Early Morning Insight: Eldorado Gold Corp., McDermott Intl. Inc., National
Oilwell Varco Inc., and Randgold Resources Ltd
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LONDON, November 18, 2013
LONDON, November 18, 2013 /PRNewswire/ --
On Friday, November 15, 2013, all three indexes of the US equity market posted
gains. The S&P 500 ended the day at 1,798.18, up 0.42%; the Dow Jones
Industrial Average closed at 15,961.70, up 0.54%; and the NASDAQ Composite
finished at 3,985.97, up 0.33%. Shares in the basic material-commodities
sector mostly ended on a lower note, even as the broader market posted gains.
The major movers in the sector included Eldorado Gold Corporation (NYSE: EGO),
McDermott International Inc. (NYSE: MDR), National Oilwell Varco Inc. (NYSE:
NOV), and Randgold Resources Ltd (NASDAQ: GOLD). All these companies are
tracked by AAAResearchReports.com. Download free technical analysis and
charting reports on EGO, MDR, NOV, and GOLD now at:
On Friday, shares in Eldorado Gold Corp. declined by 1.95%, even as the
broader market posted gains. The company's shares closed the day at $6.54,
after trading between $6.51 and $6.72. A total of 4.20 million shares were
traded, which below the daily average volume 6.95 million. Despite Friday's
decline, the company's shares have gained 0.62% in the previous three trading
sessions and 5.48% in the last one month, compared to a gain of 1.72% and
3.08% in the S&P 500 during the respective periods. Further, Eldorado Gold
Corp.'s stock is trading below its 50-day and 200-day moving averages of $6.68
and $7.79, respectively. Download free research on EGO today by registering
Shares in McDermott Intl. Inc. fluctuated between $8.12 and $8.25 before
ending the Friday's session 0.37% lower at $8.15. A total of 3.80 million
shares were traded, which is below the daily average volume of 4.61 million.
Despite Friday's pullback, the company's shares have gained 11.04% in the last
one month and 13.51% in the previous three months, outperforming the S&P 500,
which has advanced 3.08% and 8.60% during the respective periods.
Additionally, McDermott Intl. Inc.'s stock is trading above its 50-day moving
average of $7.47. Sign up and have access to our free report on MDR at:
National Oilwell Varco Inc.'s stock advanced on Friday, hitting a new 52-week
high of $84.71. The company's shares closed the day at $84.30, up 0.89% from
the previous day's price of $83.56. A total of 3.32 million shares were
traded, which is above the daily average volume of 2.79 million. The company's
shares have gained 4.09% in the last one month and 15.91% in the previous
three months, outperforming the S&P 500, which has advanced 3.08% and 8.60%
during the respective periods. Moreover, National Oilwell Varco Inc.'s stock
is trading above its 50-day and 200-day moving averages of $80.13 and $72.35,
respectively. Sign up and read the complimentary report on NOV at:
On Friday, Randgold Resources Ltd's stock ended the day at $73.28, which is
0.30% lower than the previous day's closing price of $73.50. The company's
shares fluctuated between $72.50 and $74.69 during the trading session. A
total of 2.97 million shares were traded, which is above the daily average
volume of 0.92 million. Despite Friday's losses, the company's shares have
gained 0.27% in the previous three trading sessions and 1.68% in the last one
month, compared to a gain of 1.72% and 3.08% in the S&P 500 during the
respective periods. Furthermore, Randgold Resources Ltd's stock is trading
above its 50-day moving average of $72.93. The free report on GOLD can be
downloaded by signing up now at:
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