Today's Research on Central European Distribution, Leucadia National, and BRF - Brasil Foods
LONDON, March 27, 2013 /PRNewswire/ --
Markets reversed their last week's trend and made an upward ascent in Tuesday's trading session. The main positive catalyst came in the form of strong and positive housing prices data. However, benchmark index S&P 500 failed to break above its record level. Markets showed across the board optimism including Beverage and Meat products stocks which performed well. Our research team took a look at Consumer goods sector including major companies like Central European Distribution Corp (NASDAQ: CEDC) from the Beverages - Wineries & Distillers industry, and Leucadia National Corp. (NYSE: LUK) and BRF Brasil Foods SA from the Meat Products industry. StockCall professionals have completed their technical analysis on CEDC, LUK, and BRFS and these free reports are accessible by registering at
http://www.stockcall.com/research
Central European Distribution Corp closed its Tuesday's trading session at $0.284, up 13.61 percent from its previous close. The stock shows a bullish trend as it is trading above its short-term and long-term moving average price of $0.28. It currently is in oversold territory with Relative Strength Index of 27.60. It is likely to make upward movements in the coming trading sessions and may face resistance at $0.31. Upon breaching this level, it may go up to $0.33 level. Central European Distribution traded 2.04 million shares during the session, and the stock oscillated in the range of $0.25 and $0.29. The stock has declined 94.73 percent in the past 52 weeks whereas it lost 86.29 percent of its value in 2013. The company traded in the range of $0.24 and $5.77 in the past 52 weeks. Sign up for the free technical research on CEDC at
http://www.StockCall.com/CEDC032713.pdf
Leucadia National Corp. made an upward movement with 1.33 percent gain in its latest session. The company's stock ended at $27.38 and its highest price point for the session stood at $27.42, while it touched its lowest price point at $27.09. In the past 12 months, the stock has gained 1.86 percent while its YTD gain stands at 16.66 percent. Leucadia trades at beta of 1.84, which implies high volatility. It traded 2.04 million shares during yesterday's session, in comparison to its regular daily volume of 2.68 million shares. Leucadia National Corp. has oscillated in the range of $19.58 and $28.34 in the past 52 weeks. The company's market capitalization stands at $6.66 billion. Leucadia National's stock trades at P/E ratio of 7.94, making it an inexpensive stock to own. Sign up and read the complimentary report on LUK at
http://www.StockCall.com/LUK032713.pdf
BRF Brasil Foods SA extended its 52 weeks gains to 8.3 percent by closing its previous trading session 1.31 percent higher. The stock closed at $21.65, with trading volume of 1.48 million shares on Tuesday. Its regular daily trading volume stands at 2.10 million shares. BRF Brasil is up 4.89 percent on a YTD basis. It is currently in a bullish mode and is expected to go up to $21.95 in the coming trading sessions. Its next resistance level is at $22.35. On the downside, it is expected to face its first support level at $21.15. BRF Brasil traded in the range of $13.61 and $23.24 in the past 52 weeks. The company commands market capitalization of $18.89 billion and trades at high P/E ratio of 103.10, making it an expensive stock. The free report on BRFS can be downloaded by signing up now at
http://www.StockCall.com/BRFS032713.pdf
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