LONDON, May 7, 2014 /PRNewswire/ --
The trading session on Tuesday, May 06, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,401.02, down 0.78% and the NASDAQ Composite closed at 4,080.76, down 1.38%. The S&P 500 finished the day 0.90% lower at 1,867.72. The losses were broad based as nine out of ten sectors finished on a lower note. The S&P 500 Energy Sector Index ended the day 0.14% higher at 690.20, and the index has gained 13.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: Suncor Energy Inc. (NYSE: SU), Diamond Offshore Drilling Inc. (NYSE: DO), Southwestern Energy Co. (NYSE: SWN) and Marathon Oil Corp. (NYSE: MRO). Free technical research on SU, DO, SWN and MRO can be downloaded upon signing up at:
http://www.investor-edge.com/2210-register
Suncor Energy Inc.'s stock finished Tuesday's session 1.50% higher at $39.89, also hitting a new 52-week high of $39.96. A total of 3.17 million shares were traded, above its three months average volume of 3.13 million shares. The stock moved between $39.34 and $39.96 during the session. Suncor Energy Inc.'s shares have gained 2.86% in the previous three trading sessions, 10.90% in the last one month and 13.81% from the beginning of 2014. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $34.92 is above its 200-day moving average of $34.49. Suncor Energy Inc.'s stock has a Relative Strength Index (RSI) of 77.20. Sign up today to read free research on SU at:
http://www.investor-edge.com/2210-SU-07May2014.pdf
Shares in Diamond Offshore Drilling Inc. recorded a trading volume of 0.96 million shares on Tuesday, below its three months average volume of 2.19 million shares. The stock finished the day at $51.97, which was 0.72% higher its previous day's closing of $51.60. The stock registered an intraday range of $51.36 and $52.30 during the trading session. Shares in Diamond Offshore Drilling Inc. have declined 3.15% in the previous three trading sessions and 5.90% on YTD basis. However, the stock has gained 8.96% in the last one month. The company's stock is trading above its 50-day moving average. The stock's 50-day moving average of $47.54 is below its 200-day moving average of $55.33. Furthermore, the company's stock traded at a PE ratio of 13.33 and has an RSI of 59.78. Sign up today to read free research on DO at:
http://www.investor-edge.com/2210-DO-07May2014.pdf
On Tuesday, Southwestern Energy Co.'s stock fluctuated between $46.54 and $47.32 before ending the session 0.51% lower at $46.55. The company's stock reported a trading volume of 4.10 million shares, close to its three months average volume of 4.53 million shares. Shares of the company traded at a PE ratio of 20.68. Over the previous three trading sessions and in the last one month, shares in Southwestern Energy Co. have fallen by 1.81% and 0.47%, respectively. The company's shares have surged 18.36% on YTD basis. Southwestern Energy Co.'s stock is trading above its 50-day and 200-day moving averages of $45.39 and $40.15, respectively. Moreover, the company's shares have an RSI of 48.72. Sign up today to read free research on SWN at:
http://www.investor-edge.com/2210-SWN-07May2014.pdf
Shares in Marathon Oil Corp. fell by 0.71% on Tuesday, closing the day at $36.19. The stock recorded a trading volume of 5.44 million shares, below its three months average volume of 6.25 million shares. The stock oscillated between $36.13 and $36.56 during the session. Marathon Oil Corp.'s shares have advanced 1.69% in the last one month and 2.52% since the start of this year, while the stock has edged lower by 0.36% in the previous three trading sessions. The company's shares are trading above their 50-day and 200-day moving averages of $34.91 and $35.05, respectively. Furthermore, the company's stock traded at a PE ratio of 13.84 and has an RSI of 58.38. Sign up today to read free research on MRO at:
http://www.investor-edge.com/2210-MRO-07May2014.pdf
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