August 14, 2018 - 8:00 AM EDT
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Today's Research Reports on Trending Tickers: Transocean and Southwestern Energy

NEW YORK, NY / ACCESSWIRE / August 14, 2018 / U.S. markets continued to drop on Monday as the recent currency crisis in Turkey raised some concern amongst investors. The Dow Jones Industrial Average decreased 0.50 percent to close at 25,187.70, while the S&P 500 Index fell 0.40 percent to close at 2,821.93. The Nasdaq Composite Index shed 0.25 percent to close at 7,819.71.

"August is not a great month to begin with. There's not a lot of volume. I'm not going to use August as a fortune-telling month for the rest of the year," according to Jack Ablin, chief investment officer at Cresset Wealth Management. "In many respects you expect August to go in the opposite direction. … I think we just need to take August off and figure out what the game plan is for September," he added.

RDI Initiates Coverage on:

Transocean Ltd.
https://rdinvesting.com/news/?ticker=RIG

Southwestern Energy Company
https://rdinvesting.com/news/?ticker=SWN

Transocean's stock moved 8.36% lower Monday, to close the day at $11.51. The stock recorded a trading volume of 21,663,566 shares, which was above its three months average volume of 12,283,580 shares. In the last year, Transocean's shares have traded in a range of 7.20 - 14.34. The share price has gained 59.86% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $13.01 is above its 200-day moving average of $11.64. Shares of Transocean have fallen roughly 14.55 percent in the past month and are up 7.77 percent year-to-date.

Access RDI's Transocean Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=RIG

On Monday, shares of Southwestern Energy recorded a trading volume of 18,921,993 shares, which was above the three months average volume of 16,599,261 shares. The stock ended the day 3.96% lower at $5.34. The share price has fallen 20.54% from its 52 week high with a 52 week trading range of 3.42 - 6.72. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $5.29 is above its 200-day moving average of $4.60. Shares of the company are trading at a Price to Earnings ratio of 5.12. Shares of Southwestern Energy have fallen roughly 0.74 percent in the past month and are down 4.3 percent year-to-date.

Access RDI's Southwestern Energy Company Research Report at:
https://rdinvesting.com/news/?ticker=SWN

Our Actionable Research on Transocean Ltd. (NYSE:RIG) and Southwestern Energy Company (NYSE:SWN) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com


Source: ACCESSWIRE Investor Awareness (August 14, 2018 - 8:00 AM EDT)

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