General Electric Company (NYSE:GE) plunged 1.83 percent to close at $20.37 in its last trading session. The traded volume stood at 61.07 million shares as compared to its average traded volume of 59.44 million shares per day. Currently the share price is trading at a relative strength index value of 49.04 which indicate that the share price still has considerable margin for capital gains. General Electric is regarded among the most highly ranked companies in its industry which is evident from its net profit margin of 8.76 percent and return on equity of 10.43 percent. The company maintains the dividend yield of 2.75 percent.
Hewlett-Packard Company (NYSE:HPQ) remained under pressure in its last trading session and reported the fall of 1.37 percent to $42.61 for the day. The traded volume stood at 27.71 million shares against the average traded volume of 118.3 million shares per day. The share price has moved 6.28 percent lower than its 50 days simple moving average. The share price is also trading near its oversold level as depicted by relative strength index of 34.9 times. Technically the stock is highly attractive at current price levels.
American Express Company (NYSE:AXP) declined 1.31 percent to close at $43.72 in the Friday’s trading session. The traded volume for the day stood at 6.2 million shares whereas its average traded volume stands at 8.79 million shares per day. American Express maintains high profitability which is evident from its net profit margin and return on equity of 13.42 percent and return on equity of 26.36 percent as per last financial statements.Previous Post » Dow’s Positive Closings at Wall Street: Wal-Mart moves up on Acquisition News