Pre-Market Analysis: Rentech Inc., Eastman Chemical Co., Ashland Inc., and Gevo Inc. PR Newswire LONDON, October 17, 2013 LONDON, October 17, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. The U.S. equity market posted gains on Wednesday, October 16, 2013. All three benchmark indexes rose, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 1.38%, 1.36% and 1.20% respectively. Shares in the chemicals - major diversified industry ended on a higher note, tracking gains in the broader market. 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). All these companies are tracked by AAAResearchReports.com. Free technical research on RTK, EMN, ASH, and GEVO can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Shares in Rentech Inc. advanced on Wednesday, tracking gains in the broader market. The company's shares closed the day at $2.08, up 1.22%, after fluctuating between $2.06 and $2.11 during the trading session. A total of 1.52 million shares were traded, which is below the daily average volume of 1.80 million. The company's shares have gained 0.73% in the previous three trading sessions, compared to a gain of 1.08% in the S&P 500 during the same period. Further, Rentech Inc.'s stock is trading above its 50-day moving average of $2.04. Sign up and read the complimentary report on RTK at: http://www.AAAResearchReports.com/RTK101713.pdf Eastman Chemical Co.'s stock rose 1.20% on Wednesday, extending the gains from the previous trading session. The company's shares closed the day at $80.28, after oscillating between $79.53 and $80.81 during the trading session. A total of 1.45 million shares were traded, which is above the daily average volume of 1.40 million. The company's shares have gained 9.09% in the previous three months and 5.22% in the last one month, compared to a gain of 2.70% and 1.41% in the S&P 500 during the respective periods. Further, Eastman Chemical Co.'s stock is trading above its 50-day and 200-day moving averages of $78.09 and $73.01, respectively. The free report on EMN can be downloaded by signing up now at: http://www.AAAResearchReports.com/EMN101713.pdf On Wednesday, Ashland Inc.'s stock posted gains to close at $89.41, up 1.39% from the previous day's closing price of $88.18. The company's shares oscillated between $88.51 and $89.47 during the trading session. A total of 0.52 million shares were traded, which is below the daily average volume of 0.68 million. The company's shares have advanced 2.21% in the last three trading sessions and 5.24% in the previous three months, outperforming the S&P 500 which has advanced 1.08% and 2.70% during the respective periods. Additionally, Ashland Inc.'s stock is trading above its 50-day and 200-day moving averages of $88.95 and $84.74, respectively. A free report on ASH can be accessed by registering at: http://www.AAAResearchReports.com/ASH101713.pdf Gevo Inc.'s stock advanced 1.11% on Wednesday, tracking gains in the broader market. The company's shares ended the day at $1.82 after fluctuating between $1.78 and $1.85. A total of 0.34 million shares were traded, which is below the daily average volume of 0.60 million. Gevo Inc.'s shares have remained flat in the previous three trading sessions, compared to a gain of 1.08% in the S&P 500 during the same period. Moreover, the company's stock is trading below its 50-day and 200-day moving averages of $1.87 and $1.95, respectively. 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Pre-Market Analysis: Rentech Inc., Eastman Chemical Co., Ashland Inc., and Gevo Inc.
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