Capital Markets Stocks Technical Review -- Research on Janus Capital, Legg Mason, Ameriprise Financial, and Fortress Investment
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LONDON, March 21, 2014 /PRNewswire/ --
The trading session on Thursday, March 20, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,331.05, up 0.67% and the NASDAQ Composite closed at 4,319.29, up 0.27%. The S&P 500 finished the session 0.60% higher at 1,872.01. The gains were broad based as nine of ten sectors posted gains. The S&P 500 Financials Sector Index finished the day at 302.25, up 1.65%, while the same has gained 4.72% in the last one month. Investor-Edge has initiated coverage on the following equities: Janus Capital Group Inc. (NYSE: JNS), Legg Mason Inc. (NYSE: LM), Ameriprise Financial Inc. (NYSE: AMP), and Fortress Investment Group LLC (NYSE: FIG). Free technical research on JNS, LM, AMP, and FIG can be downloaded upon signing up at:
http://www.investor-edge.com/407-register
Shares in Janus Capital Group Inc. gained 1.55% to finish the day at an intra-day high of $11.17. A total of 1.18 million shares were traded, which is below the three months average volume of 2.96 million. The company's shares oscillated between $10.88 and $11.17 during the session. Shares of the company traded at a PE ratio of 17.16. Janus Capital Group Inc.'s shares have gained 2.01% in the previous three trading sessions and 3.04% in the last one month, while the shares have lost 9.70% on YTD basis. The company's shares are trading below their 50-day moving average. Janus Capital Group Inc.'s 50-day moving average of $11.33 is above the 200-day moving average of $9.99. Additionally, the stock is trading at a Relative Strength Index (RSI) of 47.25. Sign up today to read free research on JNS at:
http://www.investor-edge.com/407-JNS-.pdf
Legg Mason Inc.'s shares recorded a trading volume of 1.33 million shares, as compared with a three months average volume of 1.41 million shares. The stock traded at an intraday trading range of $45.93 and $47.79, and hit a new 52-week high of $47.79, before closing the day at $47.53, up 2.63%. Shares of the company traded at a PE ratio of 22.80. Legg Mason Inc.'s shares have gained 3.39% in the previous three trading sessions, 7.56% in the last one month and 9.31% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $44.12 and $37.89, respectively. Furthermore, the stock is trading at an RSI of 58.36. Sign up today to read free research on LM at:
http://www.investor-edge.com/407-LM-.pdf
On Thursday, shares in Ameriprise Financial Inc. recorded a trading volume of 1.49 million shares, as compared with a three months average volume of 1.20 million shares. The stock ended the day at $111.72, up 2.76% and at an intraday range of $108.38 and $111.84. Shares of the company traded at a PE ratio of 16.73. Ameriprise Financial Inc.'s shares have advanced 2.53% in the previous three trading sessions and 5.20% in the last one month, while the stock declined 2.89% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages of $109.17 and $98.03, respectively. Further, the stock is trading at an RSI of 48.72. Sign up today to read free research on AMP at:
http://www.investor-edge.com/407-AMP-.pdf
Shares in Fortress Investment Group LLC edged 0.38% higher on Thursday, closing the day at $7.94. The stock recorded trading volume of 1.41 million shares as compared to a three months average volume of 1.87 million shares. The stock fluctuated between $7.93 and $8.05 during the trading session. Shares of the company traded at a PE ratio of 12.22. Fortress Investment Group LLC's shares have advanced 2.06% in the previous three trading sessions, while falling by 4.22% in the last one month and 7.24% on YTD basis. The company's stock is trading below its 50-day moving average. Fortress Investment Group LLC's 50-day moving average of $8.45 is above the 200-day moving average of $7.93. Moreover, the stock is trading at an RSI of 39.48. Sign up today to read free research on FIG at:
http://www.investor-edge.com/407-FIG-.pdf
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