Morning Briefing - 52-Weeks High Breakers: Wells Fargo, Corning, Delta Air Lines and Pfizer
LONDON, March 6, 2014 /PRNewswire/ --
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On Wednesday, March 05, 2014, the NASDAQ Composite finished at 4,357.97, up 0.14%. The Dow Jones Industrial Average closed the session at 16,360.18, down 0.22% and the S&P 500 ended the day at 1,873.81, lower by 0.01%. Investor-Edge.com looks at some of the equities that hit a new 52-week high during the session. These include Wells Fargo & Company (NYSE:WFC), Corning Inc. (NYSE:GLW), Delta Air Lines Inc. (NYSE:DAL), and Pfizer Inc. (NYSE:PFE). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Wells Fargo & Co.'s stock closed the day at $47.09 and edged higher by 0.75% hitting a new high of $47.23 on Wednesday. The stock recorded a trading volume of 13.64 million shares, compared to the 3-month average volume of 16.57 million shares. Wells Fargo's shares traded at a PE ratio of 12.11 and were up 3.72% on YTD basis. Shares of the company have gained 1.44% in the previous three trading sessions and have advanced 8.88% in the previous three months. The company's stock saw a gain of 6.47% in the last one month. The Financials sector index mapped a gain of 0.70% during the trading session and charted up by 6.59% during the last one month. The stock is trading above both its 50-day and 200-day moving averages. Wells Fargo & Co.'s 200-day moving average of $43.18 is below the 50-day moving average of $45.70. RSI of the company was 62.45 at the end of the session. Sign up and read the free notes on WFC at:
http://www.Investor-Edge.com/03062014/WFC/report.pdf
Corning Inc.'s stock is traded in the range of $19.36 and $19.82, hitting new 52-weeks high of $19.82. The company's stock reported a gain of 0.82%, ending the day at $19.66. A total of 11.18 million shares were traded, which is below the 3-months average volume of 11.70 million. The company's shares have surged 12.02% in the last one month and 18.22% in the previous three months. The S&P 500 Information Technology sector Index posted gains of 0.75% in the previous three trading sessions and 6.89% in the last one month. The company's shares have advanced 10.33% on YTD basis. The company's stock is trading above both its 50-day and 200-day moving averages. Corning Inc.'s 200-day moving average of $16.15 is below the 50-day moving average of $18.29. Moreover, the stock's RSI stood at 66.37. The complimentary notes on GLW can be downloaded as in PDF format at:
http://www.Investor-Edge.com/03062014/GLW/report.pdf
Shares in Delta Air Lines Inc. finished Wednesday's session at $34.72, reporting 0.78% gain after hitting new 52-weeks high of $35.15. A total of 11.32 million shares were traded, as compared to the 3-months average volume of 12.74 million shares. The company's stock fluctuated between $34.61 and $35.15 during the trading session. The company's shares have surged 15.66% in the last one month and have witnessed a gain of 24.27% in the previous three months. Shares of the company have gained 26.39% on YTD basis. The S&P 500 Industrials sector Index mapped a gain of 0.18% during the session and charted up by 6.88% during the last one month. The stock is trading above its 50-day and 200-day moving averages. The company's 200-day moving average of $24.58 is below the 50-day moving average of $30.64. The RSI of Delta Air Lines Inc. stood at 67.77. Register for free on Investor-Edge and access the latest research on DAL at:
http://www.Investor-Edge.com/03062014/DAL/report.pdf
On Wednesday, Pfizer Inc.'s stock edged 0.18% higher to end the day at $32.75, after hitting new 52-weeks high of $32.95. The stock recorded a trading volume of 22.45 million shares, compared with the 3-month average volumes of 26.28 million shares and fluctuated between $32.60 and $32.95. The company's shares traded at a PE ratio of 14.17 and were up 6.92% on YTD basis. Shares of the company have gained 1.99% in the past three trading sessions, 6.85% in the last one month and 4.80% in the last three months. The S&P 500 Health Care sector Index mapped a loss of 0.20% during the session, while charted up by 8.79% during the last one month. The stock is trading above both its 50-day and 200-day moving averages. Pfizer Inc.'s 200-day moving average of $29.81 is below the 50-day moving average of $31.07. Furthermore, Pfizer's shares were trading at the Relative Strength Index (RSI) of 65.04. The complete research on PFE is available for free at:
http://www.Investor-Edge.com/03062014/PFE/report.pdf
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