[ACCESSWIRE]
LONDON, UK / ACCESSWIRE / July 12, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Business Services industry. Companies recently under review include Alliance Data Systems, TransUnion, Genpact, and FleetCor Technologies. See our complete notes on Alliance Data Systems at:
http://www.activewallst.com/registration-3/?symbol=ADS
Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.
The Business Services space continues with its strong performance, and several stocks in this industry are signaling growth. However, industry competition is fierce, and this could impact some smaller companies. Let us see how this is affecting stocks in this industry. Register with us now for your free membership and more at:
http://www.activewallst.com/register/
Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.
Alliance Data Systems Corp. (NYSE: ADS)
Plano, Texas headquartered Alliance Data Systems Corp.'s stock finished Monday's session 4.69% higher at $210.39. A total volume of 1.49 million shares was traded, which was above their three months average volume of 871,030 shares. The Company's shares have advanced 1.79% over the previous three months and are trading above their 50-day moving average by 1.96%. Additionally, shares of Alliance Data Systems, which provides marketing and loyalty solutions in the U.S. and globally, have a Relative Strength Index (RSI) of 59.91. On July 07th, 2016, research firm Barclays reiterated its 'Overweight' rating with a decrease of the target price to $240 a share from $280 a share for the Company's stock.
According to a recent filing with the Securities and Exchange Commission, Activist investor Jeffrey Ubben's fund ValueAct Capital has taken a position in Alliance Data Systems. Mr. Ubben and his team have control over 4 million shares of the company, up from 541,115 shares reported in the fund's previous 13F filing. The current position amounts to 6.8% of the company's common stock. In its filing, ValueAct Capital has noted that it intends to hold discussions with Alliance Data Systems' management and Board of Directors about opportunities to enhance shareholders' value.
TransUnion (NYSE: TRU)
On Monday, shares in Chicago, Illinois headquartered TransUnion ended the session 0.09% higher at $34.98. The stock recorded a trading volume of 361,785 shares. The Company's shares have gained 4.61% in the last one month, 31.16% in the previous three months, and 26.88% on an YTD basis. The stock is trading 8.50% above its 50-day moving average and 27.69% above its 200-day moving average. Moreover, shares of TransUnion, which provides risk and information solutions, have an RSI of 66.39.
On June 15, 2016, TransUnion announced that it has acquired Auditz LLC, a healthcare services organization that uses sophisticated proprietary technology to help healthcare providers identify and recover payments. The complimentary notes on TRU can be accessed at:
http://www.activewallst.com/registration-3/?symbol=TRU
Genpact Ltd (NYSE: G)
Hamilton, Bermuda-based Genpact Ltd's stock saw a slight decline of 0.15%, closing the session at $26.96 and with a total volume of 503,831 shares traded.
On July 11, 2016 Genpact announced that it has established operations in Malaysia's capital city of Kuala Lumpur, further strengthening its footprint in Asia, with the plan to provide finance and accounting, sourcing, and procurement services for a growing number of clients at this site. This will help Genpact deliver more holistic finance solutions to clients based on its Lean DigitalSM approach that leverages the power of digital technologies through middle and back office operations.
The Company's shares have gained 7.93% since the start of this year. The stock is trading 4.48% above its 200-day moving average. Additionally, shares of Genpact, which provides business process outsourcing and information technology management services globally, have an RSI of 49.27. Register for free and access the latest notes on G at:
http://www.activewallst.com/registration-3/?symbol=G
FleetCor Technologies Inc. (NYSE: FLT)
At the close on Monday, shares in Norcross, Georgia headquartered FleetCor Technologies Inc. recorded a trading volume of 363,404 shares. The stock ended the day 0.07% lower at $143.69. The Company's shares have advanced 0.53% on an YTD basis. The stock is trading above its 200-day moving average by 1.08%. Furthermore, shares of FleetCor Technologies, which provides fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services, have an RSI of 48.51. On June 24th, 2016, research firm SunTrust initiated a 'Buy' rating for the Company's stock. The notes on FLT are available for free at:
http://www.activewallst.com/registration-3/?symbol=FLT
Active Wall Street:
Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
AWS has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active Wall Street
