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