Top Gainers Technical Data: Ocean Power Technologies, ARCA Biopharma, Ubiquiti Networks, and Pinnacle Entertainment
LONDON, March 12, 2014 /PRNewswire/ --
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The US markets saw a negative sentiment on Tuesday, March 11, 2014, with the NASDAQ Composite closing at 4,307.19, down 0.63%, the Dow Jones Industrial Average ending the session at 16,351.25, down 0.41% and the S&P 500 edging 0.51% lower to finish the trading session at 1,867.63. During the session, the losses were broad based as nine out of ten sectors edged lower. A number of stocks saw large movements, including Ocean Power Technologies Inc. (NASDAQ: OPTT), ARCA Biopharma Inc. (NASDAQ: ABIO), Ubiquiti Networks Inc. (NASDAQ: UBNT), and Pinnacle Entertainment Inc. (NYSE: PNK), which were amongst the top gainers for the session. Free research on these four companies can be accessed at:
http://investor-edge.com/register
Shares in Ocean Power Technologies Inc. edged 19.78% higher, finishing Tuesday's session at $5.45, hitting a new 52-week high of $7.01. The stock fluctuated between $4.82 and $7.01 during the session with a trading volume of 12.39 million shares which is above the three months average volume of 1.94 million shares. Ocean Power Technologies Inc.'s shares have rallied 54.30% in the last one month and 193.01% in the previous three months, and 183.85% on YTD basis. The S&P 500 Industrials Sector Index mapped a loss of 0.68% during the trading session and charted up 2.72% in the last one month. Furthermore, the stock is trading at the RSI of 64.36 and above its 50-day and 200-day moving averages of $3.01 and $2.09, respectively. Sign up and read the free notes on OPTT at:
http://www.Investor-Edge.com/03122014/OPTT/report.pdf
ARCA Biopharma Inc.'s stock finished Tuesday's session at $1.94, recording a 3.74% gain with a trading volume of 2.42 million shares as compared to a three months average volume of 1.07 million shares. The stock vacillated between $1.85 and $2.05 during the session. The company's shares have advanced 7.78% in the last one month and 27.63% in the previous three months. ARCA Biopharma Inc.'s shares have gone up 15.48% on YTD basis. The S&P 500 Health Care Sector Index mapped a loss of 0.26% during the trading session and charted up 9.92% in the previous three months. Additionally, the stock is trading at the RSI of 50.59 and above its 50-day and 200-day moving averages of $1.89 and $1.57, respectively. The complimentary notes on ABIO can be downloaded as in PDF format at:
http://www.Investor-Edge.com/03122014/ABIO/report.pdf
Ubiquiti Networks Inc.'s stock closed Tuesday's session at $49.18, up 4.22%. A total of 2.21 million shares were traded as compared to a three months average volume of 1.19 million shares. The stock oscillated between $47.98 and $50.60 during the trading session. Ubiquiti Networks Inc.'s shares have surged 12.28% in the last one month and 29.22% in the previous three months. The company's shares traded at a PE ratio of 33.46 and have gone up 7.01% on YTD basis. The S&P 500 Information Technology Sector Index mapped a loss of 0.18% during the trading session and charted up 6.09% in the previous three months. Moreover, the stock is trading at the RSI of 48.93 and above its 50-day and 200-day moving averages of $45.54 and $34.03, respectively. Register for free on Investor-Edge and access the latest research on UBNT at:
http://www.Investor-Edge.com/03122014/UBNT/report.pdf
On Tuesday, shares in Pinnacle Entertainment Inc. ended the session at $25.76, which is 5.96% higher than the previous day's closing price of $24.31. A total of 2.62 million shares were traded as compared to a three months average volume of 0.98 million shares. During the session, the stock traded between $24.58 and $26.11. The company's shares have gained 13.98% in the last one month and 6.98% in the previous three months. Pinnacle Entertainment Inc.'s shares have fallen by 0.88% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 0.56% during the trading session and charted up 3.33% in the last one month. Furthermore, the stock is trading at the RSI of 59.97 and above its 50-day and 200-day moving averages of $23.46 and $22.82, respectively. The complete research on PNK is available for free at:
http://www.Investor-Edge.com/03122014/PNK/report.pdf
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