Year Highs Demonstrate Upside -- Research on VeriFone Systems, Chicago Bridge & Iron, 21Vianet Group, and CAMAC Energy
Editor Note: For more information about this release, please scroll to bottom
LONDON, March 19, 2014 /PRNewswire/ --
On Tuesday, March 18, 2014, the NASDAQ Composite finished at 4,333.31, up 1.25%. The Dow Jones Industrial Average closed the session at 16,336.19, up 0.55% and the S&P 500 ended the day at 1,872.25, higher by 0.72%. The gains were broad based with 9 of 10 sectors ending the session in positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include VeriFone Systems Inc. (NYSE: PAY), Chicago Bridge & Iron Co. N.V. (NYSE: CBI), 21Vianet Group Inc. (NASDAQ: VNET), and CAMAC Energy Inc. (AMEX: CAK). Free technical research on PAY, CBI, VNET and CAK can be downloaded upon signing up at:
http://www.investor-edge.com/322-register
On Tuesday, VeriFone Systems Inc.'s stock advanced 3.75%, closing the day at $34.27, hitting a new 52-week high of $34.53. The stock recorded a trading volume of 2.80 million shares, compared with the three-month average volume of 2.10 million shares. VeriFone Systems Inc.'s shares were traded at a PE ratio of 50.69 and were up 27.78% on YTD basis. Shares of the company have surged 18.75% in the last one month and 47.72% in the previous three months. The stock has witnessed a gain of 5.97% in the previous three trading sessions. The S&P 500 Information Technology Sector Index mapped a gain of 1.35% during the session and the same has gained 5.96% during the last three months. The stock is trading above its 50-day and 200-day moving averages. VeriFone Systems Inc.'s 50-day moving average of $28.88 is above the 200-day moving average of $23.24. Moreover, the company's shares were trading at the Relative Strength Index (RSI) of 72.64. Sign up today to read free research on PAY at:
http://www.investor-edge.com/322-PAY-19Mar2014.pdf
Shares in Chicago Bridge & Iron Co. N.V. traded in the range of $84.54 and $87.08 during Tuesday's session, hitting a new 52-week high of $87.08. The stock reported a gain of 4.84%, ending the day at $86.79. A total of 1.98 million shares were traded, which is above the 3-month average volume of 1.07 million shares. The company's shares have advanced 8.50% in the last one month and 8.31% in the previous three months. The S&P 500 Industrials Sector Index posted gains of 1.45% in the last one month and 1.73% in the previous three months. The company's shares traded at a PE ratio of 20.81 and were up 4.39% on YTD basis. Chicago Bridge & Iron Co. N.V.'s shares are trading above their 50-day and 200-day moving averages of $80.35 and $70.79, respectively. The stock's RSI stood at 54.63. Sign up today to read free research on CBI at:
http://www.investor-edge.com/322-CBI-19Mar2014.pdf
On Tuesday, 21Vianet Group Inc.'s stock rallied 10.68%, to finish the day at $30.77, hitting a new 52-week high of $31.90. The stock recorded a trading volume of 3.03 million shares, compared with the three-month average volumes of 0.84 million shares during the Tuesday's session. The company's shares have advanced 30.82% on YTD basis. Shares of 21Vianet Group Inc. have surged 20.38% in the last one month and 40.82% in the previous three months. The S&P 500 Information Technology Sector Index mapped a gain of 1.35% during the session and the same has advanced 2.01% during the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages of $24.22 and $17.86, respectively. Furthermore, the company's shares were trading at the Relative Strength Index (RSI) of 59.74. Sign up today to read free research on VNET at:
http://www.investor-edge.com/322-VNET-19Mar2014.pdf
Shares in CAMAC Energy Inc. finished Tuesday's session at its previous day's closing price of $0.85, after hitting new 52-weeks high of $0.91. A total of 2.95 million shares were traded, which is above the three months average volume of 0.86 million shares. The company's stock fluctuated between $0.83 and $0.91 during the trading session. The company's shares have surged 40.79% in the last one month and 78.41% in the previous three months. CAMAC Energy Inc.'s stocks have gained 39.84% on YTD basis. The S&P 500 Energy Sector Index mapped a gain of 0.78% during the session and charted up by 1.57% during the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $0.65 is above the 200-day moving average of $0.43. Sign up today to read free research on CAK at:
http://www.investor-edge.com/322-CAK-19Mar2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is 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 by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article