NASDAQ Basic Materials Sector Noticeable Price Jumps in focus: (FXEN, HERO, DPTR, ATPG, ROSE)
FX Energy, Inc. (NASDAQ:FXEN) is an independent oil and gas exploration and production company with principal production, reserves, and exploration activities in Poland and oil production and oilfield service activities in the United States. It jumped up by 18.84% and closed at $11.73 whereas overall traded volume stood at 1.66 million shares for the day. Its price to earnings ratio stands at 83.79 times till its last trading session. The RSI value of 76.73 times depicts that the current share value is in highly overbought level.
Hercules Offshore, Inc. (NASDAQ:HERO) provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally. It went up by 17.73% to close at $4.98 with total traded volume of 16.42 million shares in the last trading day. The share price is highly reactive to market index as its beta value stands at 3.05 times till its last trading session. The current market price is 40.25% more than its last 50 days simple moving average.
Delta Petroleum Corp. (NASDAQ:DPTR) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production, and sale of, natural gas and crude oil. It closed at $0.99 after surging by 15.13% whereas traded volume stood at 9.21 million shares for the day. Its outstanding shares stood at 285.22 million and its total market capitalization arrived at $282.40 million.
ATP Oil & Gas Corporation (NASDAQ:ATPG) is engaged in the acquisition, development and production of oil and natural gas properties in the Gulf of Mexico and the United Kingdom and Dutch Sectors of the North Sea (the North Sea). It went up by 7.87% to close at $19.88 with overall traded volume of 3.26 million shares in the last trading day. The current market price is 16.80% more than its last 50 days simple moving average.
Rosetta Resources Inc. (NASDAQ:ROSE) is an independent oil and gas company engaged in the exploration, development, acquisition and production of oil and gas properties. It gained by 6.51% and closed at $45.46 whereas total traded volume stood at 2.28 million share for the day. The company stands in profit with the profit margin of 10.02%.