Today’s Research Reports on Trending Tickers: Xerox and Electronic Arts

NEW YORK, NY / ACCESSWIRE / February 8, 2018 / On Wednesday, U.S. markets failed to continue on Tuesday’s gains as investors worried about rising bond yields and interest rates. The Dow Jones Industrial Average dipped 0.08 percent to close at 24,893.35, while the S&P 500 Index fell 0.50 percent to close at 2,681.66. The Nasdaq Composite Index dropped 0.90 percent to close at 7,051.98.

“The market was positioned for great earnings, great growth, and no inflation or rates moving up to any meaningful degree. Now that goldilocks environment is gone, and we’re back in a normal environment where we’re getting both strong growth and higher rates. That readjustment is bringing some jitters,” said Alec Young, managing director of global markets research at FTSE Russell.

RDI Initiates Coverage on:

Xerox Corporation
https://rdinvesting.com/news/?ticker=XRX

Electronic Arts Inc.
https://rdinvesting.com/news/?ticker=EA

Xerox’s stock moved 1.1% higher Wednesday, to close the day at $31.18. The stock recorded a trading volume of 2,983,504 shares, which was above its three months average volume of 2,450,975 shares. In the last year, Xerox’s shares have traded in a range of 26.64 – 37.42. The share price has gained 17.12% 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 $31.05 is below its 200-day moving average of $31.19. Shares of the company are trading at a trailing Price to Earnings ratio of 43.82. Shares of Xerox have gained roughly 4.25 percent in the past month and are up 6.96 percent year-to-date.

Access RDI’s Xerox Corporation Research Report at:
https://rdinvesting.com/news/?ticker=XRX

On Wednesday, shares of Electronic Arts recorded a trading volume of 4,066,883 shares, which was below the three months average volume of 4,128,887 shares. The stock ended the day 0.06% lower at 123.05. The share price has gained 51.41% from its 52 week low with a 52 week trading range of 81.27 – 131.01. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $113.61 is below its 200-day moving average of $114.40. Shares of Electronic Arts are trading at a trailing Price to Earnings ratio of 38.38. Shares of Electronic Arts have gained roughly 9.48 percent in the past month and are up 17.12 percent year-to-date.

Access RDI’s Electronic Arts Inc. Research Report at:
https://rdinvesting.com/news/?ticker=EA

Our Actionable Research on Xerox Corporation (NYSE:XRX) and Electronic Arts Inc. (NASDAQ:EA) can be downloaded free of charge at Research Driven Investing.

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