Equities Marking a New High -- Research on JD.com, NRG Energy, Merrimack Pharma and Arris Group
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LONDON, May 28, 2014 /PRNewswire/ --
The U.S. markets on Tuesday, May 27, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,675.50, up 0.42% and the NASDAQ Composite closed at 4,237.07, up 1.22%. The S&P 500 finished the session 0.60% higher at 1,911.91. During the trading session, nine out of ten sectors finished on a higher note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include JD.com Inc. (NASDAQ: JD), NRG Energy Inc. (NYSE: NRG), Merrimack Pharmaceuticals Inc. (NASDAQ: MACK) and Arris Group Inc. (NASDAQ: ARRS). Free technical research on JD, NRG, MACK and ARRS can be downloaded upon signing up at:
http://www.investor-edge.com/3094-register
JD.com Inc.'s stock ended the day at $22.97, up 14.28%, hitting a new 52-week high of $22.98. The stock vacillated between $20.25 and $22.98 and a total of 15.32 million shares were traded during the session. Over the last three trading sessions, JD.com Inc.'s shares have rallied 20.89%. Sign up today to read free research on JD at:
http://www.investor-edge.com/3094-JD-28May2014.pdf
On Tuesday, NRG Energy Inc.'s stock oscillated between $34.75 and $35.33, hitting a new 52-week high of $35.33. Shares in the company surged 4.72% higher to end the session at $35.31. The company's stock reported a trading volume of 6.44 million shares, much above its three months average volume of 3.76 million shares. Shares of the company traded at a PE ratio of 14.13. NRG Energy Inc.'s shares have gained 5.00% in the previous three trading sessions, 6.48% in the last one month, and 22.95% on YTD basis. The S&P 500 Utilities Sector Index registered a gain of 0.82% during the session, with the index gaining 4.58% in the previous three months. NRG Energy Inc.'s stock is trading above its 50-day and 200-day moving averages of $32.49 and $28.92, respectively. Moreover, shares of the company have an RSI of 55.99. Sign up today to read free research on NRG at:
http://www.investor-edge.com/3094-NRG-28May2014.pdf
Shares in Merrimack Pharmaceuticals Inc. gained 6.38% on Tuesday, finishing the day at $8.00, hitting a new 52-week high of $8.06. The stock recorded a trading volume of 2.69 million shares, above its three months average volume of 2.12 million shares. The stock oscillated between $7.57 and $8.06 during the trading session. Over the last three trading sessions and past one month, Merrimack Pharmaceuticals Inc.'s shares have rallied 16.62% and 78.97%, respectively. Furthermore, the stock has surged 50.07% since the start of this year. The S&P 500 Health Care Sector Index recorded a gain of 0.56% during the session, with the index advancing 3.21% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Merrimack Pharmaceuticals Inc.'s 50-day moving average of $5.63 is above its 200-day moving average of $4.61. Additionally, the stock has an RSI of 70.49. Sign up today to read free research on MACK at:
http://www.investor-edge.com/3094-MACK-28May2014.pdf
On Tuesday, ARRIS Group Inc.'s stock gained 2.16%, closing the day at $31.70, after hitting a new 52-week high of $31.99. The stock recorded a trading volume of 2.96 million shares, above its three month average volume of 1.89 million shares. Shares of the company traded at a PE ratio of 49.77. ARRIS Group Inc.'s shares have surged 6.88% in the previous three trading sessions, 23.06% in the last one month, and 30.24% on YTD basis. The S&P 500 Information Technology Sector Index advanced 0.99% during the session, with the index gaining 5.14% in the last one month. ARRIS Group Inc.'s stock is trading above its 50-day and 200-day moving averages of $27.70 and $22.68, respectively. Furthermore, shares of the company have an RSI of 69.64. Sign up today to read free research on ARRS at:
http://www.investor-edge.com/3094-ARRS-28May2014.pdf
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