NEW YORK, July 8, 2016 /PRNewswire/ --
Despite a slow and steady recovery in oil prices, the Oil and
Gas Equipment and Services space continues to face significant
headwinds. Firms are now taking advantage of M&A activities and
are improving their operating models in order to stay afloat. Here
are today's stocks in focus on Stock-Callers.com: NOW Inc. (NYSE:
DNOW), MRC Global Inc. (NYSE: MRC), Flotek Industries Inc. (NYSE:
FTK), and Parker Drilling Co. (NYSE: PKD). Learn more about these
stocks and receive your complimentary notes at:
http://stock-callers.com/registration
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free, please visit the links below.
Full Links to Notes
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DNOW
Notes: http://stock-callers.com/registration/?symbol=DNOW
MRC
Notes: http://stock-callers.com/registration/?symbol=MRC
FTK
Notes: http://stock-callers.com/registration/?symbol=FTK
PKD
Notes: http://stock-callers.com/registration/?symbol=PKD
Shares in Houston, Texas
headquartered NOW Inc. ended Thursday's session 0.71% higher at
$18.41 and with a total volume of
1.21 million shares traded. The stock has advanced 15.35% over the
previous three months and 16.37% since the start of this year. The
Company's shares are trading 4.01% above their 50-day moving
average and 10.43% above their 200-day moving average. Moreover,
shares of NOW Inc., which distributes energy and industrial
products in the U.S., Canada, and
globally, have a Relative Strength Index (RSI) of 53.36.
Houston, Texas headquartered
MRC Global Inc.'s shares saw a slight decline of 0.58%, closing the
day at $13.61 with a total volume of
826,852 shares traded. The stock has advanced 4.85% in the previous
three months and 5.50% on an YTD basis. The Company's shares are
trading 5.92% above their 200-day moving average. Additionally,
shares of MRC Global, which through its subsidiaries, distribute
pipes, valves, fittings, and related products and services to the
energy industry in the U.S., Canada, and globally, have an RSI of
47.02.
On Thursday, shares in Houston,
Texas headquartered Flotek Industries Inc. gained 0.15%,
closing the session at $13.28. The
stock recorded a trading volume of 584,891 shares. The Company's
shares have advanced 3.67% in the last one month, 97.33% over the
previous three months, and 16.08% since the start of this year. The
stock is trading 12.02% above its 50-day moving average and 19.35%
above its 200-day moving average. Furthermore, shares of Flotek
Industries, which develop and supply oilfield products, services,
and equipment to the oil, gas, and mining industries in the U.S.
and globally, have an RSI of 55.57.
Houston, Texas headquartered
Parker Drilling Co.'s shares finished the session 0.92% lower at
$2.15. A total volume of 529,904
shares was traded, which was above their three months average
volume of 485,450 shares. The stock has advanced 2.38% in the
previous three months and 18.13% on YTD basis. The Company's shares
are trading below their 200-day moving average by 5.13%.
Additionally, shares of Parker
Drilling, which together with its subsidiaries, provide
contract drilling and drilling-related services, and rental tools
to the energy industry in the U.S., Latin
America, Europe, the
Middle East, Africa, Asia,
Russia, the Commonwealth of
Independent States, and globally, have an RSI of 39.66.
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