18.09.2013 14:58:00
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Pre-Market Analysis: Tesoro Corp., Hess Corp., Penn Virginia Corp., and LinnCo. LLC
LONDON, September 18, 2013 /PRNewswire/ --
The U.S. equity market edged higher on Tuesday, September 17, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.42%, 0.23%, and 0.75%, respectively. Shares in the basic materials oil and gas sector ended on a mixed note, even as the broader market advanced. The major movers in the sector included Tesoro Corporation (NYSE: TSO), Hess Corporation (NYSE: HES), Penn Virginia Corporation (NYSE: PVA), and LinnCo LLC (NASDAQ: LNCO). All these companies are tracked by AAAResearchReports.com. Free technical research on TSO, HES, PVA, and LNCO can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
Tesoro Corp.'s stock edged higher on Tuesday, reversing some of the losses from the previous trading session. The company's shares vacillated between $44.86 and $45.65 before finishing the day 0.20% higher at $45.58. A total of 2.29 million shares were traded, which is below the daily average volume of 3.22 million. The company's shares have gained 1.70% in the previous three trading sessions, outperforming the S&P 500 which has advanced 1.27% during the same period. However, Tesoro Corp.'s stock is trading below its 50-day and 200-day moving averages of $50.70 and $51.71, respectively. Sign up and read the complimentary report on TSO at:
http://www.AAAResearchReports.com/TSO091813.pdf
On Tuesday, Hess Corp.'s stock edged lower to close at $77.79, which is 0.17% lower than the previous day's closing price of $77.92. The company's shares oscillated between $77.52 and $78.22 during the trading session. A total of 2.97 million shares were traded, which is above the daily average volume of 2.68 million. Despite Tuesday's decline, the company's shares have advanced 3.62% in the last one month and 15.23% in the previous three months, compared to a gain of 2.96% and 4.01% in the S&P 500 during the respective periods. Additionally, Hess Corp.'s stock is trading near its 52-week high of $78.57 as well as above its 50-day and 200-day moving averages of $74.26 and $67.20, respectively. The free report on HES can be downloaded by signing up now at:
http://www.AAAResearchReports.com/HES09813.pdf
Penn Virginia Corp.'s stock surged on Tuesday, extending the gains from the previous trading session. The company's shares ended the day 3.70% higher at $6.17 after vacillating between $5.88 and $6.19. A total of 1.64 million shares were traded, which is above the daily average volume of 1.44 million. Penn Virginia Corp.'s stock has surged 22.91% in the last one month and 32.97% in the previous three months, outperforming the S&P 500 during the respective periods. Moreover, the company's shares are trading above their 50-day and 200-day moving averages of $5.00 and $4.59, respectively. A free report on PVA can be accessed by registering at:
http://www.AAAResearchReports.com/PVA091813.pdf
Shares in LinnCo LLC declined on Tuesday, extending the losses from the previous trading session. The company's shares traded between $30.80 and $31.58 before finishing the day 0.55% lower at $30.93. A total of 0.24 million shares were traded, which is below the daily average volume of 0.76 million. Despite Tuesday's pullback, the company's shares have advanced 11.94% in the last one month, compared to a gain of 2.96% in the S&P 500 during the same period. Furthermore, LinnCo LLC's stock is trading above its 50-day moving average of $28.84. Register with AAA Research Reports and download research on LNCO for free at:
http://www.AAAResearchReports.com/LNCO091813.pdf
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SOURCE AAA Research Reports
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