Today's Research Reports on Trending Tickers: JD.com and ANGI Homeservices
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / U.S. equities plunged on Friday as rising currency crisis in Turkey fueled a global market pullback. The Turkish lira is down 20 percent this week, slumping more than 40 percent year-to-date, according to data from FactSet. The Dow Jones Industrial Average decreased 0.77 percent to close at 25,313.14, while the S&P 500 Index fell 0.71 percent to close at 2,833.28. The Nasdaq Composite Index dropped 0.67 percent to close at 7,839.11.
"Turkey's currency volatility has recently accelerated and now gotten to the point where it's beginning to impact global markets as investors worry about European banking exposure," said managing director of global markets research at FTSE Russell, Alec Young.
RDI Initiates Coverage on:
JD.com, Inc.
https://rdinvesting.com/news/?ticker=JD
ANGI Homeservices Inc.
https://rdinvesting.com/news/?ticker=ANGI
JD.com's stock moved 0.64% lower Friday, to close the day at $35.79. The stock recorded a trading volume of 8,679,163 shares, which was below its three months average volume of 13,432,385 shares. In the last year, JD.com's shares have traded in a range of 34.76 - 50.68. The share price has gained 2.96% 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 $37.34 is below its 200-day moving average of $40.46. Shares of the company are trading at a Price to Earnings ratio of 295.79. Shares of JD.com have fallen roughly 7.09 percent in the past month and are down 13.59 percent year-to-date.
Access RDI's JD.com, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=JD
On Friday, shares of ANGI Homeservices recorded a trading volume of 2,722,180 shares, which was above the three months average volume of 589,338 shares. The stock ended the day 8.08% higher at $19.66. The share price has fallen 0.41% from its 52 week high with a 52 week trading range of 10.24 - 19.74. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $16.21 is above its 200-day moving average of $14.84. Shares of ANGI Homeservices have gained roughly 19.88 percent in the past month and are up 87.95 percent year-to-date.
Access RDI's ANGI Homeservices Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ANGI
Our Actionable Research on JD.com, Inc. (NASDAQ :JD) and ANGI Homeservices Inc. (NASDAQ :ANGI) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
