Today's Research: SandRidge Energy Inc., Magnum Hunter Resources Corp.,
Transocean Ltd, and Cenovus Energy Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, October 29, 2013
LONDON, October 29, 2013 /PRNewswire/ --
The U.S. equity market ended on a mixed note on Monday, October 28, 2013. The
S&P 500 ended the day at 1,762.11, up 0.13%; the Dow Jones Industrial Average
closed at 15,568.93, down 0.01%; and the NASDAQ Composite finished at
3,940.13, down 0.08%. Shares in the oil and gas drilling and exploration
industry mostly ended on a lower note, even as the broader market traded
between gains and losses. The major movers in the sector included SandRidge
Energy Inc. (NYSE: SD), Magnum Hunter Resources Corporation (NYSE: MHR),
Transocean Ltd (NYSE: RIG), and Cenovus Energy Inc. (NYSE:CVE).
AAAResearchReports.com has completed their technical analysis on SD, MHR, RIG,
and CVE and these free reports are accessible by registering at:
Shares in SandRidge Energy Inc. traded between $6.40 and $6.56 on Monday
before finishing the day 0.93% higher at $6.52. A total of 7.09 million shares
were traded, which is below the daily average volume of 9.35 million. The
company's shares have surged 9.95% in the last one month and 21.87% in the
previous three months, outperforming the S&P 500, which has gained 4.16% and
4.17% during the respective periods. Additionally, SandRidge Energy Inc.'s
stock is trading above its 50-day and 200-day moving averages of $5.80 and
$5.53, respectively. Sign up for free technical research on SD at:
On Monday, shares in Magnum Hunter Resources Corp. edged lower to end the day
at $7.63, down 1.55% from the previous day's closing price of $7.75. The
company's shares vacillated between $7.56 and $7.87during the trading session.
A total of 2.66 million shares were traded, which is below the daily average
volume of 4.58 million. Despite Monday's pullback, the company's shares have
rallied 20.54% in the last one month and 101.32% in the previous three months,
outperforming the S&P 500, which has gained 4.16% and 4.17% during the
respective periods. Additionally, Magnum Hunter Resources Corp.'s stock is
trading above its 50-day and 200-day moving averages of $5.92 and $4.30,
respectively. Be sure to read our latest technical research on MHR by
Transocean Ltd's stock ended the day 1.82% lower at $48.60, after oscillating
between $48.55 and $49.16 during Monday's trading session. A total of 71.78
million shares were traded, which is significantly above the daily average
volume of 3.33 million. Despite Monday's pullback, the company's shares have
gained 8.19% in the last one month and 1.91% in the previous three months,
compared to a gain of 4.16% and 4.17% in the S&P 500 during the respective
periods. Furthermore, Transocean Ltd's stock is trading above its 50-day
moving average of $46.07. Sign up and read the complimentary report on RIG at:
Shares in Cenovus Energy Inc. edged lower on Monday, even as the broader
market ended on a mixed note. The company's shares traded between $29.30 and
$29.67 before ending the day 0.67% lower at $29.44. A total of 1.22 million
shares were traded, which is above the daily average volume of 0.97 million.
The company's shares have fallen by 0.41% in the previous three trading
sessions, underperforming the S&P 500, which has gained 0.90% during the same
period. Additionally, Cenovus Energy Inc.'s stock is trading below its 50-day
and 200-day moving averages of $29.52 and $30.32, respectively. The free
report on CVE can be downloaded by signing up now at:
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