Dallas,Tx 7/7/2010 1:34:39 AM
News / Business

Early Hour Stock Market Gainers (JASO, HPQ, MTL)

Stock Market Gainers

U.S equity markets are up in early trading today, with the Dow climbing 1.71%, Nasdaq climbing 2.05% and the S&P 500 climbing 1.83%.

 

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JA Solar Holdings Co. Ltd. (ADR) (NASDAQ: JASO) are up in early trading today. The ADRs jumped 8.07% to $5.49 in early trading today on volume of 4.24 million.

JA Solar Holdings ADRs have a 52-week range of $3.22-$6.95. They have a 50-day moving average of $5.23 and a 200-day, moving average of $4.95. The support level for the ADRs is at $4.67, while the resistance level is at $5.21.

JA Solar today announced that it has signed a multi-year supply agreement with MEMC Electronic Materials Inc. (NYSE: WFR).

 

Hewlett-Packard Company (NYSE: HPQ) saw its shares climb in early trading today. Shares of the technology company were up 2.36% to $43.82 in early trading on volume of 3.67 million.

The Hewlett-Packard Company stock has a 52-week range of $36.67-$54.75. It has a 50-day moving average of $47.42 and a 200-day moving average of $49.48. The support level for the stock is at $42.36, while the resistance level is at $44.01.

 

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Mechel OAO (ADR) (NYSE: MTL) climbed in early trading today. The ADRs were up 6.48% to $18.58 in early trading.

Mechel ADRs have a 52-week range of $6.83-$31.79. They have a 50-day moving average of $21.65 and a 200-day moving average of $22.10. The support level for the ADRs is at $17.05, while the resistance level is at $19.03.

Moskva, Russia-based Mechel OAO is involved in mining, steel, ferroalloys and power business. The company has coal and iron ore mines in Russia and the U.S.

 

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