Before the Bell Information Technology Stocks Technical Notes -- Research on Google, VeriSign, AOL Inc., and 58.com
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LONDON, March 24, 2014 /PRNewswire/ --
On Friday, March 21, 2014, the NASDAQ Composite ended at 4,276.79, down 0.98%, the Dow Jones Industrial Average declined 0.17% to 16,302.77, and the S&P 500 closed at 1,866.52, down 0.29%. Four out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day at 598.00, down 0.45%, while the same has gained 0.85% in the last one month. Investor-Edge has initiated coverage on the following equities: Google Inc. (NASDAQ: GOOG), VeriSign Inc. (NASDAQ: VRSN), AOL Inc. (NYSE: AOL) and 58.com Inc. (NYSE: WUBA). Free technical research on GOOG, VRSN, AOL and WUBA can be downloaded upon signing up at:
Google Inc.'s stock declined 1.18% on Friday, closing at $1,183.04 after oscillating between $1,182.45 and $1,209.63. A total of 3.21 million shares were traded, which is above the three months average volume of 2.15 million. Google Inc.'s shares have surged 6.09% in the previous three months and 5.56% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Google Inc.'s 50-day moving average of $1,177.91 is above the 200-day moving average of $1,006.18. Furthermore, the stock is trading at a PE ratio of 32.48 and at an Relative Strength Index (RSI) of 46.07. Sign up today to read free research on GOOG at:
Shares in VeriSign Inc. witnessed a trading of 2.48 million shares on Friday, as compared with a three months average volume of 1.93 million shares. The stock ended the day at $52.78, up 0.71% and at an intraday trading range of $52.42 and $52.96. Shares in VeriSign Inc. have advanced 0.71% in the previous three trading sessions, while the same has lost 4.02% in the last one month and 11.71% on YTD basis. The stock is trading above its 200-day moving average. VeriSign Inc.'s 50-day moving average of $56.65 is above the 200-day moving average of $52.56. Additionally, shares of the company are trading at a PE ratio of 14.68 and at an RSI of 37.14. Sign up today to read free research on VRSN at:
On Friday, AOL Inc.'s stock advanced 0.16%, finishing the session at $43.62. The stock recorded a trading volume of 1.72 million shares as compared to a three months average volume of 1.47 million shares. The stock fluctuated between $43.23 and $44.17 during the session. AOL Inc.'s shares have gained 1.47% in the previous three trading sessions, while the same has fallen by 0.05% in the last one month and 6.44% on YTD basis. The stock is trading above its 200-day moving average. AOL Inc.'s 50-day moving average of $45.45 is above the 200-day moving average of $39.98. Moreover, the stock is trading at a PE ratio of 24.06 and at an RSI of 48.66. Sign up today to read free research on AOL at:
58.com Inc.'s stock recorded a trading volume of 1.05 million shares, as compared with a three months average volume of 0.90 million shares. The stock ended Friday's session at $46.27, down 0.04%, and at an intraday trading range of $45.50 and $49.99. Shares in 58.com Inc. have rallied 16.31% in the last one month, 45.87% in the previous three months and 20.68% on YTD basis. Further, 58.com Inc.'s stock is trading above its 50-day moving average of $42.63 and at an RSI of 49.04. Sign up today to read free research on WUBA at:
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