares, lower than its three months average volume of 1.89 million shares. The stock ended the day at the previous day's closing price of $1.66 and registered an intraday range of $1.64 and $1.69. Although Vantage Drilling Co.'s shares have lost 3.49% in the previous three trading sessions and 9.78% on YTD basis, it has advanced 0.61% in the previous three months. The company's stock is trading below its 50-day and 200-day moving averages of $1.71 and $1.77, respectively. Furthermore, shares of Vantage Drilling Co. have a Relative Strength Index (RSI) of 39.78. Sign up today to read free research on VTG at: Rowan Companies PLC's stock finished the Friday's session 0.87% higher at $31.29. A total of 1.89 million shares were traded, which was above its three months average volume of 1.64 million shares. The stock vacillated between $30.99 and $31.47 during the session. Over the last one month and from the beginning of 2014, Rowan Cos. PLC's shares have lost 3.63% and 11.51%, respectively. However, in the previous three trading sessions, the company's stock has gained 1.07%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $34.40 is greater than its 50-day moving average of $32.05. Rowan Cos. PLC's stock traded at a PE ratio of 16.73 and has an RSI of 48.72. Sign up today to read free research on RDC at: On Friday, shares in Endeavour International Corp. fluctuated between $3.32 and $3.50 before ending the session 1.49% higher at $3.41. The stock reported a trading volume of 1.05 million shares, close to its three months average volume of 1.15 million shares. Endeavour International Corp.'s shares have advanced 3.65% in the previous three trading sessions, 10.71% in the last one month, while the stock has declined 35.05% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $3.58 and $4.98, respectively. Moreover, shares of Endeavour International Corp. have an RSI of 52.46. Sign up today to read free research on END at: Shares in Magnum Hunter Resources Corp. advanced 1.34%, to close the day at $8.32. The stock recorded a trading volume of 2.46 million shares, below its three months average volume of 3.99 million shares. The stock oscillated between $8.20 and $8.45 during the session. Over the last three trading sessions and since the start of this year, Magnum Hunter Resources Corp.'s shares have gained 1.34% and 13.82%, respectively. However, the stock has lost 2.12% over the past one month. The stock is trading above its 50-day and 200-day moving averages. Magnum Hunter Resources Corp.'s 50-day moving average of $8.25 is above its 200-day moving average of $6.90. Additionally, the stock traded has an RSI of 48.91. Sign up today to read free research on MHR at: =============== EDITOR'S NOTES: =============== 1. This is not company news. 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