LONDON, June 20, 2014 /PRNewswire/ --
The trading session on Thursday, June 19, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,921.46, up 0.09% and the NASDAQ Composite closed at 4,359.33, down 0.08%. The S&P 500 finished the day 0.13% higher at 1,959.48. During the trading session, six out of the ten sectors finished on a positive note. The S&P 500 Telecommunication Services Sector Index finished the day 0.31% higher at 159.33, and the index has gained 7.79% in the previous three months. Investor-Edge has initiated coverage on the following equities: tw telecom inc. (NASDAQ: TWTC), Level 3 Communications Inc. (NYSE: LVLT), Iridium Communications Inc. (NASDAQ: IRDM) and 8x8 Inc. (NASDAQ: EGHT). Free technical research on TWTC, LVLT, IRDM and EGHT can be downloaded upon signing up at:
tw telecom inc.'s stock fluctuated between $40.88 and $41.39 before ending Thursday's session 1.16% lower at $40.92. The company's stock reported a trading volume of 3.38 million shares, much above its three months average volume of 1.25 million shares. Over the previous three trading sessions and in the last one month, tw telecom inc.'s stock has gained 4.95% and 25.02%, respectively. Moreover, the company's stock is up 34.30% on YTD basis. tw telecom inc.'s stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $31.97 is above its 200-day moving average of $30.51. Additionally, tw telecom inc.'s stock traded at a PE ratio of 99.64 and has a Relative Strength Index (RSI) of 83.50. Sign up today to read free research on TWTC at:
Shares in Level 3 Communications Inc. fell by 2.11% on Thursday, closing the session at $44.64. A total of 2.81 million shares were traded, which was above its three months average volume of 1.70 million shares. The stock moved between $44.62 and $45.62 during the session. The company's stock traded at a PE ratio of 53.03. Shares in Level 3 Communications Inc. have advanced 5.53% in the previous three trading sessions and 1.25% in the last one month. Additionally, the company's stock has surged 34.58% from the beginning of 2014. Level 3 Communications Inc.'s shares are trading above their 50-day and 200-day moving averages of $41.81 and $34.40, respectively. Further, the company's shares have an RSI of 63.32. Sign up today to read free research on LVLT at:
On Thursday, shares in Iridium Communications Inc. gained 1.42%, closing the day at $8.21. The stock recorded a trading volume of 1.40 million shares, near its three months average volume of 1.49 million shares. The company's stock oscillated between $8.02 and $8.22 during the session. Shares of the company traded at a PE ratio of 11.12. Iridium Communications Inc.'s stock has gained 2.05% in the previous three trading sessions, 13.64% in the last one month and 31.26% since the start of this year. Iridium Communications Inc.'s shares are trading above their 50-day and 200-day moving averages of $7.40 and $6.70, respectively. Furthermore, the company's stock has an RSI of 56.98. Sign up today to read free research on IRDM at:
8x8 Inc.'s stock recorded a trading volume of 0.93 million shares, which was near its three months average volume of 1.16 million shares. The stock finished the day at $7.62, which was 3.91% lower its previous day's closing of $7.93, and registered an intraday range of $7.52 and $8.00. Shares in 8x8 Inc. have advanced 6.57% in the previous three trading sessions, while the shares have lost 4.33% in the last one month and 24.93% on YTD basis. Shares in 8x8 Inc. are trading below their 50-day and 200-day moving averages of $8.70 and $9.93, respectively. Additionally, the company's stock traded at a PE ratio of 121.38 and has an RSI of 53.87. Sign up today to read free research on EGHT at:
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