|By PR Newswire||
|December 6, 2013 09:54 AM EST||
LONDON, December 6, 2013 /PRNewswire/ --
On Thursday, December 05, 2013, the US equity market edged lower. The S&P 500 ended the day at 1,785.03, down 0.43%; the Dow Jones Industrial Average closed at 15,821.51, down 0.43%; and the NASDAQ Composite finished at 4,033.17, down 0.12%. Moreover, the S&P 500 Telecommunication Services Sector Index ended the day 0.96% lower at 153.05, and the same has gained 3.36% in the previous three months, underperforming the S&P 500, which has gained 7.85% during the same period. The major movers in the sector included Verizon Communications Inc. (NYSE: VZ), Tim Participacoes S.A. (NYSE: TSU), Cincinnati Bell Inc. (NYSE: CBB), and Ubiquiti Networks Inc. (NASDAQ: UBNT). AAAResearchReports.com has released full comprehensive research on VZ, TSU, CBB, and UBNT. These free technical analyses can be downloaded by signing up at:
Verizon Communications Inc.'s stock declined on Thursday, tracking losses in the broader market. The company's shares ended the day 0.93% lower at $48.91, after fluctuating between $48.43 and $49.18 during the trading session. A total of 14.75 million shares were traded, which is above the daily average volume of 13.48 million. The company's shares have gained 4.87% in the previous three months, underperforming the S&P 500, which has gained 7.85% during the same period. Moreover, Verizon Communications Inc.'s stock is trading below its 50-day and 200-day moving averages of $49.18 and $49.51, respectively. A free technical analysis on VZ available by signing up at:
On Thursday, Tim Participacoes S.A.'s stock closed the day at $24.70, up 1.35% from the previous day's closing price of $24.37. The company's shares vacillated between $23.62 and $24.94 during the trading session. A total of 2.87 million shares were traded, which is above the daily average volume of 1.90 million. The company's shares have gained 0.98% in the previous three trading sessions and 13.56% in the last three months, outperforming the S&P 500, which has lost 0.88% and has gained 7.85% during the respective periods. Furthermore, Tim Participacoes S.A.'s stock is trading above its 200-day moving averages of $21.48. Register today and access free research on TSU at:
Cincinnati Bell Inc.'s stock rose 2.19%, finishing the day's session at $3.27, after vacillating between $3.14 and $3.29 during Thursday's trading session. A total of 1.09 million shares were traded, which is below the daily average volume of 1.28 million. The company's shares have advanced 9.00% in the previous three months and 11.99% during the last one month, outperforming the S&P 500, which has gained 7.85% and 1.25% during the respective periods. Further, Cincinnati Bell Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.98 and $3.22, respectively. The free report on CBB can be downloaded by signing up now at:
Shares in Ubiquiti Networks Inc. oscillated between $39.42 and $40.45 before ending Thursday's session 0.08% lower at $39.95. A total of 0.45 million shares were traded, which is below the daily average volume of 0.87 million. Despite Thursday's decline, the company's shares have surged 20.15% in the previous three months, outperforming the S&P 500, which has gained 7.85% during the same period. Moreover, Ubiquiti Networks Inc.'s stock is trading above its 50-day and 200-day moving averages of $38.73 and $24.60, respectively. A free report on UBNT can be accessed by registering at:
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SOURCE AAA Research Reports