Today's Research Reports on Trending Tickers: Palo Alto Networks and MongoDB
NEW YORK, NY / ACCESSWIRE / September 11, 2018 / U.S. markets were mixed Monday, with the Nasdaq and S&P 500 closing in the green as the technology sector rallied. The Dow Jones Industrial Average declined 0.23 percent to close at 25,857.07, while the S&P 500 Index increased 0.19 percent to close at 2,877.13. The Nasdaq Composite Index gained 0.27 percent to close at 7,924.16.
“We’re still near all-time highs despite last week’s selloff, but the main priority for investors will be to take a look at what all is going on. There’s so much to take in this week — between tariffs, tech, all the economic data that will come out — and with all those moving parts, no single thing can be pulled out as the factor moving markets,” said senior equity options strategist of E-Trade, Mary Ryan.
RDI Initiates Coverage on:
Palo Alto Networks, Inc.
https://rdinvesting.com/news/?ticker=PANW
MongoDB, Inc.
https://rdinvesting.com/news/?ticker=MDB
Palo Alto Networks' stock jumped 3.74% Monday, to close the day at $236.12. The stock recorded a trading volume of 2,263,620 shares, which was above its three months average volume of 1,272,500 shares. In the last year, Palo Alto Networks' shares have traded in a range of 135.85 - 237.82. The share price has gained 73.81% 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 $215.01 is above its 200-day moving average of $201.52. Shares of Palo Alto Networks have gained roughly 11.05 percent in the past month and are up 62.91 percent year-to-date.
Access RDI's Palo Alto Networks, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=PANW
On Monday, shares of MongoDB recorded a trading volume of 1,371,901 shares, which was above the three months average volume of 941,210 shares. The stock ended the day 4.2% higher at $83.30. The share price has fallen 0.14% from its 52 week high with a 52 week trading range of 24.62 - 83.42. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $65.19 is above its 200-day moving average of $49.74. Shares of MongoDB have gained roughly 32.01 percent in the past month and are up 180.66 percent year-to-date.
Access RDI's MongoDB, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MDB
Our Actionable Research on Palo Alto Networks, Inc. (NYSE:PANW) and MongoDB, Inc. (NASDAQ:MDB) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
https://www.accesswire.com/511716/Todays-Research-Reports-on-Trending-Tickers-Palo-Alto-Networks-and-MongoDB
