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LONDON, June 12, 2014 /PRNewswire/ --
The trading session on Wednesday, June 11, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,843.88, down 0.60% and the NASDAQ Composite closed at 4,331.93, down 0.14%. The S&P 500 finished the day 0.35% lower at 1,943.89. The losses were broad based as nine out of ten sectors finished on a negative note. The S&P 500 Telecommunication Services Sector Index finished the day 0.41% lower at 157.71, and the index has declined 1.22% in the previous one month. Investor-Edge has initiated coverage on the following equities: magicJack VocalTec Ltd (NASDAQ:CALL), CenturyLink Inc. (NYSE:CTL), Cincinnati Bell Inc. (NYSE:CBB) and BCE Inc. (NYSE:BCE). Free technical research on CALL, CTL, CBB and BCE can be downloaded upon signing up at:
Shares in magicJack VocalTec Ltd gained 2.17% on Wednesday, closing the day at $14.57. The stock recorded a trading volume of 0.59 million shares, below its three months average volume of 0.86 million shares. The company's shares oscillated between $14.02 and $14.93 during the session. Over the previous three trading sessions and from the beginning of 2014, magicJack VocalTec Ltd's shares have gained 4.22% and 22.33%, respectively. However, the company's stock has declined 16.70% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages. magicJack VocalTec Ltd's 50-day moving average of $17.41 is above its 200-day moving average of $15.18. Furthermore, the company's stock traded at a PE ratio of 3.90 and has a Relative Strength Index (RSI) of 37.50. Sign up today to read free research on CALL at:
CenturyLink Inc.'s stock recorded a trading volume of 3.85 million shares, which was below its three months average volume of 5.14 million shares. The company's stock ended the day at $36.43, which was 1.35% lower its previous day's closing of $36.93, and registered an intraday range of $36.35 and $36.95. The company's shares traded at a PE ratio of 35.97. Shares in CenturyLink Inc. have fallen by 1.30% in the previous three trading sessions and 0.36% in the last one month, while the shares have gained 14.38% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $35.65 and $32.52, respectively. Moreover, shares of the company have an RSI of 52.37. Sign up today to read free research on CTL at:
On Wednesday, shares in Cincinnati Bell Inc. fluctuated between $3.72 and $3.83 before ending the 1.57% lower at $3.76. The company's stock reported a trading volume of 0.58 million shares, which was below its three months average volume of 1.11 million shares. Shares of the company traded at a PE ratio of 76.57. Shares in Cincinnati Bell Inc. have declined 0.79% in the previous three trading sessions, although, the company's shares have traded flat in the last one month. Additionally, the company's stock is up 5.62% on YTD basis. Cincinnati Bell Inc.'s stock is trading above its 50-day and 200-day moving averages of $3.62 and $3.35, respectively. Further, the company's shares have an RSI of 54.69. Sign up today to read free research on CBB at:
BCE Inc.'s stock finished Wednesday's trading session 0.09% lower at $46.25. A total of 0.52 million shares were traded, near its three months average volume of 0.63 million shares. The stock moved between $46.20 and $46.44 during the session. BCE Inc.'s stock has gained 0.26% in the previous three trading sessions and 2.82% in the last one month. Moreover, the stock has advanced 6.84% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages of $44.90 and $43.40, respectively. Furthermore, BCE Inc.'s stock has an RSI of 62.64. Sign up today to read free research on BCE at:
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