Today's Research Reports on Trending Tickers: Science Applications and Infosys
NEW YORK, NY / ACCESSWIRE / December 10, 2018 / U.S. stocks closed in the red on Friday as U.S. jobs report fell short of expectations and uncertainty over the U.S. -China trade talk spur markets lower. The Dow Jones Industrial Average fell 2.24 percent to close at 24,388.95, while the S&P 500 Index decreased 2.33 percent to close at 2,633.08. The Nasdaq Composite Index dropped 3.05 percent to close at 6,969.25. The U.S. Labor Department reported an increase of 155,000 jobs in November, compared to 190,000 increase forecasted economists polled by MarketWatch. For the week, the Dow Jones shed 4.5 percent, while the S&P 500 and Nasdaq declined 4.6 percent and 4.9 percent, respectively.
The MarketEdge Initiates Coverage on:
ScienceApplications International Corporation
https://marketedgereport.com/report/SAIC/
InfosysLimited
https://marketedgereport.com/report/INFY/
Science Applications' stock jumped 6.87% Friday, to close the day at $69.40. The stock recorded a trading volume of 774,048 shares, which was above its three months average volume of 392,068 shares. In the last year, Science Applications' shares have traded in a range of 63.15 - 93.31. The share price has gained 9.9% 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 $69.34 is below its 200-day moving average of $80.01. Shares of the company are trading at a Price to Earnings ratio of 15.31. Shares of Science Applications have fallen roughly 3.21 percent in the past month and are down 9.36 percent year-to-date.
Access TheMarket Edge's Science Applications International Corporation Research Report:
https://marketedgereport.com/report/SAIC/
On Friday, shares of Infosys recorded a trading volume of 11,353,187 shares, which was above the three months average volume of 9,981,020 shares. The stock ended the day 1.42% lower at $9.69. The share price has fallen 9.01% from its 52 week high with a 52 week trading range of 7.85 - 10.65. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $9.41 is below its 200-day moving average of $9.78. Shares of the company are trading at a Price to Earnings ratio of 17.15. Shares of Infosys have gained roughly 2.11 percent in the past month and are up 19.48 percent year-to-date.
Access TheMarket Edge's Infosys Limited Research Report:
https://marketedgereport.com/report/INFY/
Our Actionable Research on Science Applications International Corporation (NYSE:SAIC) and Infosys Limited (NYSE:INFY) can be downloaded free of charge at The Market Edge.
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SOURCE: MarketEdgeReport
