Today's Research Reports on Trending Tickers: EQT Corporation and Transocean Ltd.
NEW YORK, NY / ACCESSWIRE / December 11, 2018 / Wall Street bounced on Monday as optimism outweighed earlier losses caused by the U.S. - China trade dispute. Analysts expect the Federal Reserve to raise interest rates during their next meeting. The Dow Jones Industrial Average gained 0.14 percent to close at 24,423.26, while the S&P 500 Index increased 0.18 percent to close at 2,637.72. The Nasdaq Composite Index jumped 0.74 percent to close at 7,020.52.
“There won’t be 25% tariffs on Jan. 1, and momentum toward a deal appears to be building, as the jobs report was solid but not too hot, while ISM Manufacturing PMIs were strong, and the Fed is shifting more and more dovish,” said Tom Essaye, the president and editor of the Sevens Report.
The Market Edge Initiates Coverage on:
EQT Corporation
https://marketedgereport.com/report/EQT/
Transocean Ltd.
https://marketedgereport.com/report/RIG/
EQT Corporation's stock jumped 6.63% Monday, to close the day at $19.63. The stock recorded a trading volume of 12,089,241 shares, which was above its three months average volume of 9,863,717 shares. In the last year, EQT Corporation's shares have traded in a range of 16.29 - 32.48. The share price has gained 20.5% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $18.72 is below its 200-day moving average of $25.42. Shares of EQT Corporation have gained roughly 0.45 percent in the past month and are down 36.65 percent year-to-date.
Access The Market Edge's EQT Corporation Research Report:
https://marketedgereport.com/report/EQT/
On Monday, shares of Transocean recorded a trading volume of 25,357,261 shares, which was above the three months average volume of 15,727,321 shares. The stock ended the day 2.77% lower at $8.07. The share price has fallen 44.23% from its 52 week high with a 52 week trading range of 7.82 - 14.47. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $10.10 is below its 200-day moving average of $11.99. Shares of Transocean have fallen roughly 23.36 percent in the past month and are down 24.44 percent year-to-date.
Access The Market Edge's Transocean Ltd. Research Report:
https://marketedgereport.com/report/RIG/
Our Actionable Research on EQT Corporation (NYSE:EQT) and Transocean Ltd. (NYSE:RIG) can be downloaded free of charge at The Market Edge.
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SOURCE: The Market Edge
