Pre-Market Analysis: Baker Hughes Inc., Cameron Intl. Corp., Precision
Drilling Corp., and Oil States Intl. Inc.
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LONDON, November 11, 2013
LONDON, November 11, 2013 /PRNewswire/ --
The U.S. equity market surged on Friday, November 08, 2013. All three
benchmark indexes posted gains, with the S&P 500, the Dow Jones Industrial
Average, and the NASDAQ Composite gaining 1.34%, 1.08% and 1.60%,
respectively. Shares in the oil and gas equipment and services industry
finished on a higher note, tracking gains in the broader market. The major
movers in the industry included Baker Hughes Inc. (NYSE: BHI), Cameron
International Corp. (NYSE: CAM), Precision Drilling Corp. (NYSE: PDS), and Oil
States International Inc. (NYSE: OIS). All these companies are tracked by
AAAResearchReports.com. Free technical research on BHI, CAM, PDS, and OIS can
be downloaded upon signing up at:
Baker Hughes Inc.'s stock surged 3.48% on Friday, finishing the day at $57.92
after fluctuating between $56.04 and $57.95 during the trading session. A
total of 5.42 million shares were traded, which is above the daily average
volume of 3.69 million. The company's shares have surged 22.09% in the
previous three months and 16.68% in the last one month, outperforming the S&P
500, which has gained 4.68% and 3.96% during the respective periods.
Furthermore, Baker Hughes Inc.'s stock is trading near its 52-week high of
$58.83 and also above its 50-day and 200-day moving averages of $52.04 and
$47.69, respectively. Sign up and read the complimentary report on BHI at:
On Friday, Cameron International Corp.'s stock posted gains to end the day at
$54.65, which is 2.57% higher than the previous day's closing price of $53.28.
The company's shares vacillated between $53.26 and $54.70 during the trading
session. A total of 2.87 million shares were traded, which is below the daily
average volume of 3.22 million. The company's shares have gained 1.24% in the
previous three trading sessions, outperforming the S&P 500, which has gained
0.43% during the same period. However, Cameron International Corp.'s stock is
trading below its 50-day and 200-day moving averages of $59.08 and $61.36,
respectively. The free report on CAM can be downloaded by signing up now at:
Precision Drilling Corp.'s stock advanced 1.00% on Friday, tracking gains in
the broader market. The company's shares closed the day at $10.07 after
oscillating between $9.90 and $10.11 during the trading session. A total of
0.63 million shares were traded, which is below the daily average volume of
0.82 million. Despite Friday's gains, the company's shares have fell by 1.08%
in the previous one month, underperforming the S&P 500, which has advanced
3.96% during the same period. Additionally, Precision Drilling Corp.'s stock
is trading above its 200-day moving average of $9.27. A free report on PDS can
be accessed by registering at:
Shares in Oil States International Inc. gained 1.43% on Friday, closing the
day at $106.70, after fluctuating between $105.19 and $107.36 during the
trading session. A total of 0.53 million shares were traded, which is below
the daily average volume of 0.63 million. Oil States International Inc.'s
stock has gained 14.47% in the previous three months, compared to a gain of
4.68% in the S&P 500 during the same period. Moreover, the company's stock is
trading above its 50-day and 200-day moving averages of $104.07 and $91.60,
respectively. Register with AAA Research Reports and download research on OIS
for free at:
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