LONDON, June 17, 2014 /PRNewswire/ --
On Monday, June 16, 2014, the NASDAQ Composite ended at 4,321.11, up 0.24%, the Dow Jones Industrial Average finished the session at 16,781.01, up 0.03% and the S&P 500 closed at 1,937.78, up 0.08%. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 625.45, up 0.03%, and the index has gained 7.06% in the previous three months. Investor-Edge has initiated coverage on the following equities: Marvell Technology Group Ltd (NASDAQ: MRVL), Taiwan Semiconductor Manufacturing Co. Ltd (NYSE: TSM), TriQuint Semiconductor Inc. (NASDAQ: TQNT) and ANADIGICS Inc. (NASDAQ: ANAD). Free technical research on MRVL, TSM, TQNT and ANAD can be downloaded upon signing up at:
http://www.investor-edge.com/3857-register
Shares in Marvell Technology Group Ltd fluctuated between $14.52 and $14.95 before ending Monday's session 2.01% lower at $14.59. The company's stock reported a trading volume of 6.27 million shares, which was above its three months average volume of 4.78 million shares. Over the previous three trading sessions and in the last one month, Marvell Technology Group Ltd's stock has fallen by 3.70% and 4.83%, respectively. However, the company's stock has advanced 1.46% on YTD basis. Marvell Technology Group Ltd's stock is trading below its 50-day moving average. The stock's 50-day moving average of $15.54 is above its 200-day moving average of $14.24. Moreover, Marvell Technology Group Ltd's stock traded at a PE ratio of 19.58 and has a Relative Strength Index (RSI) of 39.76. Sign up today to read free research on MRVL at:
http://www.investor-edge.com/3857-MRVL-17Jun2014.pdf
On Monday, shares in Taiwan Semiconductor Manufacturing Co. Ltd edged 0.57% higher, closing the day at $21.21. The stock recorded a trading volume of 4.51 million shares, much below its three months average volume of 11.19 million shares. The company's stock oscillated between $21.07 and $21.22 during the session. Taiwan Semiconductor Manufacturing Co. Ltd's stock has gained 0.38% in the previous three trading sessions and 2.12% in the last one month. Moreover, the company's stock has surged 21.62% since the start of this year. Taiwan Semiconductor Manufacturing Co. Ltd's shares are trading above their 50-day and 200-day moving averages of $20.48 and $18.45, respectively. Furthermore, the company's stock has an RSI of 58.30. Sign up today to read free research on TSM at:
http://www.investor-edge.com/3857-TSM-17Jun2014.pdf
Shares in TriQuint Semiconductor Inc. declined 0.55% on Monday, closing the session at $16.41. A total of 1.84 million shares were traded, below its three months average volume of 3.55 million shares. The stock moved between $16.33 and $16.51 during the session. The company's stock traded at a PE ratio of 633.59. Shares in TriQuint Semiconductor Inc. have advanced 0.06% in the previous three trading sessions and 12.47% in the last one month. Additionally, the company's shares have surged 96.76% from the beginning of 2014. The company's stock is trading above its 50-day and 200-day moving averages of $14.60 and $10.42, respectively. Further, the company's shares have an RSI of 68.21. Sign up today to read free research on TQNT at:
http://www.investor-edge.com/3857-TQNT-17Jun2014.pdf
On Monday, ANADIGICS Inc.'s stock recorded a trading volume of 0.55 million shares, which was below its three months average volume of 0.90 million shares. The stock finished the day at $1.17, which was 4.10% lower its previous day's closing of $1.22, and registered an intraday range of $1.16 and $1.25. Shares in ANADIGICS Inc. have advanced 3.54% in the last one month, while the company's shares have lost 0.85% in the previous three trading sessions and 36.41% on YTD basis. Shares in ANADIGICS Inc. are trading below their 50-day and 200-day moving averages of $1.27 and $1.75, respectively. Additionally, the company's stock has an RSI of 50.76. Sign up today to read free research on ANAD at:
http://www.investor-edge.com/3857-ANAD-17Jun2014.pdf
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