LONDON, March 24, 2014 /PRNewswire/ --
The US markets saw a negative sentiment on Friday, March 21, 2014, as the NASDAQ Composite
closed at 4,276.79, down 0.98%, the Dow Jones Industrial Average
ended the session at 16,302.77, down 0.17% and the S&P 500
edged 0.29% lower to finish the trading session at 1,866.52. During
the session, gains in the Energy, Utilities, and Materials sectors
positively impacted the broader market, while retraction came in
from Consumer Discretionary, Information Technology, and Health
Care sectors. A number of stocks saw large movements, including
Mechel (NYSE: MTL), AirMedia Group Inc. (NASDAQ: AMCN), Nuverra
Environmental Solutions Inc. (NYSE: NES), and CommScope Holding Co.
Inc. (NASDAQ: COMM). Free technical research on MTL, AMCN, NES, and
COMM can be downloaded upon signing up at:
http://www.investor-edge.com/430-register
On Friday, Mechel's stock ended the session at $2.04, up 8.51% from the previous day closing
price of $1.88. A total of 5.25
million shares were traded as compared to a three months average
volume of 1.48 million shares. The stock traded between
$1.86 and $2.15 during the trading
session. Mechel's shares have gained 12.71% in the previous three
trading sessions, while the same has lost 1.45% in the last one
month and 20.31% on YTD basis. The S&P 500 Materials Sector
Index mapped a gain of 0.47% during the trading session and charted
up 3.25% in the last one month. Furthermore, the stock is trading
at a Relative Strength Index (RSI) of 59.51 and above its 50-day
moving average of $1.99. Sign up
today to read free research on MTL at:
http://www.investor-edge.com/430-MTL-24Mar2014.pdf
AirMedia Group Inc's stock gained 9.09% on Friday, closing at an
intra-day high of $2.64. A total of
0.91 million shares were traded as compared to a three months
average volume of 1.00 million shares. The stock oscillated between
$2.45 and $2.64 during the trading
session. Shares of AirMedia Group Inc. have rallied 5.18% in the
last one month, 67.09% in the previous three months and 30.05% on
YTD basis. The S&P 500 Consumer Discretionary Sector Index
mapped a loss of 0.64% during the trading session and charted up
0.35% in the last one month. Moreover, the stock is trading at an
RSI of 55.60 and above its 50-day and 200-day moving averages of
$2.35 and $1.95, respectively. Sign up today to read free
research on AMCN at:
http://www.investor-edge.com/430-AMCN-24Mar2014.pdf
Shares in Nuverra Environmental Solutions Inc. closed Friday's
session at $18.87, up 5.77%, with a
trading volume of 0.77 million shares traded as compared to a three
months average volume of 0.52 million shares. The stock vacillated
between $17.95 and $19.13 during the
session and traded at a PE ratio of 2.50. Shares in Nuverra
Environmental Solutions Inc. have surged 21.82% in the last one
month, 16.99% in the previous three months and 12.39% on YTD basis.
The S&P 500 Energy Sector Index advanced 0.26% during the
trading session and has declined 0.38% in the last one month.
Further, the stock is trading at an RSI of 65.35 and above its
50-day moving average of $15.59. Sign
up today to read free research on NES at:
http://www.investor-edge.com/430-NES-24Mar2014.pdf
CommScope Holding Co Inc.'s stock finished Friday's session up
10.12% at $24.37, recording a new
52-week high of $25.89. A total of
1.15 million shares were traded which is above the three months
average volume of 0.49 million shares. The stock fluctuated between
$23.99 and $25.89 during the session.
Shares in CommScope Holding Co Inc. have advanced 11.18% in the
last one month, 35.01% in the previous three months and 28.74% on
YTD basis. The S&P 500 Information Technology Sector Index
mapped a loss of 0.45% during the trading session and charted up
0.85% in the last one month. Additionally, the stock is trading at
an RSI of 70.98 and above its 50-day moving average of $20.22. Sign up today to read free research on
COMM at:
http://www.investor-edge.com/430-COMM-24Mar2014.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.
http://www.investor-edge.com
SOURCE Investor-Edge