Pre-Market Review: Renren, Outerwall, UTi Worldwide, and AerCap
LONDON, July 31, 2013 /PRNewswire/ --
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As per a report from the Institute for Supply Management (ISM) released earlier this month, the pace of growth in the U.S.'s vast services sector slowed in the month of June 2013. The reading on ISM's services sector index came in at 52.20 in June, down from 53.70 in the month of May. This was the weakest level in more than three years. The services sector's companies such as Renren Inc. (NYSE: RENN), Outerwell Inc. (NASDAQ: OUTR), UTi Worldwide Inc. (NASDAQ: UTIW), and AerCap Holdings N.V. (NYSE: AER) will be hoping for a rebound in services sector activity in July 2013. On Tuesday, July 30, 2013, shares in the services sector companies ended on a mixed note, tracking the broader market which also finished on a mixed note as market participants remained on the sidelines ahead of the release of Federal Reserve's monetary policy statement. AAAResearchReports.com initiated preliminary technical research on RENN, OUTR,UTIW, and AER. These free reports are accessible by signing today at:
http://www.aaaresearchreports.com/register/
Shares in Renren Inc.'s shares oscillated between $3.31 and $3.39 before finishing the day flat at $3.35. A total of 1.69 million shares were traded which is below the daily average volume of 1.82 million. The company's shares have gained 2.76% in the last three trading sessions as compared to a loss of 0.25% in the S&P 500. The stock is currently trading above its 50-day and 200-day moving averages. The free technical analysis on RENN is available by signing up at:
http://www.AAAResearchReports.com/RENN073113.pdf
Outerwall Inc.'s shares oscillated between $54.73 and $55.99 before finishing the day 0.05% higher at $55.61. A total of 1.06 million shares were traded which is above the daily average volume of 0.67 million. Outerwall's shares have fallen by 14.84% in the last three trading sessions.Nonetheless, the stock has gained 5.30% in the last three months as compared to a gain of 5.53% in the S&P 500. Register now to download free research on OUTR at:
http://www.AAAResearchReports.com/OUTR073113.pdf
Shares in UTi Worldwide Inc. edged higher on Tuesday even as the broader market finished on a mixed note. The company's shares oscillated between $16.27 and $16.52. A total of 211,686 shares were traded which is below the daily average volume of 874,111. The company's shares have fallen by 0.37% in the last three trading sessions. In the last three months, however, the stock has gained 11.23%, thus outperforming the S&P 500. A free report on UTIW can be accessed by registering at:
http://www.AAAResearchReports.com/UTIW073113.pdf
AerCap Holdings N.V.'s stock edged lower on Tuesday finishing at $17.51, down 0.62% from its previous closing price. The company's shares oscillated between $17.41 and $17.81. A total of 140,510 shares were traded which is less than the daily average volume of 329,230. AerCap Holdings' shares have gained 10.33% in the last three months, consequently outperforming the S&P 500. Register with AAA Research Reports and download research on AER for free at:
http://www.AAAResearchReports.com/AER073113.pdf
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SOURCE AAA Research Reports
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