Diversified Banks Equities under the Scanner -- Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, and Toronto-Dominion Bank
LONDON, March 27, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), JP Morgan Chase and Company (NYSE: JPM), Wells Fargo and Company (NYSE: WFC), 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-Mar-2015&s=BAC. The US markets on Thursday, March 26, 2015, ended on a negative note as the Dow Jones Industrial Average finished at 17,678.23, down 0.23% and the NASDAQ Composite closed at 4,863.36, down 0.27%. The S&P 500 finished the session 0.24% lower at 2,056.15. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Financials Sector Index ended the day at 323.21, down 0.16%, whereas the index has advanced 8.17% in the past one year. Register for your complimentary reports at the links given below.
Bank of America Corp.'s stock edged 0.06% higher, to close the day at $15.42. The stock recorded a trading volume of 76.68 million shares, below its three months average volume of 96.51 million shares. The company's shares oscillated between $15.26 and $15.54 during the session. Over the previous three trading sessions and over the last one month, Bank of America Corp.'s shares have fallen by 1.91% and 3.87%, respectively. Further, the stock has lost 10.24% in the past one year. The company is trading below its 50-day and 200-day moving averages. Bank of America Corp.'s 200-day moving average of $16.32 is above its 50-day moving average of $15.96. Additionally, the stock traded at a PE ratio of 10.70 and has a Relative Strength Index (RSI) of 37.58. Sign up and read the free notes on BAC at:
http://get.Investor-Edge.com/pdf/?c=Bank%20of%20America&d=27-Mar-2015&s=BAC
On Thursday, Citigroup Inc.'s stock recorded a trading volume of 21.84 million shares, higher than its three months average volume of 20.86 million shares. The stock ended the day at $51.19, which was 0.37% below its previous day's closing of $51.38, and registered an intraday range of $50.47 and $51.46. Shares of the company traded at a PE ratio of 9.90. Citigroup Inc.'s shares have fallen by 2.46% in the previous three trading sessions and 2.33% in the last one month, while the stock has advanced 2.05% in the past one year. The company is trading above its 50-day and 200-day moving averages of $50.78 and $51.16, respectively. Furthermore, shares of Citigroup Inc. have an RSI of 43.95. The complimentary notes on C can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Citigroup&d=27-Mar-2015&s=C
JP Morgan Chase and Co.'s stock edged 0.12% lower to end Thursday's session at $59.54. The stock recorded a trading volume of 14.03 million shares, below its three months average volume of 18.01 million shares. The company's shares fluctuated between $58.87 and $59.79 during the session. Shares of the company traded at a PE ratio of 10.03. JP Morgan Chase and Co.'s shares have fallen by 0.60% in the past one year. Further, the stock has lost 2.62% in the previous three trading sessions and 3.31% over the last one month. The company is trading above its 50-day and 200-day moving averages. JP Morgan Chase and Co.'s 200-day moving average of $59.13 is above its 200-day moving average of $59.04. Additionally, the stock has an RSI of 43.77. 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-Mar-2015&s=JPM
On Thursday, shares in Wells Fargo and Co. fluctuated between $53.97 and $54.75 before ending the session 0.07% lower at $54.50. The stock reported a trading volume of 15.01 million shares, lower than its three months average volume of 16.36 million shares. Shares of the company traded at a PE ratio of 13.29. Although Wells Fargo and Co.'s stock has gained 12.37% in the past one year, it has fallen by 1.18% in the last one month and 1.41% in the previous three months. The company is trading above its 50-day and 200-day moving averages of $54.16 and $52.72, respectively. Moreover, shares of Wells Fargo and Co. have an RSI of 46.49. The complete research on WFC is available for free at:
http://get.Investor-Edge.com/pdf/?c=Wells%20Fargo&d=27-Mar-2015&s=WFC
The Toronto-Dominion Bank's stock finished Thursday's session 0.30% lower at $43.03. A total of 1.43 million shares were traded, which was below its three months average volume of 1.94 million shares. The stock vacillated between $42.84 and $43.48 during the session. Over the previous three trading sessions and over the last one month, The Toronto-Dominion Bank's shares have fallen by 0.60% and 1.13%, respectively. Additionally, over the past one year, the stock lost 7.46%. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $48.09 is greater than its 50-day moving average of $42.72. The Toronto-Dominion Bank's stock traded at a PE ratio of 12.80 and has an RSI of 51.59. Free in depth research on TD is available at:
http://get.Investor-Edge.com/pdf/?c=Toronto-Dominion%20Bank&d=27-Mar-2015&s=TD
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