Data Review on Active Stocks -- Research on Actuate, Broadcom, Blackstone, and Cia Energetica de Minas Gerais Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 5, 2014 /PRNewswire/ --
The markets on Friday, May 02, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,512.89, down 0.28% and the NASDAQ Composite closed at 4,123.90, down 0.09%. The S&P 500 edged 0.13% lower, to finish the day at 1,881.14. The losses were broad based as six out of ten sectors finished on a lower note. During the session, Utilities, Health Care and Information Technology sectors ended in negative, while some positive momentum were observed in the Materials, Energy and Consumer Discretionary sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Actuate Corporation (NASDAQ: BIRT), Broadcom Corporation (NASDAQ: BRCM), Blackstone Group L.P. (NYSE: BX) and Cia Energetica de Minas Gerais (NYSE: CIG). Free technical research on BIRT, BRCM, BX and CIG can be downloaded upon signing up at:
On Friday, shares in Actuate Corp. recorded a trading volume of 10.03 million shares, which was much above its three months average volume of 0.47 million shares. The stock finished the day at $3.97, which was 27.91% lower than its previous day's closing, and registered an intraday range of $3.41 and $4.10. Actuate Corp.'s shares have plummeted 29.32% in the previous three trading sessions and 30.56% in the last one month. Additionally, the stock has declined 48.57% since the beginning of the 2014. Furthermore, shares of the company traded at a PE ratio of 93.42 and have a Relative Strength Index (RSI) of 13.83. On May 01, 2014, Actuate Corp. announced its Q1 FY 2014 financial results (period ended March 31, 2014). For Q1 FY 2014, the company reported GAAP net loss of $3.4 million, or $0.07 per diluted share. Sign up today to read free research on BIRT at:
Shares in Broadcom Corp. traded between $30.22 and $30.71 before ending the day 0.33% higher at $30.66. The company's stock reported a trading volume of 7.75 million shares on Friday, which was above its three months average volume of 6.59 million shares. Over the previous three trading months, and since start this year, Broadcom Corp. has advanced 5.00% and 3.42%, respectively. However, the stock has edged 0.02% lower in the previous three trading sessions. Shares of the company traded at a PE ratio of 24.78. The S&P 500 Information Technology Sector Index advanced 1.52% in the last one month, while the NASDAQ Composite Index has fallen by 0.09% during the same period. The stock is trading above its 50-day and 200-day moving averages. Broadcom Corp.'s 50-day moving average of $30.56 is greater than its 200-day moving average of $28.39. Additionally, the company's stock has an RSI of 52.01. Sign up today to read free research on BRCM at:
On Friday, Blackstone Group L.P.'s stock advanced 0.51%, closing the day at $29.57. The stock recorded a trading volume of 8.44 million shares, above its three months average volume of 5.90 million shares. The stock oscillated between $29.14 and $29.69 during the trading session. Blackstone Group L.P.'s shares have fallen by 1.40% in the previous three trading sessions, 7.36% in the last three months and 6.13% on YTD basis. The S&P 500 Financials Sector Index gained 6.22% in the previous three months, while the S&P 500 advanced 7.39% during the same period. Blackstone Group L.P.'s stock is trading above its 200-day moving average of $28.37. Moreover, shares of the company traded at a PE ratio of 9.15 and have an RSI of 37.81. Sign up today to read free research on BX at:
Cia Energetica de Minas Gerais's stock closed Friday's session 2.66% lower at $7.31. A total of 8.76 million shares were traded, which was above its three months average volume of 5.90 million shares. The stock moved between $7.12 and $7.33 during the session. Over the last one month and over the previous three months, Cia Energetica de Minas Gerais's shares have gained 5.33% and 29.61%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 22.71%. The S&P 500 Utilities Sector Index surged 10.70% in the previous three months, while the S&P 500 gained 7.39% during the same period. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $6.49 is greater than its 200-day moving average of $6.39. Further, Cia Energetica de Minas Gerais's stock has an RSI of 58.29. Sign up today to read free research on CIG at:
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] www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] 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] www.investor-edge.com for consideration.
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.