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Today's Research Reports on Trending Tickers: Stamps.com and Nuance Communications

NEW YORK, NY / ACCESSWIRE / August 9, 2018 / U.S. equities were mixed on Wednesday as a result of disappointing corporate earnings combined with the latest trade news. The Dow Jones Industrial Average decreased 0.18 percent to close at 25,583.75, while the S&P 500 Index fell 0.03 percent to close at 2,857.70. The Nasdaq Composite Index climbed 0.06 percent to close at 7,888.33.

"Markets are heading into one of the slowest trading periods and it's not surprising to see small moves in either direction in the absence of big news," said chief market strategist, at Prudential Financial, Quincy Krosby. "With the earnings season almost over, investors will continue to react to trade-related headlines, which may take another full month before we get some news in mid-September," Krosby added.

RDI Initiates Coverage on:

Stamps.com Inc.
https://rdinvesting.com/news/?ticker=STMP

Nuance Communications, Inc.
https://rdinvesting.com/news/?ticker=NUAN

Stamps.com's stock moved 3.15% lower Wednesday, to close the day at $255.15. The stock recorded a trading volume of 241,561 shares, which was below its three months average volume of 263,473 shares. In the last year, Stamps.com's shares have traded in a range of 160.00 - 285.75. The share price has gained 59.47% 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 $266.21 is above its 200-day moving average of $230.95. Shares of the company are trading at a Price to Earnings ratio of 26.62. Shares of Stamps.com have fallen roughly 5.29 percent in the past month and are up 35.72 percent year-to-date.

Access RDI's Stamps.com Inc. Research Report at:
https://rdinvesting.com/news/?ticker=STMP

On Wednesday, shares of Nuance Communications recorded a trading volume of 1,309,769 shares, which was below the three months average volume of 3,243,332 shares. The stock ended the day 0.26% higher at $15.53. The share price has fallen 17.17% from its 52 week high with a 52 week trading range of 12.18 - 18.75. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $14.83 is below its 200-day moving average of $15.36. Shares of Nuance Communications have gained roughly 7.18 percent in the past month and are down 5.02 percent year-to-date.

Access RDI's Nuance Communications, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=NUAN

Our Actionable Research on Stamps.com Inc. (NASDAQ : STMP ) and Nuance Communications, Inc. (NASDAQ : NUAN ) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com