Technical Study: Rentech, Eastman Chemical, Gevo Inc., and Ashland
LONDON, July 10, 2013
LONDON, July 10, 2013 /PRNewswire/ --
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On Tuesday, July 9, 2013, shares in chemical companies ended on a mixed note
even as the broader market edged higher for a fourth consecutive trading
session. The major movers in the industry included Rentech Inc. (NYSE: RTK),
Eastman Chemical Company (NYSE: EMN), Gevo Inc. (NASDAQ: GEVO), and Ashland
Inc. (NYSE: ASH). AAAResearchReports.com free coverage on RTK, EMN, GEVO, and
ASH is available upon registration at:
Shares in Rentech Inc. edged lower on Tuesday, even as the broader market
posted gains. The company's shares ended the day 0.44% lower at $2.26 after
oscillating between $2.24 and $2.32. A total of 2.75 million shares were
traded which is above the daily average volume of 2.34 million. Despite
Tuesday's pullback, Rentech's shares have gained 7.62% in the last three
trading sessions. The stock is currently trading above its 50-day moving
average. Download free technical research on RTK by signing up at:
Eastman Chemical Company's stock edged higher on Tuesday, extending its gains
from previous trading sessions. The company's shares fluctuated between $73.04
and $74.10 before finishing the day 0.99% higher at $73.43. A total of 1.52
million shares were traded which is above the daily average volume of 1.27
million. The company's shares have gained 3.38% in the last three trading
sessions. The stock is currently trading near its 52-week high of $75.18.
Register now and get access to free analysis on EMN at:
Shares in Gevo Inc. fell sharply on Tuesday, extending their recent losses.
The company's shares fluctuated between $1.91 and $2.14 before closing the day
4.72% lower at $2.02. A total of 1.30 million shares were traded which is
above the daily average volume of 1.21 million. Despite the ongoing rally in
the broader market, Gevo's shares have fallen 6.48% in the last three trading
sessions. Sign up and read our complimentary report on GEVO at:
Ashland Inc.'s stock moved higher on Tuesday, extending its gains from
previous trading sessions. The company's shares ended the day 0.65% higher at
$85.38 after oscillating between $85.34 and $86.09. A total of 518,431 shares
were traded which is below the daily average volume of 836,208. Ashland's
shares have gained 2.46% in the last three trading sessions. The stock is
currently trading near its 52-week high of $91.11, above its 200-day moving
average. The free report on ASH can be downloaded by signing up now at:
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SOURCE AAA Research Reports
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