LONDON, May 28, 2014 /PRNewswire/ --
On Tuesday, May 27, 2014, the NASDAQ Composite ended at 4,237.07, up 1.22%, the Dow Jones Industrial Average finished the session at 16,675.50, up 0.42% and the S&P 500 closed at 1,911.91, up 0.60%. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day 0.99% higher at 616.06, and the index has gained 4.11% in the previous three months. Investor-Edge has initiated coverage on the following equities: Tableau Software Inc. (NYSE: DATA), NQ Mobile Inc. (NYSE: NQ), Nuance Communications Inc. (NASDAQ: NUAN) and Adobe Systems Inc. (NASDAQ: ADBE). Free technical research on DATA, NQ, NUAN and ADBE can be downloaded upon signing up at:
Shares in Tableau Software Inc. gained 3.71% on Tuesday, closing the session at $62.85. A total of 2.64 million shares were traded, above its three months average volume of 2.14 million shares. The stock moved between $61.08 and $64.38 during the session. Shares in Tableau Software Inc. have gained 8.59% in the previous three trading sessions and 11.77% in the last one month. However, the stock has declined 8.82% from the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. The stock's 50-day moving average of $66.65 is below its 200-day moving average of $71.28. Furthermore, Tableau Software Inc.'s stock traded at a PE ratio of 1257.00 and has a Relative Strength Index (RSI) of 51.48. Sign up today to read free research on DATA at:
On Tuesday, shares in NQ Mobile Inc. recorded a trading volume of 3.16 million shares, below its three months average volume of 3.55 million shares. The stock finished the day at $7.55, which was 1.05% lower its previous day's closing of $7.63, and registered an intraday range of $7.36 and $8.12. NQ Mobile Inc.'s stock has fallen by 0.92% in the previous three trading sessions, 42.93% in the last one month and 48.64% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $13.81 and $16.06, respectively. Moreover, the company's stock has an RSI of 31.03. Sign up today to read free research on NQ at:
Shares in Nuance Communications Inc. fluctuated between $15.82 and $16.05 before ending Tuesday's session 1.27% higher at $16.00. The company's stock reported a trading volume of 3.14 million shares, which was below its three months average volume of 3.88 million shares. Over the previous three trading sessions and on YTD basis, shares in Nuance Communications Inc. have gained 3.03% and 5.26%, respectively. However, the company's stock has declined 1.84% in the last one month. Nuance Communications Inc.'s stock is trading below its 50-day and 200-day moving averages of $16.20 and $16.42, respectively. Further, the company's shares have an RSI of 50.85. Sign up today to read free research on NUAN at:
Adobe Systems Inc.'s shares advanced 1.48% on Tuesday, closing the day at $65.25. The stock recorded a trading volume of 2.15 million shares, below its three months average volume of 4.06 million shares. The company's stock oscillated between $64.61 and $65.49 during the session. Shares of the company traded at a PE ratio of 109.84. Shares in Adobe Systems Inc. have advanced 4.45% in the previous three trading sessions and 5.91% in the last one month. Moreover, the company's stock has gained 8.97% since the start of this year. Adobe Systems Inc.'s shares are trading above their 50-day and 200-day moving averages of $63.04 and $57.88, respectively. Additionally, the company's stock has an RSI of 61.01. Sign up today to read free research on ADBE at:
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