Early Morning Insight: Eldorado Gold Corp., McDermott Intl. Inc., National Oilwell Varco Inc., and Randgold Resources Ltd

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:

http://www.aaaresearchreports.com/register/

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 at:

http://www.AAAResearchReports.com/EGO111813.pdf

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:

http://www.AAAResearchReports.com/MDR111813.pdf

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:

http://www.AAAResearchReports.com/NOV111813.pdf

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:

http://www.AAAResearchReports.com/GOLD111813.pdf

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


AAAresearchreports.com

SOURCE AAA Research Reports

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.