Behind the Numbers: Riverbed Technology, Microchip Technology, 3D Systems, and Infosys

Thu Dec 5, 2013 10:48am EST

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Behind the Numbers: Riverbed Technology, Microchip Technology, 3D Systems, and Infosys

PR Newswire

LONDON, December 5, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Wednesday, December 04, 2013, the US equity market edged lower, as the S&P 500 ended the day at 1,792.81, down 0.13%; the Dow Jones Industrial Average closed at 15,889.77, down 0.16%; while the NASDAQ Composite finished at 4,038.00, up 0.02%. However, the S&P 500 Information Technology Sector Index ended the day 0.17% higher at 563.64, and the same has gained 3.37% in last one month and 10.28% in the previous three months, outperforming the S&P 500, which has gained 1.41% and 8.45% during the respective periods.  The major movers in the sector included Riverbed Technology Inc. (NASDAQ: RVBD), Microchip Technology Inc. (NASDAQ: MCHP), 3D Systems Corp. (NYSE: DDD), and Infosys Ltd (NYSE: INFY). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

http://www.aaaresearchreports.com/register/  

Riverbed Technology Inc.'s stock posted gains on Wednesday, even as the broader market edged lower. The company's shares ended the day 1.63% higher at $17.49, after fluctuating between $17.11 and $17.63 during the trading session. A total of 1.54 million shares were traded, which is below the daily average volume of 3.98 million. The company's shares have surged 13.57% in the previous three months and 14.39% in the last one month, outperforming the S&P 500, which has gained 8.45% and 1.41% during the same period. Moreover, the Riverbed Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $15.64 and $15.63, respectively. Sign up for free report on RVBD at:

http://www.AAAResearchReports.com/RVBD120513.pdf

On Wednesday, Microchip Technology Inc.'s stock edged lower to end the day at $42.42, down 0.52% from the previous day's closing price of $42.64. The company's shares vacillated between $42.08 and $42.88 during the trading session. A total of 1.85 million shares were traded, which is above the daily average volume of 1.81 million. The company's shares have gained 7.20% in the previous three months, underperforming the S&P 500, which has gained 8.45% during the same period. However, Microchip Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $41.36 and $38.61, respectively. MCHP free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/MCHP120513.pdf

Shares in 3D Systems Corp. oscillated between $76.12 and $79.69 before finishing Wednesday's session 0.49% lower at $77.64. A total of 4.31 million shares were traded, which is below the daily average volume of 4.50 million. Despite Wednesday's losses, the company's shares have surged 17.57% in the last one month and 45.31% in the previous three months, outperforming the S&P 500, which has gained 1.41% and 8.45%, during the respective periods. Furthermore, 3D Systems Corp.'s stock is trading above its 50-day and 200-day moving averages of $63.57 and $48.06, respectively. A free report on DDD can be accessed by registering at:

http://www.AAAResearchReports.com/DDD120513.pdf  

Infosys Ltd's stock rose 2.18% on Wednesday, closing the day's session at $54.37, after vacillating between $53.48 and $54.44 during the trading session. A total of 1.08 million shares were traded, which is below the daily average volume of 1.25 million. The company's shares have advanced 16.42% in the previous three months and 3.74% in the last one month, outperforming the S&P 500, which has gained 8.45% and 1.41% during the respective periods. Further, Infosys Ltd's stock is trading above its 50-day and 200-day moving averages of $52.57 and $48.26, respectively. Register with AAA Research Reports and download research on INFY for free at:

http://www.AAAResearchReports.com/INFY120513.pdf

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