Pre-Market Scans on Equities with New highs -- Research on MetLife, Cheniere Energy, Energy Transfer Equity, and Level 3 Communications
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LONDON, March 28, 2014 /PRNewswire/ --
On Wednesday, March 26, 2014, the NASDAQ Composite finished at 4,173.58, down 1.43%. The Dow Jones Industrial Average closed the session at 16,268.99, down 0.60% and the S&P 500 ended the day at 1,852.56, lower by 0.70%. The losses were broad based with nine out of ten sectors ending the session in negative. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include MetLife Inc. (NYSE: MET), Cheniere Energy Inc. (NYSE MKT: LNG), Energy Transfer Equity L.P. (NYSE: ETE) and Level 3 Communications Inc. (NYSE: LVLT). Free technical research on MET, LNG, ETE and LVLT can be downloaded upon signing up at:
http://www.investor-edge.com/524-register
On Wednesday, MetLife Inc.'s stock traded in the range of $53.45 and $54.80, hitting a new 52-week high of $54.80. The company's stock reported a loss of 1.27%, ending the day at $53.58. A total of 7.28 million shares were traded, which is above a 3-month average volume of 5.77 million. The company's shares have gained 0.30% in the previous three trading sessions and 7.22% in the last one month. The company's stocks traded at a PE ratio of 9.52 and were down 0.63% on YTD basis. The S&P 500 Financials Sector Index posted gains of 3.40% in the last one month and 1.58% in the previous three months. The company's stock is trading above both its 50-day and 200-day moving averages. MetLife Inc.'s 50-day moving average of $51.15 is above the 200-day moving average of $49.61. Additionally, shares of the company have a Relative Strength Index (RSI) of 67.15. Sign up today to read free research on MET at:
http://www.investor-edge.com/524-MET-27Mar2014.pdf
Cheniere Energy Inc.'s shares edged 0.11% higher on Wednesday, finishing the day at $54.45, after hitting a new 52-week high of $56.03. The stock recorded a trading volume of 6.95 million shares, compared with a 3-month average volume of 3.48 million shares. Cheniere Energy Inc.'s shares have advanced 26.28% on YTD basis. Shares of the company have surged 9.80% in the last one month and 21.27% in the previous three months. The S&P 500 Energy Sector Index mapped a loss of 0.32% during the session while the same has advanced 0.65% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Cheniere Energy Inc.'s 50-day moving average of $47.83 is above the 200-day moving average of $37.82. Furthermore, shares of the company have an RSI of 69.38. Sign up today to read free research on LNG at:
http://www.investor-edge.com/524-LNG-27Mar2014.pdf
On Wednesday, Energy Transfer Equity L.P.'s stock advanced 0.86% to close the day at $46.83, hitting a new 52-week high of $47.56. The stock recorded a trading volume of 2.59 million shares, compared with a 3-month average volume of 1.77 million shares. The company's shares traded at a PE ratio of 33.33 and were up 14.58% on YTD basis. Shares of Energy Transfer Equity LP have gained 6.38% in the last one month and 14.15% in the previous three months. The S&P 500 Energy sector Index mapped a loss of 0.32% during the session, while the same has charted up by 0.40% during the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages. Energy Transfer Equity L.P.'s 50-day moving average of $43.35 is above the 200-day moving average of $36.09. Additionally, the company's shares have an RSI of 61.78. Sign up today to read free research on ETE at:
http://www.investor-edge.com/524-ETE-27Mar2014.pdf
Shares in Level 3 Communications Inc. ended the day at $37.74, down 3.75%, hitting a new 52-week high of $39.69 on Wednesday. The stock reported a trading volume of 2.83 million shares during the trading session, compared with a 3-month average volume of 1.64 million shares. Level 3 Communications Inc.'s shares traded at a PE ratio of 539.14 and were up 13.78% on YTD basis. Shares of the company have advanced 1.83% in the last one month and 15.41% in the previous three months. The S&P 500 Telecommunication Services Sector Index mapped a loss of 0.29% during the session, while the same has advanced 4.77% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages of $36.12 and $28.61, respectively. Moreover, the stock has an RSI of 63.69. Sign up today to read free research on LVLT at:
http://www.investor-edge.com/524-LVLT-27Mar2014.pdf
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