LONDON, April 27, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Alibaba Group Holding Ltd (NYSE: BABA), SINA Corporation (NASDAQ: SINA), Bitauto Holdings Ltd (NYSE: BITA), VeriSign Inc. (NASDAQ: VRSN), and GoDaddy Inc. (NYSE: GDDY). Free research report on Alibaba Group Holding can be accessed at http://get.Investor-Edge.com/pdf/?c=Alibaba%20Group%20Holding&d=27-Apr-2015&s=BABA. On Friday, April 24, 2015, the NASDAQ Composite ended at 5,092.09, up 0.71%, the Dow Jones Industrial Average advanced 0.12%, to finish the day at 18,080.14, and the S&P 500 closed at 2,117.69, up 0.23%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 719.94, up 1.00%, with the index also advancing 7.81% in the previous three months. Register for your complimentary reports at the links given below.
Alibaba Group Holding Ltd's stock advanced 2.78%, to close the day at $84.57. The stock recorded a trading volume of 21.06 million shares, above its three months average volume of 17.43 million shares. The stock oscillated between $82.80 and $84.99 during the session. Over the last three trading sessions and over the past one month, Alibaba Group Holding Ltd's shares have gained 2.61% and 0.98%, respectively. However, the stock has lost 18.64% since the start of this year. The company is trading above its 50-day moving average of $84.25. Additionally, Alibaba Group Holding Ltd traded at a PE ratio of 45.48 and has a Relative Strength Index (RSI) of 53.09. Sign up and read the free notes on BABA at:
On Friday, shares in SINA Corp. recorded a trading volume of 1.75 million shares, higher than its three months average volume of 1.16 million shares. The stock ended the day at $38.54, which was 3.19% above its previous day's closing of $37.35, and registered an intraday range of $37.54 and $38.88. Shares of the company traded at a PE ratio of 50.20. SINA Corp.'s shares have advanced 6.43% in the previous three trading sessions, 17.68% in the last one month and 3.02% on YTD basis. The company is trading above its 50-day moving average of $35.51. Furthermore, shares of SINA Corp. have an RSI of 67.34. The complimentary notes on SINA can be downloaded as in PDF format at:
Bitauto Holdings Ltd's stock gained 4.87%, to close Friday's session at $61.63, after oscillating between $58.79 and $62.55. The stock recorded a trading volume of 1.20 million shares, above its three months average volume of 1.03 million shares. Over the previous three trading sessions and the last one month, Bitauto Holdings Ltd's shares have advanced 9.54% and 21.70%, respectively. However, from the beginning of 2015, the stock has lost 12.47%. The company is trading above its 50-day moving average. The stock's 200-day moving average of $68.91 is above its 50-day moving average of $56.83. Further, Bitauto Holdings Ltd's stock traded at a PE ratio of 36.44 and has an RSI of 66.03. Register for free on Investor-Edge and access the latest research on BITA at:
VeriSign Inc.'s stock finished Friday's session 3.97% lower at $65.04. A total of 4.07 million shares were traded, which was much above its three months average volume of 1.18 million shares. The stock moved between $62.62 and $66.63 during the session. VeriSign Inc.'s shares have surged 14.49% in the last three months and 14.11% since the start of this year. However, the stock has lost 0.14% in the last one month. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $65.18 is greater than its 200-day moving average of $58.52. VeriSign Inc.'s stock traded at a PE ratio of 24.99 and has an RSI of 42.94. The complete research on VRSN is available for free at:
On Friday, shares in GoDaddy Inc. fluctuated between $24.90 and $25.66 before ending the session 2.32% higher at $25.63. The stock reported a trading volume of 0.37 million shares during the session. GoDaddy Inc.'s shares have advanced 3.43% in the previous three trading sessions. Moreover, shares of the company have an RSI of 71.71. Free in depth research on GDDY is available at:
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