Pre-market Insights on Top Gainers -- Research on Mechel, AirMedia, Nuverra Environmental Solutions, and CommScope
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LONDON, March 24, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Friday, March 21, 2014, as the NASDAQ Composite closed at 4,276.79, down 0.98%, the Dow Jones Industrial Average ended the session at 16,302.77, down 0.17% and the S&P 500 edged 0.29% lower to finish the trading session at 1,866.52. During the session, gains in the Energy, Utilities, and Materials sectors positively impacted the broader market, while retraction came in from Consumer Discretionary, Information Technology, and Health Care sectors. A number of stocks saw large movements, including Mechel (NYSE: MTL), AirMedia Group Inc. (NASDAQ: AMCN), Nuverra Environmental Solutions Inc. (NYSE: NES), and CommScope Holding Co. Inc. (NASDAQ: COMM). Free technical research on MTL, AMCN, NES, and COMM can be downloaded upon signing up at:
http://www.investor-edge.com/430-register
On Friday, Mechel's stock ended the session at $2.04, up 8.51% from the previous day closing price of $1.88. A total of 5.25 million shares were traded as compared to a three months average volume of 1.48 million shares. The stock traded between $1.86 and $2.15 during the trading session. Mechel's shares have gained 12.71% in the previous three trading sessions, while the same has lost 1.45% in the last one month and 20.31% on YTD basis. The S&P 500 Materials Sector Index mapped a gain of 0.47% during the trading session and charted up 3.25% in the last one month. Furthermore, the stock is trading at a Relative Strength Index (RSI) of 59.51 and above its 50-day moving average of $1.99. Sign up today to read free research on MTL at:
http://www.investor-edge.com/430-MTL-24Mar2014.pdf
AirMedia Group Inc's stock gained 9.09% on Friday, closing at an intra-day high of $2.64. A total of 0.91 million shares were traded as compared to a three months average volume of 1.00 million shares. The stock oscillated between $2.45 and $2.64 during the trading session. Shares of AirMedia Group Inc. have rallied 5.18% in the last one month, 67.09% in the previous three months and 30.05% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 0.64% during the trading session and charted up 0.35% in the last one month. Moreover, the stock is trading at an RSI of 55.60 and above its 50-day and 200-day moving averages of $2.35 and $1.95, respectively. Sign up today to read free research on AMCN at:
http://www.investor-edge.com/430-AMCN-24Mar2014.pdf
Shares in Nuverra Environmental Solutions Inc. closed Friday's session at $18.87, up 5.77%, with a trading volume of 0.77 million shares traded as compared to a three months average volume of 0.52 million shares. The stock vacillated between $17.95 and $19.13 during the session and traded at a PE ratio of 2.50. Shares in Nuverra Environmental Solutions Inc. have surged 21.82% in the last one month, 16.99% in the previous three months and 12.39% on YTD basis. The S&P 500 Energy Sector Index advanced 0.26% during the trading session and has declined 0.38% in the last one month. Further, the stock is trading at an RSI of 65.35 and above its 50-day moving average of $15.59. Sign up today to read free research on NES at:
http://www.investor-edge.com/430-NES-24Mar2014.pdf
CommScope Holding Co Inc.'s stock finished Friday's session up 10.12% at $24.37, recording a new 52-week high of $25.89. A total of 1.15 million shares were traded which is above the three months average volume of 0.49 million shares. The stock fluctuated between $23.99 and $25.89 during the session. Shares in CommScope Holding Co Inc. have advanced 11.18% in the last one month, 35.01% in the previous three months and 28.74% on YTD basis. The S&P 500 Information Technology Sector Index mapped a loss of 0.45% during the trading session and charted up 0.85% in the last one month. Additionally, the stock is trading at an RSI of 70.98 and above its 50-day moving average of $20.22. Sign up today to read free research on COMM at:
http://www.investor-edge.com/430-COMM-24Mar2014.pdf
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