Stock Watchout on Banking Industry - Toronto-Dominion Bank, Mitsubishi UFJ Financial, Susquehanna Bancshares, Synovus Financial, and BankUnited
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LONDON, January 16, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: The Toronto-Dominion Bank (NYSE: TD), Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), Susquehanna Bancshares Inc. (NASDAQ: SUSQ), Synovus Financial Corporation (NYSE: SNV), and BankUnited Inc. (NYSE: BKU). Free research reports can be accessed at: http://investor-edge.com/register. On Thursday, January 15, 2015, the NASDAQ Composite ended at 4,570.82, down 1.48%, the Dow Jones Industrial Average declined 0.61%, to finish the day at 17,320.71, and the S&P 500 closed at 1,992.67, down 0.92%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 312.90, down 1.28%, while the index has advanced 5.43% in the previous three months. Register for your complimentary reports at:
http://investor-edge.com/register
The Toronto-Dominion Bank's stock declined 1.46%, to close the day at $41.72. The stock recorded a trading volume of 3.94 million shares, much above its three months average volume of 1.48 million shares. The stock oscillated between $41.70 and $42.52 during the session. Over the last three trading sessions and over the past one month, The Toronto-Dominion Bank's shares have declined 4.07% and 6.67%, respectively. Further, the stock has lost 6.40% in the last one year. The stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $49.34 is above its 50-day moving average of $47.69. Additionally, The Toronto-Dominion Bank traded at a PE ratio of 11.76 and has a Relative Strength Index (RSI) of 22.27. Sign up and read the free notes on TD at:
http://get.Investor-Edge.com/pdf/?c=Toronto-Dominion%20Bank&d=16-Jan-2015&s=TD
On Thursday, shares in Mitsubishi UFJ Financial Group Inc. recorded a trading volume of 1.65 million shares, higher than its three months average volume of 1.48 million shares. The stock ended the day at $5.20, which was 0.19% below its previous day's closing of $5.21, and registered an intraday range of $5.19 and $5.23. Mitsubishi UFJ Financial Group Inc.'s shares have lost 0.38% in the previous three trading sessions, 1.89% in the last three months and 20.00% in the past one year. The stock is trading below its 50-day and 200-day moving averages of $5.58 and $5.67, respectively. Furthermore, shares of Mitsubishi UFJ Financial Group Inc. have an RSI of 30.91. The complimentary notes on MTU can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Mitsubishi%20UFJ%20Financial&d=16-Jan-2015&s=MTU
Susquehanna Bancshares Inc.'s stock edged 0.63% lower, to close Thursday's session at $12.65, after oscillating between $12.59 and $12.76. The stock recorded a trading volume of 2.17 million shares, below its three months average volume of 2.88 million shares. Over the previous three trading sessions and the last one year, Susquehanna Bancshares Inc.'s shares have lost 2.39% and 0.78%, respectively. However, the stock has surged 28.04% in the last three months. The stock is trading above its 200-day moving average of $10.90, while the 200-day moving average is below Susquehanna Bancshares Inc.'s 50-day moving average of $12.73. Further, the stock traded at a PE ratio of 15.56 and has an RSI of 42.07. Register for free on Investor-Edge and access the latest research on SUSQ at:
http://get.Investor-Edge.com/pdf/?c=Susquehanna%20Bancshares&d=16-Jan-2015&s=SUSQ
Synovus Financial Corp.'s stock finished Thursday's session 1.48% lower at $24.60. A total of 1.33 million shares were traded, which was close to its three months average volume of 1.35 million shares. The stock moved between $24.46 and $25.07 during the session. Synovus Financial Corp.'s shares have surged 10.31% in the previous three months. However, the stock has declined 3.61% in the past one month and 4.76% in the last one year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $26.05 is greater than its 200-day moving average of $24.26. Synovus Financial Corp.'s stock traded at a PE ratio of 17.97 and has an RSI of 37.19. The complete research on SNV is available for free at:
http://get.Investor-Edge.com/pdf/?c=Synovus%20Financial&d=16-Jan-2015&s=SNV
On Thursday, shares in BankUnited Inc. fluctuated between $26.69 and $27.13 before ending the session 1.15% lower at $26.74. The stock reported a trading volume of 0.86 million shares, close to its three months average volume of 0.88 million shares. Shares of the company traded at a PE ratio of 13.37. BankUnited Inc.'s shares have declined 1.44% in the previous three trading sessions, 3.33% in the last one month and 15.91% in the last one year. The stock is trading below its 50-day and 200-day moving averages of $29.22 and $31.34, respectively. Moreover, shares of BankUnited Inc. have an RSI of 31.32. Free in depth research on BKU is available at:
http://get.Investor-Edge.com/pdf/?c=BankUnited&d=16-Jan-2015&s=BKU
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