Strong Trend Developing: Magnum Hunter Resources Corp (NYSE:MHR), Revolution Lighting Technologies Inc. (NASDAQ:RVLT), Hecla Mining Company (NYSE:HL)

Posted by Ryan Mandell April 24, 2013 0 Comment 777 views

Northern, WI 04/24/2013 (GDPInsider) –  Magnum Hunter Resources Corp (NYSE:MHR) is up after sluggish start to the day’s trading. The stock opened at $2.42 and is currently trading up 1.21%. Volume is 327,350 and the trading range is presently $2.41 and $2.48. The stock is down 61.86% on its 52-week high but up 3.08% on its 52-week low. The present RSI for the stock is 15.91 and analysts have set a target price of $6.19. The stock is facing some pressure from analysts who believe that the decline in crude oil prices and E&Ps could impact on the company’s value. EPS this year is predicted to fall by 107.17% and the EPS for next year is also facing a downward call at 12.50%.

Is MHR a solid investment at these levels? Get valuable updates and exclusive insights here.

Revolution Lighting Technologies Inc. (NASDAQ:RVLT) opened trading today at $2.75 and quickly shot up. The stock is presently up 12.06% with a trading range of $2.71 and $3.06. The stock is making good on a technical chart which has been sloping northwards since the start of 2013. RVLT is trading 84.05% above its 50-day moving average and 46.36% above ts 20-day moving average. Trading volume is 570,940 and there are 74.87 million shares outstanding. Institutions own 3.90% of the company’s stock whilst 61.80% of the stock is owned by insiders. The stock is trading 2.81% above its 52-week high and a whopping 2,591.82% above its 52-week low.

How Should Investors Trade RVLT Now? Get key and important information right here.

Hecla Mining Company (NYSE:HL) is up 3.56% having opened the day’s trading at $3.12. The stock is presently trading with a range of $3.11 and $3.18. With a target price set of $5.52, Hecla Mining Company is presently down 53.99% on its 52-week high whilst up 7.46% on its 52-week low. Today’s volume is 550.83K and there are 285.16 million shares outstanding. 55.15% of shares in Hecla are owned by institutions and the RSI of the stock is presently 32.75. The technical chart of the stock shows a downward sloping trend which has prevailed since January 2013.

How Should Investors Trade HL Now? Get the latest trends and data here.

About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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