Pre-Market Review on Top Gainers -- Research on Orexigen Therapeutics, Capstone Turbine, Magnegas, and Jumei International Holding
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LONDON, May 29, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Wednesday, May 28, 2014, with the NASDAQ Composite closing at 4,225.08, down 0.28%, the Dow Jones Industrial Average ending the session 0.25% lower at 16,633.18, and the S&P 500 edging 0.11% lower to finish the trading session at 1,909.78. During the session gains in the Utilities, Telecommunication Services and Energy sectors positively impacted the broader market, while some retraction came in from Information Technology, Health Care and Financials sectors. Investor-Edge has initiated coverage on the following equities: Orexigen Therapeutics Inc. (NASDAQ: OREX), Capstone Turbine Corp. (NASDAQ: CPST), Magnegas Corporation (NASDAQ: MNGA) and Jumei International Holding Limited (NYSE: JMEI). Free technical research on OREX, CPST, MNGA and JMEI can be downloaded upon signing up at:
http://www.investor-edge.com/3156-register
Shares in Orexigen Therapeutics Inc. finished Wednesday's session 6.10% higher at $6.26. A total of 6.46 million shares were traded, which was above its three months average volume of 2.38 million shares. The stock moved between $6.07 and $6.51 during the session. Orexigen Therapeutics Inc.'s stock has surged 15.50% in the previous three trading sessions and 16.79% in the last one month. Additionally, from the beginning of 2014, the stock has gained an upside of 11.19%. The S&P 500 Health Care Sector Index mapped a loss of 0.28% during the trading session, while the same charted up 2.31% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $6.18 is greater than its 50-day moving average of $5.88. Orexigen Therapeutics Inc.'s stock has a Relative Strength Index (RSI) of 57.43. Sign up today to read free research on OREX at:
http://www.investor-edge.com/3156-OREX-29May2014.pdf
On Wednesday, Capstone Turbine Corp.'s stock fluctuated between $1.42 and $1.51 before ending the session 4.93% higher at $1.49. Capstone Turbine Corp.'s stock reported a trading volume of 4.55 million shares, much below its three months average volume of 9.07 million shares. Although, Capstone Turbine Corp.'s shares have lost 16.76% in the last three months, it has advanced 5.67% in the previous three trading sessions and 15.50% on YTD basis. The S&P 500 Industrials Sector Index registered a gain of 0.12% during the trading session, with the index also advancing 3.63% in the last three months. The stock is trading below its 50-day and 200-day moving averages of $1.92 and $1.50, respectively. Moreover, shares of the company have an RSI of 36.63. Sign up today to read free research on CPST at:
http://www.investor-edge.com/3156-CPST-29May2014.pdf
MagneGas Corp.'s stock rallied 28.46%, closing the day at $1.67. The stock recorded a trading volume of 5.39 million shares, much above its three months average volume of 2.89 million shares. The stock oscillated between $1.28 and $1.70 during the trading session. Over the past one month and over the last three months, MagneGas Corp.'s shares have surged 39.17% and 122.67%, respectively. Additionally, the stock has gained 279.55% since the start of this year. The S&P 500 Industrials Sector Index reported a gain of 0.12% during the trading session and charted up 3.63% in the last three months. The stock is trading above its 50-day and 200-day moving averages of $1.41 and $0.88, respectively. Additionally, the stock has an RSI of 50.86. Sign up today to read free research on MNGA at:
http://www.investor-edge.com/3156-MNGA-29May2014.pdf
On Wednesday, Jumei International Holding Ltd's stock recorded a trading volume of 3.00 million shares. The stock ended the day at $29.04, which was 25.77% above its previous day's closing, and registered an intraday range of $23.41 and $29.04. Jumei International Holding Ltd's share has surged 28.84% in the previous three trading sessions. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 0.12% during the trading session, while the index has charted up 3.11% in the last one month. Sign up today to read free research on JMEI at:
http://www.investor-edge.com/3156-JMEI-29May2014.pdf
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