Yahoo Finance Today's Research Reports on Trending Tickers: Facebook and Match Group
NEW YORK, NY / ACCESSWIRE / September 26, 2018 / U.S. equities were mixed on Tuesday as concerns of a potential trade war linger and investors look forward to details from the upcoming Fed monetary policy meeting. The Dow Jones Industrial Average dropped 0.26 percent to close at 26,492.21, while the S&P 500 Index declined 0.13 percent to close at 2,915.56. The Nasdaq Composite Index rose 0.18 percent to close at 8,007.47.
“Investors have been digesting the idea of a full-blown trade war for months now, and on top of that, they are already aware of what could be the next steps. Yesterday’s market reaction corroborates our view,” said Charalambos Pissouros, senior market analyst at JFD Brokers.
RDI Initiates Coverage on:
Facebook, Inc.
https://rdinvesting.com/news/?ticker=FB
Match Group, Inc.
https://rdinvesting.com/news/?ticker=MTCH
Facebook's stock moved 0.3% lower Tuesday, to close the day at $164.91. The stock recorded a trading volume of 25,977,434 shares, which was below its three months average volume of 26,210,106 shares. In the last year, Facebook's shares have traded in a range of 149.02 - 218.62. The share price has gained 10.66% 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 $171.84 is below its 200-day moving average of $180.21. Shares of the company are trading at a Price to Earnings ratio of 25.52. Shares of Facebook have fallen roughly 5.58 percent in the past month and are down 6.55 percent year-to-date.
Access RDI's Facebook, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FB
On Tuesday, shares of Match Group recorded a trading volume of 1,827,971 shares, which was below the three months average volume of 2,494,553 shares. The stock ended the day 3.55% higher at $57.83. The share price has fallen 5.12% from its 52 week high with a 52 week trading range of 22.90 - 60.95. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $51.28 is above its 200-day moving average of $44.10. Shares of the company are trading at a Price to Earnings ratio of 33.37. Shares of Match Group have gained roughly 14.70 percent in the past month and are up 84.7 percent year-to-date.
Access RDI's Match Group, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MTCH
Our Actionable Research on Facebook, Inc. (NASDAQ: FB) and Match Group, Inc. (NASDAQ: MTCH) can be downloaded free of charge at Research Driven Investing.
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SOURCE: RDInvesting.com