Information Technology Stocks on our Radar -- Research on Cognizant Technology Solutions, Qlik Technologies, F5 Networks, and TIBCO Software
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LONDON, April 3, 2014 /PRNewswire/ --
On Wednesday, April 02, 2014, the NASDAQ Composite ended at 4,276.46, up 0.20%, the Dow Jones Industrial Average advanced 0.24% to 16,573.00, and the S&P 500 closed at 1,890.90, up 0.29%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Information Technology Sector Index finished the day at 604.07, down 0.02%, while the same has advanced 1.51% in the last one month. Investor-Edge has initiated coverage on the following equities: Cognizant Technology Solutions Corp. (NASDAQ: CTSH), Qlik Technologies Inc. (NASDAQ: QLIK), F5 Networks Inc. (NASDAQ: FFIV) and TIBCO Software Inc. (NASDAQ: TIBX). Free technical research on CTSH, QLIK, FFIV and TIBX can be downloaded upon signing up at:
http://www.investor-edge.com/751-register
Shares in Cognizant Technology Solutions Corp. gained 0.75% on Wednesday, closing at $52.06 after oscillating between $51.80 and $53.40. A total of 3.48 million shares were traded, which is below its three months average volume of 4.11 million shares. Shares in Cognizant Technology Solutions Corp. have advanced 4.77% in the previous three trading sessions, 5.34% in the last three months, and 3.11% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Cognizant Technology Solutions Corp.'s 50-day moving average of $50.07 is above its 200-day moving average of $43.53. Furthermore, the company's stock is trading at a PE ratio of 25.45 and has a Relative Strength Index (RSI) of 56.97. Sign up today to read free research on CTSH at:
http://www.investor-edge.com/751-CTSH-03Apr2014.pdf
Qlik Technologies Inc.'s stock witnessed a trading volume of 1.25 million shares on Wednesday, as compared with a three months average volume of 1.90 million shares. The stock ended the day at $27.23, down 1.45% and at an intraday trading range of $26.92 and $27.94. Shares in Qlik Technologies Inc. have surged 4.61% in the previous three trading sessions, 8.36% in the last three months, and 2.25% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Qlik Technologies Inc.'s 200-day moving average of $29.42 is above its 50-day moving average of $28.14. Additionally, the company's shares have an RSI of 47.35. Sign up today to read free research on QLIK at:
http://www.investor-edge.com/751-QLIK-03Apr2014.pdf
On Wednesday, shares in F5 Networks Inc. fell 0.39%, finishing the session at $109.23. The stock recorded a trading volume of 1.17 million shares, which is below its three months average volume of $1.94 million shares. The stock fluctuated between $108.35 and $110.47 during the session. F5 Networks Inc.'s shares have rallied 3.89% in the previous three trading sessions, 22.88% in the last three months, and 20.22% on YTD basis. The stock is trading above its 200-day moving average. F5 Networks Inc.'s 50-day moving average of $109.29 is above its 200-day moving average of $90.84. Moreover, the shares are trading at a PE ratio of 31.03 and have RSI of 51.16. Sign up today to read free research on FFIV at:
http://www.investor-edge.com/751-FFIV-03Apr2014.pdf
TIBCO Software Inc.'s stock recorded a trading volume of 3.69 million shares, as compared with a three months average volume of 2.85 million shares. The stock ended Wednesday's session at $20.82, up 0.77%, and at an intraday trading range of $20.60 and $20.87. TIBCO Software Inc.'s shares have gained 3.89% in the previous three trading sessions, while the same has declined 4.45% in the last one month and 7.38% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. TIBCO Software Inc.'s 200-day moving average of $23.24 is above its 50-day moving average of $21.44. Further, the company's shares are trading at a PE ratio of 37.07 and have an RSI of 43.05. Sign up today to read free research on TIBX at:
http://www.investor-edge.com/751-TIBX-03Apr2014.pdf
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