Pre-Market Analysis: Nuance Comm. Inc., Fortinet Inc., SAP AG, and Catamaran
Editor Note: For more information about this release, please scroll to bottom.
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:
1.This is not company news. We are an independent source and our views do
not reflect the companies mentioned.
2.Information in this release is fact checked and produced on a best efforts
basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are
only human and are prone to make mistakes. If you notice any errors or
omissions, please notify us below.
3.This information is submitted as a net-positive to companies mentioned, to
increase awareness for mentioned companies to our subscriber base and the
4.If you wish to have your company covered in more detail by our team, or
wish to learn more about our services, please contact us at
5.For any urgent concerns or inquiries, please contact us at
6.Are you a public company? Would you like to see similar coverage on your
company? Send us a full investors' package to
research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Equity News Network.
An outsourced research services provider represented by Ananya Ghosh, CFA, has
only reviewed the information provided by Equity News Network in this article
or report according to the Procedures outlined by Equity News Network. Equity
News Network is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or otherwise),
of the information provided in this document. This information is not to be
construed as personal financial advice. Readers are encouraged to consult
their personal financial advisor before making any decisions to buy, sell or
hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned
at the time of printing of this document or any error, mistake or shortcoming.
No liability is accepted by Equity News Network whatsoever for any direct,
indirect or consequential loss arising from the use of this document. Equity
News Network expressly disclaims any fiduciary responsibility or liability for
any consequences, financial or otherwise arising from any reliance placed on
the information in this document. Equity News Network does not (1) guarantee
the accuracy, timeliness, completeness or correct sequencing of the
information, or (2) warrant any results from use of the information. The
included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
SOURCE AAA Research Reports
Contact: +1(646)396-9126 Peter F. Jones email@example.com
Press spacebar to pause and continue. Press esc to stop.