Technical Roundup on Internet Software & Services Stocks -- Research on AOL, Conversant, VeriSign, and 58.com - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Technical Roundup on Internet Software & Services Stocks -- Research on AOL, Conversant, VeriSign, and 58.com

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SOURCE Investor-Edge

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LONDON, May 9, 2014 /PRNewswire/ --

On Thursday, May 08, 2014, the NASDAQ Composite ended at 4,051.50, down 0.40%, the Dow Jones Industrial Average finished the day 0.20% higher at 16,550.97, and the S&P 500 closed at 1,875.63, down 0.14%. During the trading session, five out of ten sectors finished positive. The S&P 500 Information Technology Sector Index ended the day at 590.83, up 0.06%, and the index has advanced 0.53% in the last one month. Investor-Edge has initiated coverage on the following equities: AOL Inc. (NYSE: AOL), Conversant Inc. (NASDAQ: CNVR), VeriSign Inc. (NASDAQ: VRSN) and 58.com Inc. (NYSE: WUBA). Free technical research on AOL, CNVR, VRSN and WUBA can be downloaded upon signing up at:


On Thursday, AOL Inc.'s stock recorded a trading volume of 3.56 million shares, higher than its three months average volume of 1.62 million shares. The stock finished the day at $36.39, up 4.42%, and registered an intraday range of $34.70 and $36.56. AOL Inc.'s shares have declined 16.42% in the past three trading sessions and 14.15% in the last one month. Also, the stock has lost 21.94% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $42.97 and $40.99, respectively. Additionally, shares of the company traded at a PE ratio of 20.87 and have a Relative Strength Index (RSI) of 25.75. Sign up today to read free research on AOL at:


Conversant Inc.'s stock gained 2.79%, to close Thursday's session at $23.92, after oscillating between $23.27 and $24.37. The stock recorded a trading volume of 1.27 million shares, above its three months average volume of 0.94 million shares. Over the last one month, Conversant Inc.'s shares have declined 8.60%. However, over the past three months and from the beginning of 2014, the company's stock has advanced 12.83% and 2.35%, respectively. The stock is trading above its 200-day moving average. The company stock's 50-day moving average of $25.58 is above its 200-day moving average of $22.71. Further, the company's stock traded at a PE ratio of 16.28 has an RSI of 32.57. Sign up today to read free research on CNVR at:


On Thursday, VeriSign Inc.'s stock finished the session 0.32% higher at $47.70. A total of 1.13 million shares were traded, which was below its three months average volume of 1.90 million shares. The stock moved between $47.26 and $48.43 during the session. Over the last one month and previous three months, VeriSign Inc.'s shares have lost 5.88% and 9.45%, respectively. Also, the stock has gone-down by 20.21% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $53.36 is greater than its 50-day moving average of $51.77. VeriSign Inc.'s stock traded at a PE ratio of 12.99 and it has an RSI of 34.72. Sign up today to read free research on VRSN at:


Shares in 58.com Inc. fluctuated between $37.60 and $39.86 before ending Thursday's session up 0.13%, at $38.02. The company's stock reported a trading volume of 1.10 million shares, below its three months average volume of 1.29 million shares. Further, 58.com Inc.'s shares have fallen by 12.50% over the last one month and 0.83% on YTD basis. However, the stock has surged 7.34% over the previous three months. The stock is trading below its 50-day moving average of $45.10. Moreover, shares of the company have an RSI of 40.77. Sign up today to read free research on WUBA at:



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