Yahoo Finance Today’s Research Reports on Trending Tickers: 3D Systems Corporation and Sirius XM Holdings
NEW YORK, NY / ACCESSWIRE / December 6, 2017 / U.S. markets slumped Tuesday as the recent sell of technology stocks continued. The Dow Jones Industrial Average declined 0.45 percent to close at 24,180.64, while the S&P 500 Index fell 0.37 percent to close at 2,629.57. The Nasdaq Composite Index decreased 0.19 percent to close at 6,762.21. Both the S&P 500 and Nasdaq have posted a three-day losing streak, the first for the S&P 500 since August.
"The Nasdaq Composite Index was getting a little frothy, so it's not surprising to see that some details in the proposed tax bill that would impact tech companies turned out to be a catalyst for a selloff in these stocks over the past few sessions," said Quincy Krosby, chief market strategist at Prudential Financial.
RDI Initiates Coverage on:
3D Systems Corporation
https://rdinvesting.com/news/?ticker=DDD
Sirius XM Holdings Inc.
https://rdinvesting.com/news/?ticker=SIRI
3D Systems stock jumped 9.58% Tuesday, to close the day at $9.61. The stock recorded a trading volume of 3,643,366 shares, which was above its three months average volume of 2,840,414 shares. In the last year, 3D Systems shares have traded in a range of 7.92 - 23.70. The share price has gained 21.34% 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 $9.80 is below its 200-day moving average of $14.72. Shares of 3D Systems have gained roughly 6.9 percent in the past month and are down 27.69 percent year-to-date.
Access RDI's 3D Systems Corporation Research Report at:
https://rdinvesting.com/news/?ticker=DDD
On Tuesday, shares in Sirius XM Holdings Inc. recorded a trading volume of 26,126,433 shares, which was above the three months average volume of 16,470,831 shares. The stock ended the day 2.32% higher at 5.74. The share price has gained 32.87% from its 52-week low with a 52-week trading range of 4.32 - 5.89.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $5.50 is greater than its 200-day moving average of $5.47. Shares of the company are trading at a Price to Earnings ratio of 33.76. Shares of Sirius XM Holdings have gained roughly 8.3 percent in the past month and are up 28.99 percent year-to-date.
Access RDI's Sirius XM Holdings Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SIRI
Our Actionable Research on 3D Systems Corporation (NYSE:DDD) and Sirius XM Holdings Inc. (NASDAQ:SIRI) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com
