Stock Watchout on Internet Software and Services Industry - Conversant, Millennial Media, Pandora Media, VeriSign, and Criteo
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LONDON, September 22, 2014 /PRNewswire/ --
The US markets on Friday, September 19, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,279.74, up 0.08% and the NASDAQ Composite closed at 4,579.79, down 0.30%. The S&P 500 finished the session 0.05% lower at 2,010.40. During the trading session, six out of ten sectors finished on a positive note. The S&P 500 Information Technology Sector Index ended the day at 668.32, down 0.36%, whereas the index has advanced 6.63% in the previous three months. Investor-Edge has initiated coverage on the following equities: Conversant Inc. (NASDAQ: CNVR), Millennial Media Inc. (NYSE: MM), Pandora Media Inc. (NYSE: P), VeriSign Inc. (NASDAQ: VRSN), and Criteo S.A. (NASDAQ: CRTO). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Conversant Inc.'s stock finished Friday's session 0.38% lower at $34.27. A total of 3.37 million shares were traded, which was well above its three months average volume of 1.01 million shares. The stock vacillated between $34.23 and $34.55 during the session. Over the last one month and over the previous three months, Conversant Inc.'s shares have surged 27.68% and 38.58%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 46.64%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $26.63 is greater than its 200-day moving average of $24.82. Conversant Inc.'s stock traded at a PE ratio of 24.30 and has a Relative Strength Index (RSI) of 81.74. Sign up and read the free notes on CNVR at:
www.Investor-Edge.com/CNVR-22Sep2014
On Friday, shares in Millennial Media Inc. fluctuated between $1.79 and $2.01 before ending the session 3.57% lower at $1.89. The stock reported a trading volume of 2.78 million shares, higher than its three months average volume of 1.68 million shares. Millennial Media Inc.'s shares have lost 6.90% in the previous three trading sessions, 20.92% in the last one month, and 74.00% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $2.81 and $5.23, respectively. Moreover, shares of Millennial Media Inc. have an RSI of 20.24. The complimentary notes on MM can be downloaded as in PDF format at:
www.Investor-Edge.com/MM-22Sep2014
Pandora Media Inc.'s stock edged 0.34% higher, to close the day at $26.76. The stock recorded a trading volume of 4.76 million shares, below its three months average volume of 6.89 million shares. The company's shares oscillated between $26.06 and $26.83 during the session. Over the last three trading sessions and over the past one month, Pandora Media Inc.'s shares have fallen by 2.94% and 2.01%, respectively. However, the stock edged 0.60% higher on YTD basis. The company's stock is trading above its 50-day moving average of $26.59, while the 50-day moving average is below Pandora Media Inc.'s 200-day moving average of $29.06. Additionally, the stock has an RSI of 49.99. Register for free on Investor-Edge and access the latest research on P at:
www.Investor-Edge.com/P-22Sep2014
On Friday, shares in VeriSign Inc. recorded a trading volume of 4.41 million shares, higher than its three months average volume of 1.29 million shares. The stock ended the day at $55.84, which was 0.10% above its previous day's closing of $55.79, and registered an intraday range of $54.81 and $55.94. Shares of the company traded at a PE ratio of 14.80. Although VeriSign Inc.'s stock has advanced 0.16% in the previous three trading sessions and 9.96% in the past three months, it has fallen by 6.59% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $54.45 and $53.82, respectively. Furthermore, shares of VeriSign Inc. have an RSI of 50.91. The complete research on VRSN is available for free at:
www.Investor-Edge.com/VRSN-22Sep2014
Criteo S.A.'s stock gained 1.37% to end Friday's session at $34.07. The stock recorded a trading volume of 0.56 million shares, below its three months average volume of 0.69 million shares. The company's shares fluctuated between $33.21 and $34.38 during the session. Shares of the company traded at a PE ratio of 1397.74. Criteo S.A.'s shares have gained 8.16% in the last one month. However, the stock has fallen by 2.10% over the previous three trading sessions and 0.38% on YTD basis. The company's stock is trading above its 50-day moving average. The stock's 200-day moving average of $35.57 is above its 50-day moving average of $32.11. Additionally, the stock has an RSI of 50.94. Free in depth research on CRTO is available at:
www.Investor-Edge.com/CRTO-22Sep2014
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