|By PR Newswire||
|March 28, 2014 06:10 AM EDT||
LONDON, March 28, 2014 /PRNewswire/ --
On Wednesday, March 26, 2014, the NASDAQ Composite ended at 4,173.58, down 1.43%, the Dow Jones Industrial Average fell 0.60% to finish at 16,268.99, and the S&P 500 closed at 1,852.56, down 0.70%. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Information Technology Sector Index finished the day at 592.33, down 1.31%, while the same has advanced 0.10% in the last one month. Investor-Edge has initiated coverage on the following equities: Entropic Communications Inc. (NASDAQ: ENTR), PMC-Sierra Inc. (NASDAQ: PMCS), Fairchild Semiconductor International Inc. (NASDAQ: FCS) and OmniVision Technologies Inc. (NASDAQ: OVTI). Free technical research on ENTR, PMCS, FCS and OVTI can be downloaded upon signing up at:
Entropic Communications Inc.'s stock reported a trading volume of 0.55 million shares, as compared with a three months average volume of 0.78 million shares. The stock ended the day at $4.09, down 5.10% and at an intraday range of $4.09 and $4.34. Entropic Communications Inc.'s shares have declined 6.83% in the previous three trading sessions, 5.54% in the last month, and 12.98% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Entropic Communications Inc.'s 200-day moving average of $4.36 is above its 50-day moving average of $4.30. Furthermore, the stock is trading at a Relative Strength Index (RSI) of 46.95. Sign up today to read free research on ENTR at:
On Wednesday, PMC-Sierra Inc.'s stock fell 1.45% to close at $7.48. A total of 1.30 million shares were traded, which is below the three months average volume of 1.48 million. The stock oscillated between $7.48 and $7.72 during the trading session. PMC-Sierra Inc.'s shares have fallen by 1.32% in the previous three trading sessions, but they have gained 1.49% in the last one month and 16.33% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. PMC-Sierra Inc.'s 50-day moving average of $7.10 is above its 200-day moving average of $6.53. Furthermore, the stock is trading at an RSI of 56.64. Sign up today to read free research on PMCS at:
Shares in Fairchild Semiconductor International Inc. recorded a trading volume of 0.88 million shares, as compared with a three months average volume of 1.01 million shares. The stock ended the day at $13.30, down 1.26% after vacillating between $13.28 and $13.71. Shares of the company traded at a PE ratio of 150.77. Fairchild Semiconductor International Inc.'s shares have fallen by 1.63% in the previous three trading sessions, 5.07% in the last one month, and 0.37% on YTD basis. Despite recent pullback, the company's stock is trading above its 200-day moving average. Fairchild Semiconductor International Inc.'s 50-day moving average of $13.37 is above its 200-day moving average of $13.12. Additionally, shares of the company are trading at an RSI of 48.42. Sign up today to read free research on FCS at:
On Wednesday, shares in OmniVision Technologies Inc. finished the session 3.32% lower at $17.16. The stock recorded trading volume of 1.24 million shares as compared to a three months average volume of 1.34 million shares. The stock fluctuated between $17.09 and $17.96 during the session. Shares of the company traded at a PE ratio of 11.11. OmniVision Technologies Inc.'s stock has fallen by 0.23% on YTD basis, while the same has gained 0.94% in the previous three trading sessions, and 8.88% in the last one month. The stock is trading above its 50-day and 200-day moving averages. OmniVision Technologies Inc.'s 200-day moving average of $16.19 is above its 50-day moving average of $16.12. Moreover, the stock is trading at an RSI of 62.51. Sign up today to read free research on OVTI at:
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