Market Signal - Stocks Hitting New High -- Research on Altria, Pepco Holdings, Platform Specialty Products, and New Jersey Resources

LONDON, May 19, 2014 /PRNewswire/ --

The markets on Friday, May 16, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,491.31, up 0.27% and the NASDAQ Composite closed at 4,090.59, up 0.52%. The S&P 500 finished the day 0.37% higher at 1,877.86. 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 Altria Group Inc. (NYSE: MO), Pepco Holdings Inc. (NYSE: POM), Platform Specialty Products Corp. (NYSE: PAH) and New Jersey Resources Corp. (NYSE: NJR). Free technical research on MO, POM, PAH and NJR can be downloaded upon signing up at:

http://www.investor-edge.com/2697-register

Altria Group Inc.'s stock ended the day at $40.69, up 1.60%, hitting a new 52-week high of $40.69. A total of 8.20 million shares were traded on Friday, above its three months average volume of 7.67 million shares. The stock moved between $40.01 and $40.69 during the session. Over the previous three trading sessions and in the last one month, Altria Group Inc.'s shares have gained 0.20% and 5.83%, respectively. Moreover, the company's stock has gained an upside of 5.99% since the beginning of the year. The company's shares are trading above their 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $38.22 is greater than its 200-day moving average of $36.63. Altria Group Inc.'s stock traded at a PE ratio of 16.68 and has a Relative Strength Index (RSI) of 69.97. Sign up today to read free research on MO at:

http://www.investor-edge.com/2697-MO-19May2014.pdf

On Friday, Pepco Holdings Inc.'s stock oscillated between $27.59 and $27.76, hitting a new 52-week high of $27.76. The company's shares closed the day 0.29% lower at $27.60. Pepco Holdings Inc.'s stock reported a trading volume of 6.86 million shares, which was above its three months average volume of 4.67 million shares. Shares of the company traded at a PE ratio of 24.21. Pepco Holdings Inc.'s shares have surged 29.33% in the last one month, 33.46% in the previous three months and 44.28% on YTD basis. The S&P 500 Utilities Sector Index mapped a gain of 0.27% during the session, and the index has advanced 4.77% in the last three months. Pepco Holdings Inc.'s stock is trading above its 50-day and 200-day moving averages of $22.42 and $19.97, respectively. Furthermore, shares of the company have an RSI of 86.79. Sign up today to read free research on POM at:

http://www.investor-edge.com/2697-POM-19May2014.pdf

Shares in Platform Specialty Products Corp. surged 6.38% on Friday, finishing the day at $22.35, hitting a new 52-week high of $22.60. The stock recorded a trading volume of 0.78 million shares, above its three months average volume of 0.74 million shares. The stock oscillated between $21.23 and $22.60 during the trading session. Over the last three trading sessions and in the past one month, Platform Specialty Products Corp.'s shares have gained 10.70% and 11.86%, respectively. Additionally, the stock has surged 59.64% since the start of this year. The S&P 500 Materials Sector Index advanced 0.40% during the session, while the index has declined 1.02% in the previous three trading sessions. The company's stock is trading above its 50-day moving average of $20.10. Moreover, the company's shares have an RSI of 72.38. Sign up today to read free research on PAH at:

http://www.investor-edge.com/2697-PAH-19May2014.pdf

On Friday, shares in New Jersey Resources Corp. advanced 2.72%, closing the day at $52.48, after hitting a new 52-week high of $52.54. The stock recorded a trading volume of 0.40 million shares, above its three month average volume of 0.22 million shares. Shares of the company traded at a PE ratio of 11.06. New Jersey Resources Corp.'s shares have gained 5.00% in the previous three trading sessions, 7.74% in the last one month and 13.49% on YTD basis. The S&P 500 Utilities Sector Index mapped a gain of 0.27% during the session, and the index has advanced 10.31% on YTD basis. New Jersey Resources Corp.'s stock is trading above its 50-day and 200-day moving averages of $48.78 and $45.74, respectively. Further, shares of the company have an RSI of 74.76. Sign up today to read free research on NJR at:

http://www.investor-edge.com/2697-NJR-19May2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED