Pre-market Insights - Most Active Equities: Hovnanian Enterprises, DCT Industrial Trust, International Paper, and Sinclair Broadcast Group
Editor Note: For more information about this release, please scroll to bottom.
LONDON, March 18, 2014 /PRNewswire/ --
The trading session on Monday, March 17, 2014 ended higher as the Dow Jones Industrial Average finished at 16,247.22, up 1.13% and the NASDAQ Composite closed at 4,279.95, up 0.81%. The S&P 500 finished the session 0.96% higher at 1,858.83. The gains were broad based as all the ten sectors finished higher. During the session healthy gains in the Information Technology, Industrials, and Financial sectors positively impacted the broader market. Investor-Edge.com looks at some of the equities which were most active during the session. These include Hovnanian Enterprises Inc. (NYSE: HOV), DCT Industrial Trust Inc. (NYSE: DCT), International Paper Company (NYSE: IP), and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). Free research on these four companies can be accessed at:
http://investor-edge.com/register
Hovnanian Enterprises Inc.'s stock recorded heavy trading as a total of 5.43 million shares changed hands on Monday, as compared with the three-month average volume of 4.35 million shares. The stock ended the day at $4.73, down 2.07% and at an intraday trading range of $4.72 and $4.93. The stock traded at a PE ratio of 36.38. Hovnanian's shares have declined 3.47% in the previous three trading sessions, 19.69% in the last one month, and 28.55% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 1.43% in the last one month, while the NASDAQ Composite Index was up by 0.85% during the same period. The company's shares are trading below its 50-day and 200-day moving averages. Hovnanian Enterprises Inc.'s 200-day moving average of $5.50 is below the 50-day moving average of $5.84. Sign up and read the free notes on HOV at:
http://www.Investor-Edge.com/03182014/HOV/report.pdf
On Monday, shares in DCT Industrial Trust Inc. saw heavy trading as a total of 6.24 million shares were exchanged, against a three-month average volume of 5.38 million shares. The stock finished the day at $7.92, up 1.15% and with an intraday fluctuation between $7.83 and $7.93. DCT's shares have advanced 0.76% in the previous three trading sessions, 4.21% in the last one month, and 11.08% on YTD basis. The S&P 500 Financials Sector Index mapped a gain of 4.40% in the last three months, while the S&P 500 Index gained 4.37% during the same period. DCT Industrial Trust Inc.'s stock is trading above its 50-day and 200-day moving averages of $7.44 and $7.36, respectively. The company's shares have an RSI of 59.71. The complimentary notes on DCT can be downloaded as in PDF format at:
http://www.Investor-Edge.com/03182014/DCT/report.pdf
International Paper Co.'s stock saw heavy trading as a total of 6.14 million shares changed hands, as compared with the three-month average volume of 3.52 million shares. On Monday, the stock closed the day at $45.93, down 0.43% and at an intraday range of $45.52 and $46.37. The stock traded at a PE ratio of 10.65. International Paper's shares have fallen by 2.44% in the previous three trading sessions, 6.61% in the last one month, and 6.32% on YTD basis. The S&P 500 Materials Sector Index mapped a gain of 2.39% in the last one month, while the S&P 500 gained 1.10% during the same period. International Paper Co.'s stock is trading below its 50-day and 200-day moving averages of $48.02 and $46.87, respectively. The company's shares have an RSI of 31.89. Register for free on Investor-Edge and access the latest research on IP at:
http://www.Investor-Edge.com/03182014/IP/report.pdf
Shares in Sinclair Broadcast Group Inc. recorded heavy trading as a total of 6.05 million shares changed hands on Monday, against a three-month average volume of 1.65 million shares. The stock finished the day at $24.42, down 8.06% and at an intraday range of $24.05 and $26.02. Shares of the company traded at a PE ratio of 22.61. Sinclair's shares have declined 9.89% in the past three trading sessions, 14.23% in the last one month, and 31.65% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 2.55% in the previous three months, while the NASDAQ Composite Index was up by 6.37% during the same period. Sinclair Broadcast Group Inc.'s stock is trading below its 50-day and 200-day moving averages of $30.39 and $30.36, respectively. The company's shares have an RSI of 39.41. The complete research on SBGI is available for free at:
http://www.Investor-Edge.com/03182014/SBGI/report.pdf
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
=============
EDITOR NOTES:
=============
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com.
- For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Investor-Edge.com
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article