Are These Stocks About To Climb? LiveDeal Inc (LIVE), Scientific Games Corp (SGMS) and SABMiller Plc (SBMRY)
New York, NY – GDP INSIDER – 03/30/2015.
This article discusses three companies: LiveDeal Inc (NASDAQ:LIVE), Scientific Games Corp (NASDAQ:SGMS) and SABMiller Plc (ADR) (OTCMKTS:SBMRY)
LiveDeal Inc (NASDAQ:LIVE) had heavy gains in early trading on Friday of over7% before falling back slightly before the close to finish up 3.85% or $0.12 at $3.24 on heavy trading of 1.811 million shares, compared to its three month average trading volume of 0.550 million. The online marketing specialist saw the gains after it announced that its products will now be featured on Amazon.com (NASDAQ:AMZN), which should increase its products exposure and improve sales. Having just passed a bullish MACD crossover, the stock is looking strong making it a good hold and potential buy.
Scientific Games Corp (NASDAQ:SGMS) continued its recent decline on Friday with the stock falling another 5.31% or $0.56 to close at $9.99, on very active trading of 1.767 million shares. The game and lottery technology supplier had been flying high after it was named one of Georgia’s top 40 innovative companies, as well as general positive news across the video game sector, but is now coming down to earth. With RSI now at 27.65 the stock is starting to look undervalued and could be a good medium term investment.
SABMiller Plc (ADR) (OTCMKTS:SBMRY) reversed its recent downward trend on Friday with the stock gaining 1.41% or $0.75 to close at $53.95 on light trading of 0.100 million shares, compared to its three month average trading volume of 0.167 million. The manufacturer and distributor of beer and other beverages has been trading within a narrow range of $52.65 and $56.39 since the beginning of the month and has been outperforming the S&P 500 so far this year, up 4.63% compared to the index, which has only gained 0.10% over the same period making it a hold.
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