Yahoo Finance Today's Research Reports on Trending Tickers: Ambarella and QUALCOMM
NEW YORK, NY / ACCESSWIRE / November 30, 2018 / U.S. markets closed lower on Thursday as investors await details from this weekend's trade meeting between President Trump and Chinese President Xi Jinping. The Dow Jones Industrial Average fell 0.11 percent to close at 25,338.84, while the S&P 500 Index decreased 0.22 percent to close at 2,737.76. The Nasdaq Composite Index fell 0.25 percent to close at 7,273.08.
The Market Edge Initiates Coverage on:
Ambarella, Inc.
https://marketedgereport.com/report/AMBA/
QUALCOMM Incorporated
https://marketedgereport.com/report/QCOM/
Ambarella's stock moved 2.6% lower Thursday, to close the day at $33.75. The stock recorded a trading volume of 1,299,167 shares, which was above its three months average volume of 871,482 shares. In the last year, Ambarella's shares have traded in a range of 30.00 - 66.23. The share price has gained 12.5% 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 $34.25 is below its 200-day moving average of $39.29. Shares of Ambarella have gained roughly 1.35 percent in the past month and are down 42.55 percent year-to-date.
Access The Market Edge's Ambarella, Inc. Research Report:
https://marketedgereport.com/report/AMBA/
On Thursday, shares of QUALCOMM recorded a trading volume of 26,948,983 shares, which was above the three months average volume of 15,912,257 shares. The stock ended the day 2.58% higher at $58.11. The share price has fallen 24.04% from its 52 week high with a 52 week trading range of 48.56 - 76.50. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $60.73 is below its 200-day moving average of $62.99. Shares of QUALCOMM have fallen roughly 6.53 percent in the past month and are down 9.23 percent year-to-date.
Access The Market Edge's QUALCOMM Incorporated Research Report:
https://marketedgereport.com/report/QCOM/
Our Actionable Research on Ambarella, Inc. (NASDAQ :AMBA) and QUALCOMM Incorporated (NASDAQ :QCOM) can be downloaded free of charge at The Market Edge.
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SOURCE: MarketEdgeReport
