23.09.2013 14:00:00
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Pre-Market Analysis: Oracle Corp., Compuware Corp., F5 Networks Inc., and Vringo Inc.
LONDON, September 23, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The U.S. equity market declined on Friday, September 20, 2013, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite falling by 0.72%, 1.19%, and 0.39%, respectively. Shares in the application software industry ended on a mixed note, even as the broader market posted losses. The major movers in the industry included Oracle Corporation (NYSE: ORCL), Compuware Corporation (NASDAQ: CPWR), F5 Networks Inc. (NASDAQ: FFIV), and Vringo Inc. (NASDAQ: VRNG). All these companies are tracked by AAAResearchReports.com. Free technicalresearch on ORCL, CPWR, FFIV, and VRNG can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Friday, shares in Oracle Corp. rose 0.47%, extending the gains from the previous trading session. The company's shares closed the day at $34.05 after fluctuating between $33.67 and $34.13. A total of 53.49 million shares were traded, which is significantly above the daily average volume of 27.88 million. Oracle Corp.'s shares have gained 5.09% in the last one month and 12.99% in the previous three months, outperforming the S&P 500 which has advanced 2.79% and 7.38% during the respective periods. Further, the company's stock is trading above its 50-day and 200-day moving averages of $32.52 and $33.37, respectively. Sign up and read the complimentary report on ORCL at:
http://www.AAAResearchReports.com/ORCL092313.pdf
Compuware Corp.'s shares edged lower on Friday, extending the losses from the previous trading session. The company's shares vacillated between $10.97and $11.12 before finishing the day 0.45% lower at $10.99. A total of 1.90 million shares were traded, which is below the daily average volume of 1.98 million. Despite Friday's pullback, the company's shares have advanced 0.73% in the previous three trading sessions and 5.17% in the last three months, compared to a gain of 0.30% and 7.38% in the S&P 500 during the respective periods. Additionally, Compuware Corp.'s stock is trading below its 50-day and 200-day moving averages of $11.01 and $11.22, respectively. The free report on CPWR can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CPWR092313.pdf
On Friday, shares in F5 Networks Inc. edged higher to close at$93.62, up 0.56% from the previous day's closing price of $93.10. The company's shares oscillated between $93.33 and$94.66 during the trading session. A total of 1.68 million shares were traded, which is marginally below the daily average volume of 1.69 million. The company's shares have surged 6.76% in the last one month and 32.01% in the previous three months, outperforming the S&P 500 which has gained 2.79% and 7.38% during the respective periods. Moreover, F5 Networks Inc.'s stock is trading above its 50-day and 200-day moving averages of $87.06 and $86.97, respectively. A free report on FFIV can be accessed by registering at:
http://www.AAAResearchReports.com/FFIV092313.pdf
Shares in Vringo Inc.'s shares fell sharply by 1.12% on Friday, tracking losses in the broader market. The company's shares traded between $3.08 and $3.14 before finishing the day at $3.09. A total of 1.54 million shares were traded, which is less than the daily average volume of 1.92 million. Despite Friday's pullback, the company's stock is trading above its 200-day moving average of $3.08. Furthermore, Vringo Inc.'s shares have gained 3.18% in the previous three months, compared to a gain of 7.38% in the S&P 500 during the same period. Register with AAA Research Reports and download research on VRNG for free at:
http://www.AAAResearchReports.com/VRNG092313.pdf
EDITOR NOTES:
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SOURCE AAA Research Reports
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