Momentum Indicators for Software Equities -- Microsoft, CA Inc., Fortinet, CyberArk Software, and CDK Global
LONDON, March 12, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Microsoft Corporation (NASDAQ: MSFT), CA Inc. (NASDAQ: CA), Fortinet Inc. (NASDAQ: FTNT), CyberArk Software Ltd (NASDAQ: CYBR), and CDK Global Inc. (NASDAQ: CDK). Free research report on Microsoft can be accessed at http://get.Investor-Edge.com/pdf/?c=Microsoft&d=12-Mar-2015&s=MSFT. On Wednesday, March 11, 2015, the NASDAQ Composite ended at 4,849.94, down 0.20%, the Dow Jones Industrial Average declined 0.16%, to finish the day at 17,635.39, and the S&P 500 closed at 2,040.24, down 0.19%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 690.30, down 0.69%, while the index has advanced 0.36% in the previous three months. Register for your complimentary reports at the links given below.
On Wednesday, shares in Microsoft Corp. recorded a trading volume of 32.21 million shares, lower than its three months average volume of 36.61 million shares. The stock ended the day at $41.98, which was 0.12% below its previous day's closing of $42.03, and registered an intraday range of $41.84 and $42.37. Shares of the company traded at a PE ratio of 15.94. Microsoft Corp.'s shares have lost 0.90% in the previous three trading sessions and 0.94% in the last one month. However, the stock has advanced 10.42% in the past one year. The company is trading below its 50-day and 200-day moving averages of $44.36 and $44.79, respectively. Furthermore, shares of Microsoft Corp. have a Relative Strength Index (RSI) of 36.83. Sign up and read the free notes on MSFT at:
http://get.Investor-Edge.com/pdf/?c=Microsoft&d=12-Mar-2015&s=MSFT
CA Inc.'s stock edged 0.29% lower, to close Wednesday's session at $31.22, after oscillating between $30.17 and $31.48. The stock recorded a trading volume of 2.26 million shares, below its three months average volume of 3.14 million shares. Over the last three trading sessions and the previous year, CA Inc.'s shares have lost 1.55% and 4.38%, respectively. However, the stock has gained 3.67% in the last three months. The company is trading above its 200-day moving average. The stock's 50-day moving average of $31.49 is above its 200-day moving average of $29.49. Further, CA Inc.'s stock traded at a PE ratio of 16.61 and has an RSI of 41.34. The complimentary notes on CA can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=CA%20Inc.&d=12-Mar-2015&s=CA
Fortinet Inc.'s stock finished Wednesday's session 1.46% higher at $33.38. A total of 0.91 million shares were traded, which was below its three months average volume of 1.86 million shares. The stock moved between $32.94 and $33.41 during the session. Fortinet Inc.'s shares have advanced 1.81% in the last one month and 17.70% in the previous three months. Additionally, the stock has surged 46.15% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $31.99 is greater than its 200-day moving average of $27.13. Fortinet Inc.'s stock traded at a PE ratio of 212.82 and has an RSI of 49.44. Register for free on Investor-Edge and access the latest research on FTNT at:
http://get.Investor-Edge.com/pdf/?c=Fortinet&d=12-Mar-2015&s=FTNT
On Wednesday, shares in CyberArk Software Ltd fluctuated between $53.03 and $56.16 before ending the session 1.65% higher at $55.60. The stock reported a trading volume of 1.32 million shares, below its three months average volume of 1.48 million shares. CyberArk Software Ltd's shares have surged 33.05% in the last one month and 46.90% in the past three months. The company is trading above its 50-day moving average of $45.12. Moreover, shares of CyberArk Software Ltd have an RSI of 52.02. The complete research on CYBR is available for free at:
http://get.Investor-Edge.com/pdf/?c=CyberArk%20Software&d=12-Mar-2015&s=CYBR
CDK Global Inc.'s stock edged 0.54% higher, to close the day at $46.55. The stock recorded a trading volume of 0.79 million shares, below its three months average volume of 1.15 million shares. The stock oscillated between $46.10 and $46.73 during the session. Over the last three trading sessions and over the past three months, CDK Global Inc.'s shares have gained 1.04% and 15.88%, respectively. The company is trading above its 50-day moving average of $44.71. Additionally, CDK Global Inc. has an RSI of 51.31. Free in depth research on CDK is available at:
http://get.Investor-Edge.com/pdf/?c=CDK%20Global&d=12-Mar-2015&s=CDK
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