Review on Stocks that Hit New High -- Research on CBRE Group, Pitney Bowes, Westlake Chemical, and Sabre
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LONDON, May 29, 2014 /PRNewswire/ --
The markets on Wednesday, May 28, 2014 ended on a lower note as the Dow Jones Industrial Average finished the day at 16,633.18, down 0.25%, and the NASDAQ Composite closed at 4,225.08, down 0.28%. The S&P 500 finished the session 0.11% lower at 1,909.78. During the trading session, five out of ten sectors finished positive. Investor-Edge has initiated coverage on the following equities: CBRE Group Inc. (NYSE: CBG), Pitney Bowes Inc. (NYSE: PBI), Westlake Chemical Corp. (NYSE: WLK) and Sabre Corporation (NASDAQ: SABR). Free technical research on CBG, PBI, WLK and SABR can be downloaded upon signing up at:
http://www.investor-edge.com/3149-register
CBRE Group Inc.'s stock edged 0.47% lower on Wednesday, finishing the day at $29.66, after hitting a new 52-week high of $29.86. The stock recorded a trading volume of 1.67 million shares, below its three months average volume of 2.04 million shares. The stock fluctuated between $29.53 and $29.86 during the trading session. Over the last one month and previous three months, CBRE Group Inc.'s shares have advanced 14.25% and 6.12%, respectively. Additionally, the stock has advanced 12.78% since the start of this year. The S&P 500 Financials Sector Index mapped a loss of 0.25% during the session, while the index has advanced 2.18% in the last three months. The stock is trading above its 50-day and 200-day moving averages. Additionally, CBRE Group Inc.'s 50-day moving average of $27.67 is above its 200-day moving average of $25.34. Additionally, the stock has a Relative Strength Index (RSI) of 68.79. Sign up today to read free research on CBG at:
http://www.investor-edge.com/3149-CBG-29May2014.pdf
On Wednesday, Pitney Bowes Inc.'s stock oscillated between $27.35 and $27.75, hitting a new 52-week high of $27.75. The company closed the day 0.65% higher at $27.54. The company's stock reported a trading volume of 1.52 million shares, below its three months average volume of 2.59 million shares. Shares of the company traded at a PE ratio of 13.70. Pitney Bowes Inc.'s shares have surged 12.45% in the last one month, 8.21% in the previous three months and 18.20% on YTD basis. The S&P 500 Industrials Sector Index registered a gain of 0.12% during the session, with the index also advancing 3.63% in the previous three months. Pitney Bowes Inc.'s stock is trading above its 50-day and 200-day moving averages of $25.88 and $22.60, respectively. Further, shares of the company have a RSI of 65.17. Sign up today to read free research on PBI at:
http://www.investor-edge.com/3149-PBI-29May2014.pdf
Shares in Westlake Chemical Corp. ended the day at $79.14, up 2.92%, hitting a new 52-week high of $79.64. A total of 1.01 million shares were traded, which was above its three months average volume of 0.67 million shares. The stock moved between $78.12 and $79.64 during the session. Over the last one month and the previous three months, Westlake Chemical Corp.'s shares have rallied 23.29% and 18.71%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 29.66%. The S&P 500 Materials Sector Index ended the day at 305.91, up 0.04% during the session, and the index has gained 3.39% in the previous one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $69.37 is greater than its 200-day moving average of $60.33. Westlake Chemical Corp.'s stock has an RSI of 68.38. Sign up today to read free research on WLK at:
http://www.investor-edge.com/3149-WLK-29May2014.pdf
On Wednesday, Sabre Corp.'s stock advanced 4.22%, finishing the day at $17.80, after hitting a new 52-week high of $18.07. The stock recorded a trading volume of 1.09 million shares during the trading session. Sabre Corp.'s shares have surged 6.91% in the previous three trading sessions and 8.01% in the last one month. The S&P 500 Information Technology Sector Index reported a loss of 0.34% during the session, while the index has advanced 3.81% in the last one month. Furthermore, shares of the company have an RSI of 64.35. Sign up today to read free research on SABR at:
http://www.investor-edge.com/3149-SABR-29May2014.pdf
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EDITOR'S NOTES:
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