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Market Major Trends - New High: Horizon Pharma, Norfolk Southern, Delphi Automotive, and Solazyme

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LONDON, March 14, 2014 /PRNewswire/ --

On Tuesday, March 11, 2014, the NASDAQ Composite finished at 4,307.19, down 0.63%. The Dow Jones Industrial Average closed the session at 16,351.25, down 0.41% and the S&P 500 ended the day at 1867.63, lower by 0.51%. The losses were broad based as nine out of ten sectors ended the session in negative. Investor-Edge.com looks at some of the equities that hit a new 52-week high during the last session. These include Horizon Pharma Inc. (NASDAQ:HZNP), Norfolk Southern Corporation. (NYSE:NSC), Delphi Automotive PLC (NYSE: DLPH), and Solazyme Inc. (NASDAQ:SZYM). Free research on these four companies can be accessed at:  

http://investor-edge.com/register

Shares in Horizon Pharma Inc. finished the day at $13.33, down 1.84%, hitting a new 52-week high of $14.27 on Tuesday. The stock reported a trading volume of 2.59 million shares during the trading session compared with the three-month average volume of 1.79 million shares. Horizon Pharma Inc.'s shares gained 74.93% on YTD basis. Shares of the company have rallied 33.17% in the last one month and 101.66% in the previous three months. The S&P 500 Health Care Sector Index mapped a loss of 0.26% during the session while the same has advanced 9.92% in the previous three months. The stock is trading above both its 50-day and 200-day moving averages. The company's 50-day moving average of $9.92 is above the 200-day moving average of $5.21. RSI of the company was 78.23 at the end of the session. Sign up and read the free notes on HZNP at:

http://www.Investor-Edge.com/03122014/HZNP/report.pdf

On Tuesday, Norfolk Southern Corp.'s stock gained 1.40%, finishing the day at $95.75, after hitting a new 52-week high of $95.99. The stock recorded a trading volume of 2.88 million shares, compared with the three-month average volumes of 2.15 million shares. The company's shares traded at a PE ratio of 16.39 and were up 3.15% on YTD basis. Shares of Norfolk Southern Corp. have advanced 1.32% in the past three trading sessions and 8.73% in the previous three months. The stock also witnessed a gain of 2.84% in the last one month. The S&P 500 Industrials Sector Index mapped a loss of 0.68% during the session while it charted up by 5.11% during the previous three months. The stock is trading above its 50-day and 200-day moving averages. Norfolk Southern Corp.'s 50-day moving average of $91.69 is above the 200-day moving average of $82.35. Furthermore, the company's shares were trading at the Relative Strength Index (RSI) of 60.13. The complimentary notes on NSC can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03122014/NSC/report.pdf

Delphi Automotive PLC's stock traded in the range of $66.87 and $67.92, hitting a new 52-week high of $67.92. The company's stock reported a gain of 1.36%, ending the day at $67.77. A total of 3.30 million shares were traded, which is above the three months average volume of 1.93 million. The company's shares have advanced 7.62% in the last one month and 17.55% in the previous three months. The company stocks traded at a PE ratio of 15.49 and were up 12.71% on YTD basis. The S&P 500 Consumer Discretionary Sector Index posted gains of 3.33% in the last one month and 3.65% in the previous three months. The company's stock is trading above both its 50-day and 200-day moving averages. Delphi Automotive PLC's 50-day moving average of $62.73 is above the 200-day moving average of $57.26. The stock is trading at RSI of 65.34. Register for free on Investor-Edge and access the latest research on DLPH at:

 http://www.Investor-Edge.com/03122014/DLPH/report.pdf

On Tuesday, Solazyme Inc.'s rallied 6.82%, to close the day at $14.41, hitting a new 52-week high of $14.44. The stock recorded a trading volume of 2.28 million shares, compared with the three-month average volume of 0.97 million shares. Solazyme Inc.'s shares advanced 32.32% on YTD basis. Shares of the company have surged 11.75% in the past three trading sessions and 69.33% in the previous three months. The stock has witnessed a gain of 29.70% in the last one month. The S&P 500 Energy Sector Index mapped a loss of 1.17% during the session while the same has advanced 2.58% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $11.20 is above the 200-day moving average of $10.90. Furthermore, shares of the company were trading at the Relative Strength Index (RSI) of 69.88. The complete research on SZYM is available for free at:

http://www.Investor-Edge.com/03122014/SZYM/report.pdf

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EDITOR NOTES:

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  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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