NEW YORK, July 27, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Cerner Corporation (NASDAQ: CERN), Veeva Systems Inc. (NYSE: VEEV), Merge Healthcare Inc. (NASDAQ: MRGE), HealthEquity Inc. (NASDAQ: HQY), and Inovalon Holdings Inc. (NASDAQ: INOV). Free research report on Cerner can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=CERN. On Friday, July 24, 2015, the NASDAQ Composite ended at 5,088.63, down 1.12%, the Dow Jones Industrial Average declined 0.92%, to finish the day at 17,568.53, and the S&P 500 closed at 2,079.65, down 1.07%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
On Friday, shares in Cerner Corp. recorded a trading volume of 2.34 million shares, higher than their three months average volume of 1.88 million shares. The stock ended the day 2.69% lower at $68.12. Shares of the company traded at a PE ratio of 46.03. Cerner Corp.'s stock has lost 1.45% in the last one month and 7.09% in the previous three months. However, the stock has advanced 5.35% on YTD basis. The company is trading above its 200-day moving average by 0.92%. Furthermore, shares of Cerner Corp. have a Relative Strength Index (RSI) of 40.96. Sign up and read the free notes on CERN at:
Veeva Systems Inc.'s stock edged 0.61% lower, to close Friday's session at $27.54. The stock recorded a trading volume of 0.66 million shares, below its three months average volume of 1.05 million shares. Over the previous three months and since the beginning of 2015, Veeva Systems Inc.'s shares have advanced 1.36% and 4.28%, respectively. However, the stock has lost 1.43% in the last one month. The company is trading 0.51% and 1.12% below its 50-day and 200-day moving averages, respectively. Furthermore, Veeva Systems Inc.'s stock traded at a PE ratio of 83.45 and has an RSI of 45.61. The complimentary notes on VEEV can be downloaded in PDF format at:
Merge Healthcare Inc.'s stock finished Friday's session 2.55% lower at $5.36. A total of 0.98 million shares were traded, which was above its three months average volume of 0.75 million shares. Over the last one month and since the start of this year, Merge Healthcare Inc.'s shares have surged 9.39% and 50.56%, respectively. However, the stock has lost 11.26% in the previous three months. The company's shares are trading above their 50-day and 200-day moving averages by 15.73% and 31.74%, respectively. Merge Healthcare Inc.'s stock traded at a PE ratio of 44.67 and has an RSI of 66.51. Register for free on Equity Research Institute and access the latest research on MRGE at:
On Friday, shares in HealthEquity Inc. ended the session 0.12% lower at $33.06. The stock reported a trading volume of 0.17 million shares, below its three months average volume of 0.55 million shares. Shares of the company traded at a PE ratio of 143.74. Although, HealthEquity Inc.'s shares have lost 0.48% in the last one month, it has gained 29.55% in the previous three months and 29.90% on YTD basis. The stock is trading 12.08% above its 50-day moving average and 36.44% above its 200-day moving average. Moreover, shares of HealthEquity Inc. have an RSI of 62.53. The complete research on HQY is available for free at:
Inovalon Holdings Inc.'s stock edged 0.77% lower, to close the day at $25.81. The stock recorded a trading volume of 0.14 million shares, much below its three months average volume of 0.49 million shares. Over the last one month and over the past three months, Inovalon Holdings Inc.'s shares have fallen by 5.94% and 3.22%, respectively. Furthermore, the stock has lost 4.41% since the start of this year. The company's shares are trading 4.52% below their 50-day moving average. Additionally, Inovalon Holdings Inc. traded at a PE ratio of 43.02 and has an RSI of 40.51. Free in-depth research on INOV is available at:
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