Internet Software and Services Stocks on the Move - Yahoo!, Twitter, Conversant, VeriSign, and GrubHub
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LONDON, October 29, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Yahoo! Inc. (NASDAQ: YHOO), Twitter Inc. (NYSE: TWTR), Conversant Inc. (NASDAQ: CNVR), VeriSign Inc. (NASDAQ: VRSN), and GrubHub Inc. (NYSE: GRUB). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Tuesday, October 28, 2014, the NASDAQ Composite ended at 4,564.29, up 1.75%, the Dow Jones Industrial Average advanced 1.12%, to finish the day at 17,005.75, and the S&P 500 closed at 1,985.05, up 1.19%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 658.82, up 1.42%, with the index also advancing 2.28% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Yahoo! Inc.'s stock finished Tuesday's session 2.62% higher at $45.87, hitting a new 52-week high of $46.15. A total of 35.61 million shares were traded, which was close to its three months average volume of 34.30 million shares. The stock moved between $44.88 and $46.15 during the session. Over the last one month and the previous three months, Yahoo! Inc.'s shares have surged 12.81% and 27.77%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 13.43%. The company's shares closed above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $40.04 is greater than its 200-day moving average of $37.06. Yahoo! Inc.'s stock traded at a PE ratio of 34.57 and has a Relative Strength Index (RSI) of 71.71. Sign up and read the free notes on YHOO at:
http://www.Investor-Edge.com/YHOO-29Oct2014
On Tuesday, shares in Twitter Inc. fluctuated between $41.76 and $44.58 before ending the session 9.84% lower at $43.78. The stock reported a trading volume of 82.69 million shares, much above its three months average volume of 27.40 million shares. Although, Twitter Inc.'s shares have surged 15.42% in the previous three months, it has lost 11.86% in the last three trading sessions and 31.22% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $50.29 and $46.29, respectively. Moreover, shares of Twitter Inc. have an RSI of 43.94. The complimentary notes on TWTR can be downloaded as in PDF format at:
http://www.Investor-Edge.com/TWTR-29Oct2014
Conversant Inc.'s stock advanced 1.46%, to close the day at $35.33. The stock recorded a trading volume of 1.44 million shares, above its three months average volume of 1.37 million shares. The stock oscillated between $34.75 and $35.42 during the session. Over the last one month and over the past three months, Conversant Inc.'s shares have gained 2.88% and 49.89%, respectively. Further, the stock has surged 51.18% since the start of this year. The company's stock closed above its 50-day and 200-day moving averages. The stock's 50-day moving average of $31.66 is above its 200-day moving average of $26.35. Additionally, Conversant Inc. traded at a PE ratio of 25.06 and has an RSI of 69.73. Register for free on Investor-Edge and access the latest research on CNVR at:
http://www.Investor-Edge.com/CNVR-29Oct2014
On Tuesday, shares in VeriSign Inc. recorded a trading volume of 1.10 million shares, close to its three months average volume of 1.13 million shares. The stock ended the day at $59.04, which was 0.68% above its previous day's closing of $58.64, and registered an intraday range of $58.45 and $59.28. Shares of the company traded at a PE ratio of 14.72. VeriSign Inc.'s shares have advanced 6.40% in the last one month and 9.39% in the previous three months. However, the stock has declined 1.24% on YTD basis. The company's stock closed above its 50-day and 200-day moving averages of $55.85 and $53.38, respectively. Furthermore, shares of VeriSign Inc. have an RSI of 65.10. The complete research on VRSN is available for free at:
http://www.Investor-Edge.com/VRSN-29Oct2014
GrubHub Inc.'s stock edged 0.63% lower, to close Tuesday's session at $36.24, after oscillating between $35.66 and $36.51. The stock recorded a trading volume of 2.22 million shares, above its three months average volume of 0.90 million shares. Although, GrubHub Inc.'s shares have advanced 4.80% in the last one month, it has lost 2.55% in the previous three trading sessions. The company's stock closed below its 50-day moving average of $37.82. Further, GrubHub Inc.'s stock has an RSI of 48.20. Free in depth research on GRUB is available at:
http://www.Investor-Edge.com/GRUB-29Oct2014
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