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Trend Analysis Report: Compania de Minas Buenaventura SAA (BVN), Quality Systems (QSII), YRC Worldwide (YRCW)

U.S. stocks closed near session highs on Monday with energy, health-care and financial stocks leading solid gains. Investors welcomed a spate of deals and earnings results while brushing off weak manufacturing data.

The S&P 500 SPX, +1.19% gained 24.69 points, or 1.2%, to 2,104.05, about one percentage point below its all-time high reached on May 21. The Dow Jones Industrial Average DJIA, +0.94% jumped 165.22 points, or 0.9%, to 17,828.76 and turned flat for the year.

The Nasdaq Composite COMP, +1.45% ended the day up 73.40 points, or 1.5%, at 5,127.15, lifted by a jump in biotechnology stocks. The Russell 2000 RUT, +2.09% outperformed other indexes by rallying nearly 2% according to preliminary data on FActSet to 1,184.

The gains on the first trading day of the month followed the best monthly performance of the major indexes in four years in October. The Nasdaq 100 on Monday closed at its highest level in more than 15 years.

Data on Monday showed U.S. manufacturing activity in October sank to a 2-1/2-year low, but a rise in new orders offered encouragement. Elsewhere, factory activity in Germany beat economists’ estimates, and manufacturing in Central and Eastern Europe kept up a robust pace in October.

“The fact that we have got sturdy numbers from outside the U.S. accompanied by a relatively decent … (U.S. manufacturing) report, I think that cocktail was supportive of risk assets getting a boost,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.

Compania de Minas Buenaventura SAA (ADR) (NYSE:BVN) fell -2.03% or -0.13. points on Tuesday and made its way into the losers of the day. After trading began at $6.34 the stock was seen hitting $6.38 as a peak level and $6.07 as the lowest level. The stock ended up at $6.28. The daily volume was measured at 1.93 shares. The company has a market cap of $1.90 billion. The mean estimate for the short term price target for Compania de Minas Buenaventura SAA (ADR) stands at $9.20 according to 11 Analysts. The higher price target estimate for the stock has been calculated at $16.00 while the lower price target estimate is at $6.50. On May 14, 2015, the shares registered one year high at $12.51 and the one year low was seen on Aug 27, 2015. The 50-Day Moving Average price is $6.96 and the 200 Day Moving Average price is recorded at $8.64. Compania de Minas Buenaventura SAA (ADR) (NYSE:BVN) operates as the bank holding company for Bank of Virginia that provides various banking products and services to individuals, businesses, and other organizations in Virginia, the United States. It accepts various deposits products, such as interest-bearing and non interest-bearing checking accounts, commercial accounts, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts.

Why Should Investors Buy BVN After the Recent Fall? Just Go Here and Find Out

Quality Systems, Inc. (NASDAQ:QSII) witnessed a decline in the market cap on Tuesday as its shares dropped -2.06% or -0.29. points. After the session commenced at $13.76, the stock reached the higher end at $13.88 while it hit a low of $13.38. With the volume soaring to 1.38 shares, the last trade was called at $13.76. The company has a 52-week high of $18.75. The company has a market cap of $855.12 million and there are 60.86 shares in outstanding. The 52-week low of the share price is $12.00. Quality Systems, Inc. has rose 7.92% during the last 3-month period. Year-to-Date the stock performance stands at -11.74%. The stock price is expected to reach $13.53 in the short term. The number of analysts agreeing with this consensus is 16. The higher estimate for the short term price target is at $18.00 while the lower estimate is at $10.00. On Feb 23, 2015, the shares registered one year high at $12.01 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $13.04 and the 200 Day Moving Average price is recorded at $14.54. Quality Systems, Inc. (NASDAQ:QSII) NextGen Healthcare Information Systems, LLC., a wholly owned subsidiary of Quality Systems, Inc. and a leading provider of healthcare information systems and connectivity solutions, kicked off its annual User Group Meeting (NextGen ONE UGM) at the Mandalay Bay Resort in Las Vegas.

Why Should Investors Buy QSII After The Recent Gain? Just Go Here and Find Out

YRC Worldwide Inc (NASDAQ:YRCW) traded down -2.30. % during trading on Tuesday, hitting $17.84. The stock had a trading volume of 1.44 shares. The firm has a 50 day moving average of $15.40 and a 200-day moving average of $15.25. The stock has a market cap of $595.59 million and a price-to-earnings ratio of 19.70. YRC Worldwide Inc has surged 25.99% during the last 3-month period. Year-to-Date the stock performance stands at -20.68%. The stock price is expected to reach $22.00 in the short term. The number of analysts agreeing with this consensus is 5. The higher estimate for the short term price target is at $30.00 while the lower estimate is at $7.00. On Dec 5, 2014, the shares registered one year high at $25.40 and the one year low was seen on Jul 27, 2015. YRC Worldwide Inc (NASDAQ:YRCW) announced that James Welch, Chief Executive Officer, and Jamie Pierson, Chief Financial Officer, will deliver a company presentation at 1:00 p.m. EST on Tuesday, November 10, 2015, at the Stephens Fall Investment Conference in New York, New York.  The presentation will be available to listeners via the YRC Worldwide Internet site yrcw.com as a live webcast and as a replay for 30 days.

Has YRCW Found The Bottom And Ready To Gain Momentum? Find Out Here