Technical Scrutiny on Software Stocks -- Activision Blizzard, Glu Mobile, Rovi Corp., Shanda Games, and Tableau Software
LONDON, April 10, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Activision Blizzard Inc. (NASDAQ: ATVI), Glu Mobile Inc. (NASDAQ: GLUU), Rovi Corporation (NASDAQ: ROVI), Shanda Games Ltd (NASDAQ: GAME), and Tableau Software Inc. (NYSE: DATA). Free research report on Activision Blizzard can be accessed at http://get.Investor-Edge.com/pdf/?c=Activision%20Blizzard&d=10-Apr-2015&s=ATVI. On Thursday, April 09, 2015, the NASDAQ Composite ended at 4,974.57, up 0.48%, the Dow Jones Industrial Average advanced 0.31%, to finish the day at 17,958.73, and the S&P 500 closed at 2,091.18, up 0.45%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 699.90, up 0.40%, with the index also advancing 1.49% in the previous three months. Register for your complimentary reports at the links given below.
Activision Blizzard Inc.'s stock finished Thursday's session 0.17% higher at $23.00. A total of 3.33 million shares were traded, which was much below its three months average volume of 7.19 million shares. The stock moved between $22.75 and $23.05 during the session. Over the last three trading sessions and the previous three months, Activision Blizzard Inc.'s shares have gained 1.46% and 21.69%, respectively. Additionally, the stock has advanced 15.93% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $22.70 is greater than its 200-day moving average of $21.64. Activision Blizzard Inc.'s stock traded at a PE ratio of 20.18 and has a Relative Strength Index (RSI) of 52.66. Sign up and read the free notes on ATVI at:
http://get.Investor-Edge.com/pdf/?c=Activision%20Blizzard&d=10-Apr-2015&s=ATVI
On Thursday, shares in Glu Mobile Inc. fluctuated between $5.01 and $5.13 before ending the session 0.78% lower at $5.08. The stock reported a trading volume of 1.48 million shares, below its three months average volume of 2.65 million shares. Shares of the company traded at a PE ratio of 54.61. Glu Mobile Inc.'s shares have advanced 5.61% in the last one month, 34.39% in the previous three months and 15.45% in the past one year. The company is trading above its 50-day and 200-day moving averages of $4.79 and $4.71, respectively. Moreover, shares of Glu Mobile Inc. have an RSI of 61.02. The complimentary notes on GLUU can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Glu%20Mobile&d=10-Apr-2015&s=GLUU
Rovi Corp.'s stock edged 0.33% lower, to close the day at $18.20. The stock recorded a trading volume of 1.35 million shares, below its three months average volume of 1.60 million shares. The stock oscillated between $18.11 and $18.40 during the session. Over the last one month and over the past one year, Rovi Corp.'s shares have declined 17.89% and 18.75%, respectively. However, the stock has advanced 1.00% in the previous three trading sessions. The company is trading below its 50-day and 200-day moving averages. Rovi Corp.'s 200-day moving average of $21.94 is above its 50-day moving average of $21.92. Additionally, the stock traded at a PE ratio of 231.66 and has an RSI of 34.86. Register for free on Investor-Edge and access the latest research on ROVI at:
http://get.Investor-Edge.com/pdf/?c=Rovi%20Corp.&d=10-Apr-2015&s=ROVI
On Thursday, shares in Shanda Games Ltd recorded a trading volume of 1.13 million shares, higher than its three months average volume of 0.77 million shares. The stock ended the day at $6.87, which was 0.29% above its previous day's closing of $6.85, and registered an intraday range of $6.83 and $6.87. Shares of the company traded at a PE ratio of 8.72. Shanda Games Ltd's shares have surged 17.04% in the last one month, 28.41% in the previous three months and 4.09% in the past one year. The company is trading above its 50-day and 200-day moving averages of $5.89 and $6.24, respectively. Furthermore, shares of Shanda Games Ltd have an RSI of 80.74. The complete research on GAME is available for free at:
http://get.Investor-Edge.com/pdf/?c=Shanda%20Games&d=10-Apr-2015&s=GAME
Tableau Software Inc.'s stock edged 0.48% lower, to close Thursday's session at $96.76, after oscillating between $96.21 and $97.95. The stock recorded a trading volume of 0.43 million shares, below its three months average volume of 0.94 million shares. Over the last one month and the previous three months, Tableau Software Inc.'s shares have advanced 4.41% and 11.24%, respectively. Additionally, the stock has surged 32.78% in the last one year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $93.21 is above its 200-day moving average of $78.58. Further, Tableau Software Inc.'s stock traded at a PE ratio of 2,419.00 and has an RSI of 59.21. Free in depth research on DATA is available at:
http://get.Investor-Edge.com/pdf/?c=Tableau%20Software&d=10-Apr-2015&s=DATA
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