Expert Briefing on Semiconductors Stocks -- Trina Solar, Yingli Green Energy Holding, Himax Technologies, Altera, and Linear Technology Editor Note: For more information about this release, please scroll to bottom
LONDON, August 29, 2014 /PRNewswire/ --
On Thursday, August 28, 2014, the NASDAQ Composite ended at 4,557.70, down 0.26%, the Dow Jones Industrial Average finished the day 0.25% lower at 17,079.57, and the S&P 500 closed at 1,996.74, down 0.17%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 661.94, down 0.22%, while the index has advanced 0.91% in the last one month. Investor-Edge has initiated coverage on the following equities: Trina Solar Ltd (NYSE: TSL), Yingli Green Energy Holding Company Ltd (NYSE: YGE), Himax Technologies Inc. (NASDAQ: HIMX), Altera Corporation (NASDAQ: ALTR), and Linear Technology Corporation (NASDAQ: LLTC). Free research on these five companies can be accessed at:
On Thursday, Trina Solar Ltd's stock recorded a trading volume of 2.80 million shares, lower than its three months average volume of 4.50 million shares. The stock finished the day at $12.58, up 0.80%, and registered an intraday range of $12.22 and $12.75. Trina Solar Ltd's shares have surged 10.35% in the last one month. However, the stock has lost 4.98% in the past three months and 7.97% on YTD basis. Furthermore, the company's stock is trading above its 50-day moving average. The stock's 200-day moving average of $13.39 is above its 50-day moving average of $11.97. Additionally, shares of Trina Solar Ltd traded at a PE ratio of 13.98 and have a Relative Strength Index (RSI) of 53.84. Sign up and read the free notes on TSL at:
Shares in Yingli Green Energy Holding Co. Ltd fell by 1.48%, to close Thursday's session at $3.33, after oscillating between $3.25 and $3.40. The stock recorded a trading volume of 3.11 million shares, below its three months average volume of 4.35 million shares. Over the last one month and past three months, shares of Yingli Green Energy Holding Co. Ltd have declined 2.06% and 2.35%, respectively. Also, from the beginning of 2014, the stock has plummeted 34.06%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $4.56 is above its 50-day moving average of $3.50. Further, Yingli Green Energy Holding Co.'s stock has an RSI of 45.52. The complimentary notes on YGE can be downloaded as in PDF format at:
On Thursday, shares in Himax Technologies Inc. finished the session 0.86% higher at $8.19. A total of 3.14 million shares were traded, which was below its three months average volume of 5.45 million shares. The stock moved between $7.99 and $8.34 during the session. Over the last one month and past three months, Himax Technologies Inc.'s shares have rallied 38.58% and 18.52%, respectively. However, the stock has lost 44.32% since the start of this year. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $10.08 is greater than its 50-day moving average of $6.80. Shares of Himax Technologies Inc. traded at a PE ratio of 20.58 and have an RSI of 68.83. Register for free on Investor-Edge and access the latest research on HIMX at:
Altera Corp.'s stock fluctuated between $34.57 and $35.15 before ending Thursday's session up 0.80%, at $35.14. The stock reported a trading volume of 2.18 million shares, below its three months average volume of 2.33 million shares. Further, Altera Corp.'s shares have gained 6.42% over the last one month and 5.68% over the past three months. Also, the stock has surged 8.09% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $34.30 is greater than its 200-day moving average of $33.73. Moreover, shares of Altera Corp. traded at a PE ratio of 24.07 and have an RSI of 63.57. The complete research on ALTR is available for free at:
Linear Technology Corp.'s stock advanced 0.65%, to close Thursday's session at $45.03, after vacillating between $44.46 and $45.12. The stock recorded a trading volume of 1.00 million shares, below its three months average volume of 1.60 million shares. Over the last one month, Linear Technology Corp.'s shares have gone up 1.69%. However, over the past three months and from the beginning of 2014, the stock has fallen by 2.19% and 1.14%, respectively. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $45.88 is above its 200-day moving average of $45.59. Further, Linear Technology Corp.'s stock traded at a PE ratio of 23.70 and has an RSI of 45.95. Free in depth research on LLTC is available at:
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