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Investor’s Alert: Xilinx, Inc. (XLNX), Antero Resources Corporation (AR), Helix Energy Solutions Group, Inc. (HLX)

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Xilinx, Inc. (XLNX) managed to rebound with the stock climbing 1.65% or $0.96 to close the day at $58.92 on lower than average trading volume of 2.78M shares, compared to its three month average trading volume of 2.78M. The San Jose California 95124 based company has been outperforming the semiconductor – integrated circuits companies by 18.2884% for last three months and its recent gains have offset losses to -2.41% YTD, versus the semiconductor – integrated circuits industry which is up 6.05% for the same period. The RSI of 56.95 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP). The company also offers development boards; development kits, including hardware, design tools, IP, and reference designs that are designed to streamline and accelerate the development of domain-specific and market-specific applications; and configuration products, such as one-time programmable and in-system programmable storage devices to configure field programmable gate arrays. In addition, it provides design services, customer training, field engineering, and technical support. The company offers its products to electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement. Xilinx, Inc. sells its products through a network of independent distributors; and through direct sales to original equipment manufacturers and electronic manufacturing service providers by a network of independent sales representative firms and by a direct sales management organization. The company was founded in 1984 and is headquartered in San Jose, California.

Antero Resources Corporation (AR) had a light trading with around 2.78M shares changing hands compared to its three month average trading volume of 3.58M. The stock traded between $25.69 and $26.23 before closing at the price of $25.85 with 1.37% change on the day. The Error based company is currently trading 20.51% above its 52 week low of $21.45 and -15.69% below its 52 week high of $30.66. Both the RSI indicator and target price of 60.32 and $34.33 respectively, lead us to believe that it should be put on hold over the coming weeks.

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2015, the company had 569,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It also owned and operated 182 miles of gas gathering pipelines in the Marcellus Shale; and 110 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado. Antero Resources Corporation is a subsidiary of Antero Resources Investment LLC.

Helix Energy Solutions Group, Inc. (HLX) traded within a range of $7.89 to $8.37 after opening the day at $8.33. The company has seen its stock decrease in value by -9.07% so far this year. The stock was down close to -2.79% on active volume in last trading session and closed at $8.02 per share. After the recent fall, the stock is currently holding -32.43% below its 52 week high of $11.87 and 208.46% above its 12-month low of $2.6. The shares are down by over -20.36% in the last three months, and the RSI indicator value of 34.23 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Helix Energy Solutions Group, Inc., together with its subsidiaries, provides specialty services to the offshore energy industry primarily in the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. It operates through three segments: Well Intervention, Robotics, and Production Facilities. The company engineers, manages, and conducts well construction, intervention, and abandonment operations in water depths ranging from 200 to 10,000 feet; and operates remotely operated vehicles (ROVs), trenchers, and ROVDrills for offshore construction, maintenance, and well intervention services. It also offers well intervention; intervention engineering; production enhancement; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and life of field support. In addition, the company provides reclamation and remediation services; well plugging and abandonment services; pipeline abandonment services; and site inspections. Further, it engages in the installation of subsea pipelines, flowlines, control umbilicals, manifold assemblies, and risers; burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. Additionally, the company offers oil and natural gas processing services to oil and natural gas companies; and fast response system services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, alternative energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.

 

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