Thomson Reuters (NYSE:TRI) downgraded two notches to Underperform from Buy at BofA/Merrill. The stock closed yesterday at $37.60 on volume of 741,700 shares, below the average daily volume of 1,671,951.
In the past 52-weeks, shares of Thomson Reuters have traded between a low of $30.39 and a high of $39.13 and are now at $37.6, which is 23.7% above that low price.
Thomson Reuters is currently above its 50-day moving average (MA) of $36.72 and above its 200-day MA of $34.82. In the last five trading sessions, the 50-day MA has fallen -0.05% while the 200-day MA has risen 0.31%.
Thomson Reuters Corporation is an electronic information and solutions company that serves the global business and professional marketplace. The Company provides proprietary online systems and CD-ROM products in information sectors such as legal and regulatory, financial, scientific reference and healthcare, and corporate training.