Today's Research Reports on Trending Tickers: DocuSign and Zscaler
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / U.S. equities finished modestly lower on Thursday as trade concerns were reignited after the arrest of a Huawei senior executive. The Dow Jones Industrial Average fell 0.32 percent to close at 24,947.67, while the S&P 500 Index decreased 0.15 percent to close at 2,695.95. The Nasdaq Composite Index gained 0.42 percent to close at 7,188.26.
Head of Research at LCG, Jasper Lawler said, “The timing of the arrest is key here. Markets are already incredibly nervous over slowing economic growth thanks to the inverted U.S. yield curve. Relations between the U.S. and China were supposed to be on the mend after a productive G-20. However, the arrest has the potential to shatter very fragile U.S.-Sino relations which will weigh further on global trade and growth concerns.”
The Market Edge Initiates Coverage on:
DocuSign, Inc.
https://marketedgereport.com/report/DOCU/
Zscaler, Inc.
https://marketedgereport.com/report/ZS/
DocuSign's stock moved 0.72% higher Thursday, to close the day at $41.77. The stock recorded a trading volume of 3,001,595 shares, which was above its three months average volume of 2,169,232 shares. In the last year, DocuSign's shares have traded in a range of 37.00 - 68.35. The share price has gained 12.89% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $49.91 is below its 200-day moving average of $52.79. Shares of DocuSign have fallen roughly 1.83 percent in the past month and are up 5.13 percent year-to-date.
Access The Market Edge's DocuSign, Inc. Research Report:
https://marketedgereport.com/report/DOCU/
On Thursday, shares of Zscaler recorded a trading volume of 5,615,955 shares, which was above the three months average volume of 1,497,329 shares. The stock ended the day 15.51% higher at $42.98. The share price has fallen 10.9% from its 52 week high with a 52 week trading range of 24.76 - 48.24. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $39.51 is above its 200-day moving average of $35.86. Shares of Zscaler have gained roughly 4.91 percent in the past month and are up 30.24 percent year-to-date.
Access The Market Edge's Zscaler, Inc. Research Report:
https://marketedgereport.com/report/ZS/
Our Actionable Research on DocuSign, Inc. (NASDAQ:DOCU) and Zscaler, Inc. (NASDAQ:ZS) can be downloaded free of charge at The Market Edge.
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SOURCE: The Market Edge
