Technical Data on Top Gainers -- Research on Gogo, VeriFone Systems, Depomed, and TESARO
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LONDON, May 13, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Monday, May 12, 2014, with the NASDAQ Composite closing at 4,143.86, up 1.77%, the Dow Jones Industrial Average ending the session 0.68% higher at 16,695.47, and the S&P 500 edging 0.97% higher to finish the trading session at 1,896.65. During the session gains in the Information Technology, Industrials and Materials sectors positively impacted the broader market, while some retraction came in from Utilities and Telecommunication Services sectors. A number of stocks saw large movements, including Gogo Inc. (NASDAQ: GOGO), VeriFone Systems Inc. (NYSE: PAY), Depomed Inc. (NASDAQ: DEPO) and TESARO Inc. (NASDAQ: TSRO). Free technical research on GOGO, PAY, DEPO and TSRO can be downloaded upon signing up at:
http://www.investor-edge.com/2454-register
On Monday, Gogo Inc.'s stock fluctuated between $12.36 and $13.20 before ending the session 6.20% higher at $12.67. Gogo Inc.'s stock reported a trading volume of 9.64 million shares, above to its three months average volume of 3.40 million shares. Gogo Inc.'s shares have declined 0.08% in the previous three trading sessions, 30.35% in the last one month and 48.96% on YTD basis. The S&P 500 Information Technology Sector Index registered a gain of 1.48% during the trading session, and it has charted up 4.43% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $19.42 and $19.58, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 26.80. On the same day, Gogo Inc. announced its Q1 2014 financial results. For Q1 2014, the company reported net loss attributable to Gogo Inc. of $16.9 million, or $0.20 per share. Sign up today to read free research on GOGO at:
http://www.investor-edge.com/2454-GOGO-13May2014.pdf
VeriFone Systems Inc.'s stock finished Monday's session 8.78% higher at $34.94. A total of 4.56 million shares were traded, which was much above its three months average volume of 1.59 million shares. The stock moved between $33.34 and $34.98 during the session. VeriFone Systems Inc.'s stock has advanced 11.95% in the last one month and 23.07% in the previous three months. Additionally, from the beginning of 2014, the stock has gained an upside of 30.28%. The S&P 500 Information Technology Sector Index mapped a gain of 1.48% during the trading session, and the same charted up 2.48% in the last three months. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $32.49 is greater than its 200-day moving average of $26.16. VeriFone Systems Inc.'s stock traded at a PE ratio of 48.80 and has an RSI of 46.90. Sign up today to read free research on PAY at:
http://www.investor-edge.com/2454-PAY-13May2014.pdf
On Monday, Depomed Inc.'s stock rallied 13.53%, closing the day at $12.00. The stock recorded a trading volume of 2.47 million shares, much above its three months average volume of 1.16 million shares. The stock oscillated between $11.20 and $12.83 during the trading session. Over the last one month and over the previous three months, Depomed Inc.'s shares have fallen by 7.41% and 3.69%, respectively. However, the stock has advanced 13.42% since the beginning of 2014. Shares of the company traded at a PE ratio of 10.52. The S&P 500 Health Care Sector Index reported a gain of 1.04% during the trading session and charted up 4.74% in the last one month. The stock is trading above its 200-day moving average of $10.02, while the 200-day moving average is below Depomed Inc.'s 50-day moving average of $13.67. Additionally, the stock has an RSI of 28.64. Sign up today to read free research on DEPO at:
http://www.investor-edge.com/2454-DEPO-13May2014.pdf
On Monday, shares in TESARO Inc. recorded a trading volume of 1.78 million shares, higher than its three months average volume of 0.36 million shares. The stock ended the day at $29.05, which was 20.99% above its previous day's closing, and registered an intraday range of $26.66 and $29.49. TESARO Inc.'s shares have surged 21.75% in the previous three trading sessions, 19.11% in the last one month and 2.87% on YTD basis. The S&P 500 Health Care Sector Index mapped a gain of 1.04% during the trading session, and the index has charted up 1.47% in the last three months. The company's stock is trading above its 50-day moving averages of $28.62. Furthermore, shares of the company have an RSI of 41.83. On May 12, 2014, TESARO Inc. announced positive top-line results from the third and final Phase 3 trial of rolapitant. Sign up today to read free research on TSRO at:
http://www.investor-edge.com/2454-TSRO-13May2014.pdf
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