Today’s Research Reports on Trending Tickers: Groupon and Roku
U.S. markets surged Monday as fears of conflict in Syria eased and earnings season kicked off with a strong start. The Dow Jones Industrial Average spiked 0.87 percent to close at 24,573.04, while the S&P 500 Index jumped 0.81 percent to close at 2,677.84. The Nasdaq Composite Index rose 0.70 percent to close at 7,156.28.
“Geopolitical conditions calmed,” said Tim Ghriskey, Chief Investment Strategist at Inverness Counsel in New York, according to Reuters. “There’s a lot of anticipation about very strong earnings growth in the quarter. That may be attracting traders and even longer-term investors back into the market.”
RDI Initiates Coverage on:
Groupon’s stock jumped 3.31% Monday, to close the day at $4.68. The stock recorded a trading volume of 5,181,204 shares, which was below its three months average volume of 9,199,404 shares. In the last year, Groupon’s shares have traded in a range of 2.90 – 5.99. The share price has gained 61.38% 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 $4.43 is below its 200-day moving average of $5.01. Shares of the company are trading at a Price to Earnings ratio of 187.20. Shares of Groupon have gained roughly 1.74 percent in the past month and are down 8.24 percent year-to-date.
Access RDI’s Groupon, Inc. Research Report at:
On Monday, shares of Roku recorded a trading volume of 1,862,907 shares, which was below the three months average volume of 4,717,360 shares. The stock ended the day 1.01% higher at 33.02. The share price has gained 109.65% from its 52 week low with a 52 week trading range of 15.75 – 58.80. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $38.32 is below its 200-day moving average of $37.43. Shares of Roku have fallen roughly 7.92 percent in the past month and are down 36.23 percent year-to-date.
Access RDI’s Roku, Inc. Research Report at:
Our Actionable Research on Groupon, Inc. (NASDAQ:GRPN) and Roku, Inc. (NASDAQ:ROKU) can be downloaded free of charge at Research Driven Investing.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
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.
For any questions, inquiries, or comments reach out to us directly at:
Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011