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Stocks in the Spotlight: Southwestern Energy Company (SWN), Xerox Corporation (XRX), CF Industries Holdings, Inc. (CF)

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Southwestern Energy Company (SWN) had a light trading with around 11.12M shares changing hands compared to its three month average trading volume of 14.05M. The stock traded between $8.86 and $9.14 before closing at the price of $9.03 with 1.46% change on the day. The Spring Texas 77389 based company is currently trading 70.38% above its 52 week low of $5.3 and -42.08% below its 52 week high of $15.59. Both the RSI indicator and target price of 42.1 and $13.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

Southwestern Energy Company, an independent natural gas and oil company, explores for, develops, and produces natural gas and oil primarily in the United States. It operates through two segments, Exploration and Production and Midstream Services. The company focuses on the Marcellus Shale, an unconventional natural gas reservoir covering approximately 270,335 net acres in northeast Pennsylvania; and the Fayetteville Shale, an unconventional natural gas reservoir covering approximately 957,641 net acres in Arkansas. It also engages in the exploration and production activities in Colorado and Louisiana. In addition, the company is involved in gathering, marketing, and transporting natural gas, and oil and natural gas liquids. As of December 31, 2015, it had a pipeline of 2,044 miles in Arkansas and 16 miles in Louisiana in its gathering systems. The company’s estimated proved natural gas and oil reserves comprised 6,215 billion cubic feet of natural gas equivalent (Bcfe); and had 443 Bcfe of proved undeveloped reserves. Southwestern Energy Company was founded in 1929 and is based in Spring, Texas.

Xerox Corporation (XRX) failed to extend gains with the stock declining -0.13% or $-0.01 to close the day at $7.47 on light trading volume of 10.84M shares, compared to its three month average trading volume of 13.67M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 27.46%, compared to the industry which has advanced 35.14% over the same period. With RSI of 70.52, the stock should still continue to rise and get closer to its one year target estimate of $8.44, making it a hold for now.

Xerox Corporation provides business process and document management solutions worldwide. Its Services segment offers business process outsourcing services, such as customer care, transaction processing, finance and accounting, human resources, communication and marketing, and consulting and analytics services, as well as services in the areas of healthcare, transportation, financial services, retail, and telecommunications areas. This segment also provides document outsourcing services comprising managed print services, including workflow automation and centralized print services. The company’s Document Technology segment offers desktop monochrome and color printers, multifunction printers, copiers, digital printing presses, and light production devices; and production printing and publishing systems for the graphic communications marketplace and large enterprises. Its Other segment sells paper, wide-format systems, global imaging systems network integration solutions, and electronic presentation systems. The company sells its products and services directly to its customers; and through its sales force, as well as through a network of independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.

CF Industries Holdings, Inc. (CF) shares were down in last trading by -5.04% to $34.49. It experienced higher than average volume on day. The stock decreased in value by almost -1.29% over the past week and grew 4.86% in the past month. It is currently trading 5.47% above its 50 day moving average and 26.38% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -7.21% decrease in value from its one year high of $37.72. The RSI indicator value of 50.2, lead us to believe that it is a hold for now.

CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizers and other nitrogen products worldwide. The company operates through Ammonia, Granular Urea, UAN, AN, Other, and Phosphate segments. Its primary nitrogen fertilizer products include ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate. The company also provides diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia as well as compound fertilizer product, such as nitrogen, phosphorus, and potassium fertilizer. It offers products primarily to cooperatives, independent fertilizer distributors, farmers, and industrial users. CF Industries Holdings, Inc. was founded in 1946 and is based in Deerfield, Illinois.

 

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