LONDON, July 17, 2014 /PRNewswire/ --
On Wednesday, July 16, 2014, the NASDAQ Composite ended at 4,425.97, up 0.22%, the Dow Jones Industrial Average finished the day 0.45% higher at 17,138.20, and the S&P 500 closed at 1,981.57, up 0.42%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 650.00, up 0.96%, with the index also advancing 10.18% in the previous three months. Investor-Edge has initiated coverage on the following equities: LinkedIn Corporation (NYSE: LNKD), Zillow Inc. (NASDAQ: Z), King Digital Entertainment PLC (NYSE: KING), Vringo Inc. (NASDAQ: VRNG), and Fidelity National Information Services Inc. (NYSE: FIS). Free research on these five companies can be accessed at:
LinkedIn Corp.'s stock finished the Wednesday's session 0.53% lower at $157.67. A total of 0.96 million shares were traded, which was much below its three months average volume of 2.56 million shares. The stock moved between $157.33 and $160.00 during the session. Although, LinkedIn Corp.'s shares have advanced 0.70% in the last three trading sessions, it has declined 5.89% in the past one month and 27.28% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $196.95 is greater than its 50-day moving average of $159.19. LinkedIn Corp.'s stock has a Relative Strength Index (RSI) of 43.10. Sign up and read the free notes on LNKD at:
On Wednesday, shares in Zillow Inc. fluctuated between $129.04 and $132.00 before ending the session 0.22% higher at $129.32. Zillow Inc.'s stock reported a trading volume of 0.72 million shares, much below its three months average volume of 1.91 million shares. Over the last three months and since the start of this year, Zillow Inc.'s shares have surged 37.52% and 58.23%, respectively. However, the stock has lost 1.42% in the previous three trading sessions. The stock is trading above its 50-day and 200-day moving averages of $121.40 and $93.72, respectively. Moreover, shares of the company have an RSI of 48.50. The complimentary notes on Z can be downloaded as in PDF format at:
King Digital Entertainment PLC's stock edged 0.25% lower, to close the day at $19.83. The stock recorded a trading volume of 0.55 million shares, much below its three months average volume of 1.37 million shares. The stock oscillated between $19.75 and $20.16 during the session. King Digital Entertainment PLC's shares have gained 16.99% in the last one month and 9.98% in the previous three months. The stock is trading above its 50-day moving average of $17.71. Additionally, the stock traded at a PE ratio of 11.33 and has an RSI of 55.33. Register for free on Investor-Edge and access the latest research on KING at:
On Wednesday, shares in Vringo Inc. recorded a trading volume of 1.18 million shares, lower than its three months average volume of 2.22 million shares. The stock ended the day at $3.23, which was 2.71% below its previous day's closing of $3.32, and registered an intraday range of $3.22 and $3.37. Vringo Inc.'s shares have lost 7.71% in the previous three trading sessions and 11.02% in the last one month. However, the stock has gained 9.12% since the start of this year. The company's stock is trading below its 50-day and 200-day moving averages of $3.35 and $3.39, respectively. Furthermore, shares of the company have an RSI of 43.99. The complete research on VRNG is available for free at:
Fidelity National Information Services Inc.'s stock finished the Wednesday's session 0.44% higher at $56.77. A total of 2.12 million shares were traded, which was above its three months average volume of 1.17 million shares. The stock moved between $56.39 and $56.86 during the session. Over the last one month and the previous three months, Fidelity National Information Services Inc.'s shares have gained 5.80% and 8.13%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 5.76%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $54.40 is greater than its 200-day moving average of $52.19. Fidelity National Information Services Inc.'s stock traded at a PE ratio of 23.95 and has an RSI of 70.82. Free in depth research on FIS is available at:
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