NEW YORK, NY / ACCESSWIRE / August 15, 2018 / U.S. equities snapped losses on Tuesday, as panic over Turkey’s currency eased and market participants focused on upbeat corporate earnings and strong economic data. The NFIB’s (National Federation of Independent Business) small-business optimism index rose 0.7 points in July, its 2nd-highest level ever. The Dow Jones Industrial Average increased 0.45
“I think that you’re getting a bounce today because of the action of the past couple of days,” according to Robert Pavlik,
RDI Initiates Coverage on:
Micron Technology, Inc.
Enphase Energy, Inc.
Micron Technology's stock moved 1.4% lower Tuesday, to close the day at $50.62. The stock recorded a trading volume of 32,050,195 shares, which was below its three months average volume of 44,927,306 shares. In the last year, Micron Technology's shares have traded in a range of 29.14 - 64.66. The share price has gained 73.71% 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 $53.78 is above its 200-day moving average of $52.55. Shares of the company are trading at a Price to Earnings ratio of 5.08. Shares of Micron Technology have fallen roughly 10.17
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On Tuesday, shares of Enphase Energy recorded a trading volume of 4,345,211 shares, which was above the three months average volume of 3,916,021 shares. The stock ended the day 5.96% lower at $5.05. The share price has fallen 33.55% from its 52
Access RDI's Enphase Energy, Inc. Research Report at:
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