Worthy Analytical Review for Resolute Energy Corporation (NYSE:REN)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Resolute Energy Corporation (NYSE:REN) for the period of 9-Day stands at 68.75% while the stochastic %D for the same period stands at 66.38%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Resolute Energy Corporation (NYSE:REN) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Resolute Energy Corporation (NYSE:REN) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently Resolute Energy Corporation (NYSE:REN)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Resolute Energy Corporation, formerly Hicks Acquisition Company I, Inc. (HACI), is an independent oil and gas company engaged in the acquisition, exploitation and development of oil and gas properties. The company operates producing properties in Utah, which were legacy properties acquired from two major oil companies, in connection with a strategic alliance with Navajo Nation Oil and Gas Company (wholly owned by the Navajo Nation) and in Wyoming and Oklahoma, which were acquired through the acquisition of a privately held oil and gas producer. In addition, Resolute owns exploration properties in Wyoming and Alabama.

Previous Day Activity Analysis

On the last trading day, Resolute Energy Corporation (NYSE:REN) opened the session at $29.61 and after going down -0.13% closed at $29.6. The stock lost -0.01 points in the last trade.

Resolute Energy Corporation (NYSE:REN)’s stock fluctuated in the range of $28.87 and $30.05 during the previous active session. Resolute Energy Corporation (NYSE:REN) traded with the volume of 784012 with average volume of 623.64 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 3.49 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.21 and 53.54 respectively.

Currently the Insider Ownership of the shares of Resolute Energy Corporation (NYSE:REN) is at 1.2% and the shares outstanding are 22.52 Million.

Important Ratio Analysis

Some important ratios to consider here for Resolute Energy Corporation (NYSE:REN) are discussed below:

Dividend yield of Resolute Energy Corporation (NYSE:REN) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 10.11.

The Price to Sale P/S and Price to Book P/B shows the value of 2.71 and 0 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 605.99 and 6.07 correspondingly.

The Quick Ratio of Resolute Energy Corporation (NYSE:REN) stands at 0.6 while the Current Ratio depicts the value of 0.6.

Return on Assets ROA of Resolute Energy Corporation (NYSE:REN) is at -5.5% whereas, Return on Equity ROE and Return of Investment ROI of Resolute Energy Corporation (NYSE:REN) stand at 20.8% and -20.2% respectively.

Stock Performance Analysis

The stock performance of Resolute Energy Corporation (NYSE:REN) on the basis of 5 day trade show the jump of 3.75% whereas, the monthly performance of the stock shows decrease of -2.02%.

The quarterly performance of the stock remained in red zone with the value of -12.43% while six month performance of the shares of Resolute Energy Corporation (NYSE:REN) remained bearish with the count of -26.02%.

The yearly and YTD performance of Resolute Energy Corporation (NYSE:REN) remained down at -10.52% and -28.14% respectively.