Pre-market Equity Watch - Information Technology -- Research on International Business Machines, NCR Corp., Rackspace Hosting, and Accenture

LONDON, March 24, 2014 /PRNewswire/ --

On Friday, March 21, 2014, the NASDAQ Composite finished at 4,276.79, down 0.98%. The Dow Jones Industrial Average closed the session at 16,302.77, down 0.17% and the S&P 500 ended the day at 1,866.52, lower by 0.29%. Four out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day 0.45% lower at 598.00, whereas the index has advanced 0.85% in the last one month. Investor-Edge has initiated coverage on the following equities: International Business Machines Corp. (NYSE: IBM), NCR Corp. (NYSE: NCR), Rackspace Hosting Inc. (NYSE: RAX) and Accenture PLC (NYSE: ACN). Free technical research on IBM, NCR, RAX and ACN can be downloaded upon signing up at:

http://www.investor-edge.com/440-register


Shares in International Business Machines Corp. recorded a trading volume of 12.54 million shares, as compared with a three months average volume of 5.00 million shares. The stock finished the day at $186.67, down 0.65% after trading between $186.40 and $188.70. International Business Machines Corp.'s shares have gained 2.12% in the last one month, while the same has fallen by 0.07% in the previous three trading sessions and 0.48% on YTD basis. Shares of the company traded at a PE ratio of 11.41 .The company's shares are trading above their 50-day and 200-day moving averages of $182.98 and $185.98, respectively. Additionally, shares of the company are trading at a Relative Strength Index (RSI) of 55.31. Sign up today to read free research on IBM at:

http://www.investor-edge.com/440-IBM-24Mar2014.pdf


On Friday, NCR Corp.'s stock edged 0.34% lower to finish the day at $34.98. The stock recorded trading volume of 4.32 million shares as compared to a three months average volume of 2.46 million shares. The stock fluctuated between $34.58 and $35.19 during the session. NCR Corp's stocks traded at a PE ratio of 12.27. The company shares have advanced 1.48% in the previous three trading sessions, 5.30% in the last one month, and 2.70% on YTD basis. The company's stock is trading above its 50-day moving average. NCR Corp's 200-day moving average of $35.55 is above the 50-day moving average of $34.51. Moreover, the stock is trading at an RSI of 55.92. Sign up today to read free research on NCR at:

http://www.investor-edge.com/440-NCR-24Mar2014.pdf


Rackspace Hosting Inc.'s shares recorded a trading volume of 3.37 million shares, as compared with a three months average volume of 2.89 million shares. The stock ended the day at $33.01, down 2.74% and recorded an intraday range of $32.95 and $34.18. Shares of the company traded at a PE ratio of 55.02. Rackspace Hosting Inc.'s shares have declined 1.40% in the last one month and 15.64% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. Rackspace Hosting Inc.'s 200-day moving average of $41.74 is above the 50-day moving average of $36.12. Furthermore, the stock is trading at an RSI of 38.43. Sign up today to read free research on RAX at:

http://www.investor-edge.com/440-RAX-24Mar2014.pdf


On Friday, shares in Accenture PLC edged 0.28% lower, closing the day at $82.83. The stock recorded trading volume of 4.80 million shares as compared to a three months average volume of 2.73 million shares. The stock fluctuated between $82.63 and $83.69 during the trading session. Shares of the company traded at a PE ratio of 18.22. Accenture PLC's shares have lost 1.15% in the previous three trading sessions, while same has gained 0.74% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Accenture PLC's 50-day moving average of $82.35 is above the 200-day moving average of $77.31. Additionally, the stock is trading at an RSI of 50.54. Sign up today to read free research on ACN at:

http://www.investor-edge.com/440-ACN-24Mar2014.pdf


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