Pre-Market Analysis: QEP Resources Inc., Linn Energy LLC, RPC Inc., and North
American Palladium Ltd
LONDON, November 6, 2013
LONDON, November 6, 2013 /PRNewswire/ --
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On Tuesday, November 5, 2013, the S&P 500 ended the day at 1,762.97, down
0.28%; the Dow Jones Industrial Average closed at 15,618.22, down 0.13%; and
the NASDAQ Composite finished at 3,939.86, up 0.08%. Shares in basic
materials-commodities sector ended lower, even as the broader market
fluctuated between gains and losses. The major movers in the sector included
QEP Resources Inc. (NYSE: QEP), Linn Energy LLC (NASDAQ: LINE), RPC Inc.
(NYSE: RES), and North American Palladium Ltd (NYSE MKT: PAL). All these
companies are tracked by AAAResearchReports.com. Free technical research on
QEP, LINE, RES, and PAL can be downloaded upon signing up at:
QEP Resources Inc.'s stock declined 0.51% on Tuesday, closing at $33.28 after
oscillating between $32.87 and $33.46 during the trading session. A total of
2.64 million shares were traded, which is above the daily average volume of
1.56 million. The company's shares have gained 16.04% in the previous one
month and 7.39% in the last three months, outperforming the S&P 500, which has
gained 4.29% and 3.27% during the respective periods. Despite Tuesday decline,
QEP Resources Inc.'s stock is trading above its 50-day and 200-day moving
averages of $29.47 and $29.55, respectively. Sign up and read the
complimentary report on QEP at:
Linn Energy LLC's stock plummeted on Tuesday, even as the broader market
finished on a mixed note. The company's shares closed the day at$30.77, down
3.24%, after oscillating between$30.41 and $32.36 during the trading session.
A total of 5.54 million shares were traded, which is above the daily average
volume of 2.27 million. Despite Tuesday's losses, the company's shares have
surged 16.11% in the last one month and 16.91% in the previous three months,
compared to a gain of 4.29% and 3.27% in the S&P 500 during the respective
periods. Additionally, Linn Energy LLC's stock is trading above its 50-day
moving average of $26.59. The free report on LINE can be downloaded by signing
up now at:
On Tuesday, RPC Inc.'s stock hit a 52-week high of $18.61, before declining to
close the day at $18.30, 0.81% lower than the previous day's closing price of
$18.45. The company's shares fluctuated between $18.17 and $18.61 during the
trading session. A total of 1.11 million shares were traded, which is above
the daily average volume of 0.44 million. However, despite Tuesday's pullback,
the company's shares have surged 13.10% in the last one month and 23.57% in
the previous three months, outperforming the S&P 500, which has gained 4.29%
and 3.27% during the respective periods. Further, RPC Inc.'s stock is trading
above its 50-day and 200-day moving averages of $15.82 and $14.86,
respectively. A free report on RES can be accessed by registering at:
Shares in North American Palladium Ltd plummeted on Tuesday, even as the
broader market fluctuated between gains and losses. The company's shares
closed the day 10.00% lower at $0.72 after trading between $0.68 and $0.79
during the trading session. A total of 3.14 million shares were traded, which
is above the daily average volume of 1.07 million. The company's shares have
fallen by 18.41% in the previous three trading sessions, compared to a gain of
0.37% in the S&P 500 during the same period. Moreover, North American
Palladium Ltd's stock is trading below its 50-day and 200-day moving averages
of $0.97 and $1.23, respectively. Register with AAA Research Reports and
download research on PAL for free at:
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