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Tickers in this Article: FSLR, QIHU, DWRE, TECD, BIDU, ELLI, DDD
Currently, the Nasdaq remains relatively unchanged, the S&P 500 has moved up 0.3% and the Dow has increased 0.2%. The technology sector is a category of stocks relating to the research, development and/or distribution of technologically based goods and services. This sector contains businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology. The technology sector offers a wide arrange of products and services for both customers and other businesses. Consumer goods like personal computers, stereos and televisions are continually improved and upgraded, offering the latest technology to all users. Businesses receive information and services from software and database systems, which allow the companies to make strategic business decisions.

The biggest movers in the Technology sector (XLK) (+0.1%) are:
CompanyMarket CapPercentage Change
First Solar (Nasdaq:FSLR)$1.95 billion+8.7%
QIHOO 360 (NYSE:QIHU)$2.33 billion+8.2%
Demandware (NYSE:DWRE)$744.7 million-5.2%
Tech (Nasdaq:TECD)$2.08 billion-4.9%
Baidu (Nasdaq:BIDU)$45.74 billion-4.6%
Ellie Mae (NYSE:ELLI)$633 million-4.3%
3D (NYSE:DDD)$2.29 billion+3.8%
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First Solar (Nasdaq:FSLR) is up 8.7% to reach a current price of $24.41 per share. So far today, the company's volume is 6.4 million shares,. Price change alone is not enough to know how a stock is doing. Volume is an important secondary indicator used to confirm trends suggested by price movement. Valuation ratios include the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. The debt ratio is calculated by dividing total liabilities by total assets. The debt ratio for FSLR is a low 38.7%. In other words, the company is less sensitive to changes in business or interest rates since less of its cash flow is dedicated to paying off loan expenses. As with all financial ratios, a company's debt ratio should be compared with the industry average or similar companies.

QIHOO 360 (NYSE:QIHU) has risen 8.2% and is currently trading at $21.86 per share. The company's volume for the morning is 3.3 million shares. This is 2.3 times the current daily average. As a stock moves up or down, it is important to pay attention to the trading volume. This indicates the level of interest: the higher the volume, the more the interest. In making a decision about a potential or existing investment, valuation ratios are useful as a basis for seeing whether the stock price is too high, reasonable, or a bargain. The price/sales ratio measures a company's stock market price by its revenues. The P/S ratio for QIHU is 13.66, which is relatively high. This could be a good sign if the share price increases. It is important to keep in mind when looking at the P/S ratio that just because a company is generating revenues, this does not mean that the company is profitable, and in the long run, profits drive stock prices.

Demandware (NYSE:DWRE) is down 5.2% to reach $24.27 per share. With 152,418 shares changing hands so far today, the company's volume is 1.3 times its current three-month average. If a stock is trading on low volume, then there is not much interest in the stock. On the other hand, if a stock is trading on high volume, then there is a lot of interest in the stock.

After a decline of 4.9%, Tech (Nasdaq:TECD) has hit a share price of $49.58. This morning, the company is trading a volume of 698,522 shares. Volume is used to evaluate how meaningful the price movement of a stock is. Investors can make use of valuation ratios to estimate whether a stock is fairly valued. The debt-equity (D/E) ratio compares the total liabilities for a company to its total shareholder equity. TECD's debt-equity ratio of 4% is on the low end. Companies with low D/E ratios are more attractive to investors because they are better able to protect their business interests in times of decline. The D/E ratio percentage provides a much more dramatic perspective on a company's leverage position than the debt ratio percentage.

Slipping 4.6%, Baidu (Nasdaq:BIDU) is currently trading at $124.90 per share. So far today, 5.1 million shares have changed hands, whereas yesterday, volume was only 3.1 million shares. A stock's volume conveys how excited investors are about it. A wide array of ratios can be used by investors to estimate the attractiveness of a potential or existing investment and get an idea of its valuation. The price/book value ratio is one of the more common methods of determining whether a stock is fairly valued. BIDU's P/B ratio of 13.86 shows that its share price is higher than its book value. This high share price relative to asset value is likely to indicate that the company has been earning a very high return on its assets. To put things in perspective, should be made among companies in the same industry rather than across industries. SEE: How Buybacks Warps The Price-To-Book Ratio

Ellie Mae (NYSE:ELLI) is currently trading at a share price of $24.04, a 4.3% decline. The company's volume for the day so far is 923,177 shares. This is 1.4 times the average daily volume. Volume is an important indicator in technical analysis as it is used to measure the worth of a market move. If the markets have made a strong price move either up or down the perceived strength of that move depends on the volume for that period. The higher the volume during that price move the more significant the move. A company's investment value can be estimated using valuation ratios such as the price to earnings (P/E) ratio, the price to earnings growth (PEG) ratio, the price to sales (P/S) ratio, the price to book (P/B) ratio, and the dividend yield. One of the most important estimates of stock market valuation is the price/earnings ratio (P/E ratio). Compared to the industry average of 3.14, ELLI's P/E ratio of 42.2 is quite high. Usually, if a stock has a high P/E ratio, it indicates that the market expects the company to grow earnings quickly in the future. A high P/E ratio indicates a stock that is expensive, while a low P/E ratio indicates a stock that is cheap. SEE: Investment Valuation Ratios: Price/Earnings Ratio

3D (NYSE:DDD) has increased to a share price of $42.96, a 3.8% rise. The company's volume for the day so far is 699,095 shares, 0.6 times its average over the past three months. Volume indicates the level of interest that investors have in a company at its current price. Investors can use valuation ratios as tools to estimate what kind of deal a particular investment is. The price/earnings to growth (PEG) ratio compares a company's P/E ratio to its earnings-per-share growth rate, which tells you whether or not you are getting a good value when purchasing a stock with a high price/earnings ratio (P/E ratio). DDD has a PEG ratio of 3.91. Because of the adjustment for earnings growth rate, the PEG ratio is somewhat more useful than many formulas for comparing companies in different industries.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

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