Basic Material Stocks Moving Ahead of SMA 50 with Average Market Volume Over Two Million – HERO, TC, SWC, LNG, LYB

Moving average is a technical analysis term showing the median price of a stock over a specified time period. Simple moving average is used to spot pricing trends by flattening out big fluctuations.

Simple moving average is perhaps the most commonly used variable in technical analysis. Simple moving average data is used to make charts that indicate whether a security’s price is trending up or down.

Simple moving average can be used to track daily, weekly, or monthly patterns. Generally the shorter the time frame used, the more volatile the prices will appear for example, SMA 20 day lines tend to move up and down more than SMA 200 day moving average lines. In this article we will discuss top five basic materials stocks with average market volume over two million and moving ahead of SMA 50.

Hercules Offshore, Inc (NASDAQ:HERO) has market capitalization of 1.07 billion. Shares price of company moving ahead of its 20 days moving average with 7.11% and remote positively to its 50 days moving average with 23.74%. Shares of the company were ahead of SMA 200 with 49.13%. Total outstanding shares were 158.59 million.  Institutional investors own 76% stock of the company. The company earned -$152.08 million in previous 12 months.

Thompson Creek Metals Company Inc (USA) (NYSE:TC) has the market capitalization of 705.28 million. Its 168.73 million shares were outstanding. Shares of the company were moving ahead of its 50 days moving average with 21.11% and remote positively to its 200 days moving average with 17.18%. Price to book ratio of the company was 0.37 while its price to cash ratio was 1.96. Beta, which measures the risk associated with the stock, was 2.69.

Stillwater Mining Company (NYSE:SWC) is the thirds best stock in basic materials sector who’s shares moving ahead of SMA 50. SWC has the market capitalization of 1.64 billion while its EPS was $0.49. Total outstanding shares were 116.81 million while institutions own 73% stock. Shares of the company were moving ahead of 50 days simple moving average with 17.97% and remote positively to its 200 days moving average with 33.71%. ROE ratio of the company was 7.06% and ROA ratio was 4.53%.

Cheniere Energy, Inc (NYSEAMEX:LNG) has 4.54 billion market capitalizations while 223.34 million shares were outstanding. The beta factor for the stock was 0.93 and ATR value was 0.50. Institutional investors own 76.60% stake in the LNG. The company shares were ahead of SMA 50 with 17.21% while head off SMA 200 with 29.50%. Stock volatility for the week was booked as 1.63% while for the month was 2.67%.

Finally let’s have a quick look on last stock of the group LyondellBasell Industries NV (NYSE:LYB). Shares of the company were moving ahead of 50 days simple moving average with 17.09% while SMA 200 with 39.20%. ROE ratio of the company was 17% while ROI was 10.365%. In the liquidity analysis, current ratio was 2.78 while quick ratio was 1.69. The company earned $2.24 billion in previous twelve months on revenue of $45.24 billion. The company will report financial results for current quarter on Feb 01.

Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.