Pre-Market Analysis on Top Gainers -- Research on DIRECTV, Yongye Intl., Steelcase, and Carlyle Group
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LONDON, March 28, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Wednesday, March 26, 2014, with the NASDAQ Composite closing at 4,173.58, down 1.43%, the Dow Jones Industrial Average ending the session at 16,268.99, down 0.60% and the S&P 500 edging 0.70% lower to finish the trading session at 1,852.56. The losses were broad based as nine out of 10 sectors ended the session in negative. A number of stocks saw large movements, including DIRECTV (NASDAQ: DTV), Yongye International Inc. (NASDAQ: YONG), Steelcase Inc. (NYSE: SCS) and The Carlyle Group (NASDAQ: CG). Free technical research on DTV, YONG, SCS and CG can be downloaded upon signing up at:
http://www.investor-edge.com/530-register
Shares in DIRECTV edged 5.70% higher, finishing Wednesday's session at $77.34. The stock fluctuated between $72.85 and $79.00 during the session with a trading volume of 13.51 million shares as compared to a three months average volume of 4.27 million shares. Shares in DIRECTV have advanced 3.11% in the last one month and 14.76% in the previous three months. The company's shares were traded at a PE ratio of 14.25 and have gone up 11.99% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 0.79% during the trading session and the same has declined 3.17% in the last one month. Furthermore, the stock indicated a Relative Strength Index (RSI) of 37.37 and is trading above its 50-day and 200-day moving averages of $73.57 and $65.62, respectively. Sign up today to read free research on DTV at:
http://www.investor-edge.com/530-DTV-27Mar2014.pdf
On Wednesday, shares in Yongye International Inc. ended the session at $6.80, up 13.33%, hitting a new 52-week high of $6.86. A total of 6.72 million shares were traded as compared to a three months average volume of 1.07 million shares. During the session, the stock traded between $6.72 and $6.86 and at a PE ratio of 2.17. Yongye International Inc.'s shares have surged 12.96% in the previous three trading sessions, 3.66% in the last one month and 6.25% on YTD basis. The S&P 500 Materials Sector Index mapped a loss of 1.39% during the trading session and charted up 0.37% in the last one month. Further, the stock indicated an RSI of 48.19 and is trading above its 50-day and 200-day moving averages of $6.33 and $6.10, respectively. Sign up today to read free research on YONG at:
http://www.investor-edge.com/530-YONG-27Mar2014.pdf
Steelcase Inc.'s stock finished Wednesday's session at $16.28, up 11.66% after vacillating between $15.86 and $16.91. A total of 3.23 million shares were traded, which is above its three months average volume of 0.50 million shares. The company's shares traded at a PE ratio of 20.50 and have gone up 2.65% on YTD basis. Steelcase Inc.'s shares have rallied 10.00% in the previous three trading sessions and 9.04% in the last one month. The S&P 500 Industrials Sector Index mapped a loss of 0.94% during the trading session, while the same has gained 0.02% in the last one month. Additionally, the stock has an RSI of 48.27 and it is trading above its 50-day and 200-day moving averages of $14.69 and $15.27, respectively. On March 25, 2014, Steelcase Inc. reported its Q4 FY 2014 and FY 2014 (period ended February 28, 2014). The Company's Q4 FY 2013 net income was $23.9 million, or $0.19 per diluted share, compared to a net loss of 27.5 million or $0.22 loss per diluted share in Q4 FY 2013. The Company's FY 2013 net income was $87.7 million, against that of $38.8 million in FY 2013. Sign up today to read free research on SCS at:
http://www.investor-edge.com/530-SCS-27Mar2014.pdf
The Carlyle Group L.P.'s stock closed Wednesday's session at $32.86, which is 4.82% higher than the previous day's closing price of $31.35. A total of 2.54 million shares were traded as compared to a three months average volume of 0.59 million shares. The stock oscillated between $32.55 and $33.80 during the trading session and traded at a PE ratio of 18.26. The Carlyle Group L.P.'s shares have lost 12.86% in the last one month and 7.75% on YTD basis. The S&P 500 Financials Sector Index mapped a loss of 0.94% during the trading session and charted up 3.40% in the last one month. Moreover, the stock indicated an RSI of 32.68 and its trading above its 200-day moving average of $30.52. Sign up today to read free research on CG at:
http://www.investor-edge.com/530-CG-27Mar2014.pdf
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