Top Gainers under the Lens: Arch Coal, Kandi Technologies, MagneGas, and Sky-mobi Editor Note: For more information about this release, please scroll to bottom.
LONDON, March 18, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Monday, March 17, 2014, with the NASDAQ Composite closing at 4,279.95, up 0.81%, the Dow Jones Industrial Average ending the session at 16,247.22, up 1.13% and the S&P 500 edging 0.96% higher to finish the trading session at 1,858.83. The gains were broad based as all the ten sectors ended the session in positive. A number of stocks saw large movements, including Arch Coal Inc. (NYSE: ACI), Kandi Technologies Group Inc. (NASDAQ: KNDI), MagneGas Corporation (NASDAQ: MNGA), and Sky-mobi Ltd (NASDAQ: MOBI), which were amongst the top gainers for the session. Free research on these four companies can be accessed at:
Arch Coal Inc.'s shares edged 4.09% higher, finishing Monday's session at $4.33. The stock fluctuated between $4.17 and $4.43 during the session with a trading volume of 8.66 million shares as compared to a three months average volume of 9.06 million shares. The company's shares have gained 5.10% in the previous three trading sessions and 5.87% in the last one month. Shares in Arch Coal Inc. have fallen by 2.70% on YTD basis. The S&P 500 Energy Sector Index mapped a gain of 0.64% during the trading session and charted up 0.94% in the last one month. Furthermore, the stock is trading at the RSI of 45.57 and above its 50-day and 200-day moving averages of $4.23 and $4.27, respectively. Sign up and read the free notes on ACI at:
Shares in Kandi Technologies Group Inc. closed Monday's session at $21.41, up 23.33%, hitting a new 52-week high of $22.11. A total of 15.05 million shares were traded as compared to a three months average volume of 2.81 million shares. The stock oscillated between $19.01 and $22.11 during the trading session. Kandi Technologies Group Inc.'s shares have surged 19.08% in the previous three trading sessions, 62.27% in the last one month and 81.59% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.71% during the trading session and charted up 1.43% in the last one month. Moreover, the stock is trading at the RSI of 58.67 and above its 50-day and 200-day moving averages of $14.35 and $8.32, respectively. The complimentary notes on KNDI can be downloaded as in PDF format at:
MagneGas Corp.'s stock finished Monday's session at $1.49, recording a 41.90% gain with a trading volume of 18.48 million shares as compared to a three months average volume of 0.66 million shares. The stock vacillated between $1.15 and $1.56 during the session. The company's shares have advanced 79.27% in the previous three trading sessions and 56.83% in the last one month. Shares in MagneGas Corp. have gone up 238.61% on YTD basis. The S&P 500 Industrials Sector Index mapped a gain of 1.29% during the trading session and charted up 0.72% in the last one month. Additionally, the stock is trading at the RSI of 66.95 and above its 50-day and 200-day moving averages of $0.87 and $0.74, respectively. Register for free on Investor-Edge and access the latest research on MNGA at:
On Monday, shares in Sky-mobi Ltd ended the session at $11.13, up 12.42%, hitting a new 52-week high of $12.69. A total of 6.65 million shares were traded as compared to a three months average volume of 0.49 million shares. During the session, the stock traded between $9.99 and $12.69. The company's shares have rallied 145.70% in the last one month and 224.49% in the previous three months. Sky-mobi Ltd's shares traded at a PE ratio of 67.73 and have gone up 199.19% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 1.32% during the trading session and charted up 5.34% in the previous three months. Furthermore, the stock is trading at the RSI of 74.96 and above its 50-day and 200-day moving averages of $5.52 and $4.17, respectively. The complete research on MOBI is available for free at:
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