Are Seadrill Ltd(SDRL), Windstream Holdings, Inc.(WIN) and Zogenix, Inc.(ZGNX) Ready To Break Through Their Resistance Levels?
New York, NY – GDP INSIDER – 03/12/2015.
This article discusses three companies: Seadrill Ltd(NYSE:SDRL), Windstream Holdings, Inc.(NASDAQ:WIN) and Zogenix, Inc.(NASDAQ:ZGNX)
Seadrill Ltd(NYSE:SDRL) saw its value increase by 0.41% yesterday as the stock gained four cents to reach to a closing price of $9.70 on lower than average trading volume of 12.34 million, compared to its 30-day average trading volume of 14.65 million. The mark places the stock 5.75% above its 52 week low of $9.18. To contrast, the Bermuda-based offshore drilling services provider is now situated 75% below its 52 week low of $39.36. Seadrill Ltd has a beta of 1.81 which indicates that the stock is 81% more volatile than the market. With EPS (ttm) of $8.06 and one year target price of $14.45, the company is hold at the moment. The stock gained an additional five cents during afterhours trading to move to a value of $9.75.
Windstream Holdings, Inc.(NASDAQ:WIN) jumped 0.26% as the stock gained two cents to move to a new closing price of $7.57. The $4.55 billion market cap company had a low trading volume of 4.95 million yesterday, a figure which is substantially lower than its 30-day average trading volume of 7.03 million. Windstream Holdings, Inc, which fluctuated between $7.51 and $7.60 during the day, currently stands at a weekly performance of -2.82%, monthly performance of 13.98% and a quarterly performance of -18.16%. The stock has an RSI value of 29.53, which indicates that the stock is in oversold territory and might have fallen in value too quickly.
Zogenix, Inc.(NASDAQ:ZGNX) saw its value decline by 26.95% yesterday as the stock fell forty-five cents to finish the day at a closing price of $1.22 on massive trading volume of 35.20 million, compared to its 30-day average trading volume of 3.50 million. While the loss may be disappointing, Zogenix, Inc stockholders can take solace in the fact that the stock remains 14% above its one year low of $1.07. Over the past one week and past one month, the shares of Zogenix, Inc have dropped 27.38% and 6.15%, respectively. However, the drop relived some of the selling pressure on the stock with the RSI dropping from just over 70 to 35.07 making it a hold for now.
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