Diversified Banks Equities Technical Coverage -- Bank of America, Wells Fargo, JPMorgan Chase, Mitsubishi UFJ Financial, and Toronto-Dominion Bank
LONDON, February 27, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Wells Fargo and Company (NYSE: WFC), JPMorgan Chase and Company (NYSE: JPM), Mitsubishi UFJ Financial Group Inc. (NYSE: MTU), and The Toronto-Dominion Bank (NYSE: TD). Free research report on Bank of America can be accessed at http://get.Investor-Edge.com/pdf/?c=Bank%20of%20America&d=27-Feb-2015&s=BAC. On Thursday, February 26, 2015, the NASDAQ Composite ended at 4,987.89, up 0.42%, the Dow Jones Industrial Average lost 0.06%, to finish the day at 18,214.42, and the S&P 500 closed at 2,110.74, down 0.15%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 328.86, down 0.30%, while the index has advanced 2.12% in the last one month. Register for your complimentary reports at the links given below.
Bank of America Corp.'s stock finished Thursday's session 2.73% lower at $16.04. A total of 160.85 million shares were traded, which was much above its three months average volume of 91.02 million shares. The stock moved between $15.90 and $16.44 during the session. Over the previous three trading sessions and the last one year, Bank of America Corp.'s shares have fallen by 0.99% and 1.78%, respectively. However, the stock has gained 1.20% in the past one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $16.57 is greater than its 200-day moving average of $16.23. Bank of America Corp.'s stock traded at a PE ratio of 11.13 and has a Relative Strength Index (RSI) of 53.54. Sign up and read the free notes on BAC at:
http://get.Investor-Edge.com/pdf/?c=Bank%20of%20America&d=27-Feb-2015&s=BAC
On Thursday, shares in Wells Fargo and Co. fluctuated between $54.96 and $55.35 before ending the session 0.33% lower at $55.15. The stock reported a trading volume of 13.56 million shares, below its three months average volume of 16.68 million shares. Shares of the company traded at a PE ratio of 13.45. Wells Fargo and Co.'s shares have advanced 2.93% in the last one month, 1.60% in the previous three months and 19.76% in the last one year. The company is trading above its 50-day and 200-day moving averages of $53.72 and $52.23, respectively. Moreover, shares of Wells Fargo and Co. have an RSI of 59.60. The complimentary notes on WFC can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Wells%20Fargo&d=27-Feb-2015&s=WFC
JPMorgan Chase and Co.'s stock edged 0.72% higher, to close the day at $61.58. The stock recorded a trading volume of 15.44 million shares, below its three months average volume of 18.28 million shares. The stock oscillated between $60.91 and $61.70 during the session. Over the last three trading sessions and over the past one month, JPMorgan Chase and Co.'s shares have gained 3.76% and 8.47%, respectively. Further, the stock has advanced 8.51% in the previous year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $58.91 is above its 200-day moving average of $58.51. Additionally, JPMorgan Chase and Co. traded at a PE ratio of 10.37 and has an RSI of 63.65. Register for free on Investor-Edge and access the latest research on JPM at:
http://get.Investor-Edge.com/pdf/?c=JPMorgan%20Chase&d=27-Feb-2015&s=JPM
On Thursday, shares in Mitsubishi UFJ Financial Group Inc. recorded a trading volume of 2.49 million shares, higher than its three months average volume of 1.72 million shares. The stock ended the day at $6.61, which was 2.64% above its previous day's closing of $6.44, and registered an intraday range of $6.55 and $6.65. Mitsubishi UFJ Financial Group Inc.'s shares have surged 24.02% in the last one month, 15.56% in the last three months and 12.61% in the past one year. The company is trading above its 50-day and 200-day moving averages of $5.60 and $5.71, respectively. Furthermore, shares of Mitsubishi UFJ Financial Group Inc. have an RSI of 78.13. The complete research on MTU is available for free at:
http://get.Investor-Edge.com/pdf/?c=Mitsubishi%20UFJ%20Financial&d=27-Feb-2015&s=MTU
The Toronto-Dominion Bank's stock edged 0.18% higher, to close Thursday's session at $43.52, after oscillating between $42.00 and $44.16. The stock recorded a trading volume of 2.12 million shares, above its three months average volume of 1.92 million shares. Over the last three trading sessions and the previous month, The Toronto-Dominion Bank's shares have advanced 2.33% and 3.40%, respectively. However, the stock has lost 2.03% in the last one year. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $48.69 is above its 50-day moving average of $43.97. Further, The Toronto-Dominion Bank's stock traded at a PE ratio of 12.67 and has an RSI of 50.46. Free in depth research on TD is available at:
http://get.Investor-Edge.com/pdf/?c=Toronto-Dominion%20Bank&d=27-Feb-2015&s=TD
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article