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Pre-Market Review on Top Gainers -- Research on xG Technology, Basic Energy Services, Sohu.com, and Castle Brands

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LONDON, April 9, 2014 /PRNewswire/ --

The US markets saw a positive sentiment on Tuesday, April 08, 2014, with the NASDAQ Composite closing at 4,112.99, up 0.81%, the Dow Jones Industrial Average ending the session at 16,256.14, up 0.06%, and the S&P 500 edging 0.38% higher to finish the trading session at 1,851.96. The session saw a positive impact from Consumer Discretionary, Energy and Utilities sectors along with a drag from Health Care, Industrials and Telecommunication Services sectors. A number of stocks saw large movements, including xG Technology Inc. (NASDAQ: XGTI), Basic Energy Services Inc. (NYSE: BAS), Sohu.com Inc. (NASDAQ: SOHU) and Castle Brands Inc. (NYSE: ROX). Free technical research on XGTI, BAS, SOHU and ROX can be downloaded upon signing up at:


xG Technology Inc.'s stock edged 6.88% higher, finishing Tuesday's session at $2.64. The stock fluctuated between $2.44 and $2.94 during the session with a trading volume of 1.13 million shares as compared with its three months average volume of 1.22 million shares. xG Technology Inc.'s shares have rallied 70.32% in the previous three months, and 67.09% on YTD basis. The S&P 500 Telecommunication Services Sector Index mapped a loss of 0.12% during the trading session and charted up 5.37% in the last one month. xG Technology Inc's stock is trading above its 50-day moving average of $2.28. Furthermore, the company's stock has a Relative Strength Index (RSI) of 46.55. Sign up today to read free research on XGTI at:


On Tuesday, shares in Basic Energy Services Inc. ended the session at $26.88, up 6.92%. A total of 1.19 million shares were traded as compared with its three months average volume of 1.24 million shares. During the session, the stock traded between $25.60 and $27.00. The company's shares have surged 13.51% in the past one month, 80.52% in the previous three months, and 70.34% on YTD basis. The S&P 500 Energy Sector Index mapped a gain of 0.91% during the trading session, and the same has gained 2.45% in the last one month. Further, the company's stock has an RSI of 52.40 and is trading above its 50-day and 200-day moving averages of $22.41 and $15.98, respectively. On April 7th 2014, the company reported selected operating data for the month of March 2014. The company's well servicing rig count stood at 421 and the well servicing rig hours 74,800 hours Sign up today to read free research on BAS at:


Sohu.com Inc.'s stock finished Tuesday's session at $62.13, up 5.11%. A total of 0.98 million shares were traded which is above its three months average volume of 0.83 million shares. The stock vacillated between $59.01 and $63.18 during the session. Sohu.com Inc.'s shares have edged 0.73% higher in the previous three trading sessions, while the same has declined 14.81% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 0.85% during the trading session, and has advanced 1.18% in the previous three months. Additionally, the company's stock has an RSI of 27.24 and is trading below its 50-day and 200-day moving averages of $72.27 and $69.76, respectively. Sign up today to read free research on SOHU at:


Shares in Castle Brands Inc. closed Tuesday's session at $1.26, up 5.00%, after oscillating between $1.17 and $1.29. A total of 0.62 million shares were traded, which is below its three months average volume of 1.00 million shares. Shares in Castle Brands Inc. have surged 55.56% in the previous three months and 65.79% on YTD basis. The S&P 500 Consumer Staples Sector Index mapped a gain of 0.40% during the trading session, and the same has gained 2.12% in the previous three months. Moreover, the company's stock has an RSI of 52.23. Sign up today to read free research on ROX at:



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