Can Recent Gains Continue? Take-Two Interactive Software, Inc. (TTWO), Cameron International Corporation (CAM) and RPC, Inc. (RES)
New York, NY – GDP INSIDER – 04/10/2015.
This article discusses three companies: Take-Two Interactive Software, Inc. (NASDAQ:TTWO), Cameron International Corporation (NYSE:CAM) and RPC, Inc. (NYSE:RES)
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) continued to decline yesterday with the stock losing 2.36% to finish the day at a closing price of $24.82 on high trading volume of 2.217 million, compared to its three month average trading volume of 1.96 million. The $0.60 loss per share moved the stock 19.42% further away from its 52 week high of $30.80. The shares of Take-Two Interactive Software, Inc have been declining since the beginning of the year, with the stock down 11.45%, compared to the S&P 500 which is up 1.57% for the same period. However, with RSI of 40.67 and one year price target estimate of $33.56, the stock has plenty of upside potential, hold.
Cameron International Corporation (NYSE:CAM) reversed its recent downward trend yesterday with the stock climbing 4.82% or $2.22 to finish the day at $48.29 with more than 3,221 million shares changing hands, compared to its 30 day average trading volume of 2.85 million. Cameron International Corporation has been falling steadily for most of the last 52 weeks with the stock down 23.08%, but has been starting to gain back some of these losses since the beginning of the last month with the stock up 7.65%, making it a potential hold with a view to buy.
RPC, Inc. (NYSE:RES) continued to climb yesterday with the stock gaining 4.75% to finish the day at a closing price of $15.00. The stock, however, lost 1.67% during afterhours trading to move to a value of $14.75. The $3.18 billion US-based oilfield services holding company, which trading within a range of $14.32 to $15 during the day, had a high trading volume of 1.837 million compared with its 30 day average trading volume of 1.67 million. While the MFI of 68.20 is not concerning, the RSI of 72.76 is on the verge of pushing into more concerning territory. That said, the stock could move higher, and these technical are not yet indicating a near term reversal.
UltimateStockAlerts.com provides investors and traders with trading strategies via text message and email. To obtain text message stock alerts service text the word ULTIMATE to 555888 from your cell phone.
UltimateStockAlerts continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
Disclosure: UltimateStockAlerts is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit www.UltimateStockAlerts.com website, for complete risks and disclosures.