LONDON, April 28, 2014 /PRNewswire/ --
The trading session on Friday, April 25, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,361.46, down 0.85% and the NASDAQ Composite closed at 4,075.56, down 1.75%. The S&P 500 ended the day 0.81% lower at 1,863.40. The losses were broad based as eight out of ten sectors finished on a lower note. The S&P 500 Information Technology Sector Index ended the day 1.37% lower at 585.95, while the index has gained 3.52% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cornerstone OnDemand Inc. (NASDAQ: CSOD), Marketo Inc. (NASDAQ: MKTO), United Online Inc. (NASDAQ: UNTD) and Brightcove Inc. (NASDAQ: BCOV). Free technical research on CSOD, MKTO, UNTD and BCOV can be downloaded upon signing up at:
Shares of Cornerstone OnDemand Inc. finished Friday's session 2.98% lower at $35.84. A total of 1.59 million shares were traded, which was above its three months average volume of 0.94 million shares. The stock moved between $35.12 and $36.94 during the session. Over the previous three trading sessions and in the last one month, Cornerstone OnDemand Inc.'s shares have declined 10.47% and 22.52%, respectively. Additionally, the company's stock has lost of 32.77% from the beginning of 2014. The company's shares are trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $50.44 is below its 200-day moving average of $50.80. Furthermore, shares of the company have a Relative Strength Index (RSI) of 26.84. Sign up today to read free research on CSOD at:
Marketo Inc.'s stock fluctuated between $25.68 and $30.84 before ending the session 8.07% lower at $26.44. The company's stock reported a trading volume of 2.07 million shares on Friday, which was above its three months average volume of 0.77 million shares. Marketo Inc.'s shares have fallen by 16.46% in the previous three trading sessions, 20.36% in the last one month and 28.68% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $35.39 and $34.73, respectively. Additionally, Marketo Inc.'s stock has an RSI of 26.79. Sign up today to read free research on MKTO at:
Shares of United Online Inc. lost 4.58% on Friday, to close the day at $11.45. The stock recorded a trading volume of 0.28 million shares, below its three months average volume of 0.56 million shares. The stock oscillated between $11.40 and $12.06 during the session. Over the last three trading sessions and since the start of this year, United Online Inc.'s shares have fallen by 6.76% and 16.79%, respectively. However, the stock has advanced 0.97% in the past one month. The company's shares are trading above its 50-day moving average. United Online Inc.'s 200-day moving average of $12.03 is above its 50-day moving average of $11.40. Furthermore, the stock traded at a PE ratio of 29.86 and has an RSI of 48.73. Sign up today to read free research on UNTD at:
On Friday, shares of Brightcove Inc. recorded a trading volume of 0.43 million shares, above its three months average volume of 0.42 million shares. The stock ended the day at $7.96, which was 6.35% lower than its previous day's closing price of $8.50, and registered an intraday range of $7.92 and $8.41. Brightcove Inc.'s stock has lost 18.86% in the last one month and 29.43% over the previous three months. Additionally, the stock has declined 43.71% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $9.67 and $11.43, respectively. Further, shares of the company have an RSI of 32.96. Sign up today to read free research on BCOV at:
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