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LONDON, May 6, 2014 /PRNewswire/ --
The markets on Monday, May 05, 2014 ended on a higher note as the S&P 500 finished the session 0.19% higher at 1,884.66, and the NASDAQ Composite closed at 4,138.06, up 0.34%. The Dow Jones Industrial Average finished at 16,530.55, up 0.11%. During the session, the eight out of ten sectors ended in positive. During the session gains in the Utilities, Health Care, and Materials sectors positively impacted the broader market, while some retraction came in from Consumer Staples and Financials sectors. The S&P 500 Information Technology Sector Index closed the day at 598.50, up 0.40%, with the index also advancing 6.70% in the previous three months. Investor-Edge has initiated coverage on the following equities: Liquidity Services Inc. (NASDAQ:LQDT), MercadoLibre Inc. (NASDAQ:MELI), International Business Machines Corporation (NYSE:IBM) and Accenture PLC (NYSE:ACN). Free technical research on LQDT, MELI, IBM and ACN can be downloaded upon signing up at:
On Monday, shares in Liquidity Services Inc. advanced 1.22%, to close the day at $17.49. The stock recorded a trading volume of 0.55 million shares, below its three months average volume of 0.94 million shares. The stock oscillated between $17.02 and $17.77 during the session. Liquidity Services Inc.'s stock has gained 1.39% in the previous three trading sessions. However, the stock has lost 4.22% in the last one month and 22.82% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. The company stock's 200-day moving average of $25.74 is above its 50-day moving average of $22.51. Further, the stock traded at a PE ratio of 13.56 and has a Relative Strength Index (RSI) of 28.32. Sign up today to read free research on LQDT at:
Shares in MercadoLibre Inc.'s finished the Monday's session 0.73% lower at $88.47. A total of 0.23 million shares were traded, which was below its three months average volume of 0.78 million shares. The stock moved between $87.67 and $89.17 during the session. Shares of the company traded at a PE ratio of 31.71. Over the previous three trading sessions and last one month, MercadoLibre Inc.'s shares have declined 5.15% and 0.76%, respectively. Additionally, the stock has lost 17.92% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages of $93.20 and $110.10, respectively. MercadoLibre Inc.'s stock has an RSI of 48.81. Sign up today to read free research on MELI at:
On Monday, International Business Machines Corp.'s stock fluctuated between $189.90 and $191.49 before ending the session 0.09% lower at $191.26. International Business Machines Corp.'s stock reported a trading volume of 2.22 million shares, much below its three months average volume of 5.26 million shares. International Business Machines Corp.'s shares have gained 9.77% in the previous three months and 1.97% on YTD basis. However, the company's stock has fallen by 0.27% in the last one month. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $189.96 is above its 200-day moving average of $185.42. Additionally, shares of the company traded at a PE ratio of 12.03 and have an RSI of 48.27. Sign up today to read free research on IBM at:
On Monday, shares in Accenture PLC recorded a trading volume of 1.91 million shares, below its three months average volume of 3.07 million shares. The stock finished the day at $79.00, down 0.45%, and registered an intraday range of $78.38 and $79.18.The company stock traded at a PE ratio of 19.13. Accenture PLC's shares have advanced 1.10% in the last one month and 1.84% in the previous three months. However, the stock has lost 3.92%, since the start of this year. Furthermore, the company's stock is trading above its 200-day moving average of $77.56. Shares of the company have an RSI of 48.43. Sign up today to read free research on ACN at:
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