Internet Software and Services Stocks Technical Review -- Research on AOL Inc., OpenTable, Akamai Technologies, and 58.com Editor Note: For more information about this release, please scroll to bottom
LONDON, July 2, 2014 /PRNewswire/ --
On Tuesday, July 01, 2014, the NASDAQ Composite ended at 4,458.65, up 1.14%, the Dow Jones Industrial Average advanced 0.77%, to finish the day at 16,956.07, and the S&P 500 closed at 1,973.32, up 0.67%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 639.21, up 1.07%, with the index also advancing 5.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: AOL Inc. (NYSE: AOL), OpenTable Inc. (NASDAQ: OPEN), Akamai Technologies Inc. (NASDAQ: AKAM) and 58.com Inc. (NYSE: WUBA). Free technical research on AOL, OPEN, AKAM and WUBA can be downloaded upon signing up at:
On Tuesday, shares in AOL Inc. recorded a trading volume of 1.61 million shares, higher than its three months average volume of 1.54 million shares. The stock ended the day at $40.64, which was 2.14% above its previous day's closing of $39.79, and registered an intraday range of $39.65 and $40.86. Shares of the company traded at a PE ratio of 23.30. AOL Inc.'s shares have gained 5.07% in the previous three trading sessions and 12.02% in the last one month. However, the stock has lost 12.83% since the start of this year. The company's stock is trading above its 50-day moving average of $38.46. Furthermore, shares of the company have a Relative Strength Index (RSI) of 65.59. Sign up today to read free research on AOL at:
OpenTable Inc.'s stock finished the Tuesday's session 0.29% lower at $103.30. A total of 0.59 million shares were traded, which was below its three months average volume of 0.91 million shares. The stock moved between $103.22 and $104.00 during the session. Over the last one month and the previous three months, OpenTable Inc.'s shares have surged 52.47% and 33.19%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 30.15%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $76.90 is greater than its 50-day moving average of $76.49. OpenTable Inc.'s stock traded at a PE ratio of 73.29 and has an RSI of 80.97. Sign up today to read free research on OPEN at:
On Tuesday, shares in Akamai Technologies Inc. traded between $61.06 and $61.77 before ending the session 0.93% higher at $61.63. Akamai Technologies Inc.'s stock reported a trading volume of 1.46 million shares, below its three months average volume of 2.18 million shares. Shares of the company traded at a PE ratio of 37.46. Akamai Technologies Inc.'s shares have advanced 13.42% in the last one month, 3.37% in the previous three months and 30.63% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $55.81 and $52.58, respectively. Moreover, shares of the company have an RSI of 70.01. Sign up today to read free research on AKAM at:
58.com Inc.'s stock declined 1.70%, to close the day at $53.14. The stock recorded a trading volume of 2.50 million shares, above its three months average volume of 1.38 million shares. The stock oscillated between $51.90 and $54.93 during the session. Over the last one month and over the past three months, 58.com Inc.'s shares have surged 32.19% and 13.55%, respectively. Additionally, the stock has advanced 38.60% since the start of this year. The stock is trading above its 50-day moving average of $42.24. Additionally, the stock has an RSI of 72.51. Sign up today to read free research on WUBA at:
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