Morning Coverage of Equities Reaching New Highs -- Research on Hanesbrands, PNM Resources, Booz Allen Hamilton Holding, and Landstar System
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LONDON, April 28, 2014 /PRNewswire/ --
The trading session on Friday, April 25, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,361.46, down 0.85% and the NASDAQ Composite closed at 4,075.56, down 1.75%. The S&P 500 ended the day 0.81% lower at 1,863.40. The losses were broad based as eight out of ten sectors finished on a lower note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Hanesbrands Inc. (NYSE: HBI), PNM Resources Inc. (NYSE: PNM), Booz Allen Hamilton Holding Corp. (NYSE: BAH) and Landstar System Inc. (NASDAQ: LSTR). Free technical research on HBI, PNM, BAH and LSTR can be downloaded upon signing up at:
http://www.investor-edge.com/1776-register
Hanesbrands Inc.'s stock ended the day at $78.94, up 4.65%, hitting a new 52-week high of $81.83. A total of 2.31 million shares were traded, which is above its three months average volume of 0.86 million shares. The stock moved between $78.49 and $81.83 during the session. Over the last one month and the previous three months, Hanesbrands Inc.'s shares have gained 3.85% and 22.96%, respectively. Moreover, since the beginning of the year, the company's stock has gained 12.34%. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 1.67% during the session and 1.40% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $74.88 is greater than its 200-day moving average of $67.18. Hanesbrands Inc.'s stock traded at a PE ratio of 18.39 and has a Relative Strength Index (RSI) of 63.64. Sign up today to read free research on HBI at:
http://www.investor-edge.com/1776-HBI-28Apr2014.pdf
On Friday, PNM Resources Inc.'s stock oscillated between $27.57 and $28.12, hitting a new 52-week high of $28.12. The company's shares closed the day 1.19% higher at $28.03. PNM Resources Inc.'s stock reported a trading volume of 0.89 million shares, above its three months average volume of 0.43 million shares. Shares of the company traded at a PE ratio of 19.88. PNM Resources Inc.'s shares have advanced 2.45% in the previous three trading sessions, 4.67% in the last one month and 16.21% on YTD basis. The S&P 500 Utilities Sector Index mapped a gain of 1.14% during the session and 1.92% in the previous three trading sessions. PNM Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $26.57 and $24.16, respectively. Moreover, shares of the company have an RSI of 68.39. Sign up today to read free research on PNM at:
http://www.investor-edge.com/1776-PNM-28Apr2014.pdf
Shares in Booz Allen Hamilton Holding Corp. gained 1.20% on Friday, finishing the day at $22.82, hitting a new 52-week high of $22.95. The stock recorded a trading volume of 0.63 million shares, below its three months average volume of 0.75 million shares. The stock oscillated between $22.52 and $22.95 during the trading session. Over the last three trading sessions and past one month, shares in Booz Allen Hamilton Holding Corp. have gained 1.83% and 5.11%, respectively. Additionally, the stock has surged 25.90% since the start of this year. The S&P 500 Information Technology Sector Index mapped a loss of 1.37% during the session, while the index has gained 3.52% in the last three months. The stock is trading above its 50-day and 200-day moving averages of $21.53 and $18.42, respectively. Further, the stock traded at a PE ratio of 14.11 and has an RSI of 64.41. Sign up today to read free research on BAH at:
http://www.investor-edge.com/1776-BAH-28Apr2014.pdf
On Friday, Landstar System Inc.'s stock edged 0.86% higher, closing the day at $63.20, after hitting a new 52-week high of $64.03. The stock recorded a trading volume of 0.61 million shares, above its three month average volume of 0.43 million shares. Shares of the company traded at a PE ratio of 25.73. Landstar System Inc.'s shares have gained 2.05% in the previous three trading sessions and 9.70% in the last one month. Moreover, the stock has advanced 10.01% since the beginning of the year. The S&P 500 Industrials Sector Index mapped a loss of 0.89% during the session, while the index has gained 1.52% in the last one month. Landstar System Inc.'s stock is trading above its 50-day and 200-day moving averages of $59.59 and $56.60, respectively. Furthermore, shares of the company have an RSI of 68.83. Sign up today to read free research on LSTR at:
http://www.investor-edge.com/1776-LSTR-28Apr2014.pdf
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