Software Stocks in Motion - Adobe Systems, Oracle, Red Hat, Vmware, and Infoblox
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LONDON, December 11, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Adobe Systems Inc. (NASDAQ: ADBE), Oracle Corporation (NYSE: ORCL), Red Hat Inc. (NYSE: RHT), VMware Inc. (NYSE: VMW), and Infoblox Inc. (NYSE: BLOX). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Wednesday, December 10, 2014, the NASDAQ Composite ended at 4,684.03, down 1.73%, the Dow Jones Industrial Average declined 1.51%, to finish the day at 17,533.15, and the S&P 500 closed at 2,026.14, down 1.64%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 684.33, down 1.64%, while the index has advanced 2.59% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Adobe Systems Inc.'s stock finished Wednesday's session 2.40% lower at $69.85. A total of 2.56 million shares were traded, which was below its three months average volume of 3.26 million shares. The stock moved between $69.74 and $71.97 during the session. Over the last one month and the previous three months, Adobe Systems Inc.'s shares have fallen by 2.58% and 3.43%, respectively. However, from the beginning of 2014, the stock has gained an upside of 16.65%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $69.05 is greater than its 200-day moving average of $68.00. Adobe Systems Inc.'s stock traded at a PE ratio of 143.24 and has a Relative Strength Index (RSI) of 51.44. Sign up and read the free notes on ADBE at:
http://get.Investor-Edge.com/pdf/?c=Adobe%20Systems&d=11-Dec-2014&s=ADBE
On Wednesday, shares in Oracle Corp. fluctuated between $40.88 and $41.81 before ending the session 2.27% lower at $40.92. The stock reported a trading volume of 12.41 million shares, below its three months average volume of 15.21 million shares. Shares of the company traded at a PE ratio of 16.62. Oracle Corp.'s shares have advanced 1.16% in the last one month, 0.52% in the previous three months and 6.95% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $39.74 and $40.31, respectively. Moreover, shares of Oracle Corp. have an RSI of 60.76. The complimentary notes on ORCL can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Oracle&d=11-Dec-2014&s=ORCL
Red Hat Inc.'s stock edged 0.68% lower, to close the day at $58.70. The stock recorded a trading volume of 2.17 million shares, much above its three months average volume of 1.87 million shares. The stock oscillated between $58.60 and $59.48 during the session. Over the last three trading sessions and over the past one month, Red Hat Inc.'s shares have lost 4.83% and 4.41%, respectively. However, the stock has gained 4.75% since the start of this year. The company's stock is trading above its 200-day moving average of $56.15, while the 200-day moving average is below Red Hat Inc. stock's 50-day moving average of $59.09. Additionally, the stock traded at a PE ratio of 60.64 and has an RSI of 37.69. Register for free on Investor-Edge and access the latest research on RHT at:
http://get.Investor-Edge.com/pdf/?c=Red%20Hat&d=11-Dec-2014&s=RHT
On Wednesday, shares in VMware Inc. recorded a trading volume of 1.40 million shares, lower than its three months average volume of 1.89 million shares. The stock ended the day at $79.88, which was 1.78% below its previous day's closing of $81.33, and registered an intraday range of $79.77 and $81.74. Shares of the company traded at a PE ratio of 34.37. VMware Inc.'s shares have lost 4.94% in the previous three trading sessions, 5.28% in the last one month and 10.96% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $86.71 and $95.52, respectively. Furthermore, shares of VMware Inc. have an RSI of 35.70. The complete research on VMW is available for free at:
http://get.Investor-Edge.com/pdf/?c=Vmware&d=11-Dec-2014&s=VMW
Infoblox Inc.'s stock lost 3.98%, to close Wednesday's session at $17.83, after oscillating between $17.78 and $18.67. The stock recorded a trading volume of 0.60 million shares, below its three months average volume of 0.87 million shares. Over the last one month and the previous three months, Infoblox Inc.'s shares have advanced 6.89% and 23.22%, respectively. However, from the beginning of 2014, the stock has lost 46.00%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 200-day moving average of $16.13 is above its 50-day moving average of $15.94. Further, Infoblox Inc.'s stock has an RSI of 71.87. Free in depth research on BLOX is available at:
http://get.Investor-Edge.com/pdf/?c=Infoblox&d=11-Dec-2014&s=BLOX
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