Welcome!

News Feed Item

Investor-Edge.com Technical Analysis on Top Gainers: SINA, Baidu, ReneSola, and Energy Recovery

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 7, 2014 /PRNewswire/ --

On Thursday, March 06, 2014, the US markets saw a mixed sentiment with the NASDAQ Composite closing at 4,352.13, down 0.13%, the Dow Jones Industrial Average ending the session at 16,421.89, up 0.38% and the S&P 500 edging 0.17% higher to finish the trading session at 1,877.03. During the session gains in the Financials, Energy and Industrials sectors positively impacted the broader market, while some retraction came in from Health Care, Consumer Staples and Utilities sectors. A number of stocks saw large movements, including SINA Corporation (NASDAQ: SINA), Baidu Inc. (NASDAQ: BIDU), ReneSola Ltd (NYSE: SOL), and Energy Recovery Inc. (NASDAQ: ERII), which were amongst the top gainers for the session. Free research on these five companies can be accessed at:  

http://investor-edge.com/register

SINA Corp.'s stock finished Thursday's session at $73.44, recording a gain of 8.51%. A total of 9.34 million shares traded which is above the three months average volume of 2.96 million shares. The stock vacillated between $68.10 and $74.62 during the session. The company's shares have advanced 9.14% in the previous three trading sessions and 12.28% in the last one month. SINA Corp.'s shares traded at a PE ratio of 100.95 and have fallen by 12.83% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 0.01% during the trading session and charted up 5.64% in the last one month. Additionally, the stock is trading at the RSI of 43.02 and below its 50-day and 200-day moving averages of $74.63 and $73.79, respectively. Sign up and read the free notes on SINA at:

http://www.Investor-Edge.com/03072014/SINA/report.pdf

Baidu Inc.'s stock edged 5.77% higher, finishing Thursday's session at $184.64. The stock recorded a new 52-weeks high of $186.00 and 8.74 million shares were traded during the session as compared to a three months average volume of 3.90 million shares. The stock fluctuated between $175.01 and $186.00 during the trading session. The company's shares have surged 19.08% in the last one month and 9.44% in the previous three months. Baidu Inc.'s shares traded at a PE ratio of 37.75 have gone up 3.80% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 0.01% during the trading session and charted up 5.85% in the previous three months. Furthermore, the stock is trading at the RSI of 56.09 and above its 50-day and 200-day moving averages of $169.37 and $143.28, respectively. The complimentary notes on BIDU can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03072014/BIDU/report.pdf

On Thursday, ReneSola Ltd's stock ended the session at $4.18, which is 8.57% higher than the previous day's closing price of $3.85. A total of 6.77 million shares were traded as compared to the three months average volume of 3.44 million shares. During the session, the stock oscillated between $3.87 and $4.27. The company's shares have rallied 32.70% in the last one month and 38.41% in the previous three months. ReneSola Ltd's shares have advanced 21.16% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gain of 0.01% during the trading session and charted up 1.64% in the previous three trading sessions. Furthermore, the stock is trading at the RSI of 58.39 and above its 50-day and 200-day moving averages of $3.61 and $3.80, respectively. Register for free on Investor-Edge and access the latest research on SOL at:

 http://www.Investor-Edge.com/03072014/SOL/report.pdf

Shares in Energy Recovery Inc. closed Thursday's session at $6.49, up 36.63% with a trading volume of 7.62 million shares as compared to a three months average volume of 0.55 million shares. The stock vacillated between $5.57 and $6.98 during the session. The company's shares have gained 45.19% in the previous three trading sessions and 57.91% in the last one month. Shares in Energy Recovery Inc. have gone up 16.94% on YTD basis. The S&P 500 Industrials Sector Index mapped a gain of 0.56% during the trading session and advanced 6.01% in the last one month. Moreover, the stock is trading at the RSI of 57.40 and above its 50-day and 200-day moving averages of $4.73 and $5.04, respectively. The complete research on ERII is available for free at:

http://www.Investor-Edge.com/03072014/ERII/report.pdf

About Investor-Edge.com

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR NOTES:

=============

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


Investor-Edge.com

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.