LONDON, April 20, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Zynga Inc. (NASDAQ: ZNGA), Autodesk Inc. (NASDAQ: ADSK), King Digital Entertainment PLC (NYSE: KING), Cheetah Mobile Inc. (NYSE: CMCM), and PTC Inc. (NASDAQ: PTC). Free research report on Zynga can be accessed at http://get.Investor-Edge.com/pdf/?c=Zynga&d=20-Apr-2015&s=ZNGA. On Friday, April 17, 2015, the NASDAQ Composite ended at 4,931.81, down 1.52%, the Dow Jones Industrial Average declined 1.54%, to finish the day at 17,826.30, and the S&P 500 closed at 2,081.18, down 1.13%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 691.81, down 1.44%, while the index has advanced 2.03% in the previous three months. Register for your complimentary reports at the links given below.
Zynga Inc.'s stock edged 0.41% lower, to close the day at $2.45. The stock recorded a trading volume of 11.06 million shares, much below its three months average volume of 19.00 million shares. The stock oscillated between $2.42 and $2.47 during the session. Over the last three months and since the beginning of this year, Zynga Inc.'s shares have declined 6.13% and 7.89%, respectively. However, the stock has advanced 0.41% in the previous three trading sessions. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $2.69 is above its 50-day moving average of $2.57. Additionally, Zynga Inc. has a Relative Strength Index (RSI) of 40.74. Sign up and read the free notes on ZNGA at:
On Friday, shares in Autodesk Inc. recorded a trading volume of 1.91 million shares, lower than its three months average volume of 2.04 million shares. The stock ended the day at $60.35, which was 2.12% below its previous day's closing of $61.66, and registered an intraday range of 59.68 and $61.12. Shares of the company traded at a PE ratio of 156.17. Although Autodesk Inc.'s shares have lost 2.68% in the previous three trading sessions, it has advanced 6.16% in the last three months and 0.48% on YTD basis. The company is trading above its 200-day moving average of $57.49. Furthermore, shares of Autodesk Inc. have an RSI of 46.96. The complimentary notes on ADSK can be downloaded as in PDF format at:
King Digital Entertainment PLC's stock edged 0.98% lower, to close Friday's session at $17.21, after oscillating between $16.78 and $17.25. The stock recorded a trading volume of 1.17 million shares, below its three months average volume of 2.13 million shares. Over the last one month and the previous three months, King Digital Entertainment PLC's shares have surged 17.15% and 43.52%, respectively. Additionally, the stock has gained 19.14% since the beginning of 2015. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $15.22 is above its 200-day moving average of $14.20. Further, King Digital Entertainment PLC's stock traded at a PE ratio of 9.57 and has an RSI of 75.14. Register for free on Investor-Edge and access the latest research on KING at:
Cheetah Mobile Inc.'s stock finished Friday's session 0.70% lower at $22.80. A total of 1.48 million shares were traded, which was above its three months average volume of 0.86 million shares. The stock moved between $21.63 and $23.15 during the session. Cheetah Mobile Inc.'s shares have surged 25.76% in the last one month and 32.48% in the previous three months. Additionally, the stock has rallied 50.79% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $19.94 is greater than its 50-day moving average of $19.62. Cheetah Mobile Inc.'s has an RSI of 60.96. The complete research on CMCM is available for free at:
On Friday, shares in PTC Inc. fluctuated between $36.35 and $36.92 before ending the session 1.03% lower at $36.84. The stock reported a trading volume of 0.94 million shares, close to its three months average volume of 0.95 million shares. Shares of the company traded at a PE ratio of 23.90. PTC Inc.'s shares have advanced 1.88% in the last one month, 8.13% in the previous three months and 0.52% on YTD basis. The company is trading above its 50-day and 200-day moving averages of $35.16 and $36.65, respectively. Moreover, shares of PTC Inc. have an RSI of 56.28. Free in depth research on PTC is available at:
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