LONDON, March 24, 2014 /PRNewswire/ --
On Friday, March 21, 2014, the
NASDAQ Composite ended at 4,276.79, down 0.98%, the Dow Jones
Industrial Average declined 0.17% to 16,302.77, and the S&P 500
closed at 1,866.52, down 0.29%. Four out of ten sectors ended the
session in negative. The S&P 500 Information Technology Sector
Index finished the day at 598.00, down 0.45%, while the same has
gained 0.85% in the last one month. Investor-Edge has initiated
coverage on the following equities: Akamai Technologies Inc.
(NASDAQ: AKAM), Yelp Inc. (NYSE: YELP), SouFun Holdings Ltd (NYSE:
SFUN) and LinkedIn Corp. (NYSE: LNKD). Free technical research on
AKAM, YELP, SFUN and LNKD can be downloaded upon signing up at:
http://www.investor-edge.com/439-register
Shares in Akamai Technologies Inc. recorded a trading volume of
3.39 million shares on Friday, as compared with a three month
average volume of 2.58 million shares. The stock ended the day at
$60.72, down 2.00% after trading
between $60.47 and $62.74. The
company's shares have rallied 27.80% in the previous three months
and 28.70% on YTD basis. The stock is trading above its 50-day and
200-day moving averages. Akamai Technologies Inc.'s 50-day moving
average of $55.72 is above the
200-day moving average of $48.92.
Furthermore, shares of the company are trading at a PE ratio of
39.76 and at an Relative Strength Index (RSI) of 55.98. Sign up
today to read free research on AKAM at:
http://www.investor-edge.com/439-AKAM-24Mar2014.pdf
On Friday, Yelp Inc.'s stock edged 1.04% lower to close the day at
$83.43. A total of 3.24 million
shares were traded, which is below the three months average volume
of 3.32 million. The company's shares oscillated between
$82.64 and $86.84 during the trading
session. Yelp Inc.'s shares have surged 22.15% in the previous
three months and 21.00% on YTD basis, while the same has lost 9.14%
in the last one month. The stock is trading above its 200-day
moving average. Yelp Inc.'s 50-day moving average of $86.55 is above the 200-day moving average of
$63.67. Further, the company's stock
is trading at an RSI of 39.58. Sign up today to read free research
on YELP at:
http://www.investor-edge.com/439-YELP-24Mar2014.pdf
SouFun Holdings Ltd.'s stock declined 0.48% on Friday, finishing
the session at $75.04. The stock
recorded a trading volume of 2.27 million shares as compared to a
three months average volume of 1.79 million shares. The stock
fluctuated between $73.33 and $79.77
during the session. SouFun Holdings Ltd.'s shares have lost 6.19%
in the last one month and 8.94% on YTD basis. The stock is trading
above its 200-day moving average. SouFun Holdings Ltd's 50-day
moving average of $82.80 is above the
200-day moving average of $57.46.
Moreover, the stock is trading at a PE ratio of 21.82 and at an RSI
of 38.84. Sign up today to read free research on SFUN at:
http://www.investor-edge.com/439-SFUN-24Mar2014.pdf
On Friday, shares in LinkedIn Corp. witnessed a trading volume of
2.76 million shares, as compared with a three month average volume
of 2.83 million shares. The stock ended the day at $196.72, down 3.77% after vacillating between
$196.17 and $205.45. Shares in LinkedIn Corp. have advanced
2.13% in the last one month, while the same has declined 10.59% in
the previous three months and 9.27% on YTD basis. The stock is
trading below its 50-day and 200-day moving averages. LinkedIn
Corp.'s 200-day moving average of $216.76 is above the 50-day moving average of
$206.95. Additionally, the company's
shares are trading at a PE ratio of 855.30 and at an RSI of 44.64.
Sign up today to read free research on LNKD at:
http://www.investor-edge.com/439-LNKD-24Mar2014.pdf
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