LONDON, September 3, 2014 /PRNewswire/ --
The US markets on Tuesday, September 02, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 17,067.56, down 0.18% and the NASDAQ Composite closed at 4,598.19, up 0.39%. The S&P 500 finished the session 0.05% lower at 2,002.28. During the trading session, five out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 665.83, up 0.14%, with the index gaining 7.66% in the previous three months. Investor-Edge has initiated coverage on the following equities: eBay Inc. (NASDAQ: EBAY), Rackspace Hosting Inc. (NYSE: RAX), Renren Inc. (NYSE: RENN), SINA Corporation (NASDAQ: SINA), and 21Vianet Group Inc. (NASDAQ: VNET).
Free research on these five companies can be accessed at:
On Tuesday, shares in eBay Inc. fluctuated between $54.69 and $55.59 before ending the session 1.12% lower at $54.88. The stock reported a trading volume of 10.95 million shares, lower than its three months average volume of 11.99 million shares. eBay Inc.'s shares have fallen by 1.86% in the previous three trading sessions, while the stock has advanced 4.47% in the last one month and 8.69% in the past three months. The stock is trading above its 50-day and 200-day moving averages of $52.36 and $53.10, respectively. Moreover, shares of eBay Inc. have a Relative Strength Index (RSI) of 63.49. Sign up and read the free notes on EBAY at:
On Tuesday, Rackspace Hosting Inc.'s stock gained 2.63%, to close the day at $35.51. The stock recorded a trading volume of 3.97 million shares, above its three months average volume of 2.64 million shares. The company's shares oscillated between $34.09 and $35.68 during the session. Over the last three trading sessions and over the past one month, Rackspace Hosting Inc.'s shares have gained 4.32% and 19.36%, respectively. However, the stock has fallen by 9.25% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Rackspace Hosting Inc.'s 200-day moving average of $34.47 is above its 50-day moving average of $32.70. Additionally, the stock traded at a PE ratio of 60.19 and has an RSI of 66.56. The complimentary notes on RAX can be downloaded as in PDF format at:
On Tuesday, shares in Renren Inc. recorded a trading volume of 2.73 million shares, higher than its three months average volume of 0.64 million shares. The stock ended the day at $3.49, which was 4.49% above its previous day's closing of $3.34, and registered an intraday range of $3.34 and $3.65. Renren Inc.'s stock has advanced 2.35% in the previous three trading sessions, 7.38% in the last one month, and 14.43% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $3.27 and $3.31, respectively. Furthermore, shares of Renren Inc. have an RSI of 57.65. Register for free on Investor-Edge and access the latest research on RENN at:
SINA Corp.'s stock fell 1.00% to end Tuesday's session at $45.72. The stock recorded a trading volume of 1.53 million shares, below its three months average volume of 2.08 million shares. The company's shares fluctuated between $45.67 and $46.65 during the session. Shares of the company traded at a PE ratio of 68.22. SINA Corp.'s shares have declined 45.73% since the start of this year. However, the stock has gained 3.51% over the previous three months. The stock is trading below its 50-day and 200-day moving averages. SINA Corp.'s 200-day moving average of $60.62 is above its 50-day moving average of $47.89. Additionally, the stock has an RSI of 41.66. The complete research on SINA is available for free at:
On Tuesday, 21Vianet Group Inc.'s stock finished the session 2.71% higher at $28.05. A total of 2.06 million shares were traded, which was much above its three months average volume of 0.69 million shares. The stock vacillated between $27.42 and $29.27 during the session. Over the last one month and over the previous three months, 21Vianet Group Inc.'s shares have advanced 1.26% and 9.87%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 19.26%. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $28.93 is greater than its 200-day moving average of $25.40. Shares in 21Vianet Group Inc.'s have an RSI of 42.75. Free in depth research on VNET is available at:
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