Technical Pulse on Financial Sector Stocks -- Research on Och-Ziff Capital Management, WisdomTree Investments, First Republic Bank, and East West Bancorp
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LONDON, May 13, 2014 /PRNewswire/ --
On Monday, May 12, 2014, the NASDAQ Composite ended at 4,143.86, up 1.77%, the Dow Jones Industrial Average finished the day 0.68% higher at 16,695.47, and the S&P 500 closed at 1,896.65, up 0.97%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 298.14, up 1.04%, and the index has advanced 3.94% in the last one month. Investor-Edge has initiated coverage on the following equities: Och-Ziff Capital Management Group LLC (NYSE: OZM), WisdomTree Investments Inc. (NASDAQ: WETF), First Republic Bank (NYSE: FRC) and East West Bancorp Inc. (NASDAQ: EWBC). Free technical research on OZM, WETF, FRC and EWBC can be downloaded upon signing up at:
http://www.investor-edge.com/2444-register
On Monday, shares in Och-Ziff Capital Management Group LLC recorded a trading volume of 1.36 million shares, lower than its three months average volume of 1.56 million shares. The stock finished the day at $12.33, up 3.35%, and registered an intraday range of $11.94 and $12.39. Shares in Och-Ziff Capital Management Group LLC have advanced 2.07% in the past three trading sessions and 4.14% in the last one month. However, the stock has lost 16.69% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $13.14 and $12.96, respectively. Additionally, shares of the company traded at a PE ratio of 16.33 and have a Relative Strength Index (RSI) of 42.95. Sign up today to read free research on OZM at:
http://www.investor-edge.com/2444-OZM-13May2014.pdf
WisdomTree Investments Inc.'s stock gained 2.48%, to close Monday's session at $10.73, after oscillating between $10.48 and $10.83. The stock recorded a trading volume of 2.15 million shares, below its three months average volume of 2.85 million shares. Over the previous three trading sessions, WisdomTree Investments Inc.'s shares have gained 0.37%. However, over the last one month and from the beginning of 2014, the company's stock has declined 5.46% and 39.41%, respectively. The stock is trading below its 50-day and 200-day moving averages. The company stock's 200-day moving average of $13.65 is above its 50-day moving average of $12.72. Further, the company's stock traded at a PE ratio of 19.65 has an RSI of 32.20. Sign up today to read free research on WETF at:
http://www.investor-edge.com/2444-WETF-13May2014.pdf
On Monday, shares in First Republic Bank finished the session 1.40% higher at $51.55. A total of 0.68 million shares were traded, which was below its three months average volume of 0.85 million shares. The stock moved between $50.94 and $51.84 during the session. Over the past three trading sessions and previous three months, First Republic Bank's shares have advanced 1.34% and 3.51%, respectively. However, the stock has gone-down by 1.53% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $52.77 is greater than its 200-day moving average of $49.64. First Republic Bank's stock traded at a PE ratio of 17.18 and it has an RSI of 40.66. Sign up today to read free research on FRC at:
http://www.investor-edge.com/2444-FRC-13May2014.pdf
Shares in East West Bancorp Inc. fluctuated between $33.69 and $34.64 before ending Monday's session up 2.22%, at $34.49. The company's stock reported a trading volume of 0.73 million shares, above its three months average volume of 0.63 million shares. Further, East West Bancorp Inc.'s shares have advanced 1.41% over the previous three trading sessions and 1.29% over the last one month. However, the stock has fallen by 1.37% on YTD basis. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $35.78 is greater than its 200-day moving average of $33.71. Moreover, shares of the company traded at a PE ratio of 15.75 and have an RSI of 35.53. Sign up today to read free research on EWBC at:
http://www.investor-edge.com/2444-EWBC-13May2014.pdf
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