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

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.

 

Stocks in the Spotlight: Cobalt International Energy, Inc. (CIE), Xerox Corporation (XRX), The Chemours Company (CC)

Cobalt International Energy, Inc. (CIE) had a light trading with around 10.97M shares changing hands compared to its three month average trading volume of 4.99M. The stock traded between $0.7319 and $0.825 before closing at the price of $0.77 with -5.48% change on the day. The Houston Texas 77024 based company is currently trading -0.57% below its 52 week low of $0.73 and -79.91% below its 52 week high of $3.81. Both the RSI indicator and target price of 26.62 and $2.69 respectively, lead us to believe that it could rise over the coming weeks.

Cobalt International Energy, Inc., through its subsidiaries, operates as an oil and gas exploration and production company primarily in the deepwater U.S. Gulf of Mexico. The company holds interests in the North Platte, Shenandoah, Anchor, and Heidelberg fields located in the U.S. Gulf of Mexico; and the Diaba block located offshore Gabon. As of December 31, 2015, it had net proved undeveloped reserves of 5.6 million barrels (MMBbls) of oil; 0.3 MMBbls of natural gas liquids; and 1.8 billion cubic feet of natural gas. The company was founded in 2005 and is based in Houston, Texas.

Xerox Corporation (XRX) failed to extend gains with the stock declining -0.55% or $-0.04 to close the day at $7.26 on light trading volume of 10.67M shares, compared to its three month average trading volume of 13.64M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 29.81%, compared to the industry which has advanced 39.61% over the same period. With RSI of 63.19, 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.

The Chemours Company (CC) shares were up in last trading by 14.26% to $32.14. It experienced higher than average volume on day. The stock increased in value by almost 15.49% over the past week and grew 31.94% in the past month. It is currently trading 29.64% above its 50 day moving average and 104.81% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a 13.25% increase in value from its one year high of $32.78. The RSI indicator value of 80.29, lead us to believe that it may reverse gains in the near term.

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates in three segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. The Titanium Technologies segment produces and sells titanium dioxide (TiO2) under the Ti-Pure brand name to deliver whiteness, brightness, opacity, and protection in various applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, PVC window profiles, laminate papers, coated paper, and coated paperboard used for packaging. The Fluoroproducts segment provides fluoroproducts, such as hydrofluorocarbon refrigerants, and fluoropolymer resins and downstream products and coatings under the Teflon brand name. The Chemical Solutions segment offers industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries in North America. This segment provides cyanides; and performance chemicals and intermediates, such as clean and disinfect chemicals, aniline, methylamines, glycolic acid, Vazo free radical initiators, and reactive metals. The company was founded in 2014 and is headquartered in Wilmington, Delaware.

 

Worth Watching Stocks: Fitbit, Inc. (FIT), Glu Mobile Inc. (GLUU), Xerox Corporation (XRX)

Fitbit, Inc. (FIT) saw its value decrease by -0.69% as the stock dropped $-0.04 to finish the day at a closing price of $5.77. The stock was lighter in trading and has fluctuated between $5.62-$18.85 per share for the past year. The shares, which traded within a range of $5.62 to $5.81 during the day, are down by -33.68% in the past three months and down by -61.64% over the past six months. It is currently trading -14.63% below its 20 day moving average and -21.67% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $8 a share over the next twelve months. The current relative strength index (RSI) reading is 26.16.The technical indicator lead us to believe the stock will reverse recent losses any time soon.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

Glu Mobile Inc. (GLUU) shares were down in last trading by -12.45% to $2.18. It experienced higher than average volume on day. The stock decreased in value by almost -12.45% over the past week and fell -2.68% in the past month. It is currently trading -1.65% below its 50 day moving average and -3.4% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -45.5% decrease in value from its one year high of $4. The RSI indicator value of 41.61, lead us to believe that it is a hold for now.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, celebrity, sports, and simulation genre mobile games. It creates games based on its own brands, including Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, Tap Sports Baseball, and Tap Sports Football. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, Kendall and Kylie, Katy Perry Pop, James Bond: World of Espionage, Mission Impossible: Rogue Nation, and Sniper X With Jason Statham. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Francisco, California.

Xerox Corporation (XRX) traded within a range of $7.24 to $7.4 after opening the day at $7.36. The company has seen its stock increase in value by 26.26% so far this year. The stock was down close to -1.36% on light volume in last trading session and closed at $7.26 per share. After the recent fall, the stock is currently holding -1.76% below its 52 week high of $11.39 and 33.46% above its 12-month low of $6.46. The shares are up by over 19.78% in the last three months, and the RSI indicator value of 63.88 is neither bullish nor bearish, tempting investors to stay on the sidelines.

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.

 

Stocks in the Spotlight: Vanguard Natural Resources, LLC (VNR), Xerox Corporation (XRX), VEREIT, Inc. (VER)

Vanguard Natural Resources, LLC (VNR) had a light trading with around 11.25M shares changing hands compared to its three month average trading volume of 3.69M. The stock traded between $0.17 and $0.288 before closing at the price of $0.28 with 47.15% change on the day. The Houston Texas 77057 based company is currently trading 67.06% above its 52 week low of $0.17 and -89.4% below its 52 week high of $2.68. Both the RSI indicator and target price of 29.59 and $0 respectively, lead us to believe that it could rise over the coming weeks.

Vanguard Natural Resources, LLC, through its subsidiaries, acquires and develops oil and natural gas properties in the United States. It owns properties, and oil and natural gas reserves primarily located in 10 operating basins, including 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. As of December 31, 2015, the company had total estimated proved reserves of 2,289.3 million barrels of oil equivalent, as well as owned working interests in 14,459 gross productive wells and approximately 881,508 gross undeveloped acres. Vanguard Natural Resources, LLC was founded in 2006 and is headquartered in Houston, Texas. On February 1, 2017, Vanguard Natural Resources, LLC, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Xerox Corporation (XRX) managed to rebound with the stock declining 0% or $0 to close the day at $7.07 on light trading volume of 11.21M shares, compared to its three month average trading volume of 13.54M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 22.5%, compared to the industry which has advanced 34.84% over the same period. With RSI of 60.48, 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.

VEREIT, Inc. (VER) shares were up in last trading by 0.24% to $8.45. It experienced higher than average volume on day. The stock decreased in value by almost -0.94% over the past week and fell -4.2% in the past month. It is currently trading 0.45% above its 50 day moving average and -9.69% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -22.53% decrease in value from its one year high of $11.09. The RSI indicator value of 48.17, lead us to believe that it is a hold for now.

VEREIT, Inc. is a publicly owned real estate investment trust. It owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties. It was formerly known as American Realty Capital Properties, Inc. VEREIT, Inc. was founded in 2010 and is based in Phoenix, Arizona.

 

Stocks Buzz: Computer Sciences Corporation (CSC), Xerox Corporation (XRX), Fitbit, Inc. (FIT)

Computer Sciences Corporation (CSC) continued its upward trend with the stock climbing 11.12% or $7 to close the day at $69.95 on active trading volume of 8.22M shares, compared to its three month average trading volume of 1.73M. The Tysons Virginia 22102 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 121.89%, compared to the industry which has advanced 27.79% over the same period. With RSI of 76.65, the stock should still continue to rise and get closer to its one year target estimate of $66.92, making it a hold for now.

Computer Sciences Corporation, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates through two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers technology solutions comprising consulting, applications services, and software. This segment also provides applications services, which optimize and modernize clients’ business and technical environments that enable clients to capitalize on emerging services, such as cloud, mobility, and big data within new commercial models, including the ‘as a Service’ and digital economies; consulting services, which help organizations innovate, transform, and create sustainable competitive advantage; and vertically aligned software solutions and process-based intellectual property power mission-critical transaction engines in insurance, banking, healthcare and life sciences, manufacturing, and other diversified industries. The GIS segment offers managed and virtual desktop, unified communications and collaboration, data center management, cyber security, and compute and managed storage solutions to commercial clients. This segment also provides next-generation cloud offerings consisting of Infrastructure as a Service, private cloud solutions, CloudMail, and Storage as a Service. The company has a strategic partnership with HCL Technologies to create an applications modernization delivery network. Computer Sciences Corporation was founded in 1959 and is headquartered in Tysons, Virginia.

Xerox Corporation (XRX) retreated with the stock falling -0.28% or $-0.02 to close at $7.15 on active trading volume of 8.18M compared its three months average trading volume of 13.54M. The Norwalk Connecticut 06856 based company operating under the Information Technology Services industry has been trending up for the last 52 weeks, with the shares price now 19.66% up for the period and up by 24.35% so far this year. With price target of $8.44 and a 31.44% rebound from 52-week low, Xerox Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Fitbit, Inc. (FIT) failed to extend gains with the stock declining -0.65% or $-0.04 to close the day at $6.09 on higher than average trading volume of 7.91M shares, compared to its three month average trading volume of 12.85M. The San Francisco California 94105 based company has been outperforming the scientific & technical instruments companies by -52.6226% for last three months and its recent losses have pulled the stock down -16.8% YTD, versus the scientific & technical instruments industry which is up 4.6% for the same period. The RSI of 28.73 indicates the stock is oversold at the current levels, buy for now.

Fitbit, Inc. provides wearable health and fitness tracking devices. It offers various products, including Fitbit Zip, an entry-level wireless tracker that allows users to track daily activity statistics, such as steps, distance, calories burned, and active minutes; Fitbit One, a clippable wireless tracker, which tracks floors climbed and sleep, as well as daily steps, distance, calories burned, and active minutes; Fitbit Flex, a wristband-style tracker that tracks steps, distance, calories burned, active minutes, and sleep; and Fitbit Charge, an activity and sleep wristband, which tracks steps, distance, calories burned, active minutes, floors climbed, and sleep. The company also provides Fitbit Alta, a customizable wristband that offers call, text, and calendar notifications when paired with the user’s phone and SmartTrack automatic exercise recognition; and Fitbit Charge HR, a wireless heart rate and activity wristband. In addition, it offers Fitbit Blaze, a smart fitness watch that provides multi-sport functionality, tracks outdoor cycling activity, and provides run cues; Fitbit Surge, a fitness watch that features a GPS watch, heart rate tracker, activity tracker, and smartwatch; Aria, a Wi-Fi connected scale that tracks weight, body fat percentage, and body mass index; and Fitbit accessories that include bands and frames for Fitbit Blaze, bands for Fitbit Alta, colored bands for Fitbit Flex, colored clips for Fitbit One and Fitbit Zip, device charging cables, wireless sync dongles, band clasps, sleep bands, and Fitbit apparel. The company offers its products through consumer electronics and specialty retailers, e-Commerce retailers, sporting goods and outdoors retailers, and wireless carriers; and corporate wellness channels, as well as directly worldwide. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

 

3 Trending Stocks: Globalstar, Inc. (GSAT), Xerox Corporation (XRX), Sanchez Energy Corporation (SN)

Globalstar, Inc. (GSAT) continued its downward trend with the stock declining -5.06% or $-0.08 to close the day at $1.5 on light trading volume of 22.31M shares, compared to its three month average trading volume of 8.85M. The Covington Louisiana 70433 based company has been outperforming the wireless communications group over the past 52 weeks, with the stock gaining 28.21%, compared to the industry which has advanced 16.69% over the same period. With RSI of 53.14, the stock should still continue to rise and get closer to its one year target estimate of $6, making it a hold for now.

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. It also provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Simplex one-way transmission products to track cargo containers and rail cars, to monitor utility meters, to monitor oil and gas assets, and other applications. Further, it provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company primarily serves recreation and personal; government; public safety and disaster relief; oil and gas; maritime and fishing; natural resources, mining, and forestry; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2015, it served approximately 688,000 subscribers. The company has a collaboration agreement with Carmanah to design and manufacture solar powered M2M satellite solutions. The company was founded in 2003 and is headquartered in Covington, Louisiana. Globalstar, Inc. is a subsidiary of Thermo Funding II LLC.

Xerox Corporation (XRX) climbed 2.02% during last trading as the stock added $0.14 to finish the day at $7.07 with about 18.38M shares changing hands, compared to its three month average trading volume of 13.31M. The $7.17B market cap company, which fluctuated between $6.92 and $7.08 during the day, currently situated 29.97% above its 52 week low of $6.46 and -3.38% away from its one year high of $11.39. The RSI of 63.99 indicates the stock is neither overvalued nor undervalued at the current levels, 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.

Sanchez Energy Corporation (SN) saw its value decrease by -4.75% as the stock dropped $-0.63 to finish the day at a closing price of $12.63. The stock was higher in trading and has fluctuated between $2.51-$14.39 per share for the past year. The shares, which traded within a range of $12.41 to $13.39 during the day, are up by 98.27% in the past three months and up by 114.43% over the past six months. It is currently trading 9.4% above its 20 day moving average and 27.67% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $14.43 a share over the next twelve months. The current relative strength index (RSI) reading is 59.06. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Sanchez Energy Corporation, an independent exploration and production company, engages in the exploration, acquisition, and development of oil and natural gas resources in the onshore U.S. Gulf Coast. It holds a 93% working interest in the Eagle Ford Shale, which consists of approximately 200,000 net leasehold acres in the oil and condensate, or black oil and volatile oil located in South Texas; and a 65% working interest in the Tuscaloosa Marine Shale covering an area of approximately 62,000 net leasehold acres situated in Mississippi and Louisiana. The company was founded in 2011 and is headquartered in Houston, Texas.

 

Stocks in Review: WPX Energy, Inc. (WPX), New Residential Investment Corp. (NRZ), Xerox Corporation (XRX)

WPX Energy, Inc. (WPX) traded within a range of $13.53 to $14.34 after opening the day at $14.31. The company has seen its stock decrease in value by -3.29% so far this year. The stock was down close to -1.33% on active volume in last trading session and closed at $14.09 per share. After the recent fall, the stock is currently holding -12.86% below its 52 week high of $16.17 and 301.42% above its 12-month low of $3.51. The shares are up by over 21.05% in the last three months, and the RSI indicator value of 52.76 is neither bullish nor bearish, tempting investors to stay on the sidelines.

WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. Its principal areas of operation include the Permian Basin in Texas and New Mexico, the Williston Basin in North Dakota, and the San Juan Basin in New Mexico and Colorado. As of December 31, 2014, the company had proved reserves of 583 million barrels of oil equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma.

New Residential Investment Corp. (NRZ) failed to extend gains with the stock declining -3.75% or $-0.61 to close the day at $15.66 on light trading volume of 10.74M shares, compared to its three month average trading volume of 2.39M. The New York New York 10105 based company has been outperforming the reit – residential group over the past 52 weeks, with the stock gaining 57.34%, compared to the industry which has advanced 10.09% over the same period. With RSI of 42.7, the stock should still continue to rise and get closer to its one year target estimate of $16.25, making it a hold for now.

New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, including the basic fee component of the related MSRs. It also acquires and manages a diversified portfolio of credit sensitive real estate securities, such as non-agency and agency residential mortgage backed securities; and acquires residential mortgage loans comprising performing, non-performing, re-performing, and reverse mortgage loans. In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2011 and is based in New York, New York.

Xerox Corporation (XRX) dropped $-0.03 to close the day at a new closing price of $6.95, a -0.43% decrease in value from its previous closing price that moved the stock 27.77% above its 52 week low of $6.46. A total of 10.66M shares exchanged hands during the day compared with its three month average trading volume of 12.89M. The stock, which fluctuated between $6.85 and $6.97 during the day, currently situated -5.02% below its 52 week high. The stock is up by 20.46% in the past one month and up by 11.19% over the past three months. With a one year target estimate of $8.88 and RSI of 60.03, the stock still has upside potential, 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.

 

Stocks on the Move: Xerox Corporation (XRX), The AES Corporation (AES), Range Resources Corporation (RRC)

Xerox Corporation (XRX) managed to rebound with the stock climbing 0.29% or $0.02 to close the day at $6.98 on active trading volume of 7.66M shares, compared to its three month average trading volume of 12.87M. The Norwalk Connecticut 06856 based company has been outperforming the information technology services group over the past 52 weeks, with the stock gaining 18.59%, compared to the industry which has advanced 30.98% over the same period. With RSI of 61.68, the stock should still continue to rise and get closer to its one year target estimate of $8.88, 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.

The AES Corporation (AES) climbed 1.6% during last trading as the stock added $0.18 to finish the day at $11.4 with about 7.49M shares changing hands, compared to its three month average trading volume of 5.54M. The $7.51B market cap company, which fluctuated between $11.24 and $11.47 during the day, currently situated 32.43% above its 52 week low of $8.88 and -13.61% away from its one year high of $13.32. The RSI of 45.4 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels to generate electricity, including natural gas, coal, hydro, wind, energy storage, oil, diesel, petroleum coke, biomass, landfill gas, and solar. The company owns and/or operates a generation portfolio of approximately 29,352 megawatts. It has operations in the United States, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was founded in 1981 and is headquartered in Arlington, Virginia.

Range Resources Corporation (RRC) saw its value increase by 3.69% as the stock gained $1.27 to finish the day at a closing price of $35.71. The stock was higher in trading and has fluctuated between $21.69-$46.96 per share for the past year. The shares, which traded within a range of $34.95 to $36.4 during the day, are up by 2.23% in the past three months and down by -12.28% over the past six months. It is currently trading 5.28% above its 20 day moving average and 2.14% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $47.71 a share over the next twelve months. The current relative strength index (RSI) reading is 59.34. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. The company holds interests in developed and undeveloped natural gas and oil leases in the Appalachian region of the United States. It owns and operates 4,462 net producing wells and approximately 905,000 net acres under lease in the Appalachian region; and 444 net producing wells and approximately 308,000 net acres under lease in the Texas Panhandle, as well as in the Anadarko Basin of western Oklahoma, the Nemaha Uplift of Northern Oklahoma and Kansas, the Permian Basin of West Texas, and Mississippi. The company markets and sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to natural gas processors or users of NGLs; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. As of December 31, 2015, it had proved reserves of 9.9 trillion cubic feet of natural gas equivalents. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1975 and is headquartered in Fort Worth, Texas.

 

Stocks in the Spotlight: Steel Dynamics, Inc. (STLD), Cliffs Natural Resources Inc. (CLF), Xerox Corporation (XRX)

Steel Dynamics, Inc. (STLD) had a active trading with around 9.59M shares changing hands compared to its three month average trading volume of 3.97M. The stock traded between $33.89 and $35.74 before closing at the price of $35.67 with 5.35% change on the day. The Fort Wayne Indiana 46804 based company is currently trading 125.7% above its 52 week low of $16.89 and -10.87% below its 52 week high of $40.17. Both the RSI indicator and target price of 48.15 and $40.27 respectively, lead us to believe that it should be put on hold over the coming weeks.

Steel Dynamics, Inc., together with its subsidiaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the United States and internationally. The company operates through Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations segments. The Steel Operations segment provides a range of sheet steel products, such as hot roll, cold roll, and coated steel products; structural steel beams and pilings to construction market; various rail products for the railroad industry; rounds, round-cornered squares, and round engineered bars; angles, merchant rounds, flats and channels, and reinforcing bar; and beams, channels, and specialty steel sections. This segment offers its products for automotive, construction, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. The Metals Recycling Operations segment is involved in the purchase, process, and resale of ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, management, marketing, brokerage, and consulting services related to the scrap industry. The Steel Fabrication Operations segment produces steel building components comprising steel joists, girders, trusses, and steel decks primarily for the non-residential construction industry. The company also produces pig and hot briquetted iron; and iron nugget products that are used in electric arc furnace steel mills. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

Cliffs Natural Resources Inc. (CLF) continued its downward trend with the stock declining -1.11% or $-0.1 to close the day at $8.87 on active trading volume of 9.34M shares, compared to its three month average trading volume of 14.67M. The Cleveland Ohio 44114 based company has been outperforming the industrial metals & minerals group over the past 52 weeks, with the stock gaining 491.33%, compared to the industry which has advanced 122.36% over the same period. With RSI of 46.53, the stock should still continue to rise and get closer to its one year target estimate of $8, making it a hold for now.

Cliffs Natural Resources Inc., a mining and natural resources company, produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore. It also own two iron ore mines in Eastern Canada. Cliffs Natural Resources Inc. sells its iron products to integrated steel companies and steel producers in the United States, China, Canada, and internationally. The company was formerly known as Cleveland-Cliffs Inc. Cliffs Natural Resources Inc. was founded in 1847 and is headquartered in Cleveland, Ohio.

Xerox Corporation (XRX) shares were down in last trading by -0.57% to $6.96. It experienced lighter than average volume on day. The stock increased in value by almost 0.29% over the past week and grew 18.07% in the past month. It is currently trading 9.29% above its 50 day moving average and 9.69% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -4.88% decrease in value from its one year high of $11.39. The RSI indicator value of 61.54, lead us to believe that it is 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.

 

Stocks Roundup: Xerox Corporation (XRX), Morgan Stanley (MS), Kinder Morgan, Inc. (KMI)

Xerox Corporation (XRX) grew with the stock adding 0.73% or $0.05 to close at $6.94 on light trading volume of 12.15M compared its three months average trading volume of 12.59M. The Norwalk Connecticut 06856 based company operating under the Information Technology Services industry has been trending up for the last 52 weeks, with the shares price now 19.59% up for the period and up by 20.7% so far this year. With price target of $8.74 and a 27.58% rebound from 52-week low, Xerox Corporation has plenty of upside potential, making it a hold with a view buy.

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.

Morgan Stanley (MS) had a light trading with around 12.13M shares changing hands compared to its three month average trading volume of 12.2M. The stock traded between $42.03 and $43.13 before closing at the price of $42.73 with 1.84% change on the day. The New York New York 10036 based company is currently trading 105.67% above its 52 week low of $21.16 and -4.19% below its 52 week high of $44.6. Both the RSI indicator and target price of  and $46.37 respectively, lead us to believe that it could rise over the coming weeks.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; and corporate lending services, credit products, and investments and research services. Its Wealth Management segment offers various financial services and solutions covering brokerage and investment advisory services, market-making services in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, and banking and retirement plan services to individual investors, small-to-medium sized businesses, and institutions. The company’s Investment Management segment provides various investment strategies and products comprising asset management, including equity, fixed income, liquidity, alternatives, and managed futures products. This segment is also involved in merchant banking and real estate investing businesses. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Kinder Morgan, Inc. (KMI) saw its value increase by 2.17% as the stock gained $0.48 to finish the day at a closing price of $22.62. The stock was lighter in trading and has fluctuated between $13.26-$23.36 per share for the past year. The shares, which traded within a range of $22.18 to $22.73 during the day, are up by 7.8% in the past three months and up by 9.77% over the past six months. It is currently trading 4.21% above its 20 day moving average and 5.2% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $25.33 a share over the next twelve months. The current relative strength index (RSI) reading is 62.63.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. It operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline and storage systems; natural gas and crude oil gathering systems, and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas facilities. The CO2 segment produces, transports, and markets CO2 for use in enhanced oil recovery projects; and owns interests in oil-producing fields, gas processing plants, and crude oil pipelines in the Permian Basin region of West Texas. The Terminals segment owns and operates liquids and bulk terminals that transload and store refined petroleum products, crude oil, and condensate, as well as bulk products, including coal, petroleum coke, cement, alumina, salt, and other bulk chemicals; and owns and operates tankers. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Kinder Morgan Canada segment owns and operates Trans Mountain pipeline system that transports crude oil and refined petroleum products from Edmonton, Alberta, and Canada to marketing terminals and refineries in British Columbia, Canada, and Washington; and jet fuel aviation turbine fuel pipeline that serves the Vancouver (Canada) International Airport. The Other segment includes various physical natural gas contracts with power plants. Kinder Morgan, Inc. owns interests in or operates approximately 84,000 miles of pipelines and 180 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.