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LONDON, May 12, 2014 /PRNewswire/ --
On Friday, May 9, 2014, the NASDAQ Composite ended at 4,071.87, up 0.50%, the Dow Jones Industrial Average advanced 0.20%, to finish the day at 16,583.34, and the S&P 500 closed at 1,878.48, up 0.15%. The gains were broad based with six out of ten sectors edging higher. The S&P 500 Energy Sector Index ended the day at 685.35, down 0.18%, whereas the index has gained 5.63% in the last one month. Investor-Edge has initiated coverage on the following equities: Dresser-Rand Group Inc. (NYSE: DRC), Basic Energy Services Inc. (NYSE: BAS), FMC Technologies Inc. (NYSE: FTI) and Forum Energy Technologies Inc. (NYSE: FET). Free technical research on DRC, BAS, FTI and FET can be downloaded upon signing up at:
On Friday, shares in Dresser-Rand Group Inc. fluctuated between $60.47 and $61.29 before ending the session 0.26% lower at $61.04. The stock reported a trading volume of 0.52 million shares, below its three months average volume of 1.19 million shares. Shares of the company traded at a PE ratio of 24.38. Dresser-Rand Group Inc.'s shares have fallen by 0.54% in the previous three trading sessions, while the stock has gained 6.49% in the last one month and 2.36% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $58.35 and $59.24, respectively. Moreover, shares of Dresser-Rand Group Inc. have a Relative Strength Index (RSI) of 59.33. Sign up today to read free research on DRC at:
On friday, shares in Basic Energy Services Inc. edged 0.20% lower, to close the day at $25.54. The stock recorded a trading volume of 0.70 million shares, below its three months average volume of 1.25 million shares. The stock oscillated between $25.38 and $26.05 during the session. Over the last three trading sessions and over the past one month, Basic Energy Services Inc.'s shares have fallen by 0.35% and 4.24%, respectively. However, the stock has surged 61.85% since the start of this year. The stock is trading above its 200-day moving average of $17.54, while Basic Energy Services Inc.'s 200-day moving average is lower than its 50-day moving average of $25.93. Additionally, the stock has an RSI of 45.62. Sign up today to read free research on BAS at:
On Friday, shares in FMC Technologies Inc. recorded a trading volume of 0.91 million shares, much below its three months average volume of 1.72 million shares. The stock ended the day at $55.96, which was 0.12% below its previous day's closing of $56.03, and registered an intraday range of $55.43 and $56.36. Shares of the company traded at a PE ratio of 24.86. Although FMC Technologies Inc.'s stock has lost 2.30% in the previous three trading sessions, it has gained 7.29% in the last one month and 7.18% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $53.61 and $52.78, respectively. Furthermore, shares of FMC Technologies Inc. have an RSI of 55.23. Sign up today to read free research on FTI at:
Shares in Forum Energy Technologies Inc. finished the Friday's session 0.80% higher at $31.61. A total of 0.77 million shares were traded, which was above its three months average volume of 0.54 million shares. The stock vacillated between $31.12 and $31.75 during the session. Over the last one month and the previous three months, Forum Energy Technologies Inc.'s shares have advanced 7.04% and 18.48%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 11.85%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $29.64 is greater than its 200-day moving average of $28.05. Forum Energy Technologies Inc.'s stock traded at a PE ratio of 20.82 and has an RSI of 58.83. Sign up today to read free research on FET at:
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