Click here to close now.




















Welcome!

News Feed Item

Technical Briefing on Equities Reaching New High -- Research on Baker Hughes, Encana, InvenSense, and Diamondback Energy

Editor Note: For more information about this release, please scroll to bottom

LONDON, March 31, 2014 /PRNewswire/ --

On Friday, March 28, 2014, the NASDAQ Composite finished at 4,155.76, up 0.11%. The Dow Jones Industrial Average closed the session at 16,323.06, up 0.36% and the S&P 500 ended the day at 1,857.62, higher by 0.46%. The gains were broad based with eight out of ten sectors ending the session in positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Baker Hughes Inc. (NYSE: BHI), Encana Corp. (NYSE: ECA), InvenSense Inc. (NYSE: INVN) and Diamondback Energy Inc. (NASDAQ: FANG). Free technical research on BHI, ECA, INVN and FANG can be downloaded upon signing up at:

http://www.investor-edge.com/584-register


On Friday, Baker Hughes Inc.'s stock traded in the range of $63.63 and $65.50, hitting a new 52-week high of $65.50. The company's stock reported a gain of 2.63%, ending the day at $65.27. A total of 4.96 million shares were traded, which is above a three month average volume of 4.57 million. The company's shares have gained 4.03% in the previous three trading sessions and 19.87% in the last three months. The company's stocks traded at a PE ratio of 24.82 and were up 18.11% on YTD basis. The S&P 500 Energy Sector Index posted gains of 1.78% in the previous three trading sessions and 2.29% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. Baker Hughes Inc.'s 50-day moving average of $60.28 is above the 200-day moving average of $53.42. Additionally, shares of the company have a Relative Strength Index (RSI) of 69.26. Sign up today to read free research on BHI at:

http://www.investor-edge.com/584-BHI-31Mar2014.pdf


Encana Corp.'s shares edged 0.85% higher on Friday, finishing the day at $21.42, after hitting a new 52-week high of $21.50. The stock recorded a trading volume of 4.64 million shares, compared with a three month average volume of 5.25 million shares. Encana Corp.'s shares traded at a PE ratio of 32.45 and were up 18.67% on YTD basis. Shares of the company have surged 12.86% in the last one month and 18.74% in the previous three months. The S&P 500 Energy Sector Index mapped a gain of 1.24% during the session and the same has advanced 2.29% in the last one month. The stock is trading above its 50-day and 200-day moving averages Encana Corp.'s 50-day moving average of $19.19 is above the 200-day moving average of $18.12. Furthermore, shares of the company have an RSI of 74.33. Sign up today to read free research on ECA at:

http://www.investor-edge.com/584-ECA-31Mar2014.pdf


On Friday, InvenSense Inc.'s stock advanced 0.67%, to close the day at $22.70, hitting a new 52-week high of $24.34. The stock recorded a trading volume of 3.06 million shares, compared with a 3-month average volume of 2.95 million shares. The company's shares traded at a PE ratio of 59.28 and were up 9.24% on YTD basis. Shares of InvenSense Inc. have gained 12.66% in the last one month and 13.10% in the previous three months. The S&P 500 Information Technology sector Index mapped a gain of 0.47% during the session, and the same has charted up by 1.03% during the previous three months. The stock is trading above its 50-day and 200-day moving averages. InvenSense Inc.'s 50-day moving average of $21.03 is above the 200-day moving average of $18.25. Additionally, the company's shares have an RSI of 54.73. Sign up today to read free research on INVN at:

http://www.investor-edge.com/584-INVN-31Mar2014.pdf


Shares in Diamondback Energy Inc. ended the day at $69.70, up 2.44%, hitting a new 52-week high of $69.90 on Friday. The stock reported a trading volume of 1.47 million shares during the trading session, compared with a 3-month average volume of 0.90 million shares. Diamondback Energy Inc.'s shares traded at a PE ratio of 52.96 and were up 31.80% on YTD basis. Shares of the company have surged 8.41% in the previous three trading sessions and 34.22% in the last three months. The S&P 500 Energy Sector Index mapped a gain of 1.24% during the session, and the same has advanced 0.20% in the previous three months. The company's stock is trading above its 50-day and 200-day moving averages of $59.29 and $48.14, respectively. Moreover, the stock has an RSI of 73.03. Sign up today to read free research on FANG at:

http://www.investor-edge.com/584-FANG-31Mar2014.pdf


===============
EDITOR'S 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 Nidhi Vatsal, 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 [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.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 [at] http://www.investor-edge.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 Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge 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
Investor-edge 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
Investor-edge 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 Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge 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.

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
ElasticBox, the agile application delivery manager, announced freely available public boxes for the DevOps community. ElasticBox works with enterprises to help them deploy any application to any cloud. Public boxes are curated reference boxes that represent some of the most popular applications and tools for orchestrating deployments at scale. Boxes are an adaptive way to represent reusable infrastructure as components of code. Boxes contain scripts, variables, and metadata to automate proces...
Puppet Labs is pleased to share the findings from our 2015 State of DevOps Survey. We have deepened our understanding of how DevOps enables IT performance and organizational performance, based on responses from more than 20,000 technical professionals we’ve surveyed over the past four years. The 2015 State of DevOps Report reveals high-performing IT organizations deploy 30x more frequently with 200x shorter lead times. They have 60x fewer failures and recover 168x faster
To support developers and operations professionals in their push to implement DevOps principles for their infrastructure environments, ProfitBricks, a provider of cloud infrastructure, is adding support for DevOps tools Ansible and Chef. Ansible is a platform for configuring and managing data center infrastructure that combines multi-node software deployment, ad hoc task execution, and configuration management, and is used by DevOps professionals as they use its playbooks functionality to autom...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Containers are not new, but renewed commitments to performance, flexibility, and agility have propelled them to the top of the agenda today. By working without the need for virtualization and its overhead, containers are seen as the perfect way to deploy apps and services across multiple clouds. Containers can handle anything from file types to operating systems and services, including microservices. What are microservices? Unlike what the name implies, microservices are not necessarily small,...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and e...
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Com...
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...