Asset Management and Custody Banks Stocks Technical Review -- Blackstone, Invesco, Franklin Resources, Prospect Capital, and Northern Trust
LONDON, March 11, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: The Blackstone Group L.P. (NYSE: BX), Invesco Ltd (NYSE: IVZ), Franklin Resources Inc. (NYSE: BEN), Prospect Capital Corporation (NASDAQ: PSEC), and Northern Trust Corporation (NASDAQ: NTRS). Free research report on Blackstone can be accessed at http://get.Investor-Edge.com/pdf/?c=Blackstone&d=11-Mar-2015&s=BX. The US markets declined on Tuesday, March 10, 2015, as the Dow Jones Industrial Average finished at 17,662.94, down 1.85% and the NASDAQ Composite closed at 4,859.80, down 1.67%. The S&P 500 finished the session 1.70% lower at 2,044.16. During the trading session, all the ten sectors finished on a negative note. The S&P 500 Financials Sector Index ended the day at 320.26, down 2.12%, whereas the index has advanced 6.40% in the past one year. Register for your complimentary reports at the links given below.
The Blackstone Group L.P.'s stock edged 0.05% lower, to close the day at $38.28. The stock recorded a trading volume of 3.93 million shares, below its three months average volume of 4.25 million shares. The company's shares oscillated between $37.76 and $38.34 during the session. Over the last one month and over the previous three months, The Blackstone Group L.P.'s shares have advanced 4.31% and 12.49%, respectively. Further, the stock has gained 8.81% in the past one year. The company is trading above its 50-day and 200-day moving averages. The Blackstone Group L.P.'s 50-day moving average of $36.06 is above its 200-day moving average of $33.39. Additionally, the stock traded at a PE ratio of 10.21 and has a Relative Strength Index (RSI) of 59.78. Sign up and read the free notes on BX at:
http://get.Investor-Edge.com/pdf/?c=Blackstone&d=11-Mar-2015&s=BX
On Tuesday, Invesco Ltd's stock recorded a trading volume of 2.93 million shares, lower than its three months average volume of 3.11 million shares. The stock ended the day at $39.45, which was 2.35% below its previous day's closing of $40.40, and registered an intraday range of $39.44 and $39.98. Shares of the company traded at a PE ratio of 17.87. Invesco Ltd's shares have gained 0.20% in the last one month and 13.17% in the past one year, while the stock has fallen by 2.01% in the previous three months. The company is trading above its 50-day and 200-day moving averages of $38.68 and $38.88, respectively. Furthermore, shares of Invesco Ltd have an RSI of 60.28. The complimentary notes on IVZ can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Invesco&d=11-Mar-2015&s=IVZ
Shares in Franklin Resources Inc. lost 3.23% to end Tuesday's session at $51.58. The stock recorded a trading volume of 2.59 million shares, above its three months average volume of 1.93 million shares. The company's shares fluctuated between $51.56 and $52.62 during the session. Shares of the company traded at a PE ratio of 13.95. Franklin Resources Inc.'s shares have lost 4.61% in the previous three trading sessions. Further, the stock has fallen by 3.66% over the last one month and 2.19% in the past one year. The company is trading below its 50-day and 200-day moving averages. Franklin Resources Inc.'s 200-day moving average of $54.83 is above its 50-day moving average of $53.59. Additionally, the stock has an RSI of 47.11. Register for free on Investor-Edge and access the latest research on BEN at:
http://get.Investor-Edge.com/pdf/?c=Franklin%20Resources&d=11-Mar-2015&s=BEN
On Tuesday, shares in Prospect Capital Corp. fluctuated between $8.50 and $8.64 before ending the session 1.62% lower at $8.51. The stock reported a trading volume of 1.93 million shares, lower than its three months average volume of 3.21 million shares. Shares of the company traded at a PE ratio of 7.87. Although Prospect Capital Corp.'s stock has fallen by 2.63% in the previous three trading sessions and 1.39% in the last one month, it has advanced 4.42% in the past three months. The company is trading below its 50-day and 200-day moving averages of $8.54 and $9.62, respectively. Moreover, shares of Prospect Capital Corp. have an RSI of 50.07. The complete research on PSEC is available for free at:
http://get.Investor-Edge.com/pdf/?c=Prospect%20Capital&d=11-Mar-2015&s=PSEC
Northern Trust Corp.'s stock finished Tuesday's session 1.60% lower at $69.38. A total of 1.25 million shares were traded, which was above its three months average volume of 1.16 million shares. The stock vacillated between $69.26 and $70.01 during the session. Over the past three months and over the last one year, Northern Trust Corp.'s shares have advanced 3.41% and 8.20%, respectively. However, over the previous three trading sessions, the stock has fallen by 0.14%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $67.59 is greater than its 200-day moving average of $66.42. Northern Trust Corp.'s stock traded at a PE ratio of 20.59 and has an RSI of 57.58. Free in depth research on NTRS is available at:
http://get.Investor-Edge.com/pdf/?c=Northern%20Trust&d=11-Mar-2015&s=NTRS
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