LONDON, June 4, 2014 /PRNewswire/ --
The markets on Tuesday, June 03, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,722.34, down 0.13% and the NASDAQ Composite closed at 4,234.08, down 0.07%. The S&P 500 edged 0.04% lower, to finish the day at 1,924.24. The losses were broad based as six out of ten sectors ended the session in negative. During the session, Consumer Staples, Materials and Telecommunication Services sectors ended in negative, while some positive momentum were observed in the Energy, Health Care and Utilities sectors. Investor-Edge has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Ford Motor Co. (NYSE: F), Zynga Inc. (NASDAQ: ZNGA) and Arch Coal Inc. (NYSE: ACI). Free technical research on BAC, F, ZNGA and ACI can be downloaded upon signing up at:
http://www.investor-edge.com/3353-register
On Tuesday, Bank of America Corp.'s stock fell by 0.33%, closing the day at $15.21. The stock recorded a trading volume of 48.75 million shares, below its three months average volume of 95.23 million shares. The stock oscillated between $15.11 and $15.28 during the session. Bank of America Corp.'s shares have declined 0.26% in the last one month and 6.69% in the previous three months. Also, the stock has lost 2.31% since the start of this year. The S&P 500 Financials Sector Index advanced 1.54% in the last one month, while the S&P 500 gained 2.29% during the same period. Bank of America Corp.'s stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $15.78 is higher than its 200-day moving average of $15.51. Moreover, the company's shares traded at a PE ratio of 10.21 and have a Relative Strength Index (RSI) of 51.94. Sign up today to read free research on BAC at:
http://www.investor-edge.com/3353-BAC-04Jun2014.pdf
Ford Motor Co.'s stock traded between $16.45 and $16.72 before ending the day 0.67% higher at $16.55. The company's stock reported a trading volume of 32.53 million shares on Tuesday, which was above its three months average volume of 28.20 million shares. Over the last one month and previous three months, Ford Motor Co.'s stock has surged 4.09% and 8.88%, respectively. Also, the stock has gained 7.26% since start of this year. The S&P 500 Consumer Discretionary Sector Index advanced 2.19% in the last one month, while the NASDAQ Composite Index has gained 2.67% during the same period. The stock is trading above its 50-day and 200-day moving averages. Ford Motor Co.'s 200-day moving average of $16.22 is greater than its 50-day moving average of $15.90. Additionally, the company's stock traded at a PE ratio of 11.58 and has an RSI of 63.65. Sign up today to read free research on F at:
http://www.investor-edge.com/3353-F-04Jun2014.pdf
On Tuesday, Zynga Inc.'s stock recorded a trading volume of 25.16 million shares, which was below its three months average volume of 32.66 million shares. The stock finished the day at $3.31, which was 2.36% lower to its previous day's closing, and registered an intraday range of $3.30 and $3.41. Zynga Inc.'s shares have lost 14.25% in the last one month and 36.83% in the previous three months. Also, the stock has plummeted 12.89% on YTD basis. The S&P 500 Information Technology Sector Index advanced 3.46% in the last one month, while the S&P 500 gained 2.29% during the same period. Zynga Inc.'s stock is trading below its 50-day and 200-day moving averages; while, the 200-day moving average of $3.97 is above its 50-day moving average of $3.96. Furthermore, shares of the company have an RSI of 38.99. Sign up today to read free research on ZNGA at:
http://www.investor-edge.com/3353-ZNGA-04Jun2014.pdf
Shares in Arch Coal Inc. closed Tuesday's session 6.38% lower at $3.23, hitting a new 52-week low of $3.21. A total of 19.24 million shares were traded, which was much above its three months average volume of 7.68 million shares. The stock moved between $3.21 and $3.45 during the session. Over the last one month and previous three months, shares in Arch Coal Inc. have declined 31.57% and 27.90%, respectively. Also, the company's stock has fallen by 27.42% since the beginning of 2014. The S&P 500 Energy Sector Index advanced 1.18% in the last one month, while the NASDAQ Composite Index gained 2.67% during the same period. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $4.46 is greater than its 200-day moving average of $4.35. Further, Arch Coal Inc.'s stock has an RSI of 22.94. Sign up today to read free research on ACI at:
http://www.investor-edge.com/3353-ACI-04Jun2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Investor-Edge.com
SOURCE Investor-Edge
