Pre-market Banks Picks - Itau Unibanco Holding, Banco Bradesco, Associated Banc-Corp., PacWest Bancorp., and Popular
LONDON, March 25, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Itau Unibanco Holding S.A. (NYSE: ITUB), Banco Bradesco S.A. (NYSE: BBD), Associated Banc-Corp (NYSE: ASB), PacWest Bancorp (NASDAQ: PACW), and Popular Inc. (NASDAQ: BPOP). Free research report on Itau Unibanco Holding can be accessed at http://get.Investor-Edge.com/pdf/?c=Itau%20Unibanco%20Holding&d=25-Mar-2015&s=ITUB. On Tuesday, March 24, 2015, the NASDAQ Composite ended at 4994.73, down 0.32%, the Dow Jones Industrial Average declined 0.58%, to finish the day at 18,011.14, and the S&P 500 closed at 2,091.50, down 0.61%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 328.61, down 0.86%, with the index also declining 0.03% in the previous three trading sessions. Register for your complimentary reports at the links given below.
On Tuesday, shares in Itau Unibanco Holding S.A. fluctuated between $11.13 and $11.47 before ending the session 0.09% higher at $11.28. The stock reported a trading volume of 10.40 million shares, below its three months average volume of 13.52 million shares. Although, Itau Unibanco Holding S.A.'s shares have advanced 4.93% in the previous three trading sessions, it has lost 12.90% in the last one month and 10.54% in the past one year. The company is trading below its 50-day and 200-day moving averages of $12.26 and $14.23, respectively. Moreover, shares of Itau Unibanco Holding S.A. have a Relative Strength Index (RSI) of 45.82. Sign up and read the free notes on ITUB at:
http://get.Investor-Edge.com/pdf/?c=Itau%20Unibanco%20Holding&d=25-Mar-2015&s=ITUB
Banco Bradesco S.A.'s stock edged 0.26% lower, to close the day at $11.58. The stock recorded a trading volume of 7.95 million shares, below its three months average volume of 8.93 million shares. The stock oscillated between $11.39 and $11.84 during the session. Over the last three months and over the past one year, Banco Bradesco S.A.'s shares have declined 12.80% and 7.51%, respectively. However, the stock has advanced 5.85% in the previous three trading sessions. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $14.44 is above its 50-day moving average of $12.61. Additionally, Banco Bradesco S.A. has an RSI of 47.29. The complimentary notes on BBD can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Banco%20Bradesco&d=25-Mar-2015&s=BBD
On Tuesday, shares in Associated Banc-Corp recorded a trading volume of 0.41 million shares, lower than its three months average volume of 0.83 million shares. The stock ended the day at $18.64, which was 0.64% below its previous day's closing of $18.76, and registered an intraday range of $18.57 and $18.76. Shares of the company traded at a PE ratio of 15.93. Associated Banc-Corp.'s shares have advanced 0.54% in the previous three trading sessions, 0.22% in the last three months and 2.39% in the past one year. The company is trading above its 50-day and 200-day moving averages of $18.10 and $18.12, respectively. Furthermore, shares of Associated Banc-Corp have an RSI of 53.62. Register for free on Investor-Edge and access the latest research on ASB at:
http://get.Investor-Edge.com/pdf/?c=Associated%20Banc-Corp.&d=25-Mar-2015&s=ASB
PacWest Bancorp's stock edged 0.80% lower, to close Tuesday's session at $46.15, after oscillating between $46.14 and $46.92. The stock recorded a trading volume of 0.67 million shares, close to its three months average volume of 0.66 million shares. Over the last one month and the previous three months, PacWest Bancorp's shares have advanced 0.92% and 0.79%, respectively. Additionally, the stock has gained 5.90% in the last one year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $45.09 is above its 200-day moving average of $43.53. Further, PacWest Bancorp's stock traded at a PE ratio of 17.56 and has an RSI of 53.49. The complete research on PACW is available for free at:
http://get.Investor-Edge.com/pdf/?c=PacWest%20Bancorp.&d=25-Mar-2015&s=PACW
Popular Inc.'s stock finished Tuesday's session 0.56% higher at $34.37. A total of 0.77 million shares were traded, which was above its three months average volume of 0.63 million shares. The stock moved between $33.72 and $34.60 during the session. Over the last one month and the previous three months, Popular Inc.'s shares have advanced 4.40% and 2.05%, respectively. Additionally, the stock has gained 9.42% in the past one year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $32.99 is greater than its 200-day moving average of $32.09. Popular Inc.'s stock has an RSI of 50.51. Free in depth research on BPOP is available at:
http://get.Investor-Edge.com/pdf/?c=Popular&d=25-Mar-2015&s=BPOP
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