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 the session in negative. The S&P 500 Consumer Discretionary Sector Index ended the day at 509.42, up 0.30%, and the index has declined 0.59% in the last one month. Investor-Edge has initiated coverage on the following equities: Central European Media Enterprises Ltd (NASDAQ: CETV), Media General Inc. (NYSE: MEG), Sony Corporation (NYSE: SNE) and Skullcandy Inc. (NASDAQ: SKUL). Free technical research on CETV, MEG, SNE and SKUL can be downloaded upon signing up at:
On Friday, shares in Central European Media Enterprises Ltd. recorded a trading volume of 0.63 million shares, lower than its three months average volume of 1.50 million shares. The stock finished the day flat at the previous day's closing price of $2.75, and registered an intraday range of $2.70 and $2.82. Shares of Central European Media Enterprises Ltd. have advanced 2.61% in the past three trading sessions. However, the stock has declined 10.42% in the last one month and 28.39% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $3.19 and $3.65, respectively. Additionally, Shares of the company have a Relative Strength Index (RSI) of 44.61. Sign up today to read free research on CETV at:
Media General Inc.'s stock advanced 3.12% to close Friday's session at $17.17, after oscillating between $16.40 and $17.24. The stock recorded a trading volume of 2.36 million shares, above its three months average volume of 0.35 million shares. Over the previous three trading sessions and last one month, Media General Inc.'s shares have gained 12.52% and 0.94%, respectively. However, from the beginning of 2014, the company's stock has declined 24.03%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $17.06 is above its 200-day moving average of $15.88. Further, the company's stock has an RSI of 57.41. Sign up today to read free research on MEG at:
On Friday, Sony Corp.'s stock finished the session 2.74% higher at $17.63. A total of 1.38 million shares were traded, which was below its three months average volume of 2.33 million shares. The stock moved between $17.49 and $17.73 during the session. Over the last one month, Sony Corp.'s shares have fallen by 7.36%. However, the stock has surged 9.50% over the last three months and 1.97% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $18.77 is greater than its 50-day moving average of $18.06. Sony Corp.'s stock has an RSI of 41.82. Sign up today to read free research on SNE at:
Shares in Skullcandy Inc. fluctuated between $7.90 and $8.94 before ending the session 3.61% higher at $8.03, on Friday. The company's stock reported a trading volume of 1.37 million shares, above its three months average volume of 0.72 million shares. Although, Skullcandy Inc.'s shares have lost 13.66% in the last one month, the company stock has rallied 10.15% in the previous three months and 11.37% on YTD basis. The stock is trading above its 200-day moving average. The stocks 50-day moving average of $8.74 is greater than its 200-day moving average of $6.86. Moreover, shares of the company traded at a PE ratio of 131.81 and have an RSI of 43.34. Sign up today to read free research on SKUL at:
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