NEW YORK, NY / ACCESSWIRE / February 20, 2018 / U.S. markets closed Friday with weekly gains in the range of 4 percent to 5 percent. The Dow Jones Industrial Average gained 0.08 percent to close at 25,219.38, while the S&P 500 increased 0.04 percent to close at 2,732.22. Both, Dow and S&P 500 were up 4.3 percent for the week. The Nasdaq Composite Index dropped 0.23 percent to close at 7,239.47, however posting weekly gains of 5.3 percent. With trading closed on Monday to celebrate President's Day, investors had some time to analyze recent events.
"Events over the past few weeks serve as a salutary reminder of both the dangers of crowded positions and of the power of technical forces when combined with consensual positioning," said Erin Browne, head of asset allocation at UBS.
RDI Initiates Coverage on:
AMN Healthcare Services Inc.
AMN Healthcare Services' stock moved 4.34% higher Friday, to close the day at $56.50. The stock recorded a trading volume of 1,109,797 shares, which was above its three months average volume of 461,031 shares. In the last year, AMN Healthcare Services' shares have traded in a range of 34.71 - 57.75. The share price has gained 62.78% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $51.45 is greater than its 200-day moving average of $44.91. Shares of AMN Healthcare Services are trading at a Price to Earnings ratio of 21.08. Shares of AMN Healthcare Services have gained roughly 11.55 percent in the past month and are up 14.72 percent year-to-date.
Access RDI's AMN Healthcare Services Inc. Research Report at:
On Friday, shares of 3M recorded a trading volume of 2,221,752 shares, which was below the three months average volume of 2,378,539 shares. The stock ended the day 0.77% higher at 236.67. The share price has gained 30.01% from its 52 week low with a 52 week trading range of 182.04 - 259.77. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $241.22 is greater than its 200-day moving average of $225.89. Shares of the company are trading at a Price to Earnings ratio of 29.84. Shares of 3M have fallen roughly 4.64 percent in the past month and are up 0.55 percent year-to-date.
Access RDI's Century Aluminum Company Research Report at:
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