Updates on Asset Management and Custody Banks Stocks -- Bank of NYSE Mellon, Ameriprise Financial, Apollo Investment, Apollo Global Management, and SEI Investments
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LONDON, August 25, 2014 /PRNewswire/ --
On Friday, August 22, 2014, the NASDAQ Composite ended at 4,538.55, up 0.14%, the Dow Jones Industrial Average declined 0.22%, to finish the day at 17,001.22, and the S&P 500 closed at 1,988.40, down 0.20%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 310.83, down 0.35%, while the index has advanced 4.91% in the previous three months. Investor-Edge has initiated coverage on the following equities: The Bank of New York Mellon Corporation (NYSE: BK), Ameriprise Financial Inc. (NYSE: AMP), Apollo Investment Corporation (NASDAQ: AINV), Apollo Global Management LLC (NYSE: APO), and SEI Investments Company (NASDAQ: SEIC). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Friday, shares in The Bank of New York Mellon Corp. fluctuated between $38.91 and $39.27 before ending the session 0.05% lower at $39.12. The stock reported a trading volume of 2.38 million shares, much below its three months average volume of 5.55 million shares. Shares of the company traded at a PE ratio of 18.16. The Bank of New York Mellon Corp.'s shares have advanced 1.37% in the previous three trading sessions, 13.10% in the last three months and 11.96% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $37.92 and $34.66, respectively. Moreover, shares of The Bank of New York Mellon Corp. have a Relative Strength Index (RSI) of 59.64. Sign up and read the free notes on BK at:
http://www.Investor-Edge.com/BK-25Aug2014
Ameriprise Financial Inc.'s stock edged 0.23% lower, to close the day at $123.19. The stock recorded a trading volume of 0.73 million shares, below its three months average volume of 0.80 million shares. The stock oscillated between $123.05 and $124.04 during the session. Over the last three trading sessions and over the past three months, Ameriprise Financial Inc.'s shares have gained 1.05% and 11.05%, respectively. Further, the stock has advanced 7.08% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $120.31 is above its 200-day moving average of $112.10. Additionally, Ameriprise Financial Inc. traded at a PE ratio of 16.87 and has an RSI of 62.22. The complimentary notes on AMP can be downloaded as in PDF format at:
http://www.Investor-Edge.com/AMP-25Aug2014
On Friday, shares in Apollo Investment Corp. recorded a trading volume of 1.70 million shares, lower than its three months average volume of 2.75 million shares. The stock edged 0.06% higher, to close Friday's session at $8.71, and registered an intraday range of $8.68 and $8.73. Shares of the company traded at a PE ratio of 9.75. Apollo Investment Corp.'s shares have advanced 1.52% in the previous three trading sessions, 5.19% in the last three months and 2.77% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $8.60 and $8.51, respectively. Furthermore, shares of Apollo Investment Corp. have an RSI of 58.00. Register for free on Investor-Edge and access the latest research on AINV at:
http://www.Investor-Edge.com/AINV-25Aug2014
Apollo Global Management LLC's stock edged 0.83% lower, to close Friday's session at $23.78, after oscillating between $23.75 and $24.05. The stock recorded a trading volume of 0.95 million shares, below its three months average volume of 1.22 million shares. Over the previous three trading sessions and the last three months, Apollo Global Management LLC's shares have lost 1.29% and 3.76%, respectively. Further, from the beginning of 2014, the stock has declined 24.77%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $29.21 is above its 50-day moving average of $26.39. Further, Apollo Global Management LLC's stock traded at a PE ratio of 9.29 and has an RSI of 31.78. The complete research on APO is available for free at:
http://www.Investor-Edge.com/APO-25Aug2014
SEI Investments Co.'s stock finished Friday's session 0.31% lower at $36.61. A total of 0.51 million shares were traded, which was below its three months average volume of 0.71 million shares. The stock moved between $36.55 and $36.92 during the session. Over the last one month and the previous three months, SEI Investments Co.'s shares have gained 1.89% and 13.48%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 5.41%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $34.09 is greater than its 200-day moving average of $33.54. SEI Investments Co.'s stock traded at a PE ratio of 22.38 and has an RSI of 66.41. Free in depth research on SEIC is available at:
http://www.Investor-Edge.com/SEIC-25Aug2014
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