Scanning Equities that Reached New highs -- Research on Energy Transfer Equity, Questcor Pharma, Health Net, and Molson Coors Brewing

LONDON, May 8, 2014 /PRNewswire/ --

The markets on Wednesday, May 07, 2014 ended on a mixed note as the Dow Jones Industrial Average finished the day at 16,518.54, up 0.72%, and the NASDAQ Composite closed at 4,067.67, down 0.32%. The S&P 500 finished the session 0.56% higher at 1,878.21. The gains were broad based as eight out of ten sectors ended the session in positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Energy Transfer Equity L.P. (NYSE: ETE), Questcor Pharmaceuticals Inc. (NASDAQ: QCOR), Health Net Inc. (NYSE: HNT) and Molson Coors Brewing Company (NASDAQ: TAP). Free technical research on ETE, QCOR, HNT and TAP can be downloaded upon signing up at:

http://www.investor-edge.com/2271-register

Energy Transfer Equity L.P.'s stock ended the day at $49.43 on Wednesday, up 4.53%, after hitting a new 52-week high of $49.48. A total of 2.99 million shares were traded, which was above its three months average volume of 1.77 million shares. The stock moved between $47.78 and $49.48 during the session. Over the last one month and past three months, Energy Transfer Equity L.P.'s shares have advanced 7.32% and 20.09%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 20.94%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $46.51 is greater than its 200-day moving average of $38.64. Energy Transfer Equity L.P.'s stock traded at a PE ratio of 17.91 and has a Relative Strength Index (RSI) of 53.00. Sign up today to read free research on ETE at:

http://www.investor-edge.com/2271-ETE-08May2014.pdf

On Wednesday, shares in Questcor Pharmaceuticals Inc. oscillated between $83.51 and $86.51, hitting a new 52-week high of $86.51. The company's stock closed the day 2.53% higher at $86.37. The company's stock reported a trading volume of 2.21 million shares, above its three months average volume of 3.07 million shares. Questcor Pharmaceuticals Inc.'s shares have rallied 7.19% in the last one month, 32.86% in the previous three months and 58.62% on YTD basis. The S&P 500 Health Care Sector Index mapped a gain of 0.23% during the session, and the index has advanced 0.50% in the last one month. Questcor Pharmaceuticals Inc.'s stock is trading above its 50-day and 200-day moving averages of $71.77 and $63.95, respectively. Further, shares of the company traded at a PE ratio of 16.09 and have a RSI of 65.74. Sign up today to read free research on QCOR at:

http://www.investor-edge.com/2271-QCOR-08May2014.pdf

Health Net Inc.'s stock surged 9.84% on Wednesday, finishing the day at $37.41, after hitting a new 52-week high of $37.88. The stock recorded a trading volume of 3.25 million shares, above its three months average volume of 0.84 million shares. The stock fluctuated between $33.67 and $37.88 during the trading session. Over the last one month and previous three months, Health Net Inc.'s shares have gained 12.99% and 17.90%, respectively. Also, the stock has gained 26.09% since the start of this year. The S&P 500 Health Care Sector Index mapped a gain of 0.23% during the session, and the index has advanced 2.50% in the past three months. The stock is trading above its 50-day and 200-day moving averages. Additionally, Health Net Inc.'s 50-day moving average of $33.65 is above its 200-day moving average of $31.57. Furthermore, the stock traded at a PE ratio of 18.69 and has an RSI of 55.59. On the same day, Health Net Inc. announced its Q1 FY 2014 financial results. For Q1 FY 2014, the company reported GAAP net income of $28.80 million, or $0.36 per diluted share. Sign up today to read free research on HNT at:

http://www.investor-edge.com/2271-HNT-08May2014.pdf

On Wednesday, shares in Molson Coors Brewing Co. closed the day at $61.95, up 3.65%, hitting a new 52-week high of $62.42. The stock recorded a trading volume of 1.85 million shares, above its three month average volume of 0.96 million shares. Shares in Molson Coors Brewing Co. have surged 4.61% in the last one month, 18.20% in the previous three months and 10.33% on YTD basis. The S&P 500 Consumer Staples Sector Index finished the session up 0.99%, and the index has gone up 2.81% in the last one month. Molson Coors Brewing Co.'s stock is trading above its 50-day and 200-day moving averages of $58.44 and $54.13, respectively. Furthermore, shares of the company traded at a PE ratio of 16.93 and have an RSI of 55.66. Sign up today to read free research on TAP at:

http://www.investor-edge.com/2271-TAP-08May2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED