Pre-Market Review on Active Stocks -- Research on Cisco, JCPenney, Office Depot, and Zynga
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LONDON, May 15, 2014 /PRNewswire/ --
The markets on Wednesday, May 14, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,613.97, down 0.61% and the NASDAQ Composite closed at 4,100.63, down 0.72%. The S&P 500 edged 0.47% lower, to finish the day at 1,888.53. During the trading session, five out of ten sectors finished negative. The losses in Financials, Consumer Discretionary and Industrials sectors negatively impacted the market, while some positive momentum was observed in the Utilities, Materials and Telecommunication Services sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Cisco Systems Inc. (NASDAQ: CSCO), J.C. Penney Company Inc. (NYSE: JCP), Office Depot Inc. (NYSE: ODP) and Zynga Inc. (NASDAQ: ZNGA). Free technical research on CSCO, JCP, ODP and ZNGA can be downloaded upon signing up at:
http://www.investor-edge.com/2571-register
On Wednesday, Cisco Systems Inc.'s stock edged 0.22% lower, closing the day at $22.81. The stock recorded a trading volume of 58.15 million shares, above its three months average volume of 39.86 million shares. The stock oscillated between $22.63 and $23.05 during the session. Cisco Systems Inc.'s shares have fallen by 0.18% in the last one month. However, the stock has advanced 1.11% in the past three months and 1.69% since the start of this year. Shares of the company traded at a PE ratio of 13.58. The S&P 500 Information Technology Sector Index advanced 0.84% in the previous three months, while the S&P 500 gained 2.71% during the same period. Cisco Systems Inc.'s stock is trading above its 50-day moving average. The stock's 200-day moving average of $22.81 is higher than its 50-day moving average of $22.54. Moreover, the company's shares have a Relative Strength Index (RSI) of 48.92. Sign up today to read free research on CSCO at:
http://www.investor-edge.com/2571-CSCO-15May2014.pdf
Shares in J.C. Penney Co. Inc. traded between $8.48 and $9.39 before ending the day 5.28% lower at $8.61. The company's stock reported a trading volume of 29.63 million shares on Wednesday, which was much above its three months average volume of 22.51 million shares. Over the last one month and previous three months, J.C. Penney Co. Inc.'s stock has surged 13.14% and 40.23%, respectively. However, the stock has lost 5.90% since start of this year. The S&P 500 Consumer Discretionary Sector Index advanced 1.53% in the last one month, while the NASDAQ Composite Index has gained 1.94% during the same period. The stock is trading above its 50-day moving average. J.C. Penney Co. Inc.'s 200-day moving average of $9.11 is greater than its 50-day moving average of $8.49. Additionally, the company's stock has an RSI of 59.94. Sign up today to read free research on JCP at:
http://www.investor-edge.com/2571-JCP-15May2014.pdf
On Wednesday, Office Depot Inc.'s stock recorded a trading volume of 21.58 million shares, which was much above its three months average volume of 10.15 million shares. The stock finished the day at $5.29, which was 3.47% lower to its previous day's closing, and registered an intraday range of $5.27 and $5.52. Office Depot Inc.'s shares have rallied 32.91% in the last one month and 3.52% in the previous three months. Also, the stock has advanced 0.95% over the previous three trading sessions. The S&P 500 Consumer Discretionary Sector Index declined 2.28% in the previous three months, while the S&P 500 gained 2.71% during the same period. Office Depot Inc.'s stock is trading above its 50-day and 200-day moving averages of $4.39 and $4.79, respectively. Furthermore, shares of the company have an RSI of 79.55. Sign up today to read free research on ODP at:
http://www.investor-edge.com/2571-ODP-15May2014.pdf
Zynga Inc.'s stock closed Wednesday's session 3.96% lower at $3.52. A total of 23.33 million shares were traded, which was below its three months average volume of 34.03 million shares. The stock moved between $3.50 and $3.68 during the session. Over the past three trading sessions, Zynga Inc.'s shares have gained 1.01%. However, the company's stock has lost 12.34% over the last one month and 7.50% since the beginning of 2014. The S&P 500 Information Technology Sector Index gained 0.84% in the last three months, while the NASDAQ Composite Index declined 3.38% during the same period. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $4.50 is greater than its 200-day moving average of $3.94. Further, Zynga Inc.'s stock has an RSI of 36.71. Sign up today to read free research on ZNGA at:
http://www.investor-edge.com/2571-ZNGA-15May2014.pdf
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