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DAILY Wrap-Up & Commentary On: (NYSE: MHR), (NASDAQ: RRD)

 

New York, NY -- (ReleaseWire) -- 01/22/2013 -- Magnum Hunter Resources Corp. (NYSE: MHR) traded in the range of $4.32 and $4.44 during its latest trading session. The stock had opened at $4.32 and is currently at $4.40, up 1.85 percent from its previous close of $4.32 with heavy volume. Magnum Hunter Resources recorded the volume of 1.843 million shares. The stock price is trading above its short term moving average price of $4.25 and long term moving average price of $4.10. The stock is likely to go as high as $4.58 in near future. Magnum Hunter Resources reported that it is planning to develop its Utica leasehold position in Ohio.

Find out more on MHR by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=MHR

R.R. Donnelley & Sons Company (NASDAQ: RRD) shows bullish trend as the stock made an up movement in its latest trading session. It opened the session at $9.61 and remained in $9.55 and $10.08 price range during the session so far. The stock is 4.10 percent higher at $9.90. R.R. Donnelley & Sons’ first resistance level is at $9.93. Upon breaching this level, the stock may go as high as $10.60. R.R. Donnelley & Sons recently declared quarterly dividend of 26 cents per share. The dividend is payable on March 1, 2013 and the record date has been set at January 25th.

Find out where RRD could be headed by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=RRD

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