Active Stocks Pre-Market Notes -- Research on Bank of America, Facebook, General Electric, and Petroleo Brasileiro
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LONDON, May 16, 2014 /PRNewswire/ --
The markets on Thursday, May 15, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,446.81, down 1.01% and the NASDAQ Composite closed at 4,069.29, down 0.76%. The S&P 500 edged 0.94% lower, to finish the day at 1,870.85. The losses were broad based as nine out of ten sectors ended the session in negative. The losses in Financials, Energy and Materials sectors negatively impacted the market, while some positive momentum was observed in the Telecommunication Services sector. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Bank of America Corporation (NYSE: BAC), Facebook Inc. (NASDAQ: FB), General Electric Company (NYSE: GE) and Petroleo Brasileiro S.A. (NYSE: PBR). Free technical research on BAC, FB, GE and PBR can be downloaded upon signing up at:
http://www.investor-edge.com/2631-register
On Thursday, Bank of America Corp.'s stock edged 1.95% lower, closing the day at $14.55. The stock recorded a trading volume of 103.98 million shares, close to its three months average volume of 102.61 million shares. The stock oscillated between $14.39 and $14.83 during the session. Bank of America Corp.'s shares have lost 11.23% in the last one month and 12.87% in the past three months. Also, the stock has declined 6.55% since the start of this year. The company's shares traded at a PE ratio of 9.77. The S&P 500 Financials Sector Index advanced 0.19% in the last one month, while the S&P 500 gained 1.51% during the same period. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $16.37 is higher than its 200-day moving average of $15.50. Moreover, the company's shares have a Relative Strength Index (RSI) of 36.71. Sign up today to read free research on BAC at:
http://www.investor-edge.com/2631-BAC-16May2014.pdf
Facebook Inc.'s stock traded between $57.52 and $59.38 before ending the day 2.21% lower at $57.92. The company's stock reported a trading volume of 56.59 million shares on Thursday, which was much below its three months average volume of 70.27 million shares. Over the last one month and previous three months, Facebook Inc.'s stock has fallen by 1.98% and 13.67%, respectively. However, the stock has gained 5.98% since start of this year. The S&P 500 Information Technology Sector Index advanced 1.55% in the last one month, while the NASDAQ Composite Index has gained 0.87% during the same period. The stock is trading above its 200-day moving average. Facebook Inc's 50-day moving average of $62.32 is greater than its 200-day moving average of $53.82. Additionally, the company's stock traded at a PE ratio of 77.23 and has an RSI of 48.16. Sign up today to read free research on FB at:
http://www.investor-edge.com/2631-FB-16May2014.pdf
On Thursday, General Electric Co.'s stock recorded a trading volume of 33.76 million shares, which was above its three months average volume of 30.16 million shares. The stock finished the day at $26.60, which was 0.60% lower to its previous day's closing, and registered an intraday range of $26.32 and $26.80. General Electric Co.'s shares have advanced 3.02% in the last one month and 3.34% in the previous three months. However, the stock has gone down by 5.10% on YTD basis. The S&P 500 Industrials Sector Index advanced 2.95% in the previous three months, while the S&P 500 gained 1.75% during the same period. General Electric Co.'s stock is trading above its 50-day and 200-day moving averages of $26.08 and $25.62, respectively. Furthermore, shares of the company traded at a PE ratio of 16.08 and have an RSI of 57.71. Sign up today to read free research on GE at:
http://www.investor-edge.com/2631-GE-16May2014.pdf
Shares in Petroleo Brasileiro S.A. closed Thursday's session 2.05% lower at $15.27. A total of 16.32 million shares were traded, which was much below its three months average volume of 25.27 million shares. The stock moved between $15.20 and $15.58 during the session. Over the last one month and past three months, shares of Petroleo Brasileiro S.A. have surged 14.55% and 32.67%, respectively. Also, the company's stock has gained an upside of 10.81% since the beginning of 2014. The S&P 500 Energy Sector Index advanced 8.92% in the last three months, while the NASDAQ Composite Index lost 4.12% during the same period. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $13.93 is greater than its 50-day moving average of $13.10. Further, Petroleo Brasileiro S.A.'s stock has an RSI of 67.94. Sign up today to read free research on PBR at:
http://www.investor-edge.com/2631-PBR-16May2014.pdf
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