Morning Analysis on Active Equities -- Research on Corning, Exelon, Quantum Fuel Systems Technologies Worldwide, and JetBlue Airways
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LONDON, May 7, 2014 /PRNewswire/ --
The markets on Tuesday, May 06, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,401.02, down 0.78% and the NASDAQ Composite closed at 4,080.76, down 1.38%. The S&P 500 edged 0.90% lower, to finish the day at 1,867.72. The losses were broad based as nine out of ten sectors finished on a negative note. During the session losses in the Financials, Consumer Discretionary, and Information Technology ended in negative, while some positive momentum was observed in the Energy sector. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Corning Inc. (NYSE: GLW), Exelon Corporation (NYSE: EXC), Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ: QTWW) and JetBlue Airways Corporation (NASDAQ: JBLU). Free technical research on GLW, EXC, QTWW and JBLU can be downloaded upon signing up at:
http://www.investor-edge.com/2216-register
On Tuesday, shares in Corning Inc. recorded a trading volume of 12.64 million shares, which was close to its three months average volume of 11.88 million shares. The stock finished the day at $20.66, which was 1.38% lower to its previous day's closing, and registered an intraday range of $20.60 and $20.94. Corning Inc.'s shares have surged 14.27% in the last three months and 15.94%, since from beginning of this year. However, the stock has declined 1.90% in the previous three trading sessions. The S&P 500 Information Technology Sector Index gained 4.20% in the previous three months, while the S&P 500 advanced 5.32% during the same period. Corning Inc.'s stock is trading above its 50-day and 200-day moving averages of $20.24 and $17.30, respectively. Furthermore, shares of the company traded at a PE ratio of 15.14 and have a Relative Strength Index (RSI) of 55.22. Sign up today to read free research on GLW at:
http://www.investor-edge.com/2216-GLW-07May2014.pdf
Shares in Exelon Corp. fluctuated between $35.98 and $36.59 before ending the day 0.55% lower at $36.04. The company's stock reported a trading volume of 8.58 million shares on Tuesday, which was above its three months average volume of 7.32 million shares. Over the last one month, and over the previous three months, Exelon Corp. has advanced 4.55% and 22.21%, respectively. Moreover, the stock has gained 31.58% since the start of this year. Shares of the company traded at a PE ratio of 17.02. The S&P 500 Utilities Sector Index surged 10.35% in the last three months, while the S&P 500 has gained 5.32% during the same period. The stock is trading above its 50-day and 200-day moving averages. Exelon Corp.'s 50-day moving average of $33.17 is greater than its 200-day moving average of $30.09. Additionally, the company's stock has an RSI of 63.95. Sign up today to read free research on EXC at:
http://www.investor-edge.com/2216-EXC-07May2014.pdf
On Tuesday, shares in Quantum Fuel Systems Technologies Worldwide Inc. plummeted 51.90%, closing the day at $3.04. The stock recorded a trading volume of 12.17 million shares, much above its three months average volume of 0.80 million shares. The stock oscillated between $2.99 and $6.34 during the trading session. Quantum Fuel Systems Technologies Worldwide Inc.'s shares have declined 54.56% in the previous three trading sessions, 62.38% in the last three months and 61.03% on YTD basis. The S&P 500 Consumer Discretionary Sector Index edged 0.19% in the previous three months, while the NASDAQ Composite Index advanced 0.58% during the same period. Quantum Fuel Systems Technologies Worldwide Inc.'s stock is trading below its 50-day and 200-day moving averages of $8.64 and $6.07, respectively. Moreover, shares of the company have an RSI of 29.28. Sign up today to read free research on QTWW at:
http://www.investor-edge.com/2216-QTWW-07May2014.pdf
JetBlue Airways Corp.'s stock closed Tuesday's session 1.91% lower at $8.20. A total of 6.93 million shares were traded, which was close to its three months average volume of 6.94 million shares. The stock moved between $8.18 and $8.36 during the session. Over the last three months and since beginning of 2014, JetBlue Airways Corp.'s shares have declined 5.75% and 3.98%, respectively. However, the company's stock has advanced 0.99% in the previous three trading sessions. Shares of the company traded at a PE ratio of 17.03. The S&P 500 Industrials Sector Index advanced 5.65% in the previous three months, while the NASDAQ Composite Index advanced 0.58% during the same period. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $8.62 is greater than its 200-day moving average of $7.88. Further, JetBlue Airways Corp.'s stock has an RSI of 49.33. Sign up today to read free research on JBLU at:
http://www.investor-edge.com/2216-JBLU-07May2014.pdf
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