Today's Technical View: Altria Group Inc., Lorillard Inc., Philip Morris Intl. Inc., and Reynolds American Inc.
LONDON, September 27, 2013 /PRNewswire/ --
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The U.S. equity market edged higher on Thursday, September 26, 2013. The S&P 500 ended the day at 1,698.67, up 0.35%; the Dow Jones Industrial Average closed at 15,328.30, up 0.36%; and the NASDAQ Composite finished at 3,787.43, up 0.70%. Shares in the cigarettes industry advanced as the broader market posted gains. The major movers in the industry included Altria Group Inc. (NYSE: MO), Lorillard Inc. (NYSE: LO), Philip Morris International Inc. (NYSE: PM), and Reynolds American Inc. (NYSE: RAI). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on MO, LO, PM, and RAI are currently available upon signing up at:
http://www.aaaresearchreports.com/register/
Altria Group Inc.'s stock rose 0.60% on Thursday, tracking gains in the broader market. The company's shares closed the day at $35.00 after fluctuating between $34.76 and $35.00. A total of 5.10 million shares were traded, which is below the daily average volume of 8.86 million. The company's shares have advanced 2.79% in the last one month, outperforming the S&P 500 which has gained 2.53% during the same period. Further, Altria Group Inc.'s stock is trading above its 200-day moving average of $34.81. Sign up for free technical analysis on MO at:
http://www.AAAResearchReports.com/MO092713.pdf
On Thursday, shares in Lorillard Inc. edged higher to close at $44.83, up 0.95% from the previous day's closing price of $44.41. The company's shares oscillated between $44.44 and $44.85 during the trading session. A total of 2.85 million shares were traded, which is below the daily average volume of 3.24 million. The company's shares have gained 3.03% in the last one month and 2.40% in the previous three months, compared to a gain of 2.53% and 5.95% in the S&P 500 during the respective periods. Additionally, Lorillard Inc.'s stock is trading above its 50-day and 200-day moving averages of $43.72 and $41.95, respectively. Download free report on LO by registering at:
http://www.AAAResearchReports.com/LO092713.pdf
Shares in Philip Morris International Inc. posted gains on Thursday, reversing all of the losses from the previous trading session. The company's shares ended the session 0.90% higher at $87.69, after trading between $86.77 and $87.72. A total of 3.60 million shares were traded, which is below the daily average volume of 4.99 million. The company's shares have gained 3.89% in the last one month and 0.17% in the previous three months, compared to a gain of 2.53% and 5.95% in the S&P 500 during the respective periods. Furthermore, Philip Morris International Inc.'s stock is trading above its 50-day moving average of $87.16. The free report on PM can be downloaded by signing up now at:
http://www.AAAResearchReports.com/PM092713.pdf
On Thursday, Reynolds American Inc.'s stock rose sharply to end at $49.69, which is 1.22% higher than the previous day's closing price of $49.09. The company's shares vacillated between $49.11 and $49.69 during the trading session. A total of 1.05 million shares were traded, which is below the daily average volume of 1.53 million. The company's shares have advanced 3.37% in the last one month and 2.35% in the previous three months, compared to a gain of 2.53% and 5.95% in the S&P 500 during the respective periods. Moreover, Reynolds American Inc.'s stock is trading above its 50-day and 200-day moving averages of $49.45 and $46.47, respectively. A free report on RAI can be accessed by registering at:
http://www.AAAResearchReports.com/RAI092713.pdf
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SOURCE AAA Research Reports
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