Vivint Solar Inc (NYSE:VSLR) climbed 8.93% during last trading as the stock added $0.25 to finish the day at $3.05 with about 1.16M shares changing hands, compared to its three month average trading volume of 1.82M. The $ 342.82M market cap company, which fluctuated between $2.81 and $3.08 during the day, currently situated 41.20% above its 52 week low of $2.16 and -80.94% away from its one year high of $16.00. The RSI of 49.27 indicates the stock is overbought at the current levels, sell for now.
Vivint Solar, Inc. primarily offers distributed solar energy, which is electricity generated by a solar energy system installed at or near customers’ locations to residential customers based on over 20-year contracts. The Company operates through two operating segments: Residential, and commercial and industrial market (C&I).
Vanguard Natural Resources, LLC (NASDAQ:VNR) gained $0.11 to close the day at a new closing price of $1.35, a 8.87% increase in value from its previous closing price that moved the stock 26.17% above its 52 week low of $1.07. A total of 2.00M shares exchanged hands during the day compared with its three month average trading volume of 1.06M. The stock, which fluctuated between $1.24 and $1.43 during the day, currently situated -51.39% below its 52 week high. The stock is down by -20.70% in the past one month and down by -13.03% over the past three months. With a one year target estimate of $8.79 and RSI of 34.87, the stock still has upside potential, making it a hold for now.
Vanguard Natural Resources, LLC is focused on the acquisition and development of oil and natural gas properties in the United States. Through its operating subsidiaries, the Company owns properties, and oil and natural gas reserves primarily located in over 10 operating basins: the Green River Basin in Wyoming; the Permian Basin in West Texas and New Mexico; the Gulf Coast Basin in Texas, Louisiana, Mississippi and Alabama; the Anadarko Basin in Oklahoma and North Texas; the Piceance Basin in Colorado; the Big Horn Basin in Wyoming and Montana; the Arkoma Basin in Arkansas and Oklahoma; the Williston Basin in North Dakota and Montana; the Wind River Basin in Wyoming, and the Powder River Basin in Wyoming.
Meritor Inc (NYSE:MTOR) had a light trading with around 2.05M shares changing hands compared to its three month average trading volume of 1.05M. The stock traded between $6.55 and $7.10 before closing at the price of $7.01 with 8.85% change on the day. The company is currently trading 23.20% above its 52 week low of $6.55 and 7.10% above its 52 week high of $14.42. Both the RSI indicator and target price of 34.87 and $8.79 respectively, lead us to believe that it could drop over the coming weeks.
Meritor, Inc. is engaged in the development, manufacture, sale, assembly, distribution, import and export of movement control systems for buses, trailers and trucks and their parts and components. It serves commercial truck, trailer, bus and coach and off-highway machinery manufacturers. The Company’s segments include commercial truck and industrial, and aftermarket and trailer.