LONDON, April 22, 2014 /PRNewswire/ --
On Monday, April 21, 2014, the NASDAQ Composite ended at 4,121.55, up 0.64%, the Dow Jones Industrial Average advanced 0.25% to 16,449.25, and the S&P 500 closed at 1,871.89, up 0.38%. The gains were broad based as eight out of 10 sectors ended the session in positive. The S&P 500 Telecommunication Services Sector Index finished the day at 157.56, and the same has advanced 6.15% in the last one month. Investor-Edge has initiated coverage on the following equities: tw telecom inc. (NASDAQ: TWTC), 8x8 Inc. (NASDAQ: EGHT), Telefonica Brasil S.A. (NYSE: VIV) and Portugal Telecom SGPS S.A. (NYSE: PT). Free technical research on TWTC, EGHT, VIV and PT can be downloaded upon signing up at:
tw telecom inc.'s stock gained 1.03% on Monday, closing at $30.44, after oscillating between $30.05 and $30.62. A total of 0.55 million shares were traded, which was below its three months average volume of 0.70 million shares. Over the last three trading sessions and previous three months, tw telecom inc.'s shares have advanced 2.49% and 0.23%, respectively. However, the stock has declined 0.10% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. tw telecom inc.'s 50-day moving average of $30.43 is above its 200-day moving average of $29.89. Furthermore, the company's stock is trading at a PE ratio of 72.48 and has a Relative Strength Index (RSI) of 45.77. Sign up today to read free research on TWTC at:
Shares in 8x8 Inc. witnessed a trading volume of 0.28 million shares on Monday, as compared with its three months average volume of 1.05 million shares. The stock ended the day flat at $10.71, after trading between $10.53 and $10.81. Over the last one month and past three months, 8x8 Inc.'s shares have lost 3.34% and 5.22%, respectively. However, the stock has gained 5.52% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. 8x8 Inc.'s 50-day moving average of $10.53 is above its 200-day moving average of $10.08. Additionally, the company's shares are trading at a PE ratio of 170.78 and have an RSI of 51.14. Sign up today to read free research on EGHT at:
On Monday, Telefonica Brasil S.A.'s stock finished the session at 20.45, which was 1.92% lower than the previous day's closing price of $20.85. The stock recorded a trading volume of 1.48 million shares as compared to its three months average volume of 2.33 million shares. The stock fluctuated between $20.43 and $21.03 during the session. Over the last one month and since the start of this year, Telefonica Brasil S.A.'s shares have advanced 3.07% and 6.40%, respectively. The stock is trading above its 50-day and 200-day moving averages. Telefonica Brasil S.A.'s 200-day moving average of $20.37 is above its 50-day moving average of $19.53. Moreover, the company's shares have RSI of 60.04. Sign up today to read free research on VIV at:
Shares in Portugal Telecom SGPS S.A. recorded a trading volume of 1.81 million shares, which was above its three months average volume of 0.39 million shares. The stock ended Monday's session at $4.29, up 0.70%, and registered an intraday trading range of $4.21 and $4.30. Over the last one month, shares in Portugal Telecom SGPS S.A. have gone up 1.18%. However, the stock has fallen by 11.18% in the previous three months and 0.69% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Portugal Telecom SGPS S.A.'s 50-day moving average of $4.40 is above its 200-day moving average of $4.32. Further, the company's shares have an RSI of 43.09. Sign up today to read free research on PT at:
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