Expert Briefing - New Highs: DIRECTV, Goodyear Tire & Rubber, Cognizant Technology Solutions, and Bitauto Holdings
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LONDON, March 7, 2014 /PRNewswire/ --
On Thursday, March 06, 2014, the NASDAQ Composite finished at 4,352.13, down 0.13% for the day. The Dow Jones Industrial Average closed the session at 16,421.89, up 0.38% and the S&P 500 ended the day at 1,877.03, higher by 0.17%. The gains were broad based with 7 of 10 sectors going up. Investor-Edge.com looks at some of the equities that during the last session hit a new 52-week high. These include DIRECTV (NASDAQ:DTV), The Goodyear Tire & Rubber Co. (NASDAQ: GT), Cognizant Technology Solutions Corporation (NASDAQ: CTSH), and Bitauto Holdings Ltd (NYSE: BITA). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Thursday, DIRECTV's stock advanced 2.42% to close the day at $79.99, hitting a new 52-week high of $80.23. The stock recorded a trading volume of 4.30 million shares, compared with the 3-month average volumes of 4.16 million shares and traded between $78.01 and $80.23. The company's shares traded at a PE ratio of 14.74 and were up 15.83% on YTD basis. Shares of DIRECTV have gained 2.60% in the past three trading sessions and surged 20.39% in the last three months. The stock also saw a gain of 14.04% in the last one month. The S&P 500 Consumer Discretionary sector Index mapped a gain of 0.32% during the session and charted up by 6.45% during the last one month. The stock is trading above its 50-day and 200-day moving averages. DIRECTV's 200-day moving average of $64.64 is below the 50-day moving average of $71.28. Furthermore, the company's shares were trading at the Relative Strength Index (RSI) of 81.42. Sign up and read the free notes on DTV at:
http://www.Investor-Edge.com/03072014/DTV/report.pdf
Shares in The Goodyear Tire & Rubber Co. finished the day at $28.12, up 2.29%, hitting a new 52-week high of $28.14 on Thursday. The stock reported a trading volume of 7.22 million shares during the trading session compared with the 3-month average volume of 4.20 million shares. The Goodyear Tire & Rubber Co.'s shares traded at a PE ratio of 10.72 and were up 17.90% on YTD basis. Shares of the company have surged 21.05% in the last one month and 24.65% in the previous three months. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.32% during the session and has advanced 3.67% in the previous three months. The stock is trading above both its 50-day and 200-day moving averages. The company's 200-day moving average of $20.72 is below the 50-day moving average of $24.68. RSI of the company was 71.07 at the end of the session. The complimentary notes on GT can be downloaded as in PDF format at:
http://www.Investor-Edge.com/03072014/GT/report.pdf
On Thursday, shares in Cognizant Technology Solutions Corp. traded in the range of $105.46 and $108.00, hitting a new 52-week high of $108.00. The company's stock reported a gain of 1.37%, ending the day at $107.09. A total of 2.91 million shares were traded, which is above the 3-months average volume of 1.85 million. The company's shares have gained 12.15% in the last one month and 11.32% in the previous three months. Shares of the company traded at a PE Ratio of 26.17 and were up 6.05% on YTD basis. The S&P 500 Information Technology Sector Index posted gains of 1.64% in the previous three trading sessions and 5.85% in the last three months. The stock is trading above both its 50-day and 200-day moving averages. Cognizant Technology Solutions Corp.'s 200-day moving average of $83.56 is below the 50-day moving average of $99.46. It is trading at RSI of 66.12. Register for free on Investor-Edge and access the latest research on CTSH at:
http://www.Investor-Edge.com/03072014/CTSH/report.pdf
Bitauto Holdings Ltd's stock declined 3.22%, closing the day at $43.26 after hitting new 52-weeks high of $46.93. The stock recorded a trading volume of 2.95 million shares, compared with the 3-month average volume of 1.25 million shares. Bitauto Holdings Ltd's stocks traded at a PE ratio of 45.56 and were up 35.36% on YTD basis. Shares of the company have rallied 47.44% in the last one month and 52.22% in the previous three months. Despite Thursday's decline, the company stock has witnessed a gain of 9.21% in the previous three trading sessions. The S&P 500 Information Technology Sector Index mapped a gain of 0.01% during the session and charted up by 5.64% during the last one month. The stock is trading above its 50-day and 200-day moving averages. Bitauto Holdings Ltd's 200-day moving average of $21.97 is below the 50-day moving average of $33.66. Furthermore, the stock was trading at the Relative Strength Index (RSI) of 77.78. The complete research on BITA is available for free at:
http://www.Investor-Edge.com/03072014/BITA/report.pdf
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