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LONDON, May 22, 2014 /PRNewswire/ --
The markets on Wednesday, May 21, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,533.06, up 0.97% and the NASDAQ Composite closed at 4,131.54, up 0.85%. The S&P 500 finished the day 0.81% higher at 1,888.03. The gains were broad based as all the ten sectors finished on a positive note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include The Allstate Corporation (NYSE: ALL), Level 3 Communications Inc. (NYSE: LVLT), SL Green Realty Corp. (NYSE: SLG) and United Insurance Holdings Corp. (NASDAQ: UIHC). Free technical research on ALL, LVLT, SLG and UIHC can be downloaded upon signing up at:
The Allstate Corp.'s stock ended the day at $58.42, up 0.59%, hitting a new 52-week high of $58.69. A total of 1.52 million shares were traded on Wednesday, below its three months average volume of 2.60 million shares. The stock moved between $58.21 and $58.69 during the session. Over the previous three trading sessions and in the last one month, The Allstate Corp.'s shares have gained 1.18% and 4.75%, respectively. Moreover, the company's stock has gained an upside of 7.11% since the beginning of the year. The company's shares are trading above their 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $56.43 is greater than its 200-day moving average of $53.34. The Allstate Corp.'s stock traded at a PE ratio of 10.29 and has a Relative Strength Index (RSI) of 61.72. Sign up today to read free research on ALL at:
On Wednesday, shares in Level 3 Communications Inc. oscillated between $43.93 and $44.59, hitting a new 52-week high of $44.59. The company's shares closed the day 0.50% higher at $44.05. Shares in Level 3 Communications Inc. reported a trading volume of 1.15 million shares, which was below its three months average volume of 1.61 million shares. Shares of the company traded at a PE ratio of 56.47. Level 3 Communications Inc.'s shares have surged 15.10% in the last one month, 14.80% in the previous three months and 32.80% on YTD basis. The S&P 500 Telecommunication Services Sector Index mapped a gain of 0.09% during the session, and the index has advanced 0.53% in the last one month. Level 3 Communications Inc.'s stock is trading above its 50-day and 200-day moving averages of $39.87 and $32.30, respectively. Furthermore, shares of the company have an RSI of 64.38. Sign up today to read free research on LVLT at:
Shares in SL Green Realty Corp. edged 0.11% lower on Wednesday, finishing the day at $108.25, hitting a new 52-week high of $109.90. The stock recorded a trading volume of 0.38 million shares, below its three months average volume of 0.59 million shares. The stock oscillated between $108.09 and $109.90 during the trading session. Over the last one month and from the year's start, SL Green Realty Corp.'s shares have advanced 6.01% and 17.18%, respectively. However, the stock has edged lower by 0.29% in the previous three trading sessions. The S&P 500 Financials Sector Index advanced 0.78% during the session, and the index has gained 0.65% in the previous three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages of $102.54 and $94.77, respectively. Moreover, the company's shares traded at a PE ratio of 88.73 and have an RSI of 69.12. Sign up today to read free research on SLG at:
On Wednesday, shares in United Insurance Holdings Corp. advanced 3.34%, closing the day at $17.92, after hitting a new 52-week high of $18.26. The stock recorded a trading volume of 0.54 million shares, above its three month average volume of 0.25 million shares. Shares of the company traded at a PE ratio of 10.85. United Insurance Holdings Corp.'s shares have gained 10.96% in the previous three trading sessions, 26.02% in the last one month and 27.27% on YTD basis. The S&P 500 Financials Sector Index mapped a gain of 0.78% during the session, while the index has edged lower by 0.08% on YTD basis. United Insurance Holdings Corp.'s stock is trading above its 50-day and 200-day moving averages of $15.09 and $11.72, respectively. Further, shares of the company have an RSI of 70.43. Sign up today to read free research on UIHC at:
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