LONDON, June 12, 2014 /PRNewswire/ --
On Wednesday, June 11, 2014, the NASDAQ Composite ended at 4,331.93, down 0.14%, the Dow Jones Industrial Average declined 0.60%, to finish the day at 16,843.88, and the S&P 500 closed at 1,943.89, down 0.35%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 627.15, down 0.25%, while the index has advanced 5.96% in the last one month. Investor-Edge has initiated coverage on the following equities: Investor-Edge has initiated coverage on the following equities: King Digital Entertainment PLC (NYSE: KING), Ubiquiti Networks Inc. (NASDAQ: UBNT), 21Vianet Group Inc. (NASDAQ: VNET) and Fusion-io Inc. (NYSE: FIO). Free technical research on KING, UBNT, VNET and FIO can be downloaded upon signing up at:
On Wednesday, shares in King Digital Entertainment PLC fluctuated between $17.40 and $17.79 before ending the session 0.91% lower at $17.49. King Digital Entertainment PLC's stock reported a trading volume of 0.82 million shares during the session. Shares of the company traded at a PE ratio of 9.99. King Digital Entertainment PLC's shares have advanced 7.30% in the last one month, while the stock has lost 1.80% in the previous three trading sessions. The stock is trading above its 50-day moving average of $17.35. Moreover, shares of the company have a Relative Strength Index (RSI) of 55.81. Sign up today to read free research on KING at:
Ubiquiti Networks Inc.'s stock advanced 1.91%, to close the day at $40.65. The stock recorded a trading volume of 1.09 million shares, below its three months average volume of 1.69 million shares. The stock oscillated between $39.33 and $40.68 during the session. Over the last three trading sessions and over the past one month, Ubiquiti Networks Inc.'s shares have surged 9.86% and 29.54%, respectively. However, the stock has declined 11.55% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $40.62 is greater than its 50-day moving average of $38.02. Additionally, the stock traded at a PE ratio of 23.47 and has an RSI of 61.57. Sign up today to read free research on UBNT at:
On Wednesday, 21Vianet Group Inc.'s stock recorded a trading volume of 0.68 million shares, lower than its three months average volume of 1.02 million shares. The stock ended the day at $26.83, which was 2.17% above its previous day's closing of $26.26, and registered an intraday range of $26.00 and $27.14. Although 21Vianet Group Inc.'s shares have lost 2.19% in the previous three trading sessions, it has advanced 16.35% in the last one month and 14.07% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $25.67 and $21.97, respectively. Furthermore, shares of the company have an RSI of 51.94. Sign up today to read free research on VNET at:
Fusion-io Inc.'s stock finished the Wednesday's session 2.94% higher at $8.75. A total of 2.23 million shares were traded, which was below its three months average volume of 2.80 million shares. The stock moved between $8.50 and $8.81 during the session. Over the previous three trading sessions and the last one month, Fusion-io Inc.'s shares have gained 4.67% and 9.10%, respectively. However, from the beginning of 2014, the company's stock has declined 1.80%. The company's shares are trading below their 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $10.50 is greater than its 50-day moving average of $8.85. Fusion-io Inc.'s stock has an RSI of 51.27. Sign up today to read free research on FIO at:
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