Scanning Equities that Reached New highs -- Research on Hospira, Trinity Industries, Avalonbay Communities, and Cheetah Mobile
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LONDON, June 2, 2014 /PRNewswire/ --
The markets on Friday, May 30, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,717.17, up 0.11% and the NASDAQ Composite closed at 4,242.62, down 0.13%. The S&P 500 finished the day 0.18% higher at 1,923.57. During the trading session, eight of the ten sectors finished on a positive note. Investor-Edge has initiated coverage on the following equities: Hospira Inc. (NYSE: HSP), Trinity Industries Inc. (NYSE: TRN), Avalonbay Communities Inc. (NYSE: AVB) and Cheetah Mobile Inc. (NYSE: CMCM). Free technical research on HSP, TRN, AVB and CMCM can be downloaded upon signing up at:
http://www.investor-edge.com/3269-register
Hospira Inc.'s stock ended the day at $49.17, up 1.15%, hitting a new 52-week high of $49.25. A total of 1.42 million shares were traded on Friday, above its three months average volume of 1.20 million shares. The stock moved between $48.43 and $49.25 during the session. Over the previous three sessions and in the last one month, shares in Hospira Inc. have gained 2.52% and 7.36%, respectively. Moreover, the company's stock has gained an upside of 19.11% since the beginning of the year. The S&P 500 Health Care Sector Index mapped a gain of 0.26% during the session, and the index has advanced 3.20% in the previous one month. The company's shares are trading above their 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $45.09 is greater than its 200-day moving average of $42.11. Hospira Inc.'s stock has a Relative Strength Index (RSI) of 70.18. Sign up today to read free research on HSP at:
http://www.investor-edge.com/3269-HSP-02Jun2014.pdf
Shares in Trinity Industries Inc. fell by 1.09% on Friday, finishing the day at $86.53, hitting a new 52-week high of $87.89. The stock recorded a trading volume of 1.57 million shares, above its three months average volume of 1.30 million shares. The stock oscillated between $86.35 and $87.89 during the trading session. Shares of the company traded at a PE ratio of 14.73. Trinity Industries Inc.'s shares have gained 1.04% over the previous three trading sessions, 15.28% in the last one month and 58.71% on YTD basis. The S&P 500 Industrials Sector Index advanced 0.04% during the session, and the index has gained 0.50% in the previous three trading sessions. Trinity Industries Inc.'s stock is trading above its 50-day and 200-day moving averages of $75.60 and $58.86, respectively. Additionally, shares of the company have an RSI of 74.07. Sign up today to read free research on TRN at:
http://www.investor-edge.com/3269-TRN-02Jun2014.pdf
On Friday, shares in AvalonBay Communities Inc. oscillated between $139.85 and $141.95, hitting a new 52-week high of $141.95. The company's shares closed the day 1.05% higher at $141.84. Shares in AvalonBay Communities Inc. reported a trading volume of 1.67 million shares, which was above its three months average volume of 0.81 million shares. AvalonBay Communities Inc.'s shares have advanced 3.87% in the last one month and 9.98% in the previous three months. Additionally, the company's shares have gained 19.97% on YTD basis. The S&P 500 Financials Sector Index mapped a gain of 0.22% during the session, and the index has advanced 2.64% in the last three months. AvalonBay Communities Inc.'s stock is trading above its 50-day and 200-day moving averages of $135.67 and $127.61, respectively. Furthermore, shares of the company traded at a PE ratio of 66.94 and have an RSI of 68.78. Sign up today to read free research on AVB at:
http://www.investor-edge.com/3269-AVB-02Jun2014.pdf
Shares in Cheetah Mobile Inc. surged 6.86% on Friday, closing the day at $17.77. The stock recorded a trading volume of 1.32 million shares. The company's shares oscillated between $16.77 and $17.80 during the trading session. Cheetah Mobile Inc.'s shares have surged 18.39% in the previous three trading sessions. The S&P 500 Information Technology Sector Index mapped a gain of 0.07% during the session, and the index has gained an upside of 5.63% on YTD basis. Further, shares of the company have an RSI of 70.86. Sign up today to read free research on CMCM at:
http://www.investor-edge.com/3269-CMCM-02Jun2014.pdf
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