Losers at DJIA on Wednesday: Alcoa Inc, Hewlett-Packard and Cisco Systems Inc.

Mixed sentiments were seen on Tuesday as DJIA rose to 13,172.14 by 0.02% or 2.71points. Whereas S&P 500 fell by 0.01% or 0.18points to 1,403.93 and Nasdaq dropped by 0.18% or 5.54points to 3,016.98.

Alcoa, Inc. (AA) fell 1.59% to close at $8.69 in yesterday’s session. The traded volume stood at 12.09M shares as compared to its average traded volume of 21.95M shares per day. The company’s total outstanding common stock accumulates up to 1.07B billion out of which 1.07B billion shares are floated in the stock market. Insiders hold 0.07% of the total outstanding common stock while 59.00% of outstanding shares are held by different institutions. The company’s total outstanding common stock accumulates up to 1.07B shares out of which 60% shares are held by different institutions.

Hewlett-Packard Company (HPQ) dropped 1.33% to close at $19.36. The traded volume stood at 18.07M shares as compared to its average traded volume of 19.38M shares per day.

Cisco Systems, Inc. (CSCO) plunged 0.98% to close at $17.17 in its last trading session. The company’s total outstanding common stock accumulates up to 5.36B out of which 5.35 billion shares are floated in the stock market. Insiders hold 0.08% of the total outstanding common stock while 72.30% of outstanding shares are held by different institutions. By the end of the session the stock’s price to earnings ratio stood at 12.68 times. Its dividend yield stands at 1.86 percent.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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