Technical Scrutiny: Jabil Circuit Inc., JA Solar Holdings Co. Ltd, and IPG
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LONDON, October 3, 2013
LONDON, October 3, 2013 /PRNewswire/ --
The U.S. equity market ended the day lower on Wednesday, October 2, 2013. The
Dow Jones Industrial Average closed at 15,133.14, down 0.39%; the S&P 500
closed at 1,693.87, down 0.07%; and the NASDAQ Composite finished at 3,815.02,
down 0.08%. Shares in the technology sector ended mostly on a higher note,
even as the broader market posted losses. The major movers in the sector
included Jabil Circuit Inc. (NYSE: JBL), JA Solar Holdings Company Ltd.
(NASDAQ: JASO), and IPG Photonics Corporation (NASDAQ: IPGP).
AAAResearchReports.com has tracked JBL, JASO, and IPGP. These reports can be
seen for free at:
Shares in Jabil Circuit Inc. ended slightly lower on Wednesday, reversing some
of the gains from the previous trading session. The company's shares closed
the day 0.09% lower at an intra-day high of $21.88 after oscillating between
$21.47 and $21.88 during the trading session. A total of 3.10 million shares
were traded, which is above the daily average volume of 2.00 million. Jabil
Circuit Inc.'s shares have gained 5.91% in the previous three months and 2.15%
in the last three trading sessions, compared to a gain of 4.86% and 0.13% in
the S&P 500 during the respective periods. Further, the company's stock is
currently trading above its 200-day moving average of $20.16. Download free
research on JBL by signing up now at:
JA Solar Holdings Co. Ltd's stock rose sharply on Wednesday, even as the
broader market edged lower. The company's shares closed at $10.58, up 1.24%,
after oscillating between $10.21 and $10.75. A total of 2.81 million shares
were traded, which is above the daily average volume of 2.46 million. The
company's shares have rallied 50.93% in the previous three months and 41.44%
in the last one month, outperforming the S&P 500 which has gained 4.86% and
3.30% during the respective periods. Further, JA Solar Holdings Co. Ltd's
stock is trading near its 52-week high of $11.40 as well as above its 50-day
and 200-day moving averages of $8.64 and $6.38, respectively. A free report on
JASO can be accessed by registering at:
Shares in IPG Photonics Corp. also rose sharply on Wednesday, finishing at
$58.36, up 1.65% from the previous day's closing price of $57.41. The
company's shares oscillated between $56.92 and $58.46 during the trading
session. A total of 0.33 million shares were traded, which is below the daily
average volume of 0.46 million. The company's stock has advanced 1.80% in the
last three trading sessions and 7.00% in the last one month, compared to a
gain of 0.13% and 3.30% in the S&P 500 during the respective periods.
Additionally, IPG Photonics Corp.'s stock is trading above its 200-day moving
average of $58.18. Register with AAA Research Reports and download research on
IPGP for free at:
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