Technical Commentary on Computer and Electronics Retail Stocks - Best Buy, GameStop, RadioShack, Rent-A-Center, and Conn's
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LONDON, November 7, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Best Buy Company Inc. (NYSE: BBY), GameStop Corporation (NYSE: GME), RadioShack Corporation (NYSE: RSH), Rent-A-Center Inc. (NASDAQ: RCII), and Conn's Inc. (NASDAQ: CONN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Thursday, November 06, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,554.47, up 0.40% and the NASDAQ Composite closed at 4,638.47, up 0.38%. The S&P 500 finished the session 0.38% higher at 2,031.21. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 540.19, up 0.88%, with the index advancing 3.77% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
Best Buy Co. Inc.'s stock gained 1.65%, to close the day at $35.21. The stock recorded a trading volume of 4.68 million shares, below its three months average volume of 5.43 million shares. The company's shares oscillated between $34.39 and $35.35 during the session. Over the previous three trading sessions and over the last one month, Best Buy Co. Inc.'s shares have advanced 2.32% and 9.35%, respectively. Further, the stock has gained 19.07% in the past three months. The stock is trading above its 50-day and 200-day moving averages. Best Buy Co. Inc.'s shares 50-day moving average of $32.66 is above its 200-day moving average of $28.67. Additionally, the stock traded at a PE ratio of 16.05 and has a Relative Strength Index (RSI) of 64.81. Sign up and read the free notes on BBY at:
www.Investor-Edge.com/BBY-07Nov2014
On Thursday, shares in GameStop Corp. recorded a trading volume of 3.18 million shares, higher than its three months average volume of 2.35 million shares. The stock ended the day at $44.73, which was 3.93% above its previous day's closing of $43.04, and registered an intraday range of $43.05 and $44.84. Shares of the company traded at a PE ratio of 13.65. GameStop Corp.'s shares have gained 4.73% in the previous three trading sessions, 13.07% in the last one month, and 7.78% in the past three months. The stock is trading above its 50-day and 200-day moving averages of $41.82 and $39.92, respectively. Furthermore, shares of GameStop Corp. have an RSI of 62.61. The complimentary notes on GME can be downloaded as in PDF format at:
www.Investor-Edge.com/GME-07Nov2014
RadioShack Corp.'s stock fell 2.03% to end Thursday's session at $0.97. The stock recorded a trading volume of 0.96 million shares, much below its three months average volume of 6.40 million shares. The company's shares fluctuated between $0.95 and $1.00 during the session. RadioShack Corp.'s shares have gained 11.46% over the last one month and 50.40% previous three months. However, the stock has plummeted 62.70% since the beginning of 2014. The stock is trading below its 50-day and 200-day moving averages. RadioShack Corp.'s shares 200-day moving average of $1.40 is above its 50-day moving average of $0.99. Additionally, the stock has an RSI of 53.10. Register for free on Investor-Edge and access the latest research on RSH at:
www.Investor-Edge.com/RSH-07Nov2014
On Thursday, shares in Rent-A-Center Inc. fluctuated between $31.31 and $31.62 before ending the session 0.27% higher at $31.51. The stock reported a trading volume of 0.51 million shares, lower than its three months average volume of 0.79 million shares. Shares of the company traded at a PE ratio of 18.81. Rent-A-Center Inc.'s stock has gained 2.44% in the previous three trading sessions, 3.96% in the last one month, and 26.60% in the past three months. The stock is trading above its 50-day and 200-day moving averages of $29.79 and $27.49, respectively. Moreover, shares of Rent-A-Center Inc. have an RSI of 59.73. The complete research on RCII is available for free at:
www.Investor-Edge.com/RCII-07Nov2014
Conn's Inc.'s stock finished Thursday's session 0.99% higher at $31.55. A total of 0.42 million shares were traded, which was much below its three months average volume of 1.46 million shares. The stock vacillated between $31.11 and $32.10 during the session. Over the last one month and over the past three months, Conn's Inc.'s shares have lost 3.46% and 25.33%, respectively. Additionally, from the beginning of 2014, the stock has declined 59.91%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $40.84 is greater than its 50-day moving average of $30.89. Conn's Inc.'s stock traded at a PE ratio of 11.46 and has an RSI of 51.44. Free in depth research on CONN is available at:
www.Investor-Edge.com/CONN-07Nov2014
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