• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 461181 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1414093368 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1414093368 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Stock to Watch: Ivanhoe Energy Down 9.9% (IVAN)

Published on Mon, 03/18/2013 - 10:25
By Adrienne Chilton

Ivanhoe Energy (NASDAQ:IVAN) is one of today's worst performing penny stocks, down 9.9% to $0.64 on 2.0x average daily volume. Thus far today, Ivanhoe Energy has traded 911,000 shares, vs. average volume of 459,000 shares per day. The stock has underperformed the Dow (-9.9% to the Dow's -0.3%) and underperformed the S&P 500 (-9.9% to the S&P's -0.5%) during today's trading.

Ivanhoe Energy (NASDAQ:IVAN) has potential upside of 19.5% based on a current price of $0.64 and analysts' consensus price target of $0.77. The stock should run into initial resistance at its 200-day moving average (MA) of $0.66 and subsequent resistance at its 50-day MA of $0.75.

Ivanhoe Energy, Inc. is an independent international oil and gas exploration and development company. The Company's technologies include upgrading heavy oil to light oil and converting natural gas to liquids. Ivanhoe operates in Canada the United States and China.

In the past 52 weeks, shares of Ivanhoe Energy have traded between a low of $0.41 and a high of $2.03 and are now at $0.64, which is 57% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has slid 0.3%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Susquehanna Bancshares Fall Be...

Susquehanna Bancshares (NASDAQ:SUSQ) traded at a new 52-week low today of $9.37. So fa ...

Watch for Continued Losses in Shares of ...

Shares of Seachange International (NASDAQ:SEAC) traded today at $6.56, breaking its 52- ...

Select Comfort Looks to Continue to Trad...

Select Comfort (NASDAQ:SCSS) traded today at a new 52-week high of $25.70. This new hi ...

Shares of Paramount Gold and Silver Have...

Paramount Gold and Silver (NYSE:PZG) traded today at a new 52-week low of $0.66. Appro ...

Shares of Precision Castparts Have Falle...

Precision Castparts (NYSE:PCP) traded today at a new 52-week low of $215.09. So far to ...

Watch for Continued Losses in Shares of ...

New Gold (AMEX:NGD) traded today at a new 52-week low of $4.20. Approximately 2.3 mill ...

Shares of Micron Technology Have Risen A...

Micron Technology (NASDAQ:MU) traded at a new 52-week high today of $31.37. This new h ...

Watch for Continued Gains in Shares of M...

Monster Worldwide (NASDAQ:MNST) traded at a new 52-week high today of $99.53. Approxim ...