LONDON, April 9, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Tuesday, April 08, 2014, with the NASDAQ
Composite closing at 4,112.99, up 0.81%, the Dow Jones Industrial
Average ending the session at 16,256.14, up 0.06%, and the S&P
500 edging 0.38% higher to finish the trading session at 1,851.96.
The session saw a positive impact from Consumer Discretionary,
Energy and Utilities sectors along with a drag from Health Care,
Industrials and Telecommunication Services sectors. A number of
stocks saw large movements, including xG Technology Inc. (NASDAQ:
XGTI), Basic Energy Services Inc. (NYSE: BAS), Sohu.com Inc.
(NASDAQ: SOHU) and Castle Brands Inc. (NYSE: ROX). Free technical
research on XGTI, BAS, SOHU and ROX can be downloaded upon signing
up at:
http://www.investor-edge.com/966-register
xG Technology Inc.'s stock edged 6.88% higher, finishing Tuesday's
session at $2.64. The stock
fluctuated between $2.44 and $2.94
during the session with a trading volume of 1.13 million shares as
compared with its three months average volume of 1.22 million
shares. xG Technology Inc.'s shares have rallied 70.32% in the
previous three months, and 67.09% on YTD basis. The S&P 500
Telecommunication Services Sector Index mapped a loss of 0.12%
during the trading session and charted up 5.37% in the last one
month. xG Technology Inc's stock is trading above its 50-day moving
average of $2.28. Furthermore, the
company's stock has a Relative Strength Index (RSI) of 46.55. Sign
up today to read free research on XGTI at:
http://www.investor-edge.com/966-XGTI-09Apr2014.pdf
On Tuesday, shares in Basic Energy Services Inc. ended the session
at $26.88, up 6.92%. A total of 1.19
million shares were traded as compared with its three months
average volume of 1.24 million shares. During the session, the
stock traded between $25.60 and
$27.00. The company's shares have surged 13.51% in the past
one month, 80.52% in the previous three months, and 70.34% on YTD
basis. The S&P 500 Energy Sector Index mapped a gain of 0.91%
during the trading session, and the same has gained 2.45% in the
last one month. Further, the company's stock has an RSI of 52.40
and is trading above its 50-day and 200-day moving averages of
$22.41 and $15.98, respectively. On April 7th 2014, the company reported selected
operating data for the month of March
2014. The company's well servicing rig count stood at 421
and the well servicing rig hours 74,800 hours Sign up today to read
free research on BAS at:
http://www.investor-edge.com/966-BAS-09Apr2014.pdf
Sohu.com Inc.'s stock finished Tuesday's session at $62.13, up 5.11%. A total of 0.98 million shares
were traded which is above its three months average volume of 0.83
million shares. The stock vacillated between $59.01 and $63.18 during the session. Sohu.com
Inc.'s shares have edged 0.73% higher in the previous three trading
sessions, while the same has declined 14.81% on YTD basis. The
S&P 500 Information Technology Sector Index mapped a gain of
0.85% during the trading session, and has advanced 1.18% in the
previous three months. Additionally, the company's stock has an RSI
of 27.24 and is trading below its 50-day and 200-day moving
averages of $72.27 and $69.76, respectively. Sign up today to read free
research on SOHU at:
http://www.investor-edge.com/966-SOHU-09Apr2014.pdf
Shares in Castle Brands Inc. closed Tuesday's session at
$1.26, up 5.00%, after oscillating
between $1.17 and $1.29. A total of
0.62 million shares were traded, which is below its three months
average volume of 1.00 million shares. Shares in Castle Brands Inc.
have surged 55.56% in the previous three months and 65.79% on YTD
basis. The S&P 500 Consumer Staples Sector Index mapped a gain
of 0.40% during the trading session, and the same has gained 2.12%
in the previous three months. Moreover, the company's stock has an
RSI of 52.23. Sign up today to read free research on ROX at:
http://www.investor-edge.com/966-ROX-09Apr2014.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 Namrata
Maheshwari, 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] www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at
compliance [at] 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]
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 Namrata Maheshwari, 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