Early Briefing and Review: Micron Technology Inc., Jabil Circuit Inc., JA Solar Holdings Co. Ltd, and IPG Photonics Corp.
LONDON, October 25, 2013 /PRNewswire/ --
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On Thursday, October 24, 2013, the S&P 500 ended the day at 1,752.07, up 0.33%; the Dow Jones Industrial Average closed at 15,509.21, up 0.62%; while the NASDAQ Composite finished at 3,928.96, up 0.56%. Shares in the technology sector fluctuated between gains and losses, even as the broader market edged higher. The major movers in the sector included Micron Technology Inc. (NASDAQ: MU), Jabil Circuit Inc. (NYSE: JBL), JA Solar Holdings Company Ltd (NASDAQ: JASO), and IPG Photonics Corporation (NASDAQ: IPGP). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
Shares in Micron Technology Inc. fluctuated between $16.40 and $16.92 before ending Thursday's trading session 1.69% higher at $16.83. A total of 30.27 million shares were traded, which is below the daily average volume of 45.75 million. The company's shares have gained 1.60% in the previous three trading sessions and 28.42% in the last three months, compared to a gain of 0.42% and 3.92% in the S&P 500 during the respective periods. Moreover, Micron Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $16.09 and $11.97, respectively. Sign up for free report on MU at:
On Thursday, Jabil Circuit Inc.'s stock ended the session 0.13% lower than the previous day's price of $22.44. The company's shares oscillated between $22.28 and $22.57 before closing the day at $22.41. A total of 1.32 million shares were traded, which is below the daily average volume of 2.09 million. The company's shares have remained flat in the previous three months, underperforming the S&P 500, which has gained 3.92% during the same period. Further, Jabil Circuit Inc.'s stock is trading above its 200-day moving average of $20.49. JBL free technical report can be accessed by signing up at:
JA Solar Holdings Co. Ltd's shares rose on Thursday, tracking gains in the broader market. The company's shares closed at $11.13, up 1.18%, after oscillating between $11.06 and $11.49 during the trading session. A total of 2.79 million shares were traded, which is above the daily average volume of 2.59 million. The company's shares have surged 27.20% in the previous one month and 24.64% in the last three months, outperforming the S&P 500, which has gained 3.22% and 3.92% during the respective periods. Furthermore, JA Solar Holdings Co Ltd.'s stock is trading near its 52-week high of $11.60 and also above its 50-day and 200-day moving averages of $9.15 and $6.84, respectively. A free report on JASO can be accessed by registering at:
IPG Photonics Corp.'s shares closed at $62.41, down 1.02%, after oscillating between $61.92 and $63.72 during Thursday's session. A total of 0.23 million shares were traded, which is below the daily average volume of 0.44 million. Despite Thursday's pullback, the company's shares have gained 10.01% in the previous one month, compared to a gain of 3.22% in the S&P 500 during the same period. Moreover, IPG Photonics Corp.'s stock is trading above its 50-day and 200-day moving averages of $58.71 and $61.18, respectively. Register with AAA Research Reports and download research on IPGP for free at:
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SOURCE AAA Research Reports
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