Active Stocks under Review -- Research on First Solar, SolarCity, Trimble Navigation, and Extreme Networks
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LONDON, May 8, 2014 /PRNewswire/ --
The markets on Wednesday, May 07, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,518.54, up 0.72% and the NASDAQ Composite closed at 4,067.67, down 0.32%. The S&P 500 edged 0.56% higher, to finish the day at 1,878.21. The gains were broad based as eight out of ten sectors finished on a positive note. During the session gains in the Utilities, Financials and Consumer Staples sectors positively impacted the broader market, while some retraction came in from Information Technology and Consumer Discretionary sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include First Solar Inc. (NASDAQ: FSLR), SolarCity Corporation (NASDAQ: SCTY), Trimble Navigation Ltd (NASDAQ: TRMB) and Extreme Networks Inc. (NASDAQ: EXTR). Free technical research on FSLR, SCTY, TRMB and EXTR can be downloaded upon signing up at:
http://www.investor-edge.com/2279-register
On Wednesday, First Solar Inc.'s stock edged 5.75% lower, closing the day at $63.57. The stock recorded a trading volume of 8.44 million shares, much above to its three months average volume of 5.06 million shares. The stock oscillated between $61.81 and $69.29 during the trading session. Although, First Solar Inc.'s shares have declined 6.51% in the last one month, it has surged 27.57% in the last three months and 16.34% on YTD basis. Shares of the company traded at a PE ratio of 13.88. The S&P 500 Information Technology Sector Index gained 2.54% in the previous three months, while the NASDAQ Composite Index declined 1.41% during the same period. First Solar Inc.'s stock is trading above its 200-day moving averages of $53.35. Moreover, shares of the company have a Relative Strength Index (RSI) of 49.89. On May 06, 2014, First Solar Inc. announced its Q12014 financial results with reported net profit attributable to First Solar Inc. of $112.00 million, or $1.10 per diluted share. Sign up today to read free research on FSLR at:
http://www.investor-edge.com/2279-FSLR-08May2014.pdf
On Wednesday, shares in SolarCity Corp. traded between $45.79 and $53.50 before ending the day 9.05% lower at $47.71. The company's stock reported a trading volume of 9.37 million shares on Wednesday, which was above its three months average volume of 5.12 million shares. Over the previous three trading sessions, and last one month, SolarCity Corp. has declined 12.02% and 12.14%, respectively. Moreover, the stock has lost 16.03%, since beginning of the year. The S&P 500 Industrials Sector Index advanced 4.85% in the last three months, while the NASDAQ Composite Index has fallen by 1.41% during the same period. The stock is trading below its 50-day and 200-day moving averages. SolarCity Corp.'s 50-day moving average of $65.15 is greater than its 200-day moving average of $54.65. Additionally, the company's stock has an RSI of 37.91. Sign up today to read free research on SCTY at:
http://www.investor-edge.com/2279-SCTY-08May2014.pdf
On Wednesday, shares in Trimble Navigation Ltd recorded a trading volume of 9.68 million shares, which was above its three months average volume of 1.52 million shares. The stock finished the day at $35.08, which was 8.10% lower to its previous day's closing, and registered an intraday range of $31.92 and $35.09. Although Trimble Navigation Ltd's shares have fallen by 5.77% in the last one month, it has gained 9.69% in the previous three months and 1.10% on YTD basis. Trimble Navigation Ltd's stock is trading above its 200-day moving average of $32.73. Furthermore, shares of the company traded at a PE ratio of 35.93. On May 06, 2014, Trimble Navigation Ltd announced its Q1 2014 financial results.For Q1 2014, the company reported GAAP net profit attributable to Trimble Navigation Ltd of $68.6 million, or $0.26 per diluted share. Sign up today to read free research on TRMB at:
http://www.investor-edge.com/2279-TRMB-08May2014.pdf
Extreme Networks Inc.'s stock closed Wednesday's session 25.89% lower at $3.95. A total of 9.33 million shares were traded, which was above its three months average volume of 1.83 million shares. The stock moved between $3.80 and $4.65 during the session. Over the previous three trading sessions and over the last three months, Extreme Networks Inc.'s shares have plummeted 28.57% and 30.34%, respectively. Additionally, the company's stock has lost 43.41%, since the beginning of the year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $5.75 is greater than its 200-day moving average of $5.69. On May 06, 2014, Extreme Networks Inc. announced its Q3 FY 2014 financial results (period ended March 31, 2014). For Q3 FY 2014, the company reported GAAP net loss attributable to Extreme Networks Inc. of $25.1 million, or $0.26 per diluted share. Sign up today to read free research on EXTR at:
http://www.investor-edge.com/2279-EXTR-08May2014.pdf
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