Technical Data on Top Gainers -- Research on PHH Corp., ReneSola, JinkoSolar Holding, and QIWI
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LONDON, May 22, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Wednesday, May 21, 2014, with the NASDAQ Composite closing at 4,131.54, up 0.85%, the Dow Jones Industrial Average ending the session at 16,533.06, up 0.97% and the S&P 500 finishing 0.81% higher at 1,888.03. The gains were broad based as all the ten sectors finished on a higher note. A number of stocks saw large movements, including PHH Corporation (NYSE: PHH), ReneSola Ltd (NYSE: SOL), JinkoSolar Holding Co. Ltd (NYSE: JKS) and QIWI PLC (NASDAQ: QIWI). Free technical research on PHH, SOL, JKS and QIWI can be downloaded upon signing up at:
http://www.investor-edge.com/2874-register
PHH Corp.'s stock fluctuated between $21.27 and $25.10 before ending the session 12.38% higher at $23.78. On Wednesday, PHH Corp.'s stock reported a trading volume of 9.53 million shares, much above its three months average volume of 0.80 million shares. PHH Corp.'s shares have gained 10.25% in the previous three trading sessions. However, the stock has fallen by 3.80% in the last one month and 2.34% on YTD basis. The S&P 500 Financials Sector Index gained 0.78% during the trading session, while the index has edged lower by 0.08% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $24.16 is above its 200-day moving average of $23.92. PHH Corp.'s stock traded at a PE ratio of 19.27 and has a Relative Strength Index (RSI) of 30.33. Sign up today to read free research on PHH at:
http://www.investor-edge.com/2874-PHH-22May2014.pdf
Shares in ReneSola Ltd surged 11.74% on Wednesday, closing the day at $2.57. The stock recorded a trading volume of 3.31 million shares, which was above its three months average volume of 3.08 million shares. The stock oscillated between $2.38 and $2.63 during the trading session. Shares in ReneSola Ltd have advanced 9.83% over the previous three trading sessions. The company's shares have declined 12.88% in the last one month and 25.51% since the start 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 2.16% in the previous one month. The stock is trading below its 50-day and 200-day moving averages of $3.14 and $3.93, respectively. Furthermore, shares of the company have an RSI of 32.43. Sign up today to read free research on SOL at:
http://www.investor-edge.com/2874-SOL-22May2014.pdf
On Wednesday, shares in JinkoSolar Holding Co. Ltd recorded a trading volume of 3.47 million shares, which was above its three months average volume of 2.41 million shares. The stock ended the day at $24.70, which was 10.42% above its previous day's closing, and registered an intraday range of $22.82 and $24.80. Shares of the company traded at a PE ratio of 29.66. JinkoSolar Holding Co. Ltd's shares have gained 7.44% in the previous three trading sessions, while they have lost 16.07% in the last three months and 15.70% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 0.81% during the trading session, and the index has advanced 1.15% in the last three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages of $28.41 and $26.38, respectively. Moreover, shares of the company have an RSI of 33.42. Sign up today to read free research on JKS at:
http://www.investor-edge.com/2874-JKS-22May2014.pdf
Shares in QIWI PLC finished Wednesday's session 20.65% higher at $42.12. A total of 2.22 million shares were traded, above its three months average volume of 0.62 million shares. The stock moved between $36.07 and $42.58 during the session. Over the previous three trading sessions and in the last one month, QIWI PLC's stock has surged 22.48% and 28.93%, respectively. However, the stock has declined 24.79% from the year's start. The S&P 500 Information Technology Sector Index mapped a gain of 0.81% during the trading session, and the index has advanced 2.30% in the previous three months. The company's shares are trading above their 50-day and 200-day moving averages of $32.62 and $38.60, respectively. Furthermore, QIWI PLC's stock traded at a PE ratio of 33.47. On the same day, QIWI PLC also announced its Q1 FY2014 (period ended March 31, 2014) financial results. The company reported that its total adjusted net revenue for Q1 FY2014 stood at RUB1,877 million ($52.6 million), an increase of 46% compared with RUB1,284 million in the prior year. Sign up today to read free research on QIWI at:
http://www.investor-edge.com/2874-QIWI-22May2014.pdf
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