This Morning's Technical Outlook on Credit Services Stocks -- Discover Financial Services, Qudian, Capital One Financial, and CIT Group
NEW YORK, Dec. 06, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on DFS, QD, COF, and CIT which is a click away at http://www.wallstequities.com/registration. For today, WallStEquities.com draws investors' attention to Discover Financial Services (NYSE: DFS), Qudian Inc. (NYSE: QD), Capital One Financial Corp. (NYSE: COF), and CIT Group Inc. (NYSE: CIT). Credit Services companies originate, acquire, and service loans to individuals and corporations. Their products include student loans, mortgages, lines of credit, private equity, and venture capital. With Wall St. Equities' free research reports get an edge over stock markets, sign up now at: http://www.wallstequities.com/registration
Discover Financial Services
Riverwoods, Illinois-based Discover Financial Services' shares declined 0.35%, closing Tuesday's trading session at $73.18. The stock recorded a trading volume of 3.45 million shares, which was above its three months average volume of 2.41 million shares. The Company's shares have advanced 8.51% in the last month, 24.33% over the previous three months, and 1.51% since the start of this year. The stock is trading 10.97% above its 50-day moving average and 14.93% above its 200-day moving average. Additionally, shares of the Company, which through its subsidiaries, operates as a direct banking and payment services company in the US, have a Relative Strength Index (RSI) of 77.70.
On November 20th, 2017, Discover Financial Services announced that, according to an independent survey commissioned by the Company, 62% of consumers are very or moderately concerned about identify theft or fraud this holiday season, while a large majority, 73%, say concerns over recent data breaches would not affect how they will go about their holiday shopping. The Company has commissioned its annual holiday shopping survey since 2004. Our free and thorough report on DFS awaits you at: http://www.wallstequities.com/registration/?symbol=DFS
Qudian
On Tuesday, shares in Beijing, China headquartered Qudian Inc. recorded a trading volume of 9.54 million shares, which was above their three months average volume of 9.35 million shares. The stock dropped 4.82%, ending the day at $11.85. Shares of the Company, which together with its subsidiaries, operates online consumer finance platforms in China, are trading below their 50-day moving average by 48.10%.
On November 17th, 2017, Qudian announced that it has been ranked as the No. 3 company in the 2017 Fintech100 report co-published by KPMG and H2 Ventures. The Company has been consistently ranked in the top four in the Fintech100 reports in each of the past three years.
On December 05th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $30 a share to $20 a share. QD's complimentary research coverage is a few simple steps away at: http://www.wallstequities.com/registration/?symbol=QD
Capital One Financial
McLean, Virginia headquartered Capital One Financial Corp.'s stock finished the day 1.03% lower at $93.91 with a total trading volume of 2.26 million shares. The Company's shares have advanced 2.52% in the last one month, 18.17% in the previous three months, and 7.65% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.35% and 11.04%, respectively. Additionally, shares of the Company, which operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the US, the UK, and Canada, have an RSI of 66.18.
On November 21st, 2017, Capital One Financial announced the beta release of Critical Stack, a container orchestration platform designed to help enterprises more fully automate compliance and security controls, as well as orchestrate streamlined deployment and configuration of apps and infrastructure in the cloud. It is compatible with open source container management systems, such as Google's Kubernetes. Register for your free research report on COF at: http://www.wallstequities.com/registration/?symbol=COF
CIT Group
Shares in Livingston, New Jersey-based CIT Group Inc. ended yesterday's session 1.72% lower at $49.70. The stock recorded a trading volume of 852,015 shares. The Company's shares have advanced 8.33% in the last one month, 11.48% over the previous three months, and 16.45% since the start of this year. The stock is trading 3.54% and 7.56% above its 50-day and 200-day moving averages, respectively. Moreover, shares of CIT Group, which operates as the bank holding company for CIT Bank, National Association that provides banking and related services to commercial and individual customers, have an RSI of 58.83.
On December 01st, 2017, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock. Wall St. Equities' downloadable research report on CIT available at: http://www.wallstequities.com/registration/?symbol=CIT
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