LONDON, May 5, 2014 /PRNewswire/ --
On Friday, May 02, 2014, the NASDAQ Composite ended at 4,123.90, down 0.09%, the Dow Jones Industrial Average finished the day 0.28% lower at 16,512.89, and the S&P 500 closed at 1,881.14, down 0.13%. The losses were broad based as six out of ten sectors ended in negative. The S&P 500 Information Technology Sector Index ended the day at 596.13, down 0.22%, while the index has advanced 6.28% in the previous three months. Investor-Edge has initiated coverage on the following equities: Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Riverbed Technology Inc. (NASDAQ: RVBD), Vishay Intertechnology Inc. (NYSE: VSH) and InvenSense Inc. (NYSE: INVN). Free technical research on ERIC, RVBD, VSH and INVN can be downloaded upon signing up at:
http://www.investor-edge.com/2106-register
On Friday, shares in Telefonaktiebolaget LM Ericsson recorded a trading volume of 5.64 million shares, higher than its three months average volume of 4.16 million shares. The stock finished the day at 0.33% lower at $12.02, and registered an intraday range of $11.94 and $12.06. Telefonaktiebolaget LM Ericsson's shares have declined 0.25% in the previous three trading sessions, 1.31% in the last three months and 1.80% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $12.84 and $12.52, respectively. Furthermore, the company stock has a Relative Strength Index (RSI) of 35.79. Sign up today to read free research on ERIC at:
http://www.investor-edge.com/2106-ERIC-05May2014.pdf
On Friday, Riverbed Technology Inc.'s stock edged 0.36% lower, to close the day at $19.44. The stock recorded a trading volume of 1.16 million shares, much below to its three months average volume of 1.98 million shares. The stock oscillated between $19.22 and $19.59 during the session. Over the previous three trading sessions and last three months, Riverbed Technology Inc.'s shares have fallen by 1.32% and 1.82%, respectively. However, the stock has gained 7.52%, since start of this year. The stock is trading above its 200-day moving average. The company stock's 50-day moving average of $19.90 is above its 200-day moving average of $17.66. Further, the stock traded at a PE ratio of 211.79 and has an RSI of 48.03. Sign up today to read free research on RVBD at:
http://www.investor-edge.com/2106-RVBD-05May2014.pdf
Shares in Vishay Intertechnology Inc.'s finished the Friday's session 0.21% higher at $14.42. A total of 1.04 million shares were traded, below its three months average volume of 1.17 million shares. The stock moved between $14.32 and $14.60 during the session. Over the previous three trading sessions and last three months, Vishay Intertechnology Inc.'s shares have advanced 1.69% and 8.99%, respectively. Shares of the company traded at a PE ratio of 17.67. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $14.52 is greater than its 200-day moving average of $13.52. Vishay Intertechnology Inc.'s stock has an RSI of 47.85. Sign up today to read free research on VSH at:
http://www.investor-edge.com/2106-VSH-05May2014.pdf
On Friday, InvenSense Inc.'s stock fluctuated between $18.04 and $19.89 before ending the session 4.66% lower at $19.63. InvenSense Inc.'s stock reported a trading volume of 12.21 million shares, much above to its three months average volume of 2.75 million shares. InvenSense Inc.'s shares have advanced 4.75% in the previous three months. However, from the beginning of 2014, the company's stock has declined 5.53%. The stock is trading above its 200-day moving average of $19.03. Additionally, shares of the company traded at a PE ratio of 93.27 and have an RSI of 38.54. On May 1, 2014, InvenSense Inc. announced its FY 2014 and Q4 FY, 2014 financial results. For Q4 FY 2014, the company reported net loss attributable to InvenSense Inc. of $5.6 million, or $0.06 per diluted share. For FY 2014, the company reported net income attributable to InvenSense Inc. of $6.1 million, or $0.07 per diluted share. Sign up today to read free research on INVN at:
http://www.investor-edge.com/2106-INVN-05May2014.pdf
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