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|January 2020 Options Now Available For Nabors Industries (NBR)
Monday, November 13, 10:43 AM ET, by Market News Video Staff
Investors in Nabors Industries Ltd (NBR) saw new options become available today, for the January ...
Bargain Bin Stocks: NBR Now 30.7% Cheaper Than Chief Financial Officer Restrepo's Buy
Friday, November 17, 10:27 AM ET, by Market News Video Staff
There's an old saying on Wall Street about insider buying: there are many possible reasons ...
Hugoton Royalty Trust About To Put More Money In Your Pocket (HGT)
Monday, November 27, 10:26 AM ET, by Market News Video Staff
On 11/29/17, Hugoton Royalty Trust (HGT) will trade ex-dividend, for its monthly dividend of $0.0069, ...
Short Interest In Ultra Petroleum Decreases By 20.3%
Wednesday, November 29, 2:12 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 11/15/2017 settlement date, which ...
Ex-Dividend Reminder: HP, Scorpio Tankers and Nabors Industries
Friday, December 8, 9:58 AM ET, by Market News Video Staff
On 12/12/17, HP Inc (HPQ), Scorpio Tankers Inc (STNG), and Nabors Industries Ltd (NBR) will ...
Shares of HGT Now Oversold
By Energy Stock Channel Staff, Wednesday, December 14, 11:30 AM ET
In trading on Wednesday, shares of Hugoton Royalty Trust (NYSE:HGT) entered into oversold territory, changing hands as low as $19.80 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In the case of Hugoton Royalty Trust , the RSI reading has hit 26.9 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 43.3, the RSI of WTI Crude Oil is at 48.4, and the RSI of Henry Hub Natural Gas is presently 32.0.
A bullish investor could look at HGT's 26.9 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
Looking at a chart of one year performance (below), HGT's low point in its 52 week range is $19.23 per share, with $24.67 as the 52 week high point — that compares with a last trade of $19.90. Hugoton Royalty Trust shares are currently trading down about 1.8% on the day.
HGT operates in the Oil & Gas Exploration & Production sector, among companies like Ultra Petroleum Corp. (NASDAQ:UPL) which is off about 3.8% today, and Nabors Industries Ltd. (NYSE:NBR) trading lower by about 4.3%. Below is a three month price history chart comparing the stock performance of HGT, versus UPL and NBR.
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