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:
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