Morning Coverage of Equities Reaching New Highs -- Research on AerCap Holdings, Impax Laboratories, FelCor Lodging Trust, and Novartis Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 5, 2014 /PRNewswire/ --
The markets on Friday, May 02, 2014 ended on a lower note as the Dow Jones Industrial Average finished the day at 16,512.89, down 0.28%, and the NASDAQ Composite closed at 4,123.90, down 0.09%. The S&P 500 finished the session 0.13% lower at 1,881.14. The losses were broad based as six out of ten sectors finished negative. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include AerCap Holdings N.V. (NYSE: AER), Impax Laboratories Inc. (NASDAQ: IPXL), FelCor Lodging Trust Inc. (NYSE: FCH) and Novartis AG (NYSE: NVS). Free technical research on AER, IPXL, FCH and NVS can be downloaded upon signing up at:
Shares in AerCap Holdings N.V. advanced 2.53% on Friday, finishing the day at $43.83, hitting a new 52-week high of $44.07. The stock recorded a trading volume of 2.08 million shares, above to its three months average volume of 1.04 million shares. The stock fluctuated between $42.67 and $44.07 during the trading session. Over the last one month and previous three months, AerCap Holdings N.V.'s shares have gained 7.53% and 13.67%, respectively. Additionally, the stock has advanced 14.29% since the start of this year. The S&P 500 Industrials Sector Index mapped a loss of 0.08% during the session, and the index has advanced 7.86% in the last three months. The stock is trading above its 50-day and 200-day moving averages. Additionally, AerCap Holdings N.V.'s 50-day moving average of $41.01 is above its 200-day moving average of $28.86. Additionally, the stock has a Relative Strength Index (RSI) of 67.81. Sign up today to read free research on AER at:
On Friday, Impax Laboratories Inc.'s stock oscillated between $26.66 and $29.46, hitting a new 52-week high of $29.46.The company closed the day 1.62% higher at $27.00. The company's stock reported a trading volume of 1.86 million shares, above its three months average volume of 0.75 million shares. Shares of the company traded at a PE ratio of 37.07. Impax Laboratories Inc.'s shares have surged 14.41% in the last one month, 19.68% in the previous three months and 7.40% on YTD basis. The S&P 500 Health Care Sector Index registered a loss of 0.77% during the session, while the index has gained 4.97% in the previous three months. Impax Laboratories Inc.'s stock is trading above its 50-day and 200-day moving averages of $25.95 and $23.07, respectively. Further, shares of the company have a RSI of 60.43. Sign up today to read free research on IPXL at:
Shares in FelCor Lodging Trust Inc. ended the day at $9.59, up 3.23%, hitting a new 52-week high of $9.79. A total of 1.36 million shares were traded, which was above its three months average volume of 0.80 million shares. The stock moved between $9.29 and $9.79 during the session. Over the last one month and the previous three months, FelCor Lodging Trust Inc.'s shares have surged 5.38% and 21.55%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 17.52%. The S&P 500 Financials Sector Index ended flat, during the session, and the index has gained 6.22% in the previous three months. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $9.01 is greater than its 200-day moving average of $7.42. FelCor Lodging Trust Inc.'s stock has an RSI of 64.20. Sign up today to read free research on FCH at:
On Friday, Novartis AG's stock edged 0.41% higher, finishing the day at $87.36, after hitting a new 52-week high of $87.75. The stock recorded a trading volume of 1.30 million shares, lower than its three month average volume of 1.81 million shares. Novartis AG's shares have advanced 5.88% in the last one month, 11.71% in the previous three months and 8.68% on YTD basis. The S&P 500 Health Care Sector Index reported a loss of 0.77% during the session, while the index has advanced 4.97% in the last three months. Novartis AG's stock is trading above its 50-day and 200-day moving averages of $83.49 and $78.67, respectively. Furthermore, shares of the company have an RSI of 65.89. Sign up today to read free research on NVS at:
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