Equities Briefing on Top Gainers -- Research on Tower Semiconductor, BioFuel Energy, Flotek Industries and 22nd Century Group
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LONDON, March 21, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Thursday, March 20, 2014, with the NASDAQ Composite closing at 4,319.29, up 0.27%, the Dow Jones Industrial Average ending the session at 16,331.05, up 0.67% and the S&P 500 edging 0.60% higher to finish the trading session at 1,872.01. During the session, gains in the Information Technology, Financials, and Telecommunication Services sectors positively impacted the broader market. A number of stocks saw large movements, including Tower Semiconductor Ltd (NASDAQ: TSEM), BioFuel Energy Corp. (NASDAQ: BIOF), Flotek Industries Inc. (NYSE: FTK) and 22nd Century Group Inc. (NYSEMKT: XXII). Free technical research on TSEM, BIOF, FTK and XXII can be downloaded upon signing up at:
http://www.investor-edge.com/395-register
Shares in Tower Semiconductor Ltd closed Thursday's session at $9.50, up 8.82%, hitting a 52-week high of $9.64. A total of 1.26 million shares were traded as compared to a three months average volume of 0.35 million shares. The stock oscillated between $8.53 and $9.64 during the trading session. Shares of Tower Semiconductor Ltd have advanced 36.89% in the last one month, 46.15% in the previous three months and 62.67% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 0.65% during the trading session and charted up 1.49% in the last one month. Moreover, the stock is trading at a Relative Strength Index (RSI) of 71.77 and above its 50-day and 200-day moving averages of $6.94 and $5.37, respectively. Sign up today to read free research on TSEM at:
http://www.investor-edge.com/395-TSEM-.pdf
On Thursday, shares in BioFuel Energy Corp. ended the session at $4.11, up 21.01% than the previous day's closing price of $3.40. A total of 1.72 million shares were traded as compared to a three months average volume of 0.37 million shares. The stock traded between $3.40 and $4.15 during the trading session. Shares in BioFuel Energy Corp. have rallied 125.82% in the last one month and 140.35% each in the past three months and on YTD basis. The S&P 500 Energy Sector Index mapped a gain of 0.50% during the trading session and charted up 0.17% in the last one month. Furthermore, the stock is trading at an RSI of 62.43 and above its 50-day and 200-day moving averages of $2.35 and $2.96, respectively. Sign up today to read free research on BIOF at:
http://www.investor-edge.com/395-BIOF-.pdf
Flotek Industries Inc.'s stock finished Thursday's session up 3.91% at $28.19, recording a new 52-week high of $29.19. A total of 1.50 million shares were traded, which is above the three months average volume of 0.71 million shares. The stock fluctuated between $27.03 and $29.19 during the session and traded at a PE ratio of 42.39. Flotek Industries Inc.'s shares have surged 15.68% in the last one month, 41.94% in the previous three months and 40.46% on YTD basis. The S&P 500 Materials Sector Index mapped a gain of 0.47% during the trading session and charted up 2.12% in the last one month. Additionally, the stock is trading at an RSI of 67.45 and above its 50-day and 200-day moving averages of $23.09 and $20.95, respectively. Sign up today to read free research on FTK at:
http://www.investor-edge.com/395-FTK-.pdf
Shares in 22nd Century Group Inc. gained 5.01% on Thursday, closing the session at $3.98. A total of 0.95 million shares were traded as compared to a three months average volume of 0.45 million shares. The stock vacillated between $3.60 and $4.05 during the session. 22nd Century Group Inc.'s shares have gained 7.86% in the last one month, 111.70% in the previous three months and 85.98% on YTD basis. The S&P 500 Consumer Staples Sector Index advanced 0.43% during the trading session and 2.23% in the last one month. Further, the stock is trading at an RSI of 45.65 and above its 50-day and 200-day moving averages of $3.31 and $1.73, respectively. Sign up today to read free research on XXII at:
http://www.investor-edge.com/395-XXII-.pdf
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