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Hercules Offshore Has Returned 33.7% Since SmarTrend Recommendation (HERO)
Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Hercules Offshore (NASDAQ:HERO) on November 30th, 2012 at $5.15. In approximately 2 months, Hercules Offshore has returned 33.72% as of today's recent price of $6.88.
In the past 52 weeks, shares of Hercules Offshore have traded between a low of $2.25 and a high of $7.00 and are now at $6.83, which is 203% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.6%.
Hercules Offshore, Inc. offers offshore contract drilling, liftboat and inland barge services. The Company operates in the United States Gulf of Mexico, the Middle East, India, Latin America, West Africa, and Malaysia. Hercules serves oil and natural gas exploration and production companies.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Hercules Offshore shares.Log in and add Hercules Offshore (HERO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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