Technical Study: eBay, Amazon.com, E-Commerce China Dangdang, and Liberty Interactive
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LONDON, June 20, 2013 /PRNewswire/ --
U.S. retail e-commerce sales continued to rise in the first quarter of 2013. According to data from the Commerce Department, U.S. retail e-commerce sales for the first quarter of 2013 were $61.2 billion, up 2.7% from the fourth quarter of 2012. The increase in e-commerce retail sales can be attributed mainly to consumers' preference to shop online. With more and more users switching to smartphones and tablets, the trend is expected to continue. Also, it is not just the U.S. where e-commerce retail sales have been rising. Increasing Internet penetration has boosted e-commerce retail sales in countries such as China. These developments are expected to benefit Catalog & Mail Order Houses such as eBay Inc. (NASDAQ: EBAY), Amazon.com Inc. (NASDAQ: AMZN), E-Commerce China Dangdang Inc. (ADR) (NYSE: DANG), and Liberty Interactive Inc. (NASDAQ: LINTA). AAAResearchReports.com free coverage on EBAY, AMZN, DANG, and LINTA is available upon registration at
http://www.stockcall.com/register
Shares in eBay Inc. (NASDAQ: EBAY) moved higher on Tuesday, extending their gains from previous trading sessions. The company's shares hit an intraday high of $52.86 yesterday before finishing the day 0.95% higher at $52.56. A total of 5.67 million shares were traded which is below the daily average volume of 9.81 million. EBay's shares have gained 2.10% in the last three trading sessions; and so far this year, the stock has gained over 5.5%. Nonetheless, the stock is still underperforming the S&P 500. Download free technical research on EBAY by signing up at:
http://www.AAAResearchReports.com/EBAY061913.pdf
Amazon.com Inc.'s stock rose sharply yesterday, tracking gains in the broader market. Shares of the company hit an intraday high of $282.91 before closing the day at $281.76, up 1.33%, and on a total of 2.15 million shares traded. Its daily average volume is 2.62 million. Amazon's shares have risen by nearly 2.20% in the last three trading sessions. So far this year, the stock has climbed around 15%. Furthermore, the company's shares are currently trading 1.00% below their 52-week high. Register now and get access to free analysis on AMZN at:
http://www.AAAResearchReports.com/AMZN061913.pdf
Shares in E-Commerce China Dangdang Inc. moved higher on Tuesday, extending their gains from previous trading sessions. The company's shares hit a 52-week high of $8.28 before finishing the day 1.11% higher at $8.17. A total of 1.66 million shares were exchanged which is well below the daily average volume of 2.79 million. Dangdang's shares have now risen by nearly 8.40% in the last three market sessions. Further, in the last one month, shares of this company have jumped by over 43%, and since the start of this year, the stock has seen a growth of nearly 102%. Sign up and read our complimentary report on DANG at:
http://www.AAAResearchReports.com/DANG061913.pdf
Liberty Interactive Inc.'s stock rose sharply yesterday, tracking gains in the broader market. The company's shares traded between $22.55 and $23.09 before ending the day at $23.01, or 1.77% higher. A total of 1.37 million shares were traded during the session, which is below its daily average volume of 2.07 million. Liberty Interactive's shares have now gained nearly 2.50% in the last three trading sessions; and so far in 2013, it has seen close to 20% growth. Furthermore, the company's shares are currently trading above their 50- and 200-day moving averages. The free report on LINTA can be downloaded by signing up now at:
http://www.AAAResearchReports.com/LINTA061913.pdf
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SOURCE AAA Research Reports
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