LONDON, May 1, 2014 /PRNewswire/ --
The trading session on Wednesday, April 30, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,580.84, up 0.27% and the NASDAQ Composite closed at 4,114.56, up 0.27%. The S&P 500 finished the day 0.30% higher at 1,883.95. The S&P 500 Information Technology Sector Index ended the day at 597.59, up 0.30%, and the index has gained 4.78% in the previous three months. Investor-Edge has initiated coverage on the following equities: Nuance Communications Inc (NASDAQ: NUAN), Adobe Systems Inc. (NASDAQ: ADBE), ANSYS Inc. (NASDAQ: ANSS) and SAP AG (NYSE: SAP). Free technical research on NUAN, ADBE, ANSS and SAP can be downloaded upon signing up at:
Shares in Nuance Communications Inc. finished Wednesday's session 0.19% higher at $16.09. A total of 3.05 million shares were traded, below its three months average volume of 4.26 million shares. The stock moved between $15.99 and $16.19 during the session. Shares in Nuance Communications Inc. have lost 1.29% in the previous three trading sessions and 6.29% in the last one month. However, the company's shares have gained 5.86% from the beginning of 2014. The company's shares are trading above their 50-day moving average. The stock's 50-day moving average of $16.05 is below its 200-day moving average of $16.71. Nuance Communications Inc.'s stock has a Relative Strength Index (RSI) of 44.82. Sign up today to read free research on NUAN at:
Adobe Systems Inc.'s stock recorded a trading volume of 3.72 million shares on Wednesday, below its three months average volume of 4.29 million shares. The stock ended the day at $61.69, which was 1.28% higher its previous day's closing of $60.91, and registered an intraday range of $60.63 and $61.80. Adobe Systems Inc.'s stock has advanced 0.13% in the previous three trading sessions and 3.02% on YTD basis, while it has fallen by 6.16% in the last one month. The company's stock is trading below its 50-day moving average. Adobe Systems Inc.'s 50-day moving average of $65.60 is above its 200-day moving average of $56.66. Furthermore, shares of the company traded at a PE ratio of 109.53 and have an RSI of 39.74. Sign up today to read free research on ADBE at:
On Wednesday, shares in ANSYS Inc. fluctuated between $75.38 and $76.95 before ending the session 0.09% higher at $76.31. The company's stock reported a trading volume of 0.65 million shares, above its three months average volume of 0.54 million shares. Shares of the company traded at a PE ratio of 29.66. Over the previous three trading sessions and in last one month, ANSYS Inc.'s shares have edged lower by 0.43% and 0.92%, respectively. Additionally, the stock has declined 12.49% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $78.04 and $83.04, respectively. Further, shares of the company have an RSI of 50.47. Sign up today to read free research on ANSS at:
Shares in SAP A.G. gained 1.93%, closing the day at $80.99. The stock recorded a trading volume of 1.06 million shares on Wednesday, above its three months average volume of 0.96 million shares. The stock oscillated between $80.22 and $81.03 during the session. Over the last one month and since the start of this year, SAP A.G.'s shares have fallen by 0.39% and 7.06%, respectively. However, the stock has gained 3.99% in the previous three trading sessions. The company's shares are trading above their 50-day and 200-day moving averages of $79.11 and $78.03, respectively. Moreover, the company's stock has an RSI of 50.10. Sign up today to read free research on SAP at:
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