|By PR Newswire||
|March 28, 2014 03:22 AM EDT||
LONDON, March 28, 2014 /PRNewswire/ --
The trading session on Wednesday, March 26, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,268.99, down 0.60% and the NASDAQ Composite closed at 4,173.58, down 1.43%. The S&P 500 finished the session 0.70% lower at 1,852.56. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Consumer Discretionary Sector Index finished the day at 508.44, down 0.79%, and the same has declined 2.44% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: Ross Stores Inc. (NASDAQ: ROST), L Brands Inc. (NYSE: LB), Express Inc. (NYSE: EXPR), and The Container Store Group Inc. (NYSE: TCS). Free technical research on ROST, LB, EXPR, and TCS can be downloaded upon signing up at:
Ross Stores Inc.'s stock recorded a trading volume of 1.31 million shares, as compared with a three months average volume of 2.03 million shares. The stock ended the day at $71.21, down 0.64% and at an intraday range of $71.09 and $72.31. Shares of the company traded at a PE ratio of 18.40. Ross Stores Inc.'s stocks have fallen by 0.67% in the last one month and 4.96% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Ross Stores Inc.'s 200-day moving average of $70.91 is above the 50-day moving average of $70.45. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 48.80. Sign up today to read free research on ROST at:
On Wednesday, L Brands Inc.'s stock declined 2.16%, to close the day at $56.16. A total of 2.15 million shares were traded, which is below the three months average volume of 2.20 million. The stock oscillated between $56.12 and $57.61 during the trading session. L Brands Inc.'s shares have lost 4.21% in the previous three trading sessions, 0.72% in the last one month, and 7.52% on YTD basis. The stock is trading above its 50-day moving average. L Brands Inc.'s 200-day moving average of $56.70 is above the 50-day moving average of $54.76. Furthermore, the stock is trading at an RSI of 56.14. Sign up today to read free research on LB at:
Express Inc.'s stock reported a trading volume of 1.50 million shares, as compared with a three months average volume of 1.60 million shares. The stock ended the day at $15.74, down 1.63% after trading between $15.70 and $16.12. Shares of the company traded at a PE ratio of 11.41. Express Inc.'s shares have declined 4.43% in the previous three trading sessions, 15.38% in the last one month, and 15.69% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages Express Inc.'s 200-day moving average of $20.71 is above the 50-day moving average of $17.49. Additionally, shares of the company are trading at an RSI of 36.13. Sign up today to read free research on EXPR at:
On Wednesday, shares in The Container Store Group Inc. declined 2.99%, finishing the session at $32.08. The stock registered a trading volume of 0.71 million shares as compared to a three months average volume of 0.62 million shares. The stock fluctuated between $31.64 and $33.47 during the session. The Container Store Group Inc.'s stocks have declined 6.93% in the previous three trading sessions, 8.16% in the last one month, and 31.17% on YTD basis. The stock is trading below its 50-day moving average of $36.32. Moreover, the stock is trading at an RSI of 36.96. Sign up today to read free research on TCS at:
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