Pre-Market Review: Renren, Outerwall, UTi Worldwide, and AerCap
LONDON, July 31, 2013
LONDON, July 31, 2013 /PRNewswire/ --
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As per a report from the Institute for Supply Management (ISM) released
earlier this month, the pace of growth in the U.S.'s vast services sector
slowed in the month of June 2013. The reading on ISM's services sector index
came in at 52.20 in June, down from 53.70 in the month of May. This was the
weakest level in more than three years. The services sector's companies such
as Renren Inc. (NYSE: RENN), Outerwell Inc. (NASDAQ: OUTR), UTi Worldwide Inc.
(NASDAQ: UTIW), and AerCap Holdings N.V. (NYSE: AER) will be hoping for a
rebound in services sector activity in July 2013. On Tuesday, July 30, 2013,
shares in the services sector companies ended on a mixed note, tracking the
broader market which also finished on a mixed note as market participants
remained on the sidelines ahead of the release of Federal Reserve's monetary
policy statement. AAAResearchReports.com initiated preliminary technical
research on RENN, OUTR,UTIW, and AER. These free reports are accessible by
signing today at:
Shares in Renren Inc.'s shares oscillated between $3.31 and $3.39 before
finishing the day flat at $3.35. A total of 1.69 million shares were traded
which is below the daily average volume of 1.82 million. The company's shares
have gained 2.76% in the last three trading sessions as compared to a loss of
0.25% in the S&P 500. The stock is currently trading above its 50-day and
200-day moving averages. The free technical analysis on RENN is available by
signing up at:
Outerwall Inc.'s shares oscillated between $54.73 and $55.99 before finishing
the day 0.05% higher at $55.61. A total of 1.06 million shares were traded
which is above the daily average volume of 0.67 million. Outerwall's shares
have fallen by 14.84% in the last three trading sessions.Nonetheless, the
stock has gained 5.30% in the last three months as compared to a gain of 5.53%
in the S&P 500. Register now to download free research on OUTR at:
Shares in UTi Worldwide Inc. edged higher on Tuesday even as the broader
market finished on a mixed note. The company's shares oscillated between
$16.27 and $16.52. A total of 211,686 shares were traded which is below the
daily average volume of 874,111. The company's shares have fallen by 0.37% in
the last three trading sessions. In the last three months, however, the stock
has gained 11.23%, thus outperforming the S&P 500. A free report on UTIW can
be accessed by registering at:
AerCap Holdings N.V.'s stock edged lower on Tuesday finishing at $17.51, down
0.62% from its previous closing price. The company's shares oscillated between
$17.41 and $17.81. A total of 140,510 shares were traded which is less than
the daily average volume of 329,230. AerCap Holdings' shares have gained
10.33% in the last three months, consequently outperforming the S&P 500.
Register with AAA Research Reports and download research on AER for free at:
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