Today's Research Reports on Trending Tickers: USANA Health Sciences and The Procter & Gamble
NEW YORK, NY / ACCESSWIRE / October 25, 2018 / U.S. stocks plunged on Wednesday as a sharp selloff in technology shares was triggered by losses from the FANG stocks (Facebook, Amazon, Netflix and Google parent Alphabet). The Dow Jones Industrial Average dropped 2.41 percent to close at 24,583.42, while the S&P 500 Index decreased 3.09 percent to close at 2,656.10. The Nasdaq Composite Index shed 4.43 percent to close at 7,108.40.
“It’s definitely becoming a stock picker’s market,” Amanda Agati, co-chief investment strategist at PNC Financial Services Group said. “Companies that beat expectations and raise guidanceget rewarded. Companies that miss or even report in line with expectations get pummeled,” she added.
RDI Initiates Coverage on:
USANA Health Sciences, Inc.
https://rdinvesting.com/news/?ticker=USNA
The Procter & Gamble Company
https://rdinvesting.com/news/?ticker=PG
USANA Health Sciences' stock jumped 3.83% Wednesday, to close the day at $109.46. The stock recorded a trading volume of 690,877 shares, which was above its three months average volume of 160,416 shares. In the last year, USANA Health Sciences' shares have traded in a range of 64.20 - 137.95. The share price has gained 70.5% 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 $117.42 is above its 200-day moving average of $116.80. Shares of the company are trading at a Price to Earnings ratio of 33.14. Shares of USANA Health Sciences have fallen roughly 10.54 percent in the past month and are up 47.82 percent year-to-date.
Access RDI's USANA Health Sciences, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=USNA
On Wednesday, shares of The Procter & Gamble recorded a trading volume of 26,703,538 shares, which was above the three months average volume of 7,869,756 shares. The stock ended the day 2.64% higher at $89.46. The share price has fallen 3.95% from its 52week high with a52 week trading range of 70.73 - 93.14. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $83.02 is above its 200-day moving average of $78.99. Shares of the company are trading at a Price to Earnings ratio of 23.39. Shares of The Procter & Gamble have gained roughly 6.16 percent in the past month and are down 2.63 percent year-to-date.
Access RDI's The Procter & Gamble Company Research Report at:
https://rdinvesting.com/news/?ticker=PG
Our Actionable Research on USANA Health Sciences, Inc. (NYSE:USNA) and The Procter & Gamble Company (NYSE:PG) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
