Pre-Market Review: SAIC Inc., Infosys, Microchip Technology, and TW Telecom
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LONDON, July 5, 2013 /PRNewswire/ --
On Wednesday, July 3, 2013, the technology sector ended mostly higher, tracking gains in the broader market. The major movers in the sector included SAIC Inc. (NYSE: SAI), Infosys Ltd. (ADR) (NYSE: INFY), Microchip Technology Inc. (NASDAQ: MCHP), and TW Telecom Inc. (NASDAQ: TWTC). AAAResearchReports.com initiated preliminary technical research on SAI, INFY, MCHP, and TWTC. These free reports are accessible by signing today at:
Shares in SAIC Inc. edged lower on Wednesday even as the broader market posted gains. The company's shares oscillated between $13.67 and $13.86 before finishing the day at $13.84, down 0.65%. A total of 1.75 million shares were traded which is below the daily average volume of 4.07 million. The company's shares are trading at par with their 50-day moving average. However, the stock is still trading above its 200-day moving average. The free technical analysis on SAI is available by signing up at:
Infosys Ltd's shares oscillated between $40.00 and $40.76 before finishing the day 0.07% higher at $40.54. A total of 984,685 shares were traded which is below the daily average volume of 1.63 million. The company's shares are currently trading near their 52-week low of $37.93. In the last one month, the stock has fallen 7.19%. Register now to download free research on INFY at:
Shares in Microchip Technology Inc. edged higher on Wednesday, tracking gains in the broader market. The company's shares oscillated between $37.19 and $37.96 before closing the day 0.93% higher at $37.80. A total of 723,774 shares were traded which is below the daily average volume of 1.90 million. The company's shares are currently trading near their 52-week high of $38.35. The stock is also trading above its 50-day and 200-day moving averages. A free report on MCHP can be accessed by registering at:
TW Telecom Inc.'s stock rose sharply on Wednesday, extending its gains for the week. The company's shares oscillated between $28.34 and $29.09 before ending the day 2.11% higher at $28.99. A total of 1.39 million shares were traded which is slightly above the daily average volume of 1.35 million. TW Telecom's shares are trading near their 52-week high of $29.51. The stock has gained 12.28% in the last three months, thus outperforming the S&P 500 which has gained 3.55% in the same period. Register with AAA Research Reports and download research on TWTC for free at:
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SOURCE AAA Research Reports
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