Rex Energy Corporation (REXX) continued its upward trend with the stock climbing 18.12% or $0.13 to close the day at $0.88 on higher than average trading volume of 20.99M shares, compared to its three month average trading volume of 2.41M. The State College Pennsylvania 16801 based company has been underperforming the oil & gas drilling & exploration companies by 62.9555% for last three months and its recent gains have pushed the stock slightly up 87.23% YTD, versus the oil & gas drilling & exploration industry which is up 5.81% for the same period. The RSI of 85.26 indicates the stock is overbought at the current levels, sell for now.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, as well as on developmental oil drilling on its properties in the Illinois Basins. As of December 31, 2015, it had estimated proved reserves of 680.4 billion cubic feet equivalent; and owned interests in approximately 1,819 oil and natural gas wells. Rex Energy Corporation was founded in 2007 and is headquartered in State College, Pennsylvania.
Regions Financial Corporation (RF) had a light trading with around 20.63M shares changing hands compared to its three month average trading volume of 22.78M. The stock traded between $13.65 and $14.04 before closing at the price of $14.03 with 1.81% change on the day. The Birmingham Alabama 35203 based company is currently trading 105.56% above its 52 week low of $7 and -6.03% below its 52 week high of $14.93. Both the RSI indicator and target price of 46.96 and $15.1 respectively, lead us to believe that it should be put on hold over the coming weeks.
Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The companys Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. Its Wealth Management segment offers wealth management products and services, including credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and personal and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. The company also provides insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health, and accident insurance, as well as commercial crop, life, and environmental insurance; and commercial equipment financing products, as well as offers securities, insurance, and advisory services through financial consultants. In addition, it offers securities brokerage, merger and acquisition advisory, trust, and other specialty financing services. As of December 31, 2015, the company operated 1,627 banking offices and 1,962 ATMs in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.
Sirius XM Holdings Inc. (SIRI) traded within a range of $4.54 to $4.6 after opening the day at $4.59. The company has seen its stock increase in value by 3.37% so far this year. The stock was up close to 0.66% on light volume in last trading session and closed at $4.6 per share. After the recent gain, the stock is currently holding -1.39% below its 52 week high of $4.66 and 40.16% above its 12-month low of $3.29. The shares are up by over 12.19% in the last three months, and the RSI indicator value of 54.89 is neither bullish nor bearish, tempting investors to stay on the sidelines.
Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.