Stock Insight for the Day: Micron Technology, Jabil Circuit, JA Solar Holdings, and IPG Photonics
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LONDON, December 12, 2013 /PRNewswire/ --
On Wednesday, December 11, 2013, the U.S. equity market posted losses. The S&P 500 ended the day at 1,782.22, down 1.13%; the Dow Jones Industrial Average closed at 15,843.53, down 0.81%; and the NASDAQ Composite finished at 4,003.81, down 1.40%. The S&P 500 Information Technology Sector Index closed the session at 561.83, down 0.85%; while the same has gained 8.17% in the previous three months and 2.31% in the last one month, outperforming the S&P 500, which has gained 5.51% and 0.58% during the respective periods. The major movers in the sector included Micron Technology Inc. (NASDAQ: MU), Jabil Circuit Inc. (NYSE: JBL), JA Solar Holdings Co. Ltd (NASDAQ: JASO), and IPG Photonics Corp. (NASDAQ: IPGP). AAAResearchReports.com has released full comprehensive research on MU, JBL, JASO, and IPGP. These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
Shares in Micron Technology Inc. plummeted 2.77% on Wednesday, tracking losses in the US equity market. The company's shares closed the day at $22.50, after vacillating between $22.29 and $22.91 during the trading session. A total of 52.31 million shares were traded, which is above the daily average volume of 45.37 million. Despite Wednesday's pullback, the company's shares have rallied 36.45% in the previous three months and 23.15% in the last one month, outperforming the S&P 500, which has gained 5.51% and 0.58% during the respective periods. Moreover, Micron Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $18.70 and $13.87, respectively. Download free report on MU upon registration at:
http://www.AAAResearchReports.com/MU121213.pdf
Jabil Circuit Inc.'s stock oscillated between $19.31 and $20.04 before ending Wednesday's session 2.61% lower at $19.37. A total of 3.53 million shares were traded, which is above the daily average volume of 2.74 million. The company's shares have lost 5.14% in the previous three trading sessions, underperforming the S&P 500, which has lost 1.27% during the same period. Further, Jabil Circuit Inc.'s stock is trading below its 50-day and 200-day moving averages of $21.04 and $20.66, respectively. JBL technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/JBL121213.pdf
JA Solar Holdings Co. Ltd's stock plummeted on Wednesday, tracking losses in the broader market. The company's shares finished the day 5.23% lower at $8.34, after fluctuating between $8.30 and $8.86 during the trading session. A total of 1.83 million shares were traded, which is below the daily average volume of 2.86 million. The company's shares have declined 6.29% in the previous three trading sessions, underperforming the S&P 500, which has lost 1.27% during the same period. However, JA Solar Holdings Co. Ltd's stock is trading above its 200-day moving average of $7.64. The free report on JASO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/JASO121213.pdf
IPG Photonics Corp.'s stock declined on Wednesday, closing the day at $71.63, which is 1.61% lower than the previous day's closing price of $72.80. The company's shares vacillated between $71.19 and $73.91 during the trading session. A total of 0.21 million shares were traded, which is below the daily average volume of 0.46 million. Despite Wednesday's pullback, IPG Photonics Corp.'s shares have gained 17.33% in the previous three months and 5.70% in the last one month, outperforming the S&P 500, which has gained 5.51% and 0.58% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $65.86 and $61.62, respectively. A free report on IPGP can be accessed by registering at:
http://www.AAAResearchReports.com/IPGP121213.pdf
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SOURCE AAA Research Reports
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