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|Hugoton Royalty Trust Breaks Above 200-Day Moving Average - Bullish for HGT
Friday, August 23, 11:04 AM ET, by Market News Video Staff
In trading on Friday, shares of Hugoton Royalty Trust (HGT) crossed above their 200 day ...
HGT Ex-Dividend Reminder - 8/28/13
Monday, August 26, 10:37 AM ET, by Market News Video Staff
On 8/28/13, Hugoton Royalty Trust (HGT) will trade ex-dividend, for its monthly dividend of $0.0824, ...
Nabors Industries Ltd. About To Put More Money In Your Pocket (NBR)
Tuesday, September 3, 11:36 AM ET, by Market News Video Staff
On 9/4/13, Nabors Industries Ltd. (NBR) will trade ex-dividend, for its quarterly dividend of $0.04, ...
UPL Crosses Below Key Moving Average Level
Tuesday, September 10, 11:28 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Ultra Petroleum Corp. (UPL) crossed below their 200 day ...
Nabors Industries Ltd. Becomes #214 Most Shorted S&P 500 Component, Replacing NVIDIA Corp
Thursday, September 12, 4:16 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 08/30/2013 ...
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. (NYSE: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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