LONDON, April 14, 2014 /PRNewswire/ --
The trading session on Friday, April 11, 2014 ended on a lower note as the S&P 500 finished the session 0.95% lower at 1,815.69 and the NASDAQ Composite closed at 3,999.73, down 1.34%. The Dow Jones Industrial Average finished at 16,026.75, down 0.89%. During the session, all the ten sectors ended in negative. The S&P 500 Information Technology Sector Index closed the day at 575.11, down 1.17%, and the same has declined 1.49% in the last three months. Investor-Edge has initiated coverage on the following equities: Zhone Technologies Inc. (NASDAQ: ZHNE), Knowles Corp. (NYSE: KN), Dot Hill Systems Corp. (NASDAQ: HILL) and Violin Memory Inc. (NYSE: VMEM). Free technical research on ZHNE, KN, HILL and VMEM can be downloaded upon signing up at:
Zhone Technologies Inc.'s stock finished the Friday's session 1.00% lower at $3.98. A total of 0.22 million shares were traded, which is below its three months average volume of 0.64 million shares. The stock traded between $3.91 and $4.11 during the session. Shares of the company traded at a PE ratio of 30.62. Zhone Technologies Inc.'s stocks have plummeted 7.23% in the previous three trading sessions, and 25.47% on YTD basis. The stock is trading above its 200-day moving average. Zhone Technologies Inc.'s 50-day moving average of $4.12 is above its 200-day moving average of $3.75. Moreover, shares of the company have a Relative Strength Index of 43.40. Sign up today to read free research on ZHNE at:
Knowles Corp.'s stock declined 1.72% to close the day at $30.82. The stock recorded a trading volume of 0.51 million shares at the end of the day. The stock oscillated between $30.72 and $31.59 during the trading session. Knowles Corp.'s shares have lost 1.50% in the previous three trading sessions, whereas the same has gained 1.88% in the last one month. Moreover, shares of the Knowles Corp.'s have an RSI of 48.57. Sign up today to read free research on KN at:
On Friday, Shares in Dot Hill Systems Corp. registered a trading volume of 0.43 million shares, as compared with its three months average volume of 1.03 million shares. The stock ended the day at $3.74, down 1.06% and at an intraday range of $3.69 and $3.82. Dot Hill Systems Corp.'s shares have advanced 1.63% in the previous three trading sessions and 10.98% on YTD basis, whereas the same has fallen by 2.60% in the last one month. The stock is trading above its 200-day moving average. Dot Hill Systems Corp.'s 50-day moving average of $4.49 is above its 200-day moving average of $3.25. Furthermore, the shares of the company traded at a PE ratio of 37.40 and have an RSI of 41.25. Sign up today to read free research on HILL at:
Shares in Violin Memory Inc. fluctuated between $3.70 and $3.89 before ending Friday's session 2.63% lower at $3.70. Violin Memory Inc.'s stock reported a trading volume of 0.49 million shares, as compared with its three months average volume of 0.85 million shares. Violin Memory Inc.'s shares have plummeted 7.04% in the previous three trading sessions, 13.35% in the last one month and 6.57% on YTD basis. The stock is trading below its 50-day moving average of $4.19. Additionally, the stock has an RSI of 36.87. Sign up today to read free research on VMEM at:
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