Review on Wireless Telecommunication Services Stocks -- Research on Sprint, VimpelCom, Tim Participacoes, and Mobile Telesystems

By PR Newswire,  June 10, 2014, 08:10:00 AM EDT


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

LONDON, June 10, 2014 /PRNewswire/ --

On Monday, June 09, 2014, the NASDAQ Composite ended at 4,336.24, up 0.34%, the Dow Jones Industrial Average finished the session at 16,943.10, up 0.11% and the S&P 500 closed at 1,951.27, up 0.09%. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Telecommunication Services Sector Index ended the day 0.10% higher at 158.55, and the index has gained 7.06% in the previous three months. Investor-Edge has initiated coverage on the following equities: Sprint Corp. (NYSE:S), VimpelCom Ltd (NASDAQ:VIP), Tim Participacoes S.A. (NYSE:TSU) and Mobile Telesystems OJSC (NYSE:MBT). Free technical research on S, VIP, TSU and MBT can be downloaded upon signing up at:



http://www.investor-edge.com/3631-register



Sprint Corp.'s stock edged 0.11% lower on Monday, closing the session at $8.77. A total of 12.46 million shares were traded, near its three months average volume of 15.98 million shares. The stock moved between $8.66 and $8.88 during the session. Shares in Sprint Corp. have declined 6.70% in the previous three trading sessions and 0.45% in the last one month. Additionally, the company's shares are down 18.42% from the beginning of 2014. The company's stock is trading below its 50-day moving average. The stock's 50-day moving average of $8.87 is above its 200-day moving average of $8.09. Further, Sprint Corp.'s stock has a Relative Strength Index (RSI) of 43.66. Sign up today to read free research on S at:



http://www.investor-edge.com/3631-S-10Jun2014.pdf



Shares in VimpelCom Ltd advanced 0.34% on Monday, ending the day at $8.93. The stock recorded a trading volume of 4.11 million shares, above its three months average volume of 3.00 million shares. The company's stock oscillated between $8.77 and $9.20 during the session. VimpelCom Ltd's stock has advanced 3.12% in the previous three trading sessions and 8.64% in the last one month. However, the company's stock has fallen by 30.99% since the start of this year. VimpelCom Ltd's stock is trading above its 50-day moving average. The stock's 50-day moving average of $8.40 is below its 200-day moving average of $10.74. Moreover, the company's stock has an RSI of 65.41. Sign up today to read free research on VIP at:



http://www.investor-edge.com/3631-VIP-10Jun2014.pdf



On Monday, shares in Tim Participacoes S.A. recorded a trading volume of 1.07 million shares, near its three months average volume of 1.09 million shares. The stock finished the day at $30.07, which was 2.04% higher its previous day's closing of $29.47, and registered an intraday range of $29.25 and $30.13. Tim Participacoes S.A.'s stock has surged 8.91% in the previous three trading sessions and 8.79% in the last one month. Moreover, the company's shares have gained 14.60% on YTD basis. Tim Participacoes S.A.'s shares are trading above their 50-day and 200-day moving averages of $26.51 and $25.27, respectively. Additionally, the company's stock has an RSI of 72.19. Sign up today to read free research on TSU at:



http://www.investor-edge.com/3631-TSU-10Jun2014.pdf



Shares in Mobile Telesystems OJSC stock fluctuated between $19.02 and $19.46 before ending Monday's session 1.55% lower at $19.03. The company's stock reported a trading volume of 2.21 million shares, which was below its three months average volume of 3.45 million shares. Mobile Telesystems OJSC's stock has advanced 0.79% over the previous three trading sessions and 11.88% in the last one month, although, the stock has lost 12.02% on YTD basis. Mobile Telesystems OJSC's stock is trading above its 50-day moving average. The stock's 50-day moving average of $17.32 is below its 200-day moving average of $19.57. Furthermore, the company's stock has an RSI of 73.15. Sign up today to read free research on MBT at:



http://www.investor-edge.com/3631-MBT-10Jun2014.pdf





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EDITOR'S NOTES:

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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.



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SOURCE Investor-Edge



This article appears in: News Headlines

Referenced Stocks: MBT, S, TSU, VIP


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