LONDON, May 19, 2014 /PRNewswire/ --
The markets on Friday, May 16, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,491.31, up 0.27% and the NASDAQ Composite closed at 4,090.59, up 0.52%. The S&P 500 finished the day 0.37% higher at 1,877.86. During the trading session, nine out of ten sectors finished on a higher note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Altria Group Inc. (NYSE: MO), Pepco Holdings Inc. (NYSE: POM), Platform Specialty Products Corp. (NYSE: PAH) and New Jersey Resources Corp. (NYSE: NJR). Free technical research on MO, POM, PAH and NJR can be downloaded upon signing up at:
Altria Group Inc.'s stock ended the day at $40.69, up 1.60%, hitting a new 52-week high of $40.69. A total of 8.20 million shares were traded on Friday, above its three months average volume of 7.67 million shares. The stock moved between $40.01 and $40.69 during the session. Over the previous three trading sessions and in the last one month, Altria Group Inc.'s shares have gained 0.20% and 5.83%, respectively. Moreover, the company's stock has gained an upside of 5.99% since the beginning of the year. The company's shares are trading above their 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $38.22 is greater than its 200-day moving average of $36.63. Altria Group Inc.'s stock traded at a PE ratio of 16.68 and has a Relative Strength Index (RSI) of 69.97. Sign up today to read free research on MO at:
On Friday, Pepco Holdings Inc.'s stock oscillated between $27.59 and $27.76, hitting a new 52-week high of $27.76. The company's shares closed the day 0.29% lower at $27.60. Pepco Holdings Inc.'s stock reported a trading volume of 6.86 million shares, which was above its three months average volume of 4.67 million shares. Shares of the company traded at a PE ratio of 24.21. Pepco Holdings Inc.'s shares have surged 29.33% in the last one month, 33.46% in the previous three months and 44.28% on YTD basis. The S&P 500 Utilities Sector Index mapped a gain of 0.27% during the session, and the index has advanced 4.77% in the last three months. Pepco Holdings Inc.'s stock is trading above its 50-day and 200-day moving averages of $22.42 and $19.97, respectively. Furthermore, shares of the company have an RSI of 86.79. Sign up today to read free research on POM at:
Shares in Platform Specialty Products Corp. surged 6.38% on Friday, finishing the day at $22.35, hitting a new 52-week high of $22.60. The stock recorded a trading volume of 0.78 million shares, above its three months average volume of 0.74 million shares. The stock oscillated between $21.23 and $22.60 during the trading session. Over the last three trading sessions and in the past one month, Platform Specialty Products Corp.'s shares have gained 10.70% and 11.86%, respectively. Additionally, the stock has surged 59.64% since the start of this year. The S&P 500 Materials Sector Index advanced 0.40% during the session, while the index has declined 1.02% in the previous three trading sessions. The company's stock is trading above its 50-day moving average of $20.10. Moreover, the company's shares have an RSI of 72.38. Sign up today to read free research on PAH at:
On Friday, shares in New Jersey Resources Corp. advanced 2.72%, closing the day at $52.48, after hitting a new 52-week high of $52.54. The stock recorded a trading volume of 0.40 million shares, above its three month average volume of 0.22 million shares. Shares of the company traded at a PE ratio of 11.06. New Jersey Resources Corp.'s shares have gained 5.00% in the previous three trading sessions, 7.74% in the last one month and 13.49% on YTD basis. The S&P 500 Utilities Sector Index mapped a gain of 0.27% during the session, and the index has advanced 10.31% on YTD basis. New Jersey Resources Corp.'s stock is trading above its 50-day and 200-day moving averages of $48.78 and $45.74, respectively. Further, shares of the company have an RSI of 74.76. Sign up today to read free research on NJR at:
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