Pre-market Equity Watch on Asset Management -- Franklin Resources, WisdomTree Investments, Apollo Investment, T. Rowe Price Group, and Ameriprise Financial
NEW YORK, September 24, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Franklin Resources Inc. (NYSE: BEN), WisdomTree Investments Inc. (NASDAQ: WETF), Apollo Investment Corporation (NASDAQ: AINV), T. Rowe Price Group Inc. (NASDAQ: TROW), and Ameriprise Financial Inc. (NYSE: AMP). Free research report on Franklin Resources can be accessed at https://www.erionline.net/BEN.pdf On Wednesday, September 23, 2015, the NASDAQ Composite ended at 4,752.74, down 0.08%, the Dow Jones Industrial Average edged 0.31% lower, to finish the day at 16,279.89, and the S&P 500 closed at 1,938.76, down 0.20%. The losses were broad based as all the sectors ended the session in negative. Register for your complimentary reports at the links given below.
On Wednesday, shares in Franklin Resources Inc. ended the session 1.24% lower at $37.54. The stock reported a trading volume of 3.04 million shares, below its three months average volume of 3.33 million shares. Shares of the company traded at a PE ratio of 10.06. Franklin Resources Inc.'s shares have lost 4.74% in the last one month, 25.62% in the previous three months and 31.80% on YTD basis. The company is trading 13.01% below its 50-day moving average and 24.82% below its 200-day moving average. Moreover, shares of Franklin Resources Inc. have a Relative Strength Index (RSI) of 27.43. Sign up and read the free notes on BEN at:
https://www.erionline.net/BEN.pdf
WisdomTree Investments Inc.'s stock edged 0.17% higher, to close the day at $17.58. The stock recorded a trading volume of 1.97 million shares, below its three months average volume of 3.03 million shares. Over the last one month and over the past three months, WisdomTree Investments Inc.'s shares have declined 8.05% and 23.04%, respectively. However, the stock has advanced 12.15% since the start of this year. The company's shares are trading 11.92% below their 200-day moving average. Additionally, WisdomTree Investments Inc. traded at a PE ratio of 42.88 and has an RSI of 38.79. The complimentary notes on WETF can be downloaded in PDF format at:
https://www.erionline.net/WETF.pdf
On Wednesday, shares in Apollo Investment Corp. recorded a trading volume of 2.12 million shares, higher than their three months average volume of 1.62 million shares. The stock ended the day 1.03% lower at $5.79. Shares of the company traded at a PE ratio of 64.33. Apollo Investment Corp.'s stock has declined 4.97% in the last one month, 18.01% in the previous three months and 15.12% on YTD basis. The company is trading below its 50-day and 200-day moving averages by 9.88% and 16.34%, respectively. Furthermore, shares of Apollo Investment Corp. have an RSI of 29.60. Register for free on Equity Research Institute and access the latest research on AINV at:
https://www.erionline.net/AINV.pdf
T. Rowe Price Group Inc.'s stock edged 0.28% lower, to close Wednesday's session at $68.87. The stock recorded a trading volume of 1.37 million shares, below its three months average volume of 1.60 million shares. Over the last one month and the previous three months, T. Rowe Price Group Inc.'s shares have lost 0.39% and 11.88%, respectively. Additionally, the stock has lost 16.09% since the start of this year. The company is trading 6.63% and 11.65% below its 50-day and 200-day moving averages, respectively. Furthermore, T. Rowe Price Group Inc.'s stock traded at a PE ratio of 15.10 and has an RSI of 39.23. The complete research on TROW is available for free at:
https://www.erionline.net/TROW.pdf
Ameriprise Financial Inc.'s stock finished Wednesday's session 0.54% lower at $106.92. A total of 0.93 million shares were traded, which was below its three months average volume of 1.30 million shares. Over the last one month and the previous three months, Ameriprise Financial Inc.'s shares have lost 2.03% and 16.27%, respectively. Additionally, the stock has declined 17.93% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 9.50% and 15.03%, respectively. Ameriprise Financial Inc.'s stock traded at a PE ratio of 12.28 and has an RSI of 36.84. Free in-depth research on AMP is available at:
https://www.erionline.net/AMP.pdf
--
About Equity Research Institute:
Equity Research Institute ("ERI") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ERI has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
ERI has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the Sponsor have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the Sponsor (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.
NO WARRANTY
ERI, the Author, the Reviewer and the Sponsor (collectively referred to as the "Publishers") are 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 the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ERI nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.erionline.net.
RESTRICTIONS
ERI is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE www.erionline.net
Share this article