• 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 = 446286 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 >= 1419279804 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 >= 1419279804 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

RPC Trading Lower on 1.5x Above-Average Volume (RES)

Published on Thu, 02/21/2013 - 14:17
By Robert Cotter

The price of RPC shares has slipped to $15.79 (a 5.1% change) on heavy trading volume. Today's volume of 1.3 million shares tops the average 30-day volume of 833,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

RPC (NYSE:RES) is currently priced 8.2% above its average consensus analyst price target of $14.50. The stock should find initial support at its 50-day moving average (MA) of $13.92 and further support at its 200-day MA of $12.30.

RPC, Inc. provides specialized oilfield services and equipment to independent and major oilfield companies. The Company's services include snubbing services, coiled tubing services, pressure pumping services, marine services, firefighting and well control, and rental of drill pipe and other equipment.

Over the past year, RPC has traded in a range of $8.75 to $17.40 and is now at $15.79, 81% above that low. The 200-day and 50-day moving averages have moved 0.50% higher and 1.41% higher over the past week, respectively.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Quest Diagnostics (NYSE:DGX) traded at a new 52-week high today of $67.13. So far toda ...

Shares of EI Du Pont de Nemours Rise to ...

Shares of EI Du Pont de Nemours (NYSE:DD) traded at a new 52-week high today of $73.85. ...

DCT Industrial Trust: 52-Week High Recen...

DCT Industrial Trust (NYSE:DCT) traded today at a new 52-week high of $35.26. This new ...

Dominion Resources: The Winning Streak C...

Dominion Resources (NYSE:D) traded at a new 52-week high today of $76.97. This new hig ...

Shares of Cypress Semiconductor Rise to ...

Cypress Semiconductor (NYSE:CY) traded today at a new 52-week high of $14.43. This new ...

Corrections of America: The Winning Stre...

Corrections of America (NYSE:CXW) traded today at a new 52-week high of $37.62. So far ...

CVS Caremark: 52-Week High Recently Ecli...

Shares of CVS Caremark (NYSE:CVS) traded today at $97.00, breaking its 52-week high. T ...

Shares of CubeSmart Have Risen Above Pre...

Shares of CubeSmart (NYSE:CUBE) traded at a new 52-week high today of $22.80. This new ...