Capital Markets Stocks under Review -- Research on Morgan Stanley, LPL Financial Holdings, Cowen, and BGC Partners
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LONDON, April 28, 2014 /PRNewswire/ --
On Friday, April 25, 2014, the NASDAQ Composite ended at 4,075.56, down 1.75%, the Dow Jones Industrial Average fell 0.85%, to finish the day at 16,361.46, and the S&P 500 closed at 1,863.40, down 0.81%. 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 294.32, down 0.84%, whereas the index has gained 2.80% in the previous three months. Investor-Edge has initiated coverage on the following equities: Morgan Stanley (NYSE: MS), LPL Financial Holdings Inc (NASDAQ: LPLA), Cowen Group Inc. (NASDAQ: COWN) and BGC Partners Inc. (NASDAQ: BGCP). Free technical research on MS, LPLA, COWN and BGCP can be downloaded upon signing up at:
http://www.investor-edge.com/1789-register
On Friday Morgan Stanley's stock fell 1.16%, to close the day at $30.58. The stock recorded a trading volume of 8.37 million shares, much below its three months average volume of 13.33 million shares. The stock oscillated between $30.46 and $30.89 during the session. Over the last three trading sessions and since the start of this year, Morgan Stanley's shares have lost 1.99 % and 2.49 %, respectively. However, the stock has advanced 2.04 % in the previous three months. The stock is trading above its 200-day moving average of $29.38, while the 200-day moving average is below Morgan Stanley's 50-day moving average of $30.74. Additionally, the stock traded at a PE ratio of 14.27 and has a Relative Strength Index (RSI) of 49.96. Sign up today to read free research on MS at:
http://www.investor-edge.com/1789-MS-28Apr2014.pdf
On Friday, shares in LPL Financial Holdings Inc. recorded a trading volume of 2.75 million shares, higher than its three months average volume of 0.91 million shares. The stock ended the day at $46.79, which was 0.85% below its previous day's closing of $47.19, and registered an intraday range of $46.23 and $47.49. Shares of the company traded at a PE ratio of 22.82. LPL Financial Holdings Inc.'s shares have lost 5.07 % in the previous three trading sessions, 11.28 % in the last one month, and 0.55 % on YTD basis. The company's stock is trading above its 200-day moving averages of $44.85. Furthermore, shares of LPL Financial Holdings Inc. have an RSI of 32.42. Sign up today to read free research on LPLA at:
http://www.investor-edge.com/1789-LPLA-28Apr2014.pdf
Cowen Group Inc.'s stock finished the Friday's session 1.18% lower at $4.19. A total of 0.78 million shares were traded, which was below its three months average volume of 1.11 million shares. The stock moved between $4.16 and $4.25 during the session. During the previous three trading sessions and over the last three months, Cowen Group Inc.'s shares have advanced 1.21% and 0.72 %, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 7.16 %. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $4.18 is greater than its 200-day moving average of $3.81. Cowen Group Inc.'s stock traded at a PE ratio of 22.05 and has an RSI of 51.91. Sign up today to read free research on COWN at:
http://www.investor-edge.com/1789-COWN-28Apr2014.pdf
On Friday, shares in BGC Partners Inc. fluctuated between $6.99 and $7.19 before ending the session 1.67% lower at $7.06. The stock reported a trading volume of 0.66 million shares, below its three months average volume of 1.07 million shares. BGC Partners Inc.'s shares have fallen by 2.49% in the previous three trading sessions, whereas the stock has gained 10.49% in the last one month and 16.69% on YTD basis. BGC Partners Inc.'s stock is trading above its 50-day and 200-day moving averages of $6.89 and $6.15, respectively. Moreover, shares of the company have an RSI of 55.84. Sign up today to read free research on BGCP at:
http://www.investor-edge.com/1789-BGCP-28Apr2014.pdf
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