Stock Updates on Software Industry -- King Digital Entertainment, Autodesk, Fortinet, Tableau Software, and VMware
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LONDON, August 20, 2014 /PRNewswire/ --
The trading session on Tuesday, August 19, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,919.59, up 0.48% and the NASDAQ Composite closed at 4,527.51, up 0.43%. The S&P 500 finished the day 0.50% higher at 1,981.60. During the trading session, nine out of ten sectors finished on a positive note. The S&P 500 Information Technology Sector Index finished the day at 659.66, up 0.68%, and the index has advanced 9.66% in the previous three months. Investor-Edge has initiated coverage on the following equities: King Digital Entertainment Plc (NYSE: KING), Autodesk Inc. (NASDAQ: ADSK), Fortinet Inc. (NASDAQ: FTNT), Tableau Software Inc. (NYSE: DATA) and VMware Inc. (NYSE: VMW). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Shares in King Digital Entertainment Plc fell by 2.74% on Tuesday, ending the session at $13.15. A total of 2.57 million shares were traded, above its three months average volume of 1.60 million shares. The stock moved between $13.08 and $13.60 during the session. Shares in King Digital Entertainment Plc have declined 5.67% in the previous three trading sessions and 33.79% in the last one month. The company's stock is trading below its 50-day moving average of $18.59. Furthermore, King Digital Entertainment Plc's stock traded at a PE ratio of 7.51 and has a Relative Strength Index (RSI) of 20.49. Sign up and read the free notes on KING at:
http://www.Investor-Edge.com/KING-20Aug2014
Autodesk Inc.'s stock edged 0.07% lower on Tuesday, closing the day at $53.75. The stock recorded a trading volume of 2.29 million shares, which was above its three months average volume of 2.03 million shares. The stock oscillated between $53.55 and $54.03 during the session. Shares of the company traded at a PE ratio of 76.48. Shares in Autodesk Inc. have fallen by 4.50% in the previous three trading sessions and 6.29% in the last one month. However, the company's shares have advanced 6.82% since the start of this year. Shares in Autodesk Inc. are trading below their 50-day moving average. The stock's 50-day moving average of $55.30 is above its 200-day moving average of $50.72. Moreover, the stock has an RSI of 45.24. The complimentary notes on ADSK can be downloaded as in PDF format at:
http://www.Investor-Edge.com/ADSK-20Aug2014
On Tuesday, shares in Fortinet Inc. gained 0.43%, closing the day at $25.54. The stock recorded a trading volume of 1.03 million shares, which was below its three months average volume of 1.56 million shares. The stock oscillated between $25.37 and $25.76 during the session. The stock traded at a PE ratio of 105.60. Shares in Fortinet Inc. have gained 0.49% in the previous three trading sessions and 6.48% in the last one month. Moreover, the company's shares have mapped gains of 33.48% since the start of this year. Fortinet Inc.'s shares are trading above their 50-day and 200-day moving averages of $24.52 and $21.88, respectively. Additionally, the stock has an RSI of 57.21. Register for free on Investor-Edge and access the latest research on FTNT at:
http://www.Investor-Edge.com/FTNT-20Aug2014
Shares in Tableau Software Inc. fluctuated between $60.03 and $61.95 before ending Tuesday's session 1.83% higher at $61.76. The stock reported a trading volume of 0.86 million shares, which was below its three months average volume of 1.44 million shares. Shares in Tableau Software Inc. have advanced 2.54% in the previous three trading sessions and 3.47% in the last one month, while the shares have lost 10.40% on YTD basis. Shares in Tableau Software Inc. are trading below their 50-day and 200-day moving averages of $64.09 and $69.70, respectively. Further, the company's shares traded at a PE ratio of 2058.67 and have an RSI of 46.23. The complete research on DATA is available for free at:
http://www.Investor-Edge.com/DATA-20Aug2014
VMware Inc.'s stock recorded a trading volume of 1.54 million shares, above its three months average volume of 1.40 million shares. On Tuesday, the stock finished the day at $102.69, which was 0.52% lower from its previous day's closing of $103.23, and registered an intraday range of $102.01 and $103.86. Shares of the company traded at a PE ratio of 44.42. Shares in VMware Inc. have gained 1.75% in the previous three trading sessions and 7.74% in the last one month. Additionally, the company's shares are up 14.47% on YTD basis. Shares in VMware Inc. are trading above their 50-day and 200-day moving averages of $96.90 and $94.62, respectively. Furthermore, the stock has an RSI of 63.68. Free in depth research on VMW is available at:
http://www.Investor-Edge.com/VMW-20Aug2014
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