Technical Report on Active Equities -- Research on General Motors, Nokia, Rite Aid, and Microsoft
Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 4, 2014 /PRNewswire/ --
The markets on Tuesday, June 03, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,722.34, down 0.13% and the NASDAQ Composite closed at 4,234.08, down 0.07%. The S&P 500 edged 0.04% lower, to finish the day at 1,924.24. The losses were broad based as six out of ten sectors edged lower. During the session gains in the Energy, Utilities and Health Care sectors positively impacted the broader market, while some retraction came in from Telecommunication Services, Consumer Staples and Materials sectors. Investor-Edge has initiated coverage on the following equities: General Motors Company (NYSE: GM), Nokia Corporation (NYSE: NOK), Rite Aid Corp. (NYSE: RAD) and Microsoft Corporation (NASDAQ: MSFT). Free technical research on GM, NOK, RAD and MSFT can be downloaded upon signing up at:
http://www.investor-edge.com/3358-register
General Motors Co.'s stock finished Tuesday's session 1.15% higher at $35.26. A total of 17.06 million shares were traded, which was below its three months average volume of 20.01 million shares. The stock moved between $34.75 and $35.69 during the session. Over the previous three trading sessions and over the last one month, General Motors Co.'s shares have gained 2.35% and 0.83%, respectively. However, the company's stock has lost 13.73% since start of this year. The S&P 500 Consumer Discretionary Sector Index gained 2.19% in the previous one month, while the S&P 500 Index advanced 2.29% during the same period. The company's stock is trading above its 50-day moving average of $34.26, while the 50-day moving average is below General Motors Co.'s 200-day moving average of $36.36. Further, General Motors Co.'s stock traded at a PE ratio of 13.77 and has a Relative Strength Index (RSI) of 56.07. Sign up today to read free research on GM at:
http://www.investor-edge.com/3358-GM-04Jun2014.pdf
On Tuesday, Nokia OYJ's stock declined 1.48%, closing the day at $7.98. The stock recorded a trading volume of 15.12 million shares, much below its three months average volume of 20.53 million shares. The stock oscillated between $7.93 and $8.02 during the trading session. Nokia OYJ's shares have advanced 8.57% in the last one month and 5.14% in the previous three months. However, the company's stock has declined 1.60% since beginning of this year. The S&P 500 Information Technology Sector Index gained 4.55% in the previous three months, while the S&P 500 Index advanced 4.25% during the same period. Nokia OYJ's stock is trading above its 50-day and 200-day moving averages of $7.44 and $7.16, respectively. Moreover, shares of the company have an RSI of 71.14. Sign up today to read free research on NOK at:
http://www.investor-edge.com/3358-NOK-04Jun2014.pdf
On Tuesday, shares in Rite Aid Corp. traded between $8.16 and $8.32 before ending the day 0.36% lower at $8.27. The company's stock reported a trading volume of 15.74 million shares on Tuesday, which was much below its three months average volume of 24.04 million shares. Rite Aid Corp.'s shares have gained 5.08% in the last one month, 25.68% in the previous three months and 63.44% on YTD basis. The S&P 500 Consumer Staples Sector Index gained 6.37% in the previous three months, while the S&P 500 Index advanced 4.25% during the same period. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $7.25 is greater than its 200-day moving average of $5.76. Additionally, the company's stock traded at a PE ratio of 32.49 and has an RSI of 68.10. Sign up today to read free research on RAD at:
http://www.investor-edge.com/3358-RAD-04Jun2014.pdf
On Tuesday, Microsoft Corp.'s stock recorded a trading volume of 18.03 million shares, which was much below its three months average volume of 33.09 million shares. The stock ended the day 1.23% lower at $40.29, and registered an intraday range of $40.25 and $40.68. Microsoft Corp.'s shares have advanced 1.51% in the past one month and 6.64% in the last three months. Additionally, from the beginning of 2014, the company's stock has gained an upside of 7.70%. Shares of the company traded at a PE ratio of 14.37. The S&P 500 Information Technology Sector Index gained 3.46% in the previous one month, while the NASDAQ Composite Index advanced 2.67% during the same period. Microsoft Corp.'s stock is trading above its 50-day and 200-day moving averages of $40.07 and $36.90, respectively. Furthermore, shares of the company have an RSI of 59.38. Sign up today to read free research on MSFT at:
http://www.investor-edge.com/3358-MSFT-04Jun2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Investor-Edge.com
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article