NEW YORK, June 30, 2016 /PRNewswire/ --
Growth in the U.S. Services sector has slightly picked up since
the first quarter, and is expected to remain steady given increased
activities. This morning, Stock-Callers.com takes a look at four
stocks in this space for investors' review: Time Inc. (NYSE: TIME),
Gannett Co. Inc. (NYSE: GCI), Thomson Reuters Corp. (NYSE: TRI),
and The New York Times Co. (NYSE: NYT). Learn more about these
stocks and receive your complimentary trade alerts at:
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Below are these stocks' performances following yesterday's
closing bell:
Shares in New York
headquartered Time Inc. ended Wednesday's session 2.22% higher at
$16.12. A total volume of 1.20
million shares was traded, which was above their three months
average volume of 1.12 million shares. The stock has advanced 1.58%
in the last month, 4.40% over the previous three months, and 2.87%
on an YTD basis. The Company's shares are trading 3.32% above their
50-day moving average and 1.20% above their 200-day moving average.
Moreover, shares of Time, which together with its subsidiaries,
operates as a media Company that publishes magazines in the U.S.,
the U.K., and globally, have a Relative Strength Index (RSI) of
46.85.
McLean, Virginia-based Gannett
Co. Inc.'s stock climbed 2.62%, closing the day at $13.70. A total volume of 2.13 million shares was
traded, which was higher than their three months average volume of
1.25 million shares. The Company's shares are trading 9.97% below
their 200-day moving average. Additionally, shares of Gannett,
which operates as a multi-platform news and information Company,
have an RSI of 25.25.
On Wednesday, shares in New
York headquartered Thomson Reuters Corp. gained 2.83%,
closing the session at $40.03. The
stock recorded a trading volume of 842,191 shares. The Company's
shares have advanced 7.64% on an YTD basis and are trading 2.92%
above their 200-day moving average. Furthermore, shares in Thomson
Reuters, which provides news and information for professional
markets globally, have an RSI of 42.27.
New York headquartered The New
York Times Co.'s stock finished the session 1.80% higher at
$11.87 and with a total volume of
484,175 shares traded. The Company's shares are trading below their
50-day moving average by 2.72%. Shares of New York Times, which
together with its subsidiaries, provide news and information for
readers and viewers across various platforms globally, have an RSI
of 45.80.
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