Analysis

Ultra Petroleum Corp. (OTCMKTS:UPLMQ) shares were up 21.60% on Wednesday to $1.52, leading to the creation of a double bottom reversal pattern on its daily chart. Price failed in its last two attempts to break below $0.25 and might be in for a test of the neckline at $1.50. Ultra...

Ashford Hospitality Prime Inc (NYSE:AHP) shares jumped 29.95% to $14.71 on Wednesday as the company received an unsolicited acquisition offer from Weisman Group, which made its intention public through an amended 13D SEC filing. Currently the Weisman Group and related parties own 5.42% of Ashford Hospitality Prime outstanding stock. Ashford Hospitality Prime...

Midcoast Energy Partners LP (NYSE:MEP) are trading at $9.40, up 4.44% on Tuesday, and around the upper half of its 52-week range between $3.76 to $13.57. The company's stock has shown strong bullish momentum in May, thanks to upbeat earnings and analysts' upgrades. Midcoast Energy Partners is a limited partnership...

Penn West Petroleum Ltd (USA) (NYSE:PWE) shares rose 17.24% to $0.840 on Monday but these gains might soon be returned. Penn West Petroleum Ltd (USA) (NYSE:PWE) shares are trading in a 52-week range of $0.45 to $2.02, which means that the current share price is still closer to the bottom...

Newpark Resources Inc (NYSE:NR) shares advanced 13.57% on Monday to $5.44 after the company received a stock upgrade from Credit Suisse. Newpark Resources Inc (NYSE:NR) has a market capitalization of $469.39 million at 84.11 million shares outstanding. Credit Suisse upgraded its shares to "Outperform" from their previous "Neutral" rating. Analysts...