LONDON, May 30, 2014 /PRNewswire/ --
On Thursday, May 29, 2014, the NASDAQ Composite ended at 4,247.95, up 0.54%, the Dow Jones Industrial Average advanced 0.39%, to finish the day at 16,698.74, and the S&P 500 closed at 1,920.03, up 0.54%. The gains were broad based as nine out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 618.00, up 0.66%, with the index also advancing 3.85% in the previous three months. Investor-Edge has initiated coverage on the following equities: VeriSign Inc. (NASDAQ: VRSN), AOL Inc. (NYSE: AOL), Akamai Technologies Inc. (NASDAQ: AKAM) and Conversant Inc. (NASDAQ: CNVR). Free technical research on VRSN, AOL, AKAM and CNVR can be downloaded upon signing up at:
http://www.investor-edge.com/3220-register
VeriSign Inc.'s stock finished the Thursday's session 0.66% higher at $50.34. A total of 1.31 million shares were traded, which was below its three months average volume of 1.69 million shares. The stock moved between $50.01 and $50.59 during the session. Over the previous three trading sessions and over the last one month, VeriSign Inc.'s shares have gained 0.84% and 7.02%, respectively. However, from the beginning of 2014, the company's stock has declined 15.79%. The company's shares are trading above their 50-day moving average of $50.06, while the 50-day moving average is below VeriSign Inc.'s 200-day moving average of $53.46. VeriSign Inc.'s stock traded at a PE ratio of 13.71 and has a Relative Strength Index (RSI) of 57.33. Sign up today to read free research on VRSN at:
http://www.investor-edge.com/3220-VRSN-30May2014.pdf
On Thursday, AOL Inc.'s stock fluctuated between $35.82 and $36.68 before ending the session 0.58% lower at $36.18. AOL Inc.'s stock reported a trading volume of 1.14 million shares, below its three months average volume of 1.64 million shares. Shares of the company traded at a PE ratio of 20.75. AOL Inc.'s shares have declined 2.53% in the previous three trading sessions, 15.47% in the last one month and 22.39% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $41.13 and $40.98, respectively. Moreover, shares of the company have an RSI of 38.11. Sign up today to read free research on AOL at:
http://www.investor-edge.com/3220-AOL-30May2014.pdf
Akamai Technologies Inc.'s stock edged 0.77% higher, to close the day at $54.77. The stock recorded a trading volume of 2.01 million shares, below its three months average volume of 2.39 million shares. The stock oscillated between $54.04 and $54.92 during the session. Over the last three trading sessions and over the past one month, Akamai Technologies Inc.'s shares have gained 2.09% and 4.36%, respectively. Further, the stock has advanced 16.09% since the start of this year. The stock is trading above its 200-day moving average of $51.26, while the 200-day moving average is below Akamai Technologies Inc.'s 50-day moving average of $54.91. Additionally, the stock traded at a PE ratio of 35.36 and has an RSI of 52.99. Sign up today to read free research on AKAM at:
http://www.investor-edge.com/3220-AKAM-30May2014.pdf
On Thursday, shares in Conversant Inc. recorded a trading volume of 0.82 million shares, lower than its three months average volume of 0.90 million shares. The stock ended the day at $23.86, which was 1.27% above its previous day's closing of $23.56, and registered an intraday range of $23.65 and $24.24. Shares of the company traded at a PE ratio of 16.24. Conversant Inc.'s shares have declined 3.13% in the previous three trading sessions and 1.93% in the last one month. However, the stock has advanced 2.10% since start of this year. The company's stock is trading above its 200-day moving average of $22.80. Furthermore, shares of the company have an RSI of 38.55. Sign up today to read free research on CNVR at:
http://www.investor-edge.com/3220-CNVR-30May2014.pdf
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