Quick Market Round-up Before the Bell: Verizon Communications, TIM
Participacoes, Cincinnati Bell, and Ubiquiti Networks
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LONDON, January 2, 2014
LONDON, January 2, 2014 /PRNewswire/ --
On Tuesday, December 31, 2013, the US equity market ended on a positive note.
The S&P 500 closed the day 0.40% higher at 1,848.36; the Dow Jones Industrial
Average finished 0.44% higher at 16,576.66; and the NASDAQ Composite ended
0.54% higher at 4,176.59. The S&P 500 Telecommunication Services Sector Index
ended the day at 155.52, down 0.08%; and the same has advanced 3.50% in the
previous three months, underperforming the S&P 500, which has gained 9.05%,
during the same period. The major movers in the Telecommunication Services
Sector included Verizon Communications Inc. (NYSE: VZ), TIM Participacoes S.A.
(NYSE: TSU), Cincinnati Bell Inc. (NYSE: CBB), and Ubiquiti Networks Inc.
(NASDAQ: UBNT). AAAResearchReports.com has released full comprehensive
research on VZ, TSU, CBB, and UBNT. These free technical analyses can be
downloaded by signing up at:
On Tuesday, shares in Verizon Communications Inc. ended the day at $49.14,
which is 0.02% lower than the previous day's closing price of $49.15. The
company's shares vacillated between $48.78 and $49.22 during the trading
session. A total of 7.56 million shares were traded, which is below the daily
average volume of 12.58 million. The company's shares have advanced 4.58% in
the previous three month, compared to gain of 9.05% in the S&P 500 during the
same period. However, Verizon Communications Inc.'s stock is trading below its
50-day and 200-day moving averages of $49.73 and $49.65, respectively. A free
technical analysis on VZ available by signing up at:
Shares in TIM Participacoes S.A. edged 0.38% higher on Tuesday, closing the
day at $26.24. The company's shares fluctuated between $25.89 and $26.29
during the trading session. A total of 0.26 million shares were traded, which
is below the daily average volume of 1.65 million. The company's shares have
gained 5.89% in the last one month and 7.85% in the previous three months,
compared to a gain of 2.36% and 9.05% in the S&P 500 during the respective
periods. Furthermore, TIM Participacoes S.A.'s stock is trading above its
50-day and 200-day moving averages of $25.06 and $21.83, respectively.
Register today and access free research on TSU at:
On Tuesday's, Cincinnati Bell Inc.'s stock finished the day at $3.56, up 2.59%
from the previous day's closing price of $3.47. The company's shares
oscillated between $3.38 and $3.59 during the trading session. A total of 1.69
million shares were traded, which is above the daily average volume of 1.35
million. The company's shares have surged 11.25% in the last one month and
28.06% in the previous three months, outperforming the S&P 500, which has
gained 2.36% and 9.05%, during the respective periods. Additionally,
Cincinnati Bell Inc.'s stock is trading above its 50-day moving average of
$3.22. The free report on CBB can be downloaded by signing up now at:
Ubiquiti Networks Inc.'s stock advanced on Tuesday, hitting a new 52-week high
of $46.88. The company's stock ended the day at $45.96, up 2.73% from the
previous day's closing price of $44.74. A total of 0.71 million shares were
traded, which is below the daily average volume of 0.92 million. The company's
shares have surged 16.65% in the last one month and 30.49% in the previous
three months, outperforming the S&P 500, which has gained 2.36% and 9.05%,
during the respective periods. Moreover, Ubiquiti Networks Inc.'s stock is
trading above its 50-day and 200-day moving averages of $40.58 and $27.12,
respectively. A free report on UBNT can be accessed by registering at:
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