Dallas, TX -- (SBWIRE) -- 03/21/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Turquoise Hill Resources Ltd (USA) (NYSE:TRQ) went down 1.94% and closed at $6.57. The 52-week range for the stock is $46.12 and $1.04. The Company has Price/Sales ratio of 0.69 and Price/Book ratio of 1.32. The 50-Day Moving Average and 200-Day Moving Average prices is $7.12 and $7.98 respectively. Turquoise Hill Resources Ltd., formerly Ivanhoe Mines Ltd., is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia.
How Should Investors Trade TRQ After The Recent Price movement? Find out Here
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) declined 1.88% and closed at $24.09. Earlier of this month, the Company reported that for the month of February 2013, the Company had an average of 201 drilling rigs operating, including 189 rigs in the United States and 12 rigs in Canada. For the two months ended February 28, 2013, the Company had an average of 199 drilling rigs operating, including 188 rigs in the United States and 11 rigs in Canada.
Is PTEN a Strong Buying Opportunity After The Recent Slump? Find out Here
Resource Capital Corp. (NYSE:RSO) decreased 1.75% and closed at $6.73. The Company announced that it will pay a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from January 31, 2013 through and including April 30, 2013 in the amount of $0.53125 per share. The dividend will be payable on April 30, 2013 to holders of record on April 1, 2013. Resource Capital Corp. will also pay a cash dividend on its 8.25% Series B Cumulative Redeemable Preferred Stock for the period from January 31, 2013.
Is RSO a Buy After The Latest Price Action? Find Out Here
MGIC Investment Corp. (NYSE:MTG) slipped 1.68% and the last traded price was $4.68. Earlier, Mortgage Guaranty Insurance Corporation announced the availability of MGIC mortgage insurance rates and eligibility to lenders through LoanSifter, the leading provider of product eligibility and pricing solutions for the mortgage banking industry.
Is MTG a Buy After The Latest Price Action? Find Out Here
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