• Return to Headlines

22.2% Return Seen to Date on SmarTrend Newpark Resource Call (NR)

By Nick Russo

SmarTrend identified a Downtrend for Newpark Resource (NYSE:NR) on October 15th, 2019 at $6.82. In approximately 3 months, Newpark Resource has returned 22.23% as of today's recent price of $5.30.

In the past 52 weeks, shares of Newpark Resource have traded between a low of $5.25 and a high of $9.68 and are now at $5.30, which is 1% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 0.7%.

Newpark Resources, Inc. provides environmental services to the oil and gas exploration and production industry, primarily in the Gulf Coast market. The Company offers processing and disposal of oilfield exploration and production waste and drilling fluids, along with associated engineering and technical services, and fluids processing and recycling services at the rig site.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Newpark Resource.

Log in and add Newpark Resource (NR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights newpark resource

Ticker(s): NR