Services Sector Wrap

Published July 31, 2012

| FOXBusiness

During trading today, the S&P 500 dropped 0.7%, and the Services sector (IYC) showed little change.

As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, IYC was up 0.5% over the last thirty trading days while the S&P 500 climbed 1.2%.

DineEquity (DIN) was a significant gainer in the sector, rising 15.4%. The stock closed at $53.30 with 568,471 shares moving. The stock traded in a range of $48.16 to $53.75. Shares are up, having risen $11.08 (26.2%) from a price of $42.22 on July 24, 2012.

HFF (HF) was one of the sector's big losers, as its price dropped 11.3% (-$1.67) to close at $13.06. 646,537 shares of the stock moved. The stock traded in a range of $12.71 to $14.51. The stock has fallen over the last three months, dropping $2.41 (-15.6%) from $15.47 on May 3, 2012.

The Corporate Executive Board Company (EXBD) rose 9.6% to close at $46.13, cross its 50-day moving average of $42.18 and 200-day moving average of $40.45. Yandex (YNDX) declined 7.7% to close at $19.23, moving below its 50-day moving average of $18.74 and 200-day moving average of $21.16.

StoneMor Partners L.P (STON) rose 6.1% to close at $25.41, approaching its 50-day moving average of $26.09. It has also moved closer to its 200-day moving average of $25.44. Cato (CATO) fell 4.5% to close at $28, moving down to 0.3% above its 200-day moving average of $27.91.

J. Alexander's Corporation (JAX) hit a new 52-week high today, reaching $13.08 to top the previous high of $11.84.

Heidrick & Struggles International (HSII) hit a new 52-week low today, hitting $13.27 to fall below the previous low of $14.78.

URL

http://www.foxbusiness.com/markets/2012/07/31/services-sector-wrap/