Comprehensive Technical Coverage - Most Active -- Research on Best Buy, United Technologies, Visa, and Primero Mining
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LONDON, March 24, 2014 /PRNewswire/ --
The trading session on Friday, March 21, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,302.77, down 0.17% and the NASDAQ Composite closed at 4,276.79, down 0.98%. The S&P 500 finished the session 0.29% lower at 1,866.52. The losses were narrow based with four out of ten sectors ending the session in negative. During the session gains in the Utilities, Materials and Energy sectors positively impacted the broader market, while some retraction came in from Health Care, Consumer Discretionary and Information Technology sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Best Buy Co. Inc. (NYSE: BBY), United Technologies Corp. (NYSE: UTX), Visa Inc. (NYSE: V) and Primero Mining Corp. (NYSE: PPP). Free technical research on BBY, UTX, V and PPP can be downloaded upon signing up at:
http://www.investor-edge.com/429-register
On Friday, Best Buy Co. Inc.'s shares recorded heavy trading as a total of 12.20 million shares changed hands, as compared with a three-month average volume of 10.89 million shares. The stock traded at an intraday trading range of $25.91 and $26.96, before closing the day at an intra-day high of $26.96, up 4.33 %. Shares of the company traded at a PE ratio of 13.41. Best Buy Co. Inc.'s shares have gained 4.17% in the past three trading sessions and 9.42% in the last one month, while the shares have fallen by 32.40% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.35% in the previous one month, while the S&P 500 went up by 1.02% during the same period. The stock is trading above its 50-day moving average. Best Buy Co. Inc.'s 200-day moving average of $33.65 is above the 50-day moving average of $26.35. The stock is trading at a Relative Strength Index (RSI) of 57.64. Sign up today to read free research on BBY at:
http://www.investor-edge.com/429-BBY-24Mar2014.pdf
Shares in United Technologies Corp. recorded heavy trading as a total of 10.34 million shares changed hands, against a three-month average volume of 3.51 million shares. On Friday, the stock finished the day at $114.57, up 0.70% and at an intraday range of $114.41 and $117.60. The stock traded at a PE ratio of 19.05. United Technologies Corp.'s shares have declined 0.10% in the past three trading sessions and 0.70% in the last one month, while gaining 0.68% on YTD basis. The S&P 500 Industrials Sector Index declined 0.73% in the previous three trading sessions, while the S&P 500 fell by 0.31% during the same period. The stock is trading above its 50-day and 200-day moving averages of $114.18 and $107.25, respectively. The company's shares are trading at an RSI of 49.00. Sign up today to read free research on UTX at:
http://www.investor-edge.com/429-UTX-24Mar2014.pdf
Visa Inc.'s shares saw heavy trading as a total of 9.52 million shares changed hands on Friday, as compared with a three-month average volume of 3.11 million shares. The stock closed the day at $223.37, up 0.70% and at an intraday range of $219.70 and $232.67. Shares of the company traded at a PE ratio of 28.45. The company's shares have lost 1.34% in the previous three trading sessions and have traded flat in the last one month, while the shares gained 0.31% on YTD basis. The S&P 500 Information Technology Sector Index went up by 0.85% in the last one month, while the S&P 500 gained 1.02% during the same period. The stock is trading above its 50-day and 200-day moving averages of $223.12 and $200.38, respectively. The company's shares have an RSI of 49.73. Sign up today to read free research on V at:
http://www.investor-edge.com/429-V-24Mar2014.pdf
Shares in Primero Mining Corp. saw heavy trading as a total of 18.15 million shares were exchanged, against a three-month average volume of 0.76 million shares. On Friday, the stock finished the day at $7.31, down 3.69% and with an intraday fluctuation between $7.19 and $7.75. Primero Mining Corp.'s shares have lost 7.00% in the past three trading sessions, while gaining 8.94% in the last one month and 64.64% on YTD basis. The S&P 500 Materials Sector Index gained 3.80% in the last three months, while the S&P 500 went up by 1.81% during the same period. The stock is trading above its 50-day and 200-day moving averages of $6.20 and $5.36, respectively. The company's shares have an RSI of 58.31. Sign up today to read free research on PPP at:
http://www.investor-edge.com/429-PPP-24Mar2014.pdf
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