Stocks Under Scanner in the Banking Space -- Barclays, Credit Suisse, HSBC Holdings, and East West Bancorp
NEW YORK, July 7, 2017 /PRNewswire/ --
If you want a Stock Review on BCS, CS, HSBC or EWBC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Thursday, July 06, 2017, the NASDAQ Composite ended the trading session at 6,089.46, down 1.00%; the Dow Jones Industrial Average edged 0.74% lower, to finish at 21,320.04; and the S&P 500 closed at 2,409.75, marginally dropping 0.94%. Losses were broad based as all nine sectors ended the day in negative. This Friday, DailyStockTracker.com has initiated reports coverage on the following Foreign Money Center Banks equities: Barclays PLC (NYSE: BCS), Credit Suisse Group AG (NYSE: CS), HSBC Holdings PLC (NYSE: HSBC), and East West Bancorp Inc. (NASDAQ: EWBC). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/
Barclays
On Thursday, shares in London, the UK headquartered Barclays PLC recorded a trading volume of 4.08 million shares, which was above their three months average volume of 3.44 million shares. The stock ended at $10.79, rising 1.31% from the last trading session. The Company's shares have gained 0.37% in the last one month. The stock is trading above its 50-day and 200-day moving averages by 0.68% and 1.88%, respectively. Furthermore, shares of Barclays, which through its subsidiaries, provides various financial products and services worldwide, have a Relative Strength Index (RSI) of 58.72. Sign up and read the free research report on BCS at: http://dailystocktracker.com/registration/?symbol=BCS
Credit Suisse
Zurich, Switzerland-based Credit Suisse Group AG's stock finished yesterday's session 0.20% lower at $15.01 with a total trading volume of 3.13 million shares. The Company's shares have gained 9.48% in the last one month, 8.24% over the previous three months, and 8.77% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.14% and 7.00%, respectively. Furthermore, shares of Credit Suisse, which together with its subsidiaries, provide various financial services worldwide, have an RSI of 69.46.
On June 26th, 2017, research firm JP Morgan resumed its 'Overweight' rating on the Company's stock. The complimentary research report on CS can be downloaded at: http://dailystocktracker.com/registration/?symbol=CS
HSBC Holdings
At the close of trading on Thursday, shares in London, the UK headquartered HSBC Holdings PLC saw a slight drop of 0.30%, ending the day at $47.01. The stock recorded a trading volume of 1.43 million shares. The Company's shares have advanced 6.21% in the last one month, 15.56% in the previous three months, and 17.00% since the start of this year. The stock is trading 7.90% and 14.49% above its 50-day and 200-day moving averages, respectively. Moreover, shares of HSBC Holdings, which provides banking and financial products and services in the UK and internationally, have an RSI of 76.03.
On June 28th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. Register for free on DailyStockTracker.com and access the latest report on HSBC at: http://dailystocktracker.com/registration/?symbol=HSBC
East West Bancorp
Pasadena, California headquartered East West Bancorp Inc.'s shares ended the day 0.85% lower at $59.55 with a total trading volume of 1.02 million shares. The stock has gained 10.65% in the last month, 17.50% over the previous three months, and 17.16% on an YTD basis. The Company's shares are trading 5.85% above their 50-day moving average and 19.04% above their 200-day moving average. Additionally, shares of East West Bancorp, which operates as the holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals, have an RSI of 63.33. Get free access to your research report on EWBC at: http://dailystocktracker.com/registration/?symbol=EWBC
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