NEW YORK, NY / ACCESSWIRE / July 4, 2018 / U.S. equities dropped on Tuesday, as gains in energy, real-estate and telecom shares were offset by losses in tech and financial names. The Dow Jones Industrial Average decreased 0.54 percent to close at 24,174.82, while the S&P 500 Index shed 0.49 percent to close at 2,713.22. The Nasdaq Composite Index have fallen 0.49 percent to close at 7,502.67.
Managing director of sales and trading at Themis Trading, Mark Kepner said, “There is not much pure information that would be moving the market, but when trading volumes are low, like today, any piece of news can exaggerate moves.”
RDI Initiates Coverage on:
Micronet Enertec Technologies, Inc.
Micronet Enertec Technologies' stock jumped 28.57% Tuesday, to close the day at $1.62. The stock recorded a trading volume of 4,234,487 shares, which was above its three months average volume of 160,901 shares. In the last year, Micronet Enertec Technologies' shares have traded in a range of 0.65 - 1.94. The share price has gained 149.23% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $1.31 is above its 200-day moving average of $1.28. Shares of Micronet Enertec Technologies have gained roughly 18.25 percent in the past month and are up 44.64 percent year-to-date.
Access RDI's Micronet Enertec Technologies, Inc. Research Report at:
On Tuesday, shares of Tengasco recorded a trading volume of 14,665,672 shares, which was above the three months average volume of 95,470 shares. The stock ended the day 72.73% higher at $1.52. The share price has fallen 38.46% from its 52 week high with a 52 week trading range of 0.55 - 2.47. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $0.69 is below its 200-day moving average of $0.73. Shares of the company are trading at a Price to Earnings ratio of 19.49. Shares of Tengasco, Inc. have gained roughly 117.14 percent in the past month and are up 90 percent year-to-date.
Access RDI's Tengasco, Inc. Research Report at:
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