TIM Participacoes S.A. (TSU) Shares Active after Upgrade at Zacks Investment Research

TIM Participacoes S.A. (NYSE: TSU) shares rose in value on Wednesday January 25 on lower trade volume than normal after a number of analysts weighed in on the investing value of the stock with a upgraded rating.

Meanwhile, the Dow Jones Industrial Average on Wednesday crossed the 20,000 level for the first time, while the S&P 500 and Nasdaq Composite also traded in record territory shortly after the market opened

The Dow Jones Industrial Average DJIA, +0.60% advanced 100 points, or 0.5%, to 20,012,
The S&P 500 index SPX, +0.55% gained 10 points, or 0.5%, to 2,289, with eight of the main 11 sectors trading higher.

The Nasdaq Composite index COMP, +0.66% was 30 points, or 0.6%, higher at 5,630.

All three main indexes set intraday records shortly after the opening bell.

Analysts at Zacks Investment Research upgraded shares of TIM Participacoes S.A. (NYSE: TSU) from Sell to Hold today. The company currently has a rating of Hold on the stock. As a means of comparison, a number of other analysts have spoken on the company in recent days, and the company has secured a consensus one-year price target of $13.84, lower than the opening price of $14.30, a difference of 9.69 percent. TIM Participacoes S.A. stock has a 52-week high of $14.43. Stock prices sometimes get a boost to the upside when analysts upgrade a stock.

Shares of TIM Participacoes S.A. (NYSE: TSU) opened at $14.30 yesterday and traded in a range between, $14.24 and $14.43, and last traded at $14.29, which represents an increase of $0.01 over the previous closing price.

TIM Participacoes S.A. (NYSE: TSU) now has a market cap of 6.91B.

TIM Participacoes S.A. (NYSE: TSU) Average Daily Trading Volume

139,557 shares traded hands yesterday, 75 percent lower than the norm, out of a total float 161,768,000. lower than normal. Look for trading volume to pick up in the coming days as swing traders often use swings in trading volume to identify heavy volume accumulation or distribution by institutional investors.

However, a single day of heavy buy side trading is not enough to assert a trend. As such, market traders will continue to watch for institutional sponsorship as a signal that financial institutions are moving forward.

Institutional sponsorship is defined by ownership of a stock by mutual funds, banks, pension funds and other large institutions.

These instituitional investors have teams of analysts that investigate thousands of stocks. So watching their interests is a good way to make sure you are buying the right stocks.

TIM Participacoes S.A. (NYSE: TSU) Moving Averages

A moving average can also act as support or resistance. In an uptrend a 50-day, 100-day or 200-day moving average may act as a support level, as shown in the figure below.

This is because the average acts like a floor (support), so the price bounces up off of it.

In a downtrend a moving average may act as resistance; like a ceiling, the price hits it and then starts to drop again.

By identifying trends, moving averages allow investors to make those trends work in their favor and increase the number of winning trades.

Trades for TIM Participacoes S.A. (NYSE: TSU) have ranged from $7.08 – 14.430, and the stock now has a 50-day MA of $12.39 and 200-day MA of $12.59. Today’s last price is 1.01%% under the 52 week high of $14.43.

Earnings growth is a critical factor to research when buying stocks and investors seek companies that have raised their earnings at least 25% or more for the past 3 years.

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