Technical Data on Top Gainers -- Research on Finisar, Sangamo Biosciences, Bitauto Holdings, and Universal Display

LONDON, June 6, 2014 /PRNewswire/ --

The US markets saw a positive sentiment on Thursday, June 05, 2014, with the NASDAQ Composite closing at 4,296.23, up 1.05%, the Dow Jones Industrial Average ending the session 0.59% higher at 16,836.11, and the S&P 500 edging 0.65% higher to finish the trading session at 1,940.46. The gains were broad based as all the 10 sectors finished higher. During the session healthy gains in the Industrials, Financials and Utilities sectors positively impacted the broader market. Investor-Edge has initiated coverage on the following equities: Finisar Corp. (NASDAQ: FNSR), Sangamo Biosciences Inc. (NASDAQ: SGMO), Bitauto Holdings Limited (NYSE: BITA) and Universal Display Corp. (NASDAQ: OLED). Free technical research on FNSR, SGMO, BITA and OLED can be downloaded upon signing up at:

http://www.investor-edge.com/3508-register

Shares in Finisar Corp. finished Thursday's session 9.71% higher at $24.85. A total of 3.37 million shares were traded, which was above its three months average volume of 2.76 million shares. The stock moved between $23.28 and $24.89 during the session. Finisar Corp.'s stock has advanced 5.39% in the previous three trading session and 3.46% in the last three months. Additionally, from the beginning of 2014, the company's stock has gained an upside of 3.89%. The S&P 500 Information Technology Sector Index mapped a gain of 0.81% during the trading session, and the same charted up 4.15% in the last one month. The company's shares are trading above their 200-day moving average of $23.62, while the 200-day moving average is below Finisar Corp.'s 50-day moving average of $25.21. Finisar Corp.'s stock traded at a PE ratio of 25.67 and has a Relative Strength Index (RSI) of 37.62. Sign up today to read free research on FNSR at:

http://www.investor-edge.com/3508-FNSR-06Jun2014.pdf

On Thursday, Sangamo BioSciences Inc.'s stock fluctuated between $12.99 and $14.24 before ending the session 7.91% higher at $14.18. Sangamo BioSciences Inc.'s stock reported a trading volume of 2.30 million shares, much above its three months average volume of 1.57 million shares. Over the last three trading sessions and over the last one month, Sangamo BioSciences Inc.'s shares have gained 15.28% and 6.86%, respectively. Further, the company's stock has gained 2.09% since start of this year. The S&P 500 Health Care Sector Index registered a gain of 0.16% during the trading session, with the index also advancing 3.39% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $14.27 and $14.24, respectively. Moreover, shares of the company have an RSI of 46.82. Sign up today to read free research on SGMO at:

http://www.investor-edge.com/3508-SGMO-06Jun2014.pdf

Bitauto Holdings Ltd's stock rallied 7.91%, closing the day at $40.26. The stock recorded a trading volume of 1.55 million shares, above its three months average volume of 1.06 million shares. The stock oscillated between $36.94 and $40.60 during the trading session. Although, Bitauto Holdings Ltd's shares have declined 4.78% in the last three trading sessions, it has gained 2.52% in the last one month and 25.97% on YTD basis. Shares of the company traded at a PE ratio of 40.63. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $36.99 is greater than its 200-day moving average of $30.00. Additionally, the stock has an RSI of 45.51. On the same day, Bitauto Holdings Ltd partnered with Baidu, to be an exclusive supplier for auto-related content on the mobile version of Aladdin. Sign up today to read free research on BITA at:

http://www.investor-edge.com/3508-BITA-06Jun2014.pdf

On Thursday, Universal Display Corp.'s stock recorded a trading volume of 0.87 million shares, which was above its three months average volume of 0.63 million shares. The stock ended the day at $27.63, which was 9.30% above its previous day's closing, and registered an intraday range of $25.57 and $28.32. Universal Display Corp.'s share has surged 6.07% in the previous three trading sessions and 16.73% in the last one month. However, the company's stock has declined 19.59% since beginning of this year. The S&P 500 Information Technology Sector Index mapped a gain of 0.81% during the trading session, and the index has charted up 0.97% in the last three trading sessions. Universal Display Corp.'s shares are trading below their 50-day and 200-day moving averages of $27.65 and $32.00, respectively. The company's stock traded at a PE ratio of 15.52 and has an RSI of 44.58. Sign up today to read free research on OLED at:

http://www.investor-edge.com/3508-OLED-06Jun2014.pdf

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