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Morning Briefing on Stocks hitting New Milestones -- Research on Finisar, Analog Devices, Palatin Technologies and Green Plains Renewable

LONDON, March 21, 2014 /PRNewswire/ --

On Thursday, March 20, 2014, the NASDAQ Composite finished at 4,319.29, up 0.27%. The Dow Jones Industrial Average closed the session at 16,331.05, up 0.67% and the S&P 500 ended the day at 1,872.01, higher by 0.60%. The gains were broad based with nine out of 10 sectors ending the session in positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Finisar Corp. (NASDAQ: FNSR), Analog Devices Inc. (NASDAQ: ADI), Palatin Technologies Inc. (AMEX: PTN) and Green Plains Renewable Energy Inc. (NASDAQ: GPRE). Free technical research on FNSR, ADI, PTN and GPRE can be downloaded upon signing up at:


Shares in Finisar Corp. ended the day at $26.55, up 2.67%, hitting a new 52-week high of $26.96 on Thursday. The stock reported a trading volume of 5.04 million shares during the trading session, compared with the 3-month average volume of 2.42 million shares. Finisar Corp.'s shares traded at a PE ratio of 29.02 and were up 10.99% on YTD basis. Shares of the company have surged 9.39% in the previous three trading sessions and 15.43% in the last three months. The S&P 500 Information Technology Sector Index mapped a gain of 0.65% during the session and the same has advanced 5.06% in the previous three months. The stock is trading above both its 50-day and 200-day moving averages. The company's 50-day moving average of $23.60 is above the 200-day moving average of $21.55. Relative Strength Index (RSI) of the company was 65.47 at the end of the session. Sign up today to read free research on FNSR at:


On Thursday, Analog Devices Inc.'s stock advanced 3.15%, to close the day at $53.23, hitting new 52-weeks high of $53.26. The stock recorded a trading volume of 4.52 million shares, compared with the 3-month average volumes of 2.00 million shares. The company's shares traded at a PE ratio of 24.27 and were up 4.51% on YTD basis. Shares of Analog Devices Inc. have advanced 5.02% in the previous three trading sessions and 6.43% in the last three months. The S&P 500 Information Technology sector Index mapped a gain of 0.65% during the session and the same has charted up by 1.49% during the last one month. The stock is trading above its 50-day and 200-day moving averages. Analog Devices Inc.'s 50-day moving average of $50.05 is above the 200-day moving average of $48.45. Additionally, the company's shares were trading at an RSI of 58.08. Sign up today to read free research on ADI at:


Shares in Palatin Technologies Inc. declined 2.38% on Thursday, finishing the day at $1.23, after hitting a new 52-week high of $1.50. The stock recorded a trading volume of 3.15 million shares, compared with the 3-month average volume of 0.40 million shares Palatin Technologies Inc.'s shares have advanced 67.57% on YTD basis. Shares of the company have rallied 13.90% in the previous three trading sessions and 68.46% in the last three months. The S&P 500 Health Care Sector Index mapped a loss of 0.02% during the session while the same has advanced 7.91% in the previous three months. The stock is trading above its 50-day and 200-day moving averages. Palatin Technologies Inc.'s 50-day moving average of $1.02 is above the 200-day moving average of $0.75. Furthermore, shares of the company were trading at an RSI of 69.53. Sign up today to read free research on PTN at:


On Thursday, shares in Green Plains Renewable Energy Inc. fluctuated in the range of $29.31 and $30.65, hitting a new 52-week high of $30.65. The company's stock reported a gain of 1.99%, ending the day at $30.26. A total of 1.07 million shares were traded, which is below the 3-months average volume of 1.19 million. The company's shares have surged 15.85% in the last one month and 60.62% in the previous three months. The company stocks traded at a PE ratio of 25.22 and were up 56.14% on YTD basis. The S&P 500 Energy Sector Index posted gains of 0.36% in the previous three trading sessions and 0.17% in the last one month. The company's stock is trading above both its 50-day and 200-day moving averages. Green Plains Renewable Energy Inc.'s 50-day moving average of $24.05 is above the 200-day moving average of $18.06. Moreover, the company's shares were trading at an RSI of 73.34. Sign up today to read free research on GPRE at:



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