LONDON, April 23, 2014 /PRNewswire/ --
The trading session on Tuesday, April 22, 2014 ended on a higher note as the S&P 500 finished the session 0.41% higher at 1,879.55 and the NASDAQ Composite closed at 4,161.46, up 0.97%. The Dow Jones Industrial Average finished at 16,514.37, up 0.40%. During the session, the eight out of ten sectors ended in positive. The S&P 500 Financials Sector Index closed the day at 296.36, up 0.69%, and the same has advanced 0.74% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: MBIA Inc. (NYSE: MBI), Cincinnati Financial Corp. (NASDAQ: CINF), ACE Ltd (NYSE: ACE) and Axis Capital Holdings Ltd (NYSE: AXS). Free technical research on MBI, CINF, ACE and AXS can be downloaded upon signing up at:
On Tuesday, MBIA Inc.'s stock fluctuated between $12.08 and $12.48 before ending the session 3.58% higher at $12.45. MBIA Inc.'s stock reported a trading volume of 4.24 million shares as compared to its three months average volume of 2.96 million shares. The company shares have advanced 2.55% in the previous three trading sessions, 5.15% in the last three months, and 4.27% on YTD basis. The stock is trading above its 200-day moving averages of $12.30. Additionally, the stock has a Relative Strength Index (RSI) of 31.18. Sign up today to read free research on MBI at:
Cincinnati Financial Corp.'s stock edged 0.47% higher to close the day at $48.91. The stock recorded a trading volume of 0.64 million shares, much below its three months average volume of 0.73 million shares. Shares of the company traded at a PE ratio of 17.47. The stock oscillated between $48.25 and $48.96 during the trading session. Over the last three trading sessions and past one month, Cincinnati Financial Corp.'s shares have gained 0.20% and 2.07%, respectively. The stock has declined 6.61% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $47.40 and $48.82, respectively. Moreover, shares of the company have an RSI of 58.89. Sign up today to read free research on CINF at:
ACE Ltd's stock finished the Tuesday's session 0.23% higher at $101.04. A total of 1.21 million shares were traded, which below its three months average volume of 1.73 million shares. The stock moved between $100.63 and $101.35 during the session. Over the last one month and previous three months, ACE Ltd's shares have advanced 1.79% and 5.24%, respectively. The company's stock has declined 2.41% on YTD basis. The company shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $97.95 is greater than its 200-day moving average of $95.88. ACE Ltd's stock traded at a PE ratio of 10.82 and has an RSI of 62.85. Sign up today to read free research on ACE at:
On Tuesday, Shares in Axis Capital Holdings Ltd recorded a trading volume of 0.60 million shares, lower than its three months average volume of 0.74 million shares. The stock ended the day at $46.86, which is 1.49% below its previous day's closing, and registered an intraday range of $46.42 and $46.97.Shares of the company traded at PE ratio of 8.66. Axis Capital Holdings Ltd's shares gained 1.63% in the last one month, 1.41% in the previous three months, but the same has declined 1.49% on YTD basis. The company stock is trading above its 50-day and 200-day moving averages of $44.86 and $45.43 respectively. Furthermore, the shares of the company have an RSI of 60.33. Sign up today to read free research on AXS at:
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