|By PR Newswire||
|March 31, 2014 12:37 PM EDT||
LONDON, March 31, 2014 /PRNewswire/ --
The US markets ended a positive sentiment on Friday, March 28, 2014, with the NASDAQ Composite closing at 4,155.76, up 0.11%, the Dow Jones Industrial Average ending the session at 16,323.06, up 0.36% and the S&P 500 edging 0.46% higher to finish the trading session at 1,857.62. The gains were broad based with eight out of ten sectors ending the session in positive. The S&P 500 Information Technology Sector Index finished the day at 591.48, up 0.47%, and the same has advanced 1.03% in the previous three months. Investor-Edge has initiated coverage on the following equities: Altera Corp. (NASDAQ: ALTR), ARM Holdings PLC (NASDAQ: ARMH), Cirrus Logic Inc. (NASDAQ: CRUS) and Lattice Semiconductor (NASDAQ: LSCC). Free technical research on ALTR, ARMH, CRUS and LSCC can be downloaded upon signing up at:
On Friday, Altera Corp.'s stock edged 0.51% lower, closing the day at $35.45. The stock recorded a trading volume of 2.19 million shares as compared to a three months average volume of 3.22 million shares. The stock oscillated between $34.96 and $36.09 during the trading session. Shares of the company traded at a PE ratio of 26.07. Altera Corp.'s shares have fallen by 2.69% in the previous three trading sessions and 2.37% in the last one month, but they have gained 9.04% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Altera Corp.'s 50-day moving average of $34.80 is above its 200-day moving average of $34.43. Furthermore, the stock has a Relative Strength Index (RSI) of 47.92. Sign up today to read free research on ALTR at:
Shares in ARM Holdings PLC reported a trading volume of 1.66 million shares, as compared with a three months average volume of 1.82 million shares. The stock ended the day at $49.01, up 0.66% and at an intraday range of $48.27 and $49.17. ARM Holdings PLC's shares have lost 1.27% in the previous three trading sessions, 2.37% in the last month, and 10.45% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. ARM Holdings PLC's 50-day moving average of $48.07 is above its 200-day moving average of $45.92. Furthermore, the shares of the company have an RSI of 51.45. Sign up today to read free research on ARMH at:
On Friday, shares in Cirrus Logic Inc. finished the session 0.26% higher at $19.52. A total of 1.14 million shares were traded, which is below the three months average volume of 1.92 million. The stock fluctuated between $19.40 and $19.94 during the session. Shares of the company traded at a PE ratio of 10.58. Cirrus Logic Inc.'s stock has advanced 1.40% in the last month, while the same has fallen by 1.46% in the previous three trading sessions and 4.43% on YTD basis. The stock is trading above its 50-day moving average. Cirrus Logic Inc.'s 200-day moving average of $20.27 is above its 50-day moving average of $18.91. Moreover, shares of the company have an RSI of 54.09. Sign up today to read free research on CRUS at:
Shares in Lattice Semiconductor Corp. registered a trading volume of 0.87 million shares, as compared with a three months average volume of 1.31 million shares. The stock ended the day at $7.55, down 1.18% after vacillating between $7.51 and $7.77. Shares of the company traded at a PE ratio of 38.62. Lattice Semiconductor Corp.'s shares have fallen by 1.69% in the previous three trading sessions and 0.26% in the last month, while the same have surged 37.52% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages. Lattice Semiconductor Corp.'s 50-day moving average of $7.07 is above the 200-day moving average of $5.58. Additionally, shares of the company have an RSI of 51.75. Sign up today to read free research on LSCC at:
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