NEW YORK, September 30, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the
following equities: Transocean Ltd (NYSE: RIG), Petroleo Brasileiro
S.A. (NYSE: PBR-A), Paragon Offshore PLC (NYSE: PGN), Enerplus
Corporation (NYSE: ERF), and Ocean Rig UDW Inc. (NASDAQ: ORIG).
Free research report on Transocean can be accessed at
https://www.equityresearchinstitute.com/RIG.pdf On Tuesday, September 29, 2015, the NASDAQ Composite
ended at 4,517.32, down 0.59%, the Dow Jones Industrial Average
edged 0.30% higher, to finish the day at 16,049.13, and the S&P
500 closed at 1,884.09, up 0.12%. The losses were broad based as
five out of nine sectors ended the session in negative. Register
for your complimentary reports at the links given below.
Transocean Ltd's stock finished Tuesday's session 3.00% higher
at $12.35. A total of 12.75 million
shares were traded, which was below its three months average volume
of 14.58 million shares. Over the last one month and the previous
three months, Transocean Ltd's shares have declined 9.12% and
22.51%, respectively. Additionally, the stock has plummeted 31.32%
since the beginning of 2015. The company's shares are trading below
their 50-day and 200-day moving averages by 9.23% and 22.67%,
respectively. Transocean Ltd's stock has a Relative Strength Index
(RSI) of 39.95. Sign up and read the free notes on RIG at:
https://www.equityresearchinstitute.com/RIG.pdf
On Tuesday, shares in Petroleo Brasileiro S.A. ended the session
4.15% higher at $3.26. The stock
reported a trading volume of 10.82 million shares, below its three
months average volume of 13.11 million shares. Petroleo Brasileiro
S.A.'s shares have declined 35.19% in the last one month, 60.05% in
the previous three months and 56.99% on YTD basis. The company is
trading 34.54% below its 50-day moving average and 52.31% below its
200-day moving average. Moreover, shares of Petroleo Brasileiro
S.A. have an RSI of 29.68. The complimentary notes on PBR-A can be
downloaded in PDF format at:
https://www.equityresearchinstitute.com/PBR-A.pdf
Paragon Offshore PLC's stock surged 10.96%, to close the day at
$0.26. The stock recorded a trading
volume of 1.43 million shares, below its three months average
volume of 1.68 million shares. Over the last one month and over the
past three months, Paragon Offshore PLC's shares have lost 65.97%
and 76.59%, respectively. Furthermore, the stock has plummeted
90.79% since the start of this year. The company's shares are
trading 59.73% below their 50-day moving average. Additionally,
Paragon Offshore PLC has an RSI of 28.27. Register for free on
Equity Research Institute and access the latest research on PGN
at:
https://www.equityresearchinstitute.com/PGN.pdf
On Tuesday, shares in Enerplus Corp. recorded a trading volume
of 1.50 million shares, close to their three months average volume
of 1.53 million shares. The stock ended the day 0.42% higher at
$4.74. Enerplus Corp.'s stock has
declined 20.00% in the last one month, 44.90% in the previous three
months and 47.98% on YTD basis. The company is trading below its
50-day and 200-day moving averages by 19.70% and 45.76%,
respectively. Furthermore, shares of Enerplus Corp. have an RSI of
35.78. The complete research on ERF is available for free at:
https://www.equityresearchinstitute.com/ERF.pdf
Ocean Rig UDW Inc.'s stock lost 5.07%, to close Tuesday's
session at $2.06. The stock recorded
a trading volume of 2.43 million shares, above its three months
average volume of 1.46 million shares. Over the last one month and
the previous three months, Ocean Rig UDW Inc.'s shares have
declined 38.87% and 59.84%, respectively. Additionally, the stock
has plummeted 76.71% since the start of this year. The company is
trading 37.15% and 67.01% below its 50-day and 200-day moving
averages, respectively. Furthermore, Ocean Rig UDW Inc.'s stock
traded at a PE ratio of 0.90 and has an RSI of 25.16. Free in-depth
research on ORIG is available at:
https://www.equityresearchinstitute.com/ORIG.pdf
--
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