Today's Research Reports on Trending Tickers: Square and The Trade Desk
NEW YORK, NY / ACCESSWIRE / September 26, 2018 / U.S. equities were mixed on Tuesday as concerns of a potential trade war linger and investors look forward to details from the upcoming Fed monetary policy meeting. The Dow Jones Industrial Average dropped 0.26 percent to close at 26,492.21, while the S&P 500 Index declined 0.13 percent to close at 2,915.56. The Nasdaq Composite Index rose 0.18 percent to close at 8,007.47.
“Investors have been digesting the idea of a full-blown trade war for months now, and on top of that, they are already aware of what could be the next steps. Yesterday’s market reaction corroborates our view,” said Charalambos Pissouros, senior market analyst at JFD Brokers.
RDI Initiates Coverage on:
Square, Inc.
https://rdinvesting.com/news/?ticker=SQ
The Trade Desk, Inc.
https://rdinvesting.com/news/?ticker=TTD
Square's stock jumped 10.82% Tuesday, to close the day at $95.35. The stock recorded a trading volume of 28,195,216 shares, which was above its three months average volume of 10,177,929 shares. In the last year, Square's shares have traded in a range of 27.38 - 96.00. The share price has gained 248.25% 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 $81.37 is above its 200-day moving average of $63.70. Shares of Square have gained roughly 21.96 percent in the past month and are up 175.02 percent year-to-date.
Access RDI's Square, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SQ
On Tuesday, shares of The Trade Desk recorded a trading volume of 2,153,454 shares, which was above the three months average volume of 984,378 shares. The stock ended the day 11.01% higher at $154.68. The share price has fallen 0.74% from its 52 week high with a 52 week trading range of 40.70 - 155.84. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $132.79 is above its 200-day moving average of $88.42. Shares of the company are trading at a Price to Earnings ratio of 124.74. Shares of The Trade Desk have gained roughly 11.80 percent in the past month and are up 238.25 percent year-to-date.
Access RDI's The Trade Desk, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TTD
Our Actionable Research on Square, Inc. (NYSE:SQ) and The Trade Desk, Inc. (NASDAQ:TTD) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
