Scanning Equities that Reached New Highs -- Research on Garmin, Sealed Air, NextEra Energy, and Fiserv Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 1, 2014 /PRNewswire/ --
On Wednesday, April 30, 2014, the NASDAQ Composite ended at 4,114.56, up 0.27%, the Dow Jones Industrial Average advanced 0.27%, to finish the day at 16,580.84, and the S&P 500 closed at 1,883.95, up 0.30%. The gains were broad based as nine out of ten sectors ended the session in positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Garmin Ltd (NASDAQ: GRMN), Sealed Air Corporation (NYSE: SEE), NextEra Energy Inc. (NYSE: NEE) and Fiserv Inc. (NASDAQ: FISV). Free technical research on GRMN, SEE, NEE and FISV can be downloaded upon signing up at:
On Wednesday, Garmin Ltd's stock oscillated between $56.76 and $59.57, hitting a new 52-week high of $59.57. Shares in the company gained 3.65 % higher to end the session at $57.10. The company's stock reported a trading volume of 4.27 million shares, above its three months average volume of 1.45 million shares. Shares of the company traded at a PE ratio of 18.75. Garmin Ltd's shares have gained 5.27 % in the previous three trading sessions, 3.33% in the last one month, and 23.62% on YTD basis. The S&P 500 Consumer Discretionary Sector Index registered a gain of 0.44% during the session and the index has advanced 1.53% in the previous three months. Garmin Ltd's stock is trading above its 50-day and 200-day moving averages of $54.42 and $46.96, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 49.90. Sign up today to read free research on GRMN at:
Shares in Sealed Air Corp. surged 5.28% on Wednesday, finishing the day at $34.31, hitting a new 52-week high of $37.20. The stock recorded a trading volume of 5.14 million shares, much above its three months average volume of 1.80 million shares. The stock fluctuated between $33.55 and $37.20 during the trading session. Over the last three trading sessions and past one month, Sealed Air Corp.'s shares have gained 5.50% and 4.38%, respectively. Further, the stock has advanced 0.76% since the start of this year. The S&P 500 Materials Sector Index recorded a gain of 0.79% during the session and the index has gained 0.69% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Sealed Air Corp.'s 50-day moving average of $32.62 is above its 200-day moving average of $30.83. Additionally, the stock traded at a PE ratio of 26.21 and has an RSI of 52.06. On the same day, Sealed Air Corp. announced its Q1 FY 2014 financial results (period ended March 31, 2014). For Q1 FY 2014, the company reported net earnings of $72 million, or $0.33 per diluted share. Sign up today to read free research on SEE at:
On Wednesday, shares in NextEra Energy Inc. advanced 1.92 %, closing the day at $99.85, after hitting a new 52-week high of $101.50. The stock recorded a trading volume of 4.39 million shares, above its three month average volume of 2.06 million shares. Shares of the company traded at a PE ratio of 19.97. NextEra Energy Inc.'s shares have gained 2.23% in the previous three trading sessions, 4.42% in the last one month, and 16.62% on YTD basis. The S&P 500 Utilities Sector Index advanced 0.16% during the session and the index has gained 10.42% in the previous three months. NextEra Energy Inc.'s stock is trading above its 50-day and 200-day moving averages of $94.11 and $87.00, respectively. Furthermore, shares of the company have an RSI of 62.78. Sign up today to read free research on NEE at:
Fiserv Inc.'s stock ended the day at $60.78, up 5.70%, hitting a new 52-week high of $60.81. A total of 3.98 million shares were traded, which was above its three months average volume of 1.33 million shares. The stock vacillated between $57.00 and $60.81 during the session. Over the last one month and the previous three months, Fiserv Inc.'s shares have gained 7.21% and 8.44%, respectively. Moreover, since the beginning of the year, the company's stock has advanced 2.93%. The S&P 500 Information Technology Sector Index mapped a gain of 0.30% during the session, while the index has advanced 0.21% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $57.26 is greater than its 200-day moving average of $53.86. Fiserv Inc.'s stock traded at a PE ratio of 23.25 and has an RSI of 54.65. On April 29, 2014, Fiserv Inc. announced its Q1 FY 2014 financial results (period ended March 31, 2014). For Q1 FY 2014, the company reported GAAP net earnings of 168 million, or $ 0.65 per diluted share. Sign up today to read free research on FISV at:
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