Two Technology Stocks to Watch: LinkedIn Corp (LNKD), Rovi Corporation (ROVI)
Rovi Corporation (NASDAQ:ROVI):
The company’s RSI reading has hit 41.30. The stock edged lower by -1.30% to close previous trading session at USD 19.81.
The shares of the company fluctuated in the range of USD 8.01 and USD 23.70 in the course of 52 weeks. Over the three months, the company’s shares have surged by 74.54% and in the past one year, it has gained 7.55%. Additionally, the stock’s year to date performance has improved 18.91%. Over the last five days its shares have declined by -6.29% and in the past six months it has moved up 95.17%.
Further, the stock is at a price to book ratio of 1.55. The stock’s weekly volatility is calculated as 5.55% and monthly volatility as 4.70% with ATR of 1.01, beta of 0.76 and price to cash ratio of 7.87.
Rovi Corporation (ROVI) on March 22, 2016 declared Rovi’s G-Guide® will power entertainment discovery on Sharp’s new models of its popular AQUOS TVs available later this month in Japan. The new LC-40W35 TVs feature Rovi’s G-Guide, providing viewers with advanced programming functionality to easily search and connect to their favorite entertainment. As the company with the leading TV market share in Japan, this is Sharp’s first deployment of Rovi’s G-Guide on any of their popular TV models, which will bring a more streamlined viewing experience to an even wider audience of Japanese consumers.
With G-Guide, Sharp’s new AQUOS TVs give consumers innovative features, like advanced tagging and search capabilities, so they can quickly and easily search, organize and view programs across a common theme, keyword or celebrity name.
LinkedIn Corp (NYSE:LNKD):
The stock decreased by -1.30% to close last trading session at USD 110.99. The company’s shares oscillated in the range of USD 110.10 and USD 112.32 during intraday trade.
A total of 2.72 million shares exchanged hands, below its 3 month average volume of 3.32 million shares. Over the last five days its shares have surged by 1.21% and in the past six months it has moved down -43.60%.
Furthermore, the stock has weekly volatility of 2.53% and monthly volatility of 3.25% with ATR of 3.87. The stock’s RSI is 33.59 and distance from 50-day simple moving average is -21.56%, whereas its distance from 20-day simple moving average is -3.98% and distance from 200-day simple moving average is -43.18%.
LinkedIn Corp (LNKD) together with its subsidiaries operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities. It also offers LinkedIn mobile applications across a range of platforms and languages, counting iOS for iPhone and iPad, Android, Blackberry, Nokia Asha, and Windows Mobile; and a public Website that allows developers to integrate its content and services into their applications. In addition, the company provides talent solutions, counting hiring solutions that facilitate enterprises and professional organizations to find, contact, and hire qualified passive and active candidates; and learning and development solutions, which provide online education courses to make it for professionals to accelerate their careers and realize their potential by learning new skills.