Pre-Market Analysis: Nuance Comm. Inc., Fortinet Inc., SAP AG, and Catamaran
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LONDON, October 30, 2013
LONDON, October 30, 2013 /PRNewswire/ --
The U.S. equity market edged higher on Tuesday, October 29, 2013. The S&P 500
ended the day at 1,771.95, up 0.56%; the Dow Jones Industrial Average closed
at 15,680.35, up 0.72%; and the NASDAQ Composite finished at 3,952.34, up
0.31%. Shares in the application software industry finished on a mixed note
albeit the fact that the broader market posted gains. The major movers in the
industry included Nuance Communications Inc. (NASDAQ: NUAN), Fortinet Inc.
(NASDAQ: FTNT), SAP AG (NYSE: SAP), and Catamaran Corporation (NASDAQ: CTRX).
All these companies are tracked by AAAResearchReports.com. Free technical
research on NUAN, FTNT, SAP, and CTRX can be downloaded upon signing up at:
Nuance Communications Inc.'s stock declined 1.16% on Tuesday, even as the
broader market finished on a positive note. The company's shares ended the day
at$16.04after fluctuating between$15.87 and$16.34 during the trading
session. A total of 7.55 million shares were traded, which is above the daily
average volume of 4.47 million. Nuance Communications Inc.'s shares have
declined 1.47% in the previous three trading sessions, compared to a gain of
1.13% in the S&P 500 during the same period. Further, the company's stock is
trading below its 50-day and 200-day moving averages of $18.56 and $19.55,
respectively. Sign up and read the complimentary report on NUAN at:
Shares in Fortinet Inc. finished the day 0.30% higher at $20.14 after
fluctuating between $19.86 and $20.29 during Tuesday's trading session. A
total of 1.30 million shares were traded, which is below the daily average
volume of 2.00 million. The company's shares have lost 1.13% in the previous
three months, underperforming the S&P 500, which has advanced 5.14% during the
same period. However, Fortinet Inc.'s stock is trading below its 50-day and
200-day moving averages of $20.50 and $20.47, respectively. The free report on
FTNT can be downloaded by signing up now at:
On Tuesday, SAP AG's shares edged lower, ending the day at $79.09, which is
0.88% lower than the previous day's closing price of $79.79. The company's
shares fluctuated between $79.09 and $79.90 during the trading session. A
total of 0.74 million shares were traded, which is below the daily average
volume of 1.16 million. SAP AG's shares have advanced 6.36% in the previous
one month and 8.31% in the last three months, outperforming the S&P 500, which
has gained 4.74% and 5.14% during the respective periods. Moreover, the
company's stock is trading above its 50-day and 200-day moving averages of
$74.25 and $76.94, respectively. A free report on SAP can be accessed by
Shares in Catamaran Corp. advanced 0.40% on Tuesday, tracking gains in the
broader market. The company's shares fluctuated between$49.50 and
$50.51before ending the day at$49.85. A total of 1.49 million shares were
traded, which is below the daily average volume of 1.58 million. The company's
shares have gained 4.93% in the previous one month, outperforming the S&P 500,
which has gained 4.74% during the same period. Despite Tuesday's gains,
Catamaran Corp.'s stock is trading below its 50-day and 200-day moving
averages of $51.21 and $52.26, respectively. Register with AAA Research
Reports and download research on CTRX for free at:
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