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Tag: AR

  • A Snap of the Top Up & Down Movers of Past Week in the Crypto World

    A Snap of the Top Up & Down Movers of Past Week in the Crypto World

    The crypto world is bleeding red — investors are in a frenzy — the Kind and Queen are both in a downtrend. But even at times when fear is looming overhead and investors are treading low and slow, there are still coins/tokens making some good gains. Here are the top five gainers of the past seven days to watch out for:

    BarnBridge (BOND)

    Launched in 2020, BarnBridge (BOND) is a protocol for tokenizing risks. This altcoin from the DeFi sector has outperformed the market in the past seven days, as it gears up for its next phase, the anticipated release of version two (V2). Trading at $19.44 at the present, BarnBridge (BOND) has declined by 5.28% in the past 24 hours. This comes after a gain of 109.27% in the past seven days.

    Neoteric (NTRC)

    A soft fork of the RFI and Liquid on ERC-20, Neoteric (NTRC) has the combination token-mechanics of RFI and LIQ. The frictionless Yield Generation (Hold and Earn) and Perpetual liquidity meta-market-making mechanism of which grows liquidity with the execution of trades. In the past seven days, NTRC gained 134.88% while it has added 70.43% in the past 24 hours. Neoteric (NTRC) is currently trading at $0.004666.

    Saudi Shiba Inu (SAUDISHIB)

    A decentralized Finance (DeFi) token on the Binance Smart Chain (BSC), Saudi Shib Inu (SAUDISHIB) has an NFT platform and owns NFT collections. Moreover, the auto staking feature of the token imparts benefits to the holders from the reflections on every transaction. Currently, Saudi Shib Inu (SAUDISHIB) is hovering at $0.000000001063 with a decline of 42.13% in the past 24 hours. The token went up by 47.84% in the past seven days.

    Grove (GVR)

    Built for the future of our planet, Grove (GVR) is a decentralized, secure green token. Grove (GVR) promises a healthier and wealthier future in an environmentally conscious way. In the past seven days, Grove (GVR) shot up by 17.98%. The token is present in the red with a decline of 27.86% at a price of $0.00000000143.

    SpaceMine (MINE)

    SpaceMine (MINE) makes a solar planet metaverse where users mine minerals on planets. The minerals are then swapped with its tokens (MINE), which in turn are cashed in listed exchanges. SpaceMine (MINE) has continued trading in the green with seven-day gains at 140.39% and the past 24-hours gain at 6.18%. Currently, the token is trading at a price of $0.4106. Before this, the token managed to amass 12.12%% in the past seven days.

    Given the market situation and the wider bearish sentiment, there is no shortage of losers in the crypto world. Let’s have a look at the top five losers in the past seven days:

    Arweave (AR)

    Arweave is a decentralized storage network that hosts “the permaweb” — a decentralized web that has numerous community-driven applications and platforms. Arweave is focused on managing world-archived data to ensure zero tampering. Arweave (AR) spent the past seven days in the red with losses of over 16.83%. The token has added 1.25% in the past 24 hours at the current price of $12.47.

    Solana (SOL)

    Providing DeFi solutions, Solana (SOL) banks on blockchain technology’s permissionless nature. This highly functional open-source project has an innovative hybrid consensus model. Many experts anticipate the token to go big in the upcoming years despite the current bearishness. Solana (SOL) suffered quite a bit in the past seven days as it shed over 16.18%. The token is currently trading at $36.77, adding 2.47% in the past 24 hours.

    Aave (AAVE)

    Aave (AAVE), a decentralized finance protocol, allows users to lend and borrow cryptocurrencies. The token had been making some moves as DeFi recoveries gave a flicker of hope to crypto. But alas, the uptick could only last so long as the token then succumbed to corrections. AAve (AAVE) hence lost a value of 14.91% in the past seven days and is now trading at $82.22. This suggests an uptrend of 1.27% in the past 24 hours.

    Quant (QNT)

    Launched in June 2018, Quant (QNT) is the first project that solved the interoperability problem. It did so by creating the first blockchain operating system. With the aim of bridging the gap between different blockchains, Quant (QNT) is built as an operating system distributed ledger technology — and Overledger Network.  In the past seven days, Quant (QNT) has declined by 9.57%. The token is now trading at $95.02 with a gain of 14.48% in the past 24 hours.

    TerraClassicUSD (USTC)

    A decentralized, algorithmic stablecoin of the Terra blockchain, TerraUSD (USTC) is a scalable, yield-bearing coin. Value-pegged to the U.S. Dollar, TerraUSD (USTC) promises a higher level of scalability, interest rate accuracy as well as interchain usage. Having plunged by 9.93% in the past seven days, USTC is now trading at $0.03736. This marks an increase of 12.01% in the past 24 hours.

  • Coins with the most Movement this Week

    Coins with the most Movement this Week

    Top Weekly Gainers

    Trust Wallet Token (TWT)

    Trust wallet is a multi-wallet that supports different blockchains. Just like metamask, it is available on smartphones which makes it easy to take control of. At the time of writing, the native token is at the price of almost $0.8957. In the past 7 days, the price has increased by almost 9.43%. TWT is ranked 87th according to coinmarketcap.

    Qtum (QTUM)

    Built on the UTXO model, QTUM is a blockchain that is built on Proof of Stake. It also contains smart contracts for the development of different Defi applications. At the time of writing, Qtum has increased by almost 7.35%. Right now, it stands at the price of almost $3.34. QTUM is ranked 92nd according to coinmarketcap.

    Eos (EOS) 

    EOS is a blockchain that aims to be a network where developers can create Defi applications (DApps). At the time of writing, EOS is being traded at the price of almost $1.10. In the past week, the price of EOS has increased by 6.46%. Today, the price of EOS has decreased by almost 5%. EOS is ranked 45th according to coinmarketcap.

    Bitcoin Gold (BTG)

    Bitcoin Gold (BTG) was made to be an alternative to Bitcoin itself. At the time of writing, BTG is being traded at the price of almost $20.22. In the past week, BTG has increased in price by almost 6.44% making it the 4th highest gainer this week. BTG is ranked 90th according to coinmarketcap.

    Synthetix (SNX)

    It is a decentralized finance (Defi) application that aims to provide exposure to different assets. At the time of writing, SNX is being traded at the price of almost $2.99. In the past 7 days, the price has increased by almost 6.09% and in the past 24 hours, it has decreased by 10.69%. SNX is ranked 95th according to coinmarketcap.

    Top Weekly Losers

    Arweave (AR)

    A decentralized storage network called Arweave aims to provide a platform for the long-term archival of data. As of the writing of this article, AR is trading for roughly $12.15. The price has dropped by around 23.28 percent over the last week and by 5.41 percent during the last 24 hours. 81st place according to coinmarketcap for AR.

    USTC

    The decentralized and algorithmic stablecoin of the Terra blockchain is called TerraUSD (UST). At the time of writing, USTC is being traded at the price of almost $0.03318. In the past 7 days, the price has decreased by almost 22.33% and in the past 24 hours, it has decreased by 7.28%. USTC is ranked 99th according to coinmarketcap.

    Loopring (LRC)

    The Loopring (LRC) cryptocurrency token is an Ethereum-based open protocol for creating decentralized cryptocurrency exchanges. LRC is now trading at almost $0.3606 at the time of writing. The price has dropped by around 19.07 percent over the last week and by 6.29 percent over the last day. LRC is rated 72nd by coinmarketcap.com.

    GALA

    Gala Games wants to change the gaming landscape by returning ownership of the gaming experience to the gamers. Making “blockchain games you’ll actually want to play” is Gala Games’ goal. At the time of writing, GALA is being traded at the price of almost $0.04712. In the past 7 days, the price has decreased by almost 19.00% and in the past 24 hours, it has decreased by 6.34%. GALA is ranked 98th according to coinmarketcap.

    Solana (SOL)

    Decentralized finance (DeFi) solutions are offered by the highly functional open source project Solana, which relies on the permission lessness of blockchain technology. GALA is now trading for close to $35.77 at the time of writing. The price has dropped by around 18.69 percent over the last week and by 7.00 percent over the last day. The coinmarketcap ranking for Solana is 9.

  • Ethereum (ETH) decoupling and Highest Movers

    Ethereum (ETH) decoupling and Highest Movers

    Top Gainers

    Lido DAO

    Lido is a staking platform for Ethereum. LIDO has gained a lot in the past 7 days and we have seen that the price has increased by more than 100% in the past (precisely 136%). At the time of writing, LIDO is being traded at the price of almost $1.45. In the past 24 hours, we have seen the price drop by almost 12%.

    Ethereum Classic (ETC)

    The classic version of Ethereum is Ethereum Classic which was the original fork of Ethereum. With Ethereum leading the market no wonder ETC is also pumped. In the past 7 days, the price has increased by almost 80%. In the past 24 hours too, the price has shown a movement of almost 10% in green and now stands at the price of almost $25.50

    Matic (MATIC)

    The first well-organized, user-friendly platform for Ethereum scaling and infrastructure development is called Polygon (formerly known as Matic Network). With Ethereum (ETH) gaining a lot and decoupling from BTC, we have seen the Ethereum scaling solutions jump too. In the past 24 hours, the price of Matic has increased by 0.73% and in the past 7 days, the price has increased by almost 57%.

    Arweave (AR)

    It is a storage platform that aims to make its name in this field. In the past 7 days, AR has been one of the top gainers in the top 100 cryptocurrencies. It has gained almost 45% in the past week. It now stands at the price of almost $15.85.

    Ethereum (ETH)

    The coin that has decoupled itself makes so many coins rally. Ethereum has performed massively amazing in the past 7 days and we have seen the price touch the mark of $1,538. In a single week, the price has increased by almost 43%.

    Curve Dao (CRV)

    With the market showing a relief rally, CRV has also shown a bullish movement upwards. In the past 7 days, CRV has increased in price by almost 41%. At the time of writing, CTRV stands at the price of almost $1.26. Today, the price has lost only about 0.50% of its value.

    Top Losers

    USTC

    The decentralized coin of the Terra network that is now part of the Luna Classic is USTC. At one point, the price of USTC was pegged at $1 but now, the price has dropped to almost $0.04264. In the past week, among the top 100 cryptocurrencies, USTC is the highest loser and has lost almost 3.52%.

    UNUS SED LEO

    It is the native coin for Bitfinex exchange and has a number of uses on the platform. In the past 24 hours, the price has decreased by almost 2.47% and now stands at the price of almost $5.22. It is the second highest loser in the top 100 cryptocurrencies.

  • Why is Arweave (AR) Trending?

    Why is Arweave (AR) Trending?

    ArDrive seeks to shake up the access rails that feed files into Arweave’s blockchain-based data storage.

    The company informed a news outlet that it plans to use the $17.2 million it raised to build a decentralized alternative to arweave.net, a vital (but currently controlled) gateway for uploading content to Arweave’s on-chain hard drive, the “permaweb.”

    According to Phil Mataras, ArDrive’s founder, gateways are like the main door to the permaweb. All of the apps connect to the gateway to push data up, query for it, or transfer a transaction from one wallet to another.

    ArDrive seeks to shake up the access rails that feed files into Arweave’s blockchain-based data storage.

    The company informed CoinDesk that it plans to use the $17.2 million it raised to build a decentralized alternative to arweave.net, a vital (but currently controlled) gateway for uploading content to Arweave’s on-chain hard drive, the “permaweb.”

    According to Phil Mataras, ArDrive’s founder, gateways are like the main door to the permaweb. All of the apps connect to the gateway to push data up, query for it, or transfer a transaction from one wallet to another.

    Almost all of Arweave’s data has come in through the core team’s original gateway service, according to Mataras. AR.IO, a proposed decentralized network, might change that by allowing anyone with the technical know-how and around one MacBook Pro’s worth of spare computing power to host their own gateway.

    Arweave is one of a few blockchain-based platforms that aim to make decentralized file storage more mainstream. Arweave, Fliecoin, Akash, and Storj all offer uncensorable, low-cost file storage, and they’re all growing fast in comparison to cloud giants like AWS.

    Arweave presently has over 1,000 nodes, 150,000 users, and 157 million files, according to Arweave co-founder Sam Williams. Every day, the network adds around 1.5 million files.

    The token’s primary purpose, however, will be as a type of gateway collateral. To demonstrate their dedication to the network, operators will stake AR.IO tokens against their users’ balances. Naughty operators risk having their collateral slashed, like with other staking-based consensus processes.

    Users, who are wanting to keep their data in a permanent, decentralized form, will be able to define their own terms, charge their own fees, and fine-tune their services for gateway operators. The technical entrance hurdle is intended to be low, although Mataras stated that “we’re prepared” for corporates who choose to run “large, scalable gateway gear.”

  • Arweave (AR) – At a make or break Position?

    Arweave (AR) – At a make or break Position?

    According to coinmarketcap

    “Arweave (AR) is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as “a collectively owned hard drive that never forgets,” the network primarily hosts “the permaweb” — a permanent, decentralized web with a number of community-driven applications and platforms.”

    At the time of writing, Arweave (AR) is being traded at the price of $56.78. The price has dropped by almost 7.07% in the past 24 hours. The daily trading volume has also dropped by 19.57% today. It is listed on coinmarketcap on the 76th spot and has a market dominance of about 0.07%.

    Arweave has created its all-time high, this month and had achieved a price of $91.08. Overall this month is printing a bearish candle and has currently dropped by 1.70% this month. The total supply of Arweave is 63M while the circulating supply is around 33M.

    Technical Analysis – Arweave (AR)

    Arweave (AR) is currently at a very important zone that should be observed very carefully. The price on the daily time frame moved upwards and broke the structure towards the upside. This led to the creation of an order block on the daily time frame. The price went high but wasn’t able to sustain it and came down into the same zone where it was before.

    Now the price is currently testing the trendline, which it has respected many times before. If this breaks we can expect the price to come down to the orderblock which initiated this move. But at the same time, we would be ranging in the lower chart which would open the other zone for us. This would take the price down to the bottom OB which could potentially serve as a bottom.

    If the price wants to stay bullish, we would like the price to stay above the trendline and bounce from here. Otherwise, we can expect a lot more bloodshed in the market.

    Price Prediction

    Arweave is a strong project. Providing a platform for storage purposes is highly useful and as such, they would be highly bullish in the future. According to the wallet investor, the price of Arweave (AR) is expected to reach a value of $138.04 in a year. For five year plan, the price is expected to reach a value of $411.159.

  • Cemtrex, Inc. (CETX) Stock Among Stocks Being Targeted in Resurgence of Meme Stock Phenomenon

    Cemtrex, Inc. (CETX) Stock Among Stocks Being Targeted in Resurgence of Meme Stock Phenomenon

    Cemtrex, Inc. (CETX) stock prices continue their upward trend, having ended the July 9th, 2021 trading day at USD$1.49, a 13.64% increase. Subsequent premarket fluctuations have seen the stock rise another 15.44%, bringing it up to USD$1.72.

    Revenue Reports

    CETX reported USD$9.3 million in revenue for the quarter ended March 31st 2021, representing a year-over-year decrease of 24% from the USD$12.1 million reported for the same time period of 2020. The yearly difference is largely attributable to the devastating effects resulting from the onset of the coronavirus pandemic causing shutdowns and the limiting of business operations. The Advanced Technologies segment revenues for the quarter were down 11% to USD$5.5 million, while the Industrial Services segment revenues were down 36% to USD$3.8 million.

    Net Income Improvements

    Net income for the quarter was reported at USD$2.5 million for the quarter, up significantly from the net loss of USD$1.6 million reported in the prior year quarter. This year-over-year difference is largely attributable to various income items exclusive to the 2021 quarter, including a one-time settlement agreement, as well as unrealized gains on marketable securities.

    Traded Volume Increase

    The company reported cash and cash equivalents in the amount of USD$15.6 million as of March 31st 2021, indicating a comfortable liquidity position. Nevertheless, the steep climb of volume of shares traded from the low thousands to upwards of one million over a course of days is not adequately contextualized by the company’s recent financials. Rather, the absence of any other recent news or changes in fundamentals makes the stocks recent activity highly contentious.

    Meme Stock Phenomenon

    In the absence of recent developments, it seems likely that the stock finds itself the target of the meme stock phenomenon that has been captivating the markets again as of late. Driven by retail investors, the movement has seen underdog companies being targeted for a short-term pump and dump. Companies that indicate a high short interest find their stock prices being inflated artificially with little to no reason in the coordinated short squeeze. Rife with inherent risk and volatility, the movement is not consistent or reliable. Moreover, in most cases it seems a very large correction on a very short timeframe.

    Future Outlook for CETX

    Nevertheless, armed with the fortuitous surge in equity value provides the company the exposure to capitalize on the addition opportunities it finds at its disposal. Current and potential investors are hopeful that management will be able to leverage the resources at their disposal to facilitate more organic growth over the long term.

  • Don’t Miss these 15 Oil & Gas Industry Value Stocks

    Don’t Miss these 15 Oil & Gas Industry Value Stocks

    After shrugging off a significant rise in U.S. crude inventories on the hope that vaccination rollouts would contribute to a dramatic boost in global energy demand next year, oil climbed to $46 a barrel.

    The Administration of Energy Information announced that American oil inventories had jumped 15.2 million barrels. Although prices fell on Wednesday, they followed much of their losses to close by only 0.2 % with support from a declined dollar.

    Oil increased Thursday as Asia’s stocks went down Wall Street due to the lack of stimuli from the United States. In the meantime, Asian physical demand looked to be high for another month, when Chinese and Indian refiners bought it early.Key players of the Oil Sector are as follows.

    Helmerich & Payne Inc. (NYSE:HP) shares were trading down -2.53% at $24.64 at the time of writing on Wednesday. On November 20, 2020, The company reported a net loss of $59 million, or $(0.55) per diluted share, from operating revenues of $208 million for the quarter ended September 30, 2020.

    Helmerich & Payne Inc. (NYSE:HP) share price went from a low point around $12.40 to briefly over $47.33 in past 52 weeks, though shares have since pulled back to $24.64. HP market cap has remained high, hitting $2.56B at the time of writing, giving it price-to-sales ratio of more than 1.

    If we look at the recent analyst rating HP, BofA Securities downgraded coverage on HP shares with an Underperform rating and a $20.07 price target, which implies room for -4.57% downside momentum this year.

    Transocean Ltd. (RIG) last closed at $2.25, in a 52-week range of $0.65 to $7.28. Analysts have a consensus price target of $1.92. The firm declared on December 1, 2020, amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default.

    Patterson-UTI Energy Inc. (PTEN) stock drop by -3.09% to $5.18. The energy firm stated on December 3, 2020, that that for the month of November 2020, the Company had an average of 61 drilling rigs operating. The most recent rating by Scotiabank, on July 16, 2020, is at a Sector underperform.

    Comstock Resources Inc. (NYSE:CRK) Shares headed falling, lower as much as -0.86%. The most recent rating by KeyBanc Capital Markets, on December 08, 2020, is at a Sector weight.

    Pioneer Natural Resources Company (NYSE:PXD) rose 0.14% after gaining more than $0.16 on Wednesday. The firm reported on December 3, 2020, January 12, 2021 special meeting to approve merger with Pioneer Natural Resources.

    Enerplus Corporation (ERF) last closed at $3.01, in a 52-week range of $1.15 to $7.35.

    W&T Offshore Inc. (WTI) stock drop by -1.82% to $2.16 after the firm provided an operational update regarding fourth quarter 2020 production. The most recent rating by CapitalOne, on November 05, 2020, is at an Equal weight.

    Antero Resources Corporation (NYSE:AR) Shares headed rising, higher as much as 1.86%. The most recent rating by JP Morgan, on December 08, 2020, is at an Overweight.

    Occidental Petroleum Corporation (NYSE:OXY) rose 1.36% after gaining more than $0.26 on Wednesday following the announcement of upsize of previously declared cash tender offers and consent solicitations for certain of its senior notes.

    Southwestern Energy Company (SWN) last closed at $3.02, in a 52-week range of $1.06 to $3.90. The company on November 13, 2020 revealed that it has completed the acquisition of Montage Resources following approval by Montage shareholders. Analysts have a consensus price target of $3.56.

    PDC Energy Inc. (PDCE) stock drop by -2.26% to $18.41. The most recent rating by JP Morgan, on September 23, 2020, is at an Overweight.

    EQT Corporation (NYSE:EQT) Shares headed rising, higher as much as 4.18%. The most recent rating by JP Morgan, on December 08, 2020, is at a Neutral.

    Concho Resources Inc. (NYSE:CXO) fall -0.08% after losing more than -$0.05 on Wednesday.

    WPX Energy Inc. (WPX) last closed at $8.03, in a 52-week range of $1.94 to $14.43. Analysts have a consensus price target of $8.48.

    Canadian Natural Resources Limited (CNQ) stock drop by -0.90% to $24.31 after announcing 2021 budget. The most recent rating by CIBC, on October 26, 2020, is at a Sector outperform.

  • Market Movers: What changed for these 45 stocks while you were sleeping

    Market Movers: What changed for these 45 stocks while you were sleeping

    Sundial Growers Inc. (SNDL) stock plunged -11.07% to $0.466 in the pre-market trading. The firm recently reported that it filed new shelf registration statement. The most recent rating by CIBC, on August 17, 2020, is a Neutral.
    Obalon Therapeutics Inc. (NASDAQ: OBLN) shares are trading down -10.87% at $2.05 at the time of writing. Company’s 52-week ranged between $0.62 to $2.14. Analysts have a consensus price target of $3.
    Eastman Kodak Company (KODK) stock moved up 7.14 percent to $12.9 in the pre-market trading after the company gets a clean chit from the U.S. government.
    American Airlines Group Inc. (AAL), a Airlines company, rose about 2.03% at $17.56 in pre-market trading Tuesday.
    Zomedica Corp. (ZOM) gained over 2.45% at $0.18 in pre-market trading Tuesday December 08, 2020 after reporting that, with the hiring of Debra Rock to lead the Company’s Marketing Department, its internal commercial leadership team is complete.
    Before the trading started on December 08, 2020, Tesla Inc. (TSLA) is down -0.35% to reach $639.5. It has been trading in a 52-week range of $65.45 to $607.80.
    Nano Dimension Ltd. (NNDM) is up more than 8.55% at $7.24 in pre-market hours Tuesday December 08, 2020 following the declaration of its Pricing $180 million registered direct offering. The stock had dropped over -10.35% to $6.67 in the last trading session.
    Apex Technology Acquisition Corporation (NASDAQ: APXT) shares are trading up 4.31% at $15.25 at the time of writing. Company’s 52-week ranged between $9.13 to $17.25.
    FuelCell Energy Inc. (FCEL) stock soared 2.55% to $8.03 in the pre-market trading. The firm recently reported completion of the previously announced underwritten public offering of 39,696,320 shares of its common stock. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral.
    RMG Acquisition Corp. (RMG) gained over 3.24% at $17.2 in pre-market trading Tuesday December 08, 2020.
    BlackBerry Limited (NYSE: BB) shares are trading up 4.24% at $8.6 at the time of writing. The AI security provider recently declared that it will report results for the third quarter of fiscal year 2021 at 5:30 p.m. ET on Thursday, December 17, 2020. The Company’s 52-week ranged between $2.70 to $9.69.
    Kaixin Auto Holdings (KXIN) is up more than 6.9% at $4.65 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -11.22% to $4.35 in the last trading session.
    XPeng Inc. (XPEV) gained over 2.19% at $49.36 in pre-market trading Tuesday December 08, 2020 after declaring that it intends to offer and sell 40,000,000 American Depositary Shares.
    Ideanomics Inc. (IDEX) is up more than 9.66% at $2.27 in pre-market hours Tuesday December 08, 2020. The stock had jumped over 2.48% to $2.07 in the last trading session.
    HEXO Corp. (HEXO) stock plunged -4.95% to $0.96 in the pre-market trading following the proclamation of downward revision to its proposed share consolidation ratio. The most recent rating by Cantor Fitzgerald, on July 22, 2020, is a Neutral.
    Before the trading started on December 08, 2020, Li Auto Inc. (LI) is up 3.21% to reach $32.5. It has been trading in a 52-week range of $14.31 to $47.70.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 7.18% at $9.1 at the time of writing. The firm recently issued chairman’s letter to shareholders. Company’s 52-week ranged between $2.17 to $17.45.
    Virgin Galactic Holdings Inc. (SPCE), a Aerospace & Defense company, rose about 6.12% at $35.87 in pre-market trading Tuesday.
    Moderna Inc. (MRNA) grew over 3.44% at $165.01 in pre-market trading today after reporting that Canada exercises increased option for total of 40 million doses of mRNA vaccine candidate against COVID-19 (mRNA-1273).
    Platinum Group Metals Ltd. (PLG) is up more than 17.21% at $4.7 in pre-market hours Tuesday December 08, 2020. The stock had jumped over 29.35% to $4.01 in the last trading session.
    United Microelectronics Corporation (NYSE: UMC) shares are trading up 1.22% at $9.15 at the time of writing following the declaration of its unaudited net sales for the month of November 2020. Company’s 52-week ranged between $2.10 to $8.96.
    Energy Fuels Inc. (UUUU) stock soared 6.32% to $3.03 in the pre-market trading. The most recent rating by Noble Capital Markets, on May 13, 2019, is a Market perform.
    ToughBuilt Industries Inc. (TBLT), a Tools & Accessories company, dropped about -10.84% at $0.7356 in pre-market trading Tuesday after reporting the launch 14 new tool organization SKUs at LOWE’S nationwide.
    IZEA Worldwide Inc. (NASDAQ: IZEA) shares are trading down -6.68% at $0.885 at the time of writing. Company’s 52-week ranged between $0.07 to $3.13.
    Gran Tierra Energy Inc. (GTE) gained over 64.15% at $0.5 in pre-market trading Tuesday December 08, 2020 following the publication of a financial update and the Company’s 2021 capital budget and production guidance.
    Electrameccanica Vehicles Corp. (SOLO) gained over 4.15% at $7.78 in pre-market trading Tuesday December 08, 2020.
    Before the trading started on December 08, 2020, iBio Inc. (IBIO) is down -8.67% to reach $1.37 after revealing an underwritten public offering of its common stock. It has been trading in a 52-week range of $0.19 to $7.45.
    Cinedigm Corp. (CIDM) is down more than -2.34% at $0.671 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -1.63% to $0.69 in the last trading session.
    CBAK Energy Technology Inc. (CBAT), a Electrical Equipment & Parts company, rose about 8.98% at $7.04 in pre-market trading Tuesday after declaring that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD signed a joint development agreement with Wuxi Lead Intelligent Equipment Co., Ltd..
    Before the trading started on December 08, 2020, Torchlight Energy Resources Inc. (TRCH) is up 2.99% to reach $0.69. It has been trading in a 52-week range of $0.21 to $1.09.
    Before the trading started on December 08, 2020, Sumo Logic Inc. (SUMO) is up 5.43% to reach $26.0 after releasing financial results for the third quarter of its fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $16.71 to $30.29.
    QEP Resources Inc. (QEP) is up more than 5.63% at $2.25 in pre-market hours Tuesday December 08, 2020. The stock had dropped over -1.39% to $2.13 in the last trading session.
    ON Semiconductor Corporation (NASDAQ: ON) shares are trading up 4.63% at $31.99 at the time of writing. The firm lately revealed that Hassane El-Khoury has been named as the company’s president, chief executive officer and member of its board of directors. Company’s 52-week ranged between $8.17 to $30.04.
    Uranium Energy Corp. (UEC) stock soared 11.89% to $1.6 in the pre-market trading. The most recent rating by Canaccord Genuity, on October 14, 2020, is a Speculative buy.
    Stitch Fix Inc. (SFIX) gained over 33.27% at $47.75 in pre-market trading Tuesday December 08, 2020 following the releaseof its financial results for the first quarter of fiscal year 2021 ended October 31, 2020
    Switchback Energy Acquisition Corporation (SBE) grew over 1.76% at $37.01 in pre-market trading today.
    Stealth BioTherapeutics Corp (MITO) is down more than -1.34% at $1.47 in pre-market hours Tuesday December 08, 2020 after announcing appointment of Eve E. Slater, M.D., F.A.C.C. to its Board of Directors. The stock had jumped over 14.62% to $1.49 in the last trading session.
    Gevo Inc. (GEVO) grew over 3.59% at $1.73 in pre-market trading today.
    Before the trading started on December 08, 2020, Trillium Therapeutics Inc. (TRIL) is down -5.29% to reach $14.51 after presenting at the American Society of Hematology (ASH) Annual Meeting, taking place virtually from December 5-8, 2020. It has been trading in a 52-week range of $0.29 to $20.96.
    Lizhi Inc. (LIZI) stock moved up 2.11 percent to $3.88 in the pre-market trading.
    Dare Bioscience Inc. (DARE) stock soared 5.26% to $1.4 in the pre-market trading after declaring positive topline results from DARE-BVFREE, a Phase 3 trial of DARE-BV1 in patients diagnosed with bacterial vaginosis.
    Top Ships Inc. (TOPS) gained over 6.04% at $1.58 in pre-market trading Tuesday December 08, 2020.
    Westwater Resources Inc. (WWR) grew over 1.37% at $5.94 in pre-market trading today following update on pilot plant operations provided by company.
    InterPrivate Acquisition Corp. (IPV) stock moved up 5.25 percent to $15.03 in the pre-market trading.
    Before the trading started on December 08, 2020, Futu Holdings Limited (FUTU) is up 2.41% to reach $43.31 following the announcement of agreement to purchase shares by a leading global investment firm. It has been trading in a 52-week range of $8.16 to $51.10.

  • 12 Trending Stocks In Oil & Gas Industry To Invest In

    12 Trending Stocks In Oil & Gas Industry To Invest In

    The Oil & Gas Industry is considered to be the most important industry in the world. The fluctuation in Oil and Gas prices also impact the prices of other necessary commodities because the dependence of the world on Oil and Gas is continuously increasing. This industry has also experienced the impact of the COVID-19 pandemic. It is fulfilling the 57 percent energy needs of 7.7 billion people around the world.

    We all know that technology is the one that impacts every industry. This industry is also adopting new technologies to improve the efficiency and performance of the industry.

    Half of 2020 is passed and half is underway and the predicting trends of this year are also in the process. Few Oil and Gas industry trends of 2020 are as follows: adoption of modern technologies, increase in demand for natural gas, and social responsibility. Social responsibility is a new trend that is emerging in the current few years.

    Check out these 12 leading companies in Oil & Gas E & P industry to see whether these companies are following new trends or not:

    Marathon Oil Corporation (NYSE: MRO)

    Marathon Oil Corporation (NYSE: MRO) shares were trading down 0.00% at $4.13 at the time of writing on Tuesday. Marathon Oil Corporation (NYSE: MRO) share price went from a low point around $3.02 to briefly over $14.07 in the past 52 weeks, though shares have since pulled back to $4.13. MRO market cap has remained high, hitting $3.21B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Marathon Oil Corporation has earlier announced the reinstatement of base dividend and the debt reduction initiatives. If we look at the recent analyst rating MRO, Northland Capital initiated coverage on MRO shares with a market perform rating and a $6.89 price target, which implies room for 2.76% upside momentum this year.

    Parsley Energy Inc. (NYSE: PE)

    Parsley Energy Inc. (NYSE: PE) rose 0.87% after gaining more than $0.09 on Tuesday. Lifshitz Law Firm, P.C. has announced the Investigation of BioSpecifics Technologies Corp., Cleveland BioLabs, Inc., Concho Resources Inc., CONSOL Energy Inc., CONSOL Coal Resources LP, GCI Liberty, Inc., Liberty Broadband Corporation, Parsley Energy, Inc., Pioneer Natural Resources Company and PNM Resources, Inc.

    Occidental Petroleum Corporation (NYSE: OXY)

    Occidental Petroleum Corporation (NYSE: OXY) last closed at $9.27, in a 52-week range of $9.00 to $47.58. Analysts have a consensus price target of $13.84. Occidental Petroleum Corporation (OXY) has earlier announced that it has decided to report its third-quarter 2020 financial results on November 9, 2020. The company is also planning to hold a conference call to discuss results on November 10, 2020.

    Southwestern Energy Company (NYSE: SWN)

    Southwestern Energy Company (NYSE: SWN) stock drop by -4.32% to $2.88. The most recent rating by Raymond James, on October 21, 2020, is at an Mkt perform. Previously, Southwestern Energy Company (SWN) has announced its plan to reveal the third-quarter 2020 financial results on October 29, 2020, after the market close. The company will also hold a conference call on October 30, 2020, to discuss the financial results.

    ConocoPhillips (NYSE: COP)

    ConocoPhillips (NYSE: COP) shares headed falling, lower as much as -0.20%. The most recent rating by KeyBanc Capital Markets, on September 25, 2020, is at an Overweight. Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has started an investigation into whether the board members of Concho Resources Inc. violated their fiduciary duties or violated the federal securities laws in connection with the company’s merger with ConocoPhillips.

    Devon Energy Corporation (NYSE: DVN)

    Devon Energy Corporation (NYSE: DVN) last closed at $8.69, in a 52-week range of $4.60 to $26.42. Devon Energy Corporation (DVN) has announced its plan to reveal the third-quarter 2020 financial results on October 29, 2020, after the market close. The company will also hold a conference call on October 30, 2020, to discuss the financial results.

    Apache Corporation (NASDAQ: APA)

    Apache Corporation (NASDAQ: APA) shares headed falling, lower as much as -2.51%. The most recent rating by CapitalOne, on September 11, 2020, is at an Overweight. Apache Corporation (APA) has earlier provided supplemental information regarding certain third-quarter 2020 financial and operational results. The company has decided to share the earning results on November 4, 2020.

    Antero Resources Corporation (NYSE: AR)

    Antero Resources Corporation (NYSE: AR) fall -1.61% after losing more than -$0.06 on Tuesday. Antero Resources Corporation (AR) announced that it has decided to reveal the third-quarter 2020 financial results on October 28, 2020, after the market close. The company will also hold a conference call on October 29, 2020, to discuss the financial results.

    EQT Corporation (NYSE: EQT)

    EQT Corporation (NYSE: EQT) stock soar by 3.39% to $16.16. The most recent rating by Morgan Stanley, on October 09, 2020, is at an Overweight. EQT Corporation (EQT) signed a purchase and sale agreement with Chevron U.S.A.Inc. under which EQT will buy upstream and midstream assets of Chevron located in the Appalachian Basin for $735 million.

    Range Resources Corporation (NYSE: RRC)

    Range Resources Corporation (NYSE: RRC) shares headed falling, lower as much as -1.37%. The most recent rating by BofA Securities, on October 26, 2020, is at a Buy. Range Resources Corporation (RRC) has decided to reveal the third-quarter 2020 financial results on October 29, 2020, after the market close. The company will also hold a conference call on October 30, 2020, to discuss the financial results.

    Gulfport Energy Corporation (NASDAQ: GPOR)

    Gulfport Energy Corporation (NASDAQ: GPOR) stock soar by 0.71% to $0.27. The most recent rating by Stifel, on March 31, 2020, is at a Sell. Gulfport Energy Corporation (GPOR) share price went from a low point around $0.21 to briefly over $3.88 in the past 52 weeks. GPOR market cap has remained high, hitting $44.24 Million at the time of writing.

    EOG Resources Inc. (NYSE: EOG)

    EOG Resources Inc. (NYSE: EOG) last closed at $34.58, in a 52-week range of $27.00 to $89.54. Analysts have a consensus price target of $63.32. EOG Resources Inc. (EOG) has moved up 28.07% from its 52-weeks low and moved down -61.38% from its 52-weeks high. EOG market cap has remained high, hitting $19.82 billion at the time of writing.

  • Top 15 Oil And Gas Stocks That Are Worth Buying

    Top 15 Oil And Gas Stocks That Are Worth Buying

    The oil and gas industry has gained a reputation as the world’s largest industry. The world’s dependence on this industry is continuously increasing as the global economy continues to depend heavily on petroleum-based products. The disruption caused by the COVID-19 pandemic has also affected the oil and gas industry. This industry has experienced fluctuation because of the decrease in energy demand.

    Oil and gas industry companies have had to deal with many challenges. But there are few areas where they should focus on in particular. These areas include increased sustainability, 4D Seismic Technology, increased labor costs, etc. Let take a quick look at the 15 oil and gas companies and see how they are following new trends:

    Oasis Petroleum Inc. (NASDAQ: OAS)

    Oasis Petroleum Inc. (NASDAQ: OAS) shares were trading down -19.10% at $0.17 at the time of writing on Friday. Oasis Petroleum Inc. (NASDAQ: OAS) share price went from a low point around $0.19 to briefly over $3.65 in the past 52 weeks, though shares have since pulled back to $0.17. OAS market cap has remained high, hitting $67.94M at the time of writing, giving it a price-to-sales ratio of more than 0.

    Oasis Petroleum Inc and Lonestar Resources US Inc’s bankruptcy filings are preparing for restructurings that put oil-and-gas producers on track for their biggest year of bankruptcies since the 2016 shale downturn. If we look at the recent analyst rating OAS, MKM Partners downgraded coverage on OAS shares with a Neutral rating.

    Lonestar Resources US Inc. (LONE)

    Lonestar Resources US Inc. (LONE) last closed at $0.31, in a 52-week range of $0.19 to $3.20. Lonestar Resources US Inc. (LONE) earlier disclosed that it and certain of its direct and indirect wholly-owned domestic subsidiaries have entered into a Restructuring Support Agreement with its largest stakeholders that will reduce approximately $390 million in aggregate debt obligations and preferred equity interests. LONE market cap has remained high, hitting $6.21 M at the time of writing.

    Marathon Oil Corporation (NYSE: MRO)

    Marathon Oil Corporation (NYSE: MRO) stock soar by 4.30% to $4.12. The most recent rating by Northland Capital, on September 14, 2020, is at a Market perform. Marathon Oil Corporation (MRO) earlier shared an update showing the reinstatement of a base dividend, recent debt reduction initiatives, and a transparent framework for future capital allocation and uses of free cash flow intended to maximize long-term shareholder value. This company has a total market capitalization of $3.12 billion at the time of writing.

    Occidental Petroleum Corporation (NYSE: OXY)

    Occidental Petroleum Corporation (NYSE: OXY) Shares headed rising, higher as much as 1.96%. The most recent rating by Scotiabank, on September 24, 2020, is at a Sector outperform. Occidental Petroleum Corporation (OXY) has earlier disclosed that it has signed an agreement to sell its onshore assets in Colombia to The Carlyle Group for a total of approximately $825 million, with $700 million upfront and the remainder payable subject to certain production and commodity price targets.

    WPX Energy Inc. (NYSE: WPX)

    WPX Energy Inc. (NYSE: WPX) rose 6.02% after gaining more than $0.28 on Friday. Previously, U.S. oil and gas producer Devon Energy Corp disclosed that it will buy shale-oil rival WPX Energy Inc for $2.56 billion as it looks to boost its presence in the top U.S. oilfield. WPX Energy Inc. (WPX) has a total market capitalization of $2.61 billion at the time of writing.

    Apache Corporation (NASDAQ: APA)

    Apache Corporation (NASDAQ: APA) last closed at $9.74, in a 52-week range of $3.80 to $33.77. Analysts have a consensus price target of $16.84. Apache Corporation (APA) earlier released its 2020 Sustainability Report, which showed the company’s performance in governance, environmental stewardship, health and safety, workforce development, and community engagement. If we look at its liquidity, it has a current ratio of $3.51 billion at the time of writing.

    Devon Energy Corporation (NYSE: DVN)

    Devon Energy Corporation (NYSE: DVN) stock soar by 5.49% to $9.60. The most recent rating by Truist, on October 01, 2020, is at a Buy. Devon Energy Corporation (DVN) has recently disclosed that it has completed the sale of Barnett Shale assets to Banpu Kalnin Ventures (BKV). Devon received a cash payment of $320 million from BKV at closing, after adjusting for a $170 million deposit received in April 2020.

    Noble Energy Inc. (NASDAQ: NBL)

    Noble Energy Inc. (NASDAQ: NBL) Shares headed rising, higher as much as 1.44%. The most recent rating by Citigroup, on August 31, 2020, is at a Neutral. Chevron Corporation (CVX) has disclosed that its acquisition of Noble Energy, Inc. (NBL) has been completed after the approval by Noble Energy shareholders. NBL has moved up 209.89% from its 52-weeks low and moved down -66.27% from its 52-weeks high.

    Parsley Energy Inc. (NYSE: PE)

    Parsley Energy Inc. (NYSE: PE) last closed at $9.41, in a 52-week range of $3.92 to $20.13. Analysts have a consensus price target of $15.63. Parsley Energy Inc. (PE) has earlier announced that it is planning to report third-quarter 2020 financial results on Wednesday, October 28, 2020, after the close of trading on the New York Stock Exchange. This company market capitalization is $3.76 billion at the time of writing.

    Kosmos Energy Ltd. (NYSE: KOS)

    Kosmos Energy Ltd. (NYSE: KOS) stock soar by 5.10% to $1.03. The most recent rating by Goldman, on May 14, 2020, is at a Neutral. Kosmos Energy Ltd. (KOS) disclosed earlier that it has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura Trading LLC (Trafigura). Kosmos has restructured its previously announced Gulf of Mexico prepayment facility into a five-year $200 million term-loan facility secured against the Company’s U.S. Gulf of Mexico assets.

    Antero Resources Corporation (NYSE: AR)

    Antero Resources Corporation (NYSE: AR) shares headed rising, higher as much as 3.33%. The most recent rating by Northland Capital, on September 24, 2020, is at an Outperform. Antero Resources Corporation (AR) earlier revealed the publication of its 2019 Corporate Sustainability Report.  The report details Antero’s ongoing commitment to environmental excellence, strong governance, safe operations, and the communities in which it operates.

    ConocoPhillips (NYSE: COP)

    ConocoPhillips (NYSE: COP) last closed at $33.07, in a 52-week range of $20.84 to $67.13. Analysts have a consensus price target of $49.81. ConocoPhillips (COP) has earlier shared information regarding certain preliminary third-quarter 2020 operational and financial updates. The final third-quarter results will be reported on Oct. 29. This company has a total market capitalization of $1.92 billion.

    Southwestern Energy Company (NYSE: SWN)

    Southwestern Energy Company (NYSE: SWN) rose 3.96% after gaining more than $0.09 on Friday. Southwestern Energy Company (SWN) share price went from a low point around $1.06 to briefly over $3.90 in the past 52 weeks, though shares have since pulled back to $2.51. SWN market cap has remained high, hitting $1.37 billion at the time of writing.

    Centennial Resource Development Inc. (NASDAQ: CDEV)

    Centennial Resource Development Inc. (NASDAQ: CDEV) rose 4.79% after gaining more than $0.02 on Friday. Centennial Resource Development Inc. (CDEV) share price went from a low point around $0.24 to briefly over $5.35 in the past 52 weeks, though shares have since pulled back to $0.63. CDEV market cap has remained high, hitting $160.61 million at the time of writing.

    Ovintiv Inc. (NYSE: OVV)

    Ovintiv Inc. (NYSE: OVV) stock soar by 4.73% to $7.75. The most recent rating by Credit Suisse, on August 05, 2020, is at a Neutral. Ovintiv Inc. (OVV) has moved up 295.71% from its 52-weeks low and moved down -66.76% from its 52-weeks high. This company market capitalization has remained high, hitting $1.92 billion at the time of writing.