Capital Markets Stocks Technical Review -- Fortress Investment, BlackRock, Legg Mason, Eaton Vance, and Prospect Capital
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LONDON, August 8, 2014 /PRNewswire/ --
On Thursday, August 07, 2014, the NASDAQ Composite ended at 4,334.97, down 0.46%, the Dow Jones Industrial Average finished the day 0.46% lower at 16,368.27, and the S&P 500 closed at 1,909.57, down 0.56%. 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 298.11, down 0.53%, and the index has declined 3.55% in the last one month. Investor-Edge has initiated coverage on the following equities: Fortress Investment Group LLC (NYSE: FIG), BlackRock Inc. (NYSE: BLK), Legg Mason Inc. (NYSE: LM), Eaton Vance Corporation (NYSE: EV), and Prospect Capital Corporation (NASDAQ: PSEC). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Thursday, shares in Fortress Investment Group LLC recorded a trading volume of 0.78 million shares, lower than its three months average volume of 1.22 million shares. The stock finished the day at $7.50, down 0.66%, and registered an intraday range of $7.49 and $7.61. Shares of Fortress Investment Group LLC have advanced 0.27% in the last one month and 7.60% in the past three months. However, the stock has lost 12.38% on YTD basis. Furthermore, the company's shares are trading below their 50-day and 200-day moving averages. The stock's 200-day moving average of $7.87 is above its 50-day moving average of $7.51. Additionally, shares of Fortress Investment Group LLC traded at a PE ratio of 10.00 and have a Relative Strength Index (RSI) of 52.39. Sign up and read the free notes on FIG at:
http://www.Investor-Edge.com/FIG-08Aug2014
BlackRock Inc.'s stock fell by 0.35%, to close Thursday's session at $302.97, after oscillating between $301.52 and $307.74. The stock recorded a trading volume of 0.43 million shares, below its three months average volume of 0.56 million shares. Over the past three trading sessions and last one month, BlackRock Inc.'s shares have declined 0.79% and 5.67%, respectively. Also, from the beginning of 2014, the stock has lost 4.27%. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $314.49 is above its 200-day moving average of $306.95. Further, BlackRock Inc.'s stock traded at a PE ratio of 17.23 and has an RSI of 37.27. The complimentary notes on BLK can be downloaded as in PDF format at:
http://www.Investor-Edge.com/BLK-08Aug2014
Legg Mason Inc.'s stock fluctuated between $47.00 and $48.10 before ending Thursday's session down 1.15%, at $47.13. The stock reported a trading volume of 0.79 million shares, close to its three months average volume of 0.81 million shares. Further, Legg Mason Inc.'s shares have fallen by 7.79% over the last one month and 0.36% over the past three months. However, the stock has rallied 8.39% on YTD basis. The company's shares are trading above their 200-day moving average. The stock's 50-day moving average of $50.16 is greater than its 200-day moving average of $45.28. Moreover, shares of Legg Mason Inc. traded at a PE ratio of 19.64 and have an RSI of 38.21. Register for free on Investor-Edge and access the latest research on LM at:
http://www.Investor-Edge.com/LM-08Aug2014
On Thursday, Eaton Vance Corp.'s stock finished the session 0.73% lower at $35.33. A total of 0.64 million shares were traded, which was below its three months average volume of 0.89 million shares. The stock moved between $35.24 and $35.83 during the session. Over the last one month and past three months, Eaton Vance Corp.'s shares have fallen by 7.05% and 2.73%, respectively. Also, the stock has plummeted 17.43% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $38.69 is greater than its 50-day moving average of $37.09. Shares of Eaton Vance Corp. traded at a PE ratio of 15.70 and have an RSI of 39.68. The complete research on EV is available for free at:
http://www.Investor-Edge.com/EV-08Aug2014
Prospect Capital Corp.'s stock declined 0.28%, to close Thursday's session at $10.62, after vacillating between $10.58 and $10.69. The stock recorded a trading volume of 2.32 million shares, below its three months average volume of 6.09 million shares. Over the last one month and from the beginning of 2014, Prospect Capital Corp.'s shares have lost 1.12% and 5.35%, respectively. However, over the past three months, the stock has gained 4.12%. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $10.87 is above its 50-day moving average of $10.45. Further, Prospect Capital Corp.'s stock traded at a PE ratio of 8.31 and has an RSI of 48.92. Free in depth research on PSEC is available at:
http://www.Investor-Edge.com/PSEC-08Aug2014
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