Equity Coverage on the Financial Sector -- Research on T. Rowe Price, Federated Investors, KKR & Co., and MCG Capital
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LONDON, March 26, 2014 /PRNewswire/ --
On Tuesday, March 25, 2014, the NASDAQ Composite finished at 4,234.27, up 0.19%. The Dow Jones Industrial Average closed the session at 16,367.88, up 0.56% and the S&P 500 ended the day at 1,865.62, higher by 0.44%. The gains were broad based with nine out of ten sectors ending the session in positive. The S&P 500 Financials Sector Index finished the day 0.01% higher at 301.64, and the index has advanced 4.25% in the last one month. Investor-Edge has initiated coverage on the following equities: T. Rowe Price Group Inc. (NASDAQ: TROW), Federated Investors Inc. (NYSE: FII), KKR & Co. L.P. (NYSE: KKR), and MCG Capital Corp. (NASDAQ: MCGC). Free technical research on TROW, FII, KKR, and MCGC can be downloaded upon signing up at:
http://www.investor-edge.com/502-register
T. Rowe Price Group Inc.'s stock recorded a trading volume of 1.02 million shares, as compared with a three months average volume of 1.42 million shares. The stock ended the day at $82.40, up 0.11% and at an intraday range of $81.59 and $83.77. Shares of the company traded at a PE ratio of 22.05. T. Rowe Price Group Inc.'s stock have gained 2.87% in the last one month, while the same has declined 0.15% in the previous three trading sessions and 1.64% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. T. Rowe Price Group Inc.'s 50-day moving average of $80.70 is above the 200-day moving average of $77.30. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 54.43. Sign up today to read free research on TROW at:
http://www.investor-edge.com/502-TROW-26Mar2014.pdf
On Tuesday, Federated Investors Inc.'s stock edged 0.67% higher, to close at $29.86. A total of 1.23 million shares were traded, which is above the three months average volume of 0.63 million. The stock oscillated between $29.09 and $29.92 during the trading session. Federated Investors Inc.'s shares have surged 2.19% in the previous three trading sessions, 9.14% in the last one month, and 3.68% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $27.64 and $27.87, respectively. Furthermore, the stock is trading at an RSI of 67.75. Sign up today to read free research on FII at:
http://www.investor-edge.com/502-FII-26Mar2014.pdf
KKR & Co. L.P.'s stock recorded a trading volume of 1.99 million shares, as compared with a three months average volume of 2.20 million shares. The stock ended the day at $22.69, down 0.61% after vacillating between $22.62 and $23.19. Shares of the company traded at a PE ratio of 1.65. KKR & Co. L.P.'s shares have declined 3.28% in the previous three trading sessions, 5.58% in the last one month, and 6.78% on YTD basis. The company's stock is trading above its 200-day moving average. KKR & Co. L.P.'s 50-day moving average of $24.23 is above the 200-day moving average of $22.14. Additionally, shares of the company are trading at an RSI of 36.50. Sign up today to read free research on KKR at:
http://www.investor-edge.com/502-KKR-26Mar2014.pdf
On Tuesday, MCG Capital Corp.'s stock advanced 3.30%, finishing the session at $3.76. The stock registered a trading volume of 0.71 million shares as compared to a three months average volume of 0.59 million shares. The stock fluctuated between $3.67 and $3.78 during the session. Shares of the company traded at a PE ratio of 16.42. MCG Capital Corp.'s stocks have gained 4.74% in the previous three trading sessions, while the same has declined 14.16% in the last one month, and 14.55% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. MCG Capital Corp.'s 200-day moving average of $4.78 is above the 50-day moving average of $4.28. Moreover, the stock is trading at an RSI of 25.95. Sign up today to read free research on MCGC at:
http://www.investor-edge.com/502-MCGC-26Mar2014.pdf
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EDITOR'S NOTES:
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