This Morning's Technical Outlook on Multimedia & Graphics Software Stocks -- Activision Blizzard, Avid Technology, Sea, and The9

NEW YORK, March 15, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on ATVI, AVID, SE, and NCTY which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com redirects investors' attention to the Multimedia and Graphics Software space, which is engaged in the design, development, and support for a variety of multimedia productions such as graphics design, web design, desktop and online publishing, video production, streaming media, and imaging systems. In this morning's lineup are the following stocks: Activision Blizzard Inc. (NASDAQ: ATVI), Avid Technology Inc. (NASDAQ: AVID), Sea Ltd (NYSE: SE), and The9 Ltd (NASDAQ: NCTY). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Activision Blizzard

Santa Monica, California headquartered Activision Blizzard Inc.'s shares dropped 2.25%, closing Wednesday's trading session at $74.22. The stock recorded a trading volume of 11.76 million shares, which was above its three months average volume of 6.36 million shares. The Company's shares have advanced 8.64% in the last month, 17.49% over the previous three months, and 51.22% over the past year. The stock is trading 5.17% above its 50-day moving average and 15.44% above its 200-day moving average. Additionally, shares of Activision Blizzard, which develops and distributes content and services on video game consoles, PC, and mobile devices, have a Relative Strength Index (RSI) of 53.47. 

On February 16^th, 2018, research firm Argus reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $70 a share to $81 a share.

On March 12^th, 2018, Activision Publishing, Inc., a division of Activision Blizzard, announced that after three days of intense Call of Duty: WWII competition, Rise Nation was crowned champion of the CWL Atlanta Open, presented by PlayStation^®4. Teams Red Reserve, Luminosity Gaming, and Team EnVyUs rounded out the top four spots at the Call of Duty World League open event held at the Georgia World Congress Center in Atlanta, Georgia. Get the full research report on ATVI for free by clicking below at:

www.wallstequities.com/registration/?symbol=ATVI

Avid Technology

On Wednesday, shares in Burlington, Massachusetts headquartered Avid Technology Inc. recorded a trading volume of 263,830 shares. The stock dropped 3.96%, ending the day at $5.09. The Company's shares have advanced 8.99% in the past month. The stock is trading below its 200-day moving average by 0.09%. Furthermore, shares of Avid Technology, which develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide, have an RSI of 50.67. 

On March 08^th, 2018, Avid Technology announced that Jeff Rosica, CEO and President, and Brian E. Agle, Senior Vice President and CFO, will hold a conference call on March 15^th, 2018, at 5:00 p.m. ET to discuss the Company's financial results for Q4 2017. The conference call will be available via live audio webcast on the Company's website. AVID's complimentary research coverage is a few simple steps away at:

www.wallstequities.com/registration/?symbol=AVID

Sea

Singapore headquartered Sea Ltd's stock finished the day 1.33% lower at $11.15. A total volume of 1.60 million shares was traded, which was above their three months average volume of 937,370 shares. The Company's shares are trading below their 50-day moving average by 8.63%. Additionally, shares of Sea, which engages in the digital entertainment, e-commerce, and digital financial service businesses in Greater Southeast Asia, have an RSI of 43.51. 

On February 28^th, 2018, Sea announced its results for Q4 and full year ended December 31^st, 2017. For Q4 2017, total revenue was US$124.6 million, total cost of revenue was US$101.1 million, and net loss was US$(263.1) million. For the full year 2017, total revenue was US$414.2 million, total cost of revenue was US$326.9 million, and net loss was US$(561.2) million. Register for your free research report on SE at:

www.wallstequities.com/registration/?symbol=SE

The9

Shares in Shanghai, China headquartered The9 Ltd ended yesterday's session 2.91% lower at $0.67. The stock recorded a trading volume of 342,984 shares. The Company's shares are trading 15.06% below their 50-day moving average. Moreover, shares of The9, which together with its subsidiaries, operates as an online game developer and operator in China, have an RSI of 38.83. Wall St. Equities' downloadable research report on NCTY available at:

www.wallstequities.com/registration/?symbol=NCTY

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Wall St. Equities

Related Links

http://www.wallstequities.com