Market Signals Coverage Agilent Technologies, Accenture, and Gigamon Hit 52-week High

LONDON, UK / ACCESSWIRE / June 21, 2016 / ActiveWallSt.com announces its coverage of market signals accentuating on Monday, June 20th, 2016, 52-week high events for Agilent Technologies Inc. (NYSE: A), Accenture PLC (NYSE: ACN), and Gigamon Inc. (NYSE: GIMO). 52-week high is an important milestone for any stock. New highs show positive momentum and also indicate when buyers might come in. A popular strategy used by a number of savvy investors is to buy when price exceeds 52-week highs. The rationale behind this strategy is that when price breaks out from the 52-week range, this will have added further momentum to push price movement to a favourable direction. There is another strategy where the stock is sold when price reaches its 52-week high on the expectation that price will recede. Register with us now for your free membership and get more on our signal strategies at:

http://www.activewallst.com/register/

Today, ActiveWallSt.com is promoting its market signals coverage with emphasis on A, ACN, and GIMO. Get the research on Agilent Technologies and Accenture for free by signing up to the links below respective:

http://www.activewallst.com/registration-3/?symbol=A

http://www.activewallst.com/registration-3/?symbol=ACN

52 Week High – Agilent Technologies

On Monday, June 20, 2016, shares of Agilent Technologies Inc. reached a 52-week high of $46.35, before closing the trading session at $46.14, higher by $0.78 or 1.72%. A total of 3.16 million shares changed hands as compared to the three month average volume of 1.98 million shares.

The rise in Agilent Technologies’ stock price can be attributed to strong fundamentals and its Q2 FY16 financial results which were announced on May 16, 2016. Results topped market expectations. Technologies also displayed a wide range of systems, software and technologies designed to improve speed and accuracy of mass spectrometry at the annual meeting of the American Society for Mass Spectrometry held from June 05-09, 2016. Agilent Technologies’ stock has advanced 16.71% in the past three months and has gained 10.68% since the beginning of the year.

52 Week High – Accenture

On Monday, June 20, 2016, shares of Accenture PLC reached a 52-week high of $120.33, eventually closing the trading session at $119.05, gaining $1.48, or 1.26%, for the day as compared to its previous close. A total of 2.09 million shares changed hands as compared to the three month average volume of 2.26 million shares.

On June 20, 2016, Accenture announced the acquisition of Maglan, an Israeli based private cyber security firm. Maglan specializes in offensive cyber simulation, vulnerability countermeasures, cyber forensics and malware defences, and research and development on IT security focusing on threat intelligence. Accenture will announce its Q3 FY16 earnings results on June 23, 2016. Analysts’ expect Accenture to report earnings per share of $1.41 on revenue of $8.23 billion. The company’s stock has gained 11.14% in the past three month, and 25.23% in the past 12 months.

52 Week High – Gigamon

Shares of Gigamon Inc. reached a 52-week high of $37.64 on Monday, June 20, 2016, before closing the trading session at $36.50, gaining $1.48, or 4.23%, for the day. A total of 2.84 million shares changed hands as compared to the three month average volume of 469.65 thousand shares.

Gigamon has seen a solid earnings estimate revision activity over the past month, suggesting that analysts are becoming a bit more bullish on the firm’s prospects for both the short- and long-term. Gigamon’s shares closed at $36.50 which is above the 50-day moving average of $31.30 and 200 day moving average of $28.20. The company’s stock has gained 27.13% in the past one month and 37.37% since the beginning of the year.

—

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 441440