Yahoo Finance Today’s Research Reports on Trending Tickers: QEP Resources and Exxon Mobil
NEW YORK, NY / ACCESSWIRE / February 20, 2018 / U.S. markets closed Friday with weekly gains in the range of 4 percent to 5 percent. The Dow Jones Industrial Average gained 0.08 percent to close at 25,219.38, while the S&P 500 increased 0.04 percent to close at 2,732.22. Both, Dow and S&P 500 were up 4.3 percent for the week. The Nasdaq Composite Index dropped 0.23 percent to close at 7,239.47, however posting weekly gains of 5.3 percent. With trading closed on Monday to celebrate President's Day, investors had some time to analyze recent events.
“Events over the past few weeks serve as a salutary reminder of both the dangers of crowded positions and of the power of technical forces when combined with consensual positioning,” said Erin Browne, head of asset allocation at UBS.
RDI Initiates Coverage on:
QEP Resources, Inc.
https://rdinvesting.com/news/?ticker=QEP
Exxon Mobil Corporation
https://rdinvesting.com/news/?ticker=XOM
QEP Resources’ stock moved 3.83% higher Friday, to close the day at $8.68. The stock recorded a trading volume of 8,528,402 shares, which was above its three months average volume of 5,594,419 shares. In the last year, QEP Resources’ shares have traded in a range of 7.02 - 17.45. The share price has gained 23.65% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $9.69 is greater than its 200-day moving average of $8.80. Shares of QEP Resources have fallen roughly 20.147 percent in the past month and are down 9.3 percent year-to-date.
Access RDI’s QEP Resources, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=QEP
On Friday, shares of Exxon Mobil recorded a trading volume of 13,722,431 shares, which was above the three months average volume of 13,099,890 shares. The stock ended the day 0.43% higher at 76.54. The stock is currently trading 14.29% below its 52 week high with a 52 week trading range of 73.90 - 89.30.The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $84.13 is greater than its 200-day moving average of $81.88. Shares of the company are trading at a Price to Earnings ratio of 16.53. Shares of Exxon Mobil have fallen roughly 12.17 percent in the past month and are down 8.49 percent year-to-date.
Access RDI’s Exxon Mobil Corporation Research Report at:
https://rdinvesting.com/news/?ticker=XOM
Our Actionable Research on QEP Resources, Inc. (NYSE:QEP) and Exxon Mobil Corporation (NYSE:XOM) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
