LONDON, April 25, 2014 /PRNewswire/ --
On Thursday, April 24, 2014, the NASDAQ Composite ended at 4,148.34, up 0.52%, the Dow Jones Industrial Average finished the day flat at 16,501.65, and the S&P 500 closed at 1,878.61, up 0.17%. The gains were narrow based as four out of the ten sectors ended the session in positive. The S&P 500 Information technology Sector Index ended the day at 594.08, up 1.06%, with the index also advancing 3.21% in the previous three months. Investor-Edge has initiated coverage on the following equities: International Rectifier Corp. (NYSE: IRF), Montage Technology Group Ltd (NASDAQ: MONT), Semtech Corp. (NASDAQ: SMTC) and Cree Inc. (NASDAQ: CREE). Free technical research on IRF, MONT, SMTC and CREE can be downloaded upon signing up at:
On Thursday, shares in International Rectifier Corp. recorded a trading volume of 0.39 million shares, lower than its three months average volume of 0.49 million shares. The stock finished the day at $27.04, which was 0.86% above its previous day's closing of $26.81, and registered an intraday range of $26.51 and $27.27. Shares of the company traded at a PE ratio of 443.66. International Rectifier Corp.'s shares have advanced 2.89% in the previous three trading sessions, 0.82% in the last three months, and 3.72% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $26.69 and $25.23, respectively. Furthermore, shares of the company have an RSI of 52.10 . Sign up today to read free research on IRF at:
Montage Technology Group Ltd's stock traded between $20.16 and $20.62 before ending the session 0.74% higher at $20.52, on Thursday. Montage Technology Group Ltd's stock reported a trading volume of 0.15 million shares, much below its three months average volume of 0.58 million shares. The company's shares have gained 2.14% in the previous three trading sessions, 1.79% in the last one month. Furthermore, the stock has advanced 25.81% on YTD basis. The company's shares are trading above their 50-day moving average of $18.83. Montage Technology Group Ltd's stock has an RSI of 58.21. Sign up today to read free research on MONT at:
Semtech Corp.'s stock edged 0.24% lower to close the day at $25.33. The stock recorded a trading volume of 0.43 million shares, which is below its three months average volume of 0.66 million shares. The stock oscillated between $24.92 and $25.55 during the session. Over the previous three trading sessions and the last three months, the company's shares have surged 2.55% and 9.09%, respectively. Additionally, from the beginning of 2014, the company's stock has gained 0.20%. The stock is trading above its 50-day moving average. Semtech Corp.'s 200-day moving average of 28.11 is above its 50-day moving average of $25.11. Additionally, the stock traded at PE ratio of 158.04 and has an RSI of 53.24. Sign up today to read free research on SMTC at:
Cree Inc.'s stock finished the Thursday's session 1.98% lower at $50.03. A total of 5.47 million shares were traded, which was below its three months average volume of 2.11 million shares. The stock moved between $49.81 and $51.62 during the session. Over the last one month and previous three months, Cree Inc.'s shares have plummeted 16.20% and 18.81%, respectively. Shares of the company traded at a PE ratio of 47.84. Further, the stock has declined 19.98% since the start of this year. The stock is trading below its 50-day and 200-day moving averages of $58.82 and $61.54, respectively. Moreover, shares of the company have an RSI of 32.62. Sign up today to read free research on CREE at:
=============== EDITOR'S NOTES: ===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.