LONDON, September 17, 2014 /PRNewswire/ --
The US markets on Tuesday, September 16, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,131.97, up 0.59% and the NASDAQ Composite closed at 4,552.76, up 0.75%. The S&P 500 finished the session 0.75% higher at 1,998.98. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Telecommunication Services Sector Index ended the day at 158.78, up 0.76%, with the index advancing 0.35% in the previous three months. Investor-Edge has initiated coverage on the following equities: Level 3 Communications Inc. (NYSE: LVLT), Vonage Holdings Corporation (NYSE: VG), Iridium Communications Inc. (NASDAQ: IRDM), Globalstar Inc. (NYSE MKT: GSAT), and 8x8 Inc. (NASDAQ: EGHT). Free research on these five companies can be accessed at:
http://investor-edge.com/register
Shares in Level 3 Communications Inc. finished Tuesday's session 2.68% higher at $45.24. A total of 2.36 million shares were traded, which was above its three months average volume of 2.25 million shares. The stock vacillated between $43.69 and $45.51 during the session. Over the last one month and over the previous three months, Level 3 Communications Inc.'s shares have advanced 7.77% and 6.95%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 36.39%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $44.09 is greater than its 200-day moving average of $39.46. Level 3 Communications Inc.'s stock traded at a PE ratio of 36.87 and has a Relative Strength Index (RSI) of 48.46. Sign up and read the free notes on LVLT at:
www.Investor-Edge.com/LVLT-17Sep2014
On Tuesday, shares in Vonage Holdings Corp. fluctuated between $3.37 and $3.48 before ending the session 0.59% higher at $3.42. The stock reported a trading volume of 1.19 million shares, lower than its three months average volume of 1.22 million shares. Shares of the company traded at a PE ratio of 39.80. Vonage Holdings Corp.'s shares have fallen by 1.72% in the previous three trading sessions, while the stock has advanced 4.91% in the last one month and 2.70% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $3.48 and $3.79, respectively. Moreover, shares of Vonage Holdings Corp. have an RSI of 47.18. The complimentary notes on VG can be downloaded as in PDF format at:
www.Investor-Edge.com/VG-17Sep2014
Iridium Communications Inc.'s stock edged 0.23% higher, to close the day at $8.85. The stock recorded a trading volume of 0.60 million shares, below its three months average volume of 0.96 million shares. The company's shares oscillated between $8.75 and $8.95 during the session. Over the last one month and over the past three months, Iridium Communications Inc.'s shares have advanced 1.37% and 10.07%, respectively. Further, the stock has gained 41.58% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $8.63 is above its 200-day moving average of $7.38. Additionally, the stock traded at a PE ratio of 12.64 and has an RSI of 47.01. Register for free on Investor-Edge and access the latest research on IRDM at:
www.Investor-Edge.com/IRDM-17Sep2014
On Tuesday, shares in Globalstar Inc. recorded a trading volume of 2.79 million shares, lower than its three months average volume of 4.27 million shares. The stock ended the day at $3.77, which was 0.53% below its previous day's closing of $3.79, and registered an intraday range of $3.75 and $3.81. Although Globalstar Inc.'s stock has fallen by 1.57% in the previous three trading and 5.51% in the last one month, it has surged 115.43% on YTD basis. The company's stock is trading above its 200-day moving average of $2.98, which is below the 50-day moving average of $3.98. Furthermore, shares of Globalstar Inc.'s have an RSI of 42.22. The complete research on GSAT is available for free at:
www.Investor-Edge.com/GSAT-17Sep2014
8x8 Inc.'s stock fell 2.44% to end Tuesday's session at $7.20. The stock recorded a trading volume of 0.74 million shares, below its three months average volume of 0.89 million shares. The company's shares fluctuated between $7.13 and $7.38 during the session. Shares of the company traded at a PE ratio of 181.00. 8x8 Inc.'s shares have lost 29.06% since the start of this year. Further, the stock has fallen by 9.66% over the previous three trading sessions and 8.63% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $9.16 is above its 50-day moving average of $7.83. Additionally, the stock has an RSI of 36.23. Free in depth research on EGHT is available at:
www.Investor-Edge.com/EGHT-17Sep2014
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