LONDON, April 2, 2014 /PRNewswire/ --
On Tuesday, April 1, 2014, the
NASDAQ Composite ended at 4,268.04, up 1.64%, the Dow Jones
Industrial Average advanced 0.46% to finish at 16,532.61, and the
S&P 500 closed at 1,885.52, up 0.70%. The gains were broad
based with eight out of ten sectors finishing the session in
positive. The S&P 500 Information Technology Sector Index
finished the day at 604.21, up 1.32%, and the index has advanced
1.53% in the last one month. Investor-Edge has initiated coverage
on the following equities: SanDisk Corp. (NASDAQ: SNDK), NetApp
Inc. (NASDAQ: NTAP), Seagate Technology PLC (NASDAQ: STX) and
Quantum Corp. (NYSE: QTM). Free technical research on SNDK, NTAP,
STX and QTM can be downloaded upon signing up at:
http://www.investor-edge.com/697-register
On Tuesday, SanDisk Corp.'s stock gained 2.38% to end the day at
$83.12. The stock recorded a trading
volume of 3.86 million shares as compared to a three months average
volume of 3.97 million shares. The stock oscillated between
$81.60 and $83.52 during the trading
session. Shares of the company traded at a PE ratio of 18.25.
SanDisk Corp.'s shares have surged 5.91% in the previous three
trading sessions, 11.87% in the last one month, and 17.83% on YTD
basis. The stock is trading above its 50-day and 200-day moving
averages. SanDisk Corp.'s 50-day moving average of $74.37 is above its 200-day moving average of
$66.17. Moreover, shares of the
company have a Relative Strength Index (RSI) of 66.06. Sign up
today to read free research on SNDK at:
http://www.investor-edge.com/697-SNDK-02Apr2014.pdf
NetApp Inc.'s stock reported a trading volume of 3.09 million
shares, as compared with a three months average volume of 5.28
million shares. The stock ended the day at $37.12, up 0.58% and at an intraday range of
$36.58 and $37.20. Shares of the company traded at a PE
ratio of 20.42. NetApp Inc.'s shares have gained 2.36% in the
previous three trading sessions, but they have declined 8.15% in
the last month and 9.78% on YTD basis. The stock is trading below
its 50-day and 200-day moving averages. NetApp Inc.'s 200-day
moving average of $40.73 is above its
50-day moving average of $40.30.
Furthermore, the shares of the company have an RSI of 40.38. Sign
up today to read free research on NTAP at:
http://www.investor-edge.com/697-NTAP-02Apr2014.pdf
On Tuesday, shares in Seagate Technology PLC finished the session
1.50% higher at $57.00. A total of
3.07 million shares were traded, which is below the three months
average volume of 3.69 million shares. The stock fluctuated between
$56.40 and $57.62 during the session.
Shares of the company traded at a PE ratio of 12.67. Seagate
Technology PLC's stock has gained 4.00% in the previous three
trading sessions, 9.22% in the last one month, and 1.50% on YTD
basis. The stock is trading above its 50-day and 200-day moving
averages. Seagate Technology PLC's 50-day moving average of
$52.50 is above its 200-day moving
average of $48.01. Moreover, shares
of the company have an RSI of 66.37. Sign up today to read free
research on STX at:
http://www.investor-edge.com/697-STX-02Apr2014.pdf
Shares in Quantum Corp. registered a trading volume of 0.78 million
shares, as compared with a three months average volume of 1.76
million shares. The stock ended the day at the previous day's
closing price of $1.22 after
vacillating between $1.18 and $1.23.
Quantum Corp.'s shares have gained 4.27% each in the previous three
trading sessions and in the last one month, while edging 1.67%
higher on YTD basis. The company's stock is trading above its
50-day moving average. Quantum Corp.'s 200-day moving average of
$1.35 is above the 50-day moving
average of $1.21. Additionally,
shares of the company have an RSI of 54.71. Sign up today to read
free research on QTM at:
http://www.investor-edge.com/697-QTM-02Apr2014.pdf
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