Market Updates on Active Equities -- Research on Plug Power, Comcast, Chimera Investment, and Tesla Motors
Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 6, 2014 /PRNewswire/ --
The markets on Thursday, June 05, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,836.11, up 0.59% and the NASDAQ Composite closed at 4,296.23, up 1.05%. The S&P 500 edged 0.65% higher, to finish the day at 1,940.46. The gains were broad based as all the 10 sectors finished higher. During the session healthy gains in the Financials, Industrials and Utilities sectors positively impacted the broader market. Investor-Edge has initiated coverage on the following equities: Plug Power Inc. (NASDAQ: PLUG), Comcast Corporation (NASDAQ: CMCSA), Chimera Investment Corporation (NYSE: CIM) and Tesla Motors Inc. (NASDAQ: TSLA). Free technical research on PLUG, CMCSA, CIM and TSLA can be downloaded upon signing up at:
http://www.investor-edge.com/3509-register
On Thursday, Plug Power Inc.'s stock advanced 2.07%, closing the day at $4.44. The stock recorded a trading volume of 9.94 million shares, much below its three months average volume of 44.15 million shares. The stock oscillated between $4.35 and $4.53 during the trading session. Plug Power Inc.'s shares have gained 1.37% in the past three trading sessions and 9.36% in the last one month. Also, the stock has rallied 186.45% since the start of this year. The S&P 500 Industrials Sector Index advanced 3.17% in the last one month, while the S&P 500 gained 2.96% during the same period. Plug Power Inc.'s stock is trading above its 200-day moving average. The stock's 50-day moving average of $5.52 is higher than its 200-day moving average of $3.00. Moreover, shares of the company have a Relative Strength Index (RSI) of 45.03. Sign up today to read free research on PLUG at:
http://www.investor-edge.com/3509-PLUG-06Jun2014.pdf
On Thursday, Comcast Corp.'s stock recorded a trading volume of 7.34 million shares, which was below its three months average volume of 15.73 million shares. The stock finished the day at $52.71, which was 0.80% higher to its previous day's closing, and registered an intraday range of $52.09 and $52.77. Comcast Corp.'s shares have advanced 0.48% in the last one month and 1.58% in the previous three months. Also, the stock has gained 1.43% on YTD basis. The S&P 500 Consumer Discretionary Sector Index advanced 3.28% in the last one month, while the S&P 500 gained 2.96% during the same period. Comcast Corp.'s stock is trading above its 50-day and 200-day moving averages; while, the 50-day moving average of $50.68 is above its 200-day moving average of $49.20. Furthermore, shares of the company traded at a PE ratio of 19.92 and have an RSI of 60.16. Sign up today to read free research on CMCSA at:
http://www.investor-edge.com/3509-CMCSA-06Jun2014.pdf
Shares in Chimera Investment Corp. closed Thursday's session 4.43% higher at a new 52-week high of $3.30. A total of 19.50 million shares were traded, which was much above its three months average volume of 4.40 million shares. The stock moved between $3.15 and $3.30 during the session. Over the last one month and previous three months, shares in Chimera Investment Corp. have surged 6.80% and 4.76%, respectively. Also, the stock has gone up 13.69% since the beginning of 2014. The S&P 500 Financials Sector Index advanced 3.25% in the last one month, while the NASDAQ Composite Index gained 3.82% during the same period. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $3.10 is greater than its 200-day moving average of $2.97. Further, the stock traded at a PE ratio of 8.05 and has an RSI of 63.97. Sign up today to read free research on CIM at:
http://www.investor-edge.com/3509-CIM-06Jun2014.pdf
Tesla Motors Inc.'s stock traded between $204.05 and $209.20 before ending the day 1.43% higher at $206.90. The company's stock reported a trading volume of 4.05 million shares on Thursday, which was below its three months average volume of 7.17 million shares. Over the last one month and previous three months, Tesla Motors Inc.'s stock has declined 4.48% and 18.11%, respectively. However, the stock has surged 37.54% since start of this year. The S&P 500 Consumer Discretionary Sector Index advanced 3.28% in the last one month, while the NASDAQ Composite Index has gained 3.82% during the same period. The stock is trading above its 50-day and 200-day moving averages. Tesla Motors Inc.'s 50-day moving average of $204.85 is greater than its 200-day moving average of $181.57. Additionally, the company's stock has an RSI of 50.77. Sign up today to read free research on TSLA at:
http://www.investor-edge.com/3509-TSLA-06Jun2014.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?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article