LONDON, March 25, 2014 /PRNewswire/ --
The trading session on Monday, March 24,
2014 ended on a lower note as the Dow Jones Industrial
Average finished at 16,276.69, down 0.16% and the NASDAQ Composite
closed at 4,226.39, down 1.18%. The S&P 500 finished the
session 0.49% lower at 1,857.44. The losses were broad based as
eight of ten sectors ended the session in negative. The S&P 500
Financials Sector Index finished the day at 301.61, down 0.23%,
while the same has advanced 3.60% in the last one month.
Investor-Edge has initiated coverage on the following equities:
State Street Corp. (NYSE: STT), American Capital Ltd (NASDAQ:
ACAS), PennantPark Investment Corp. (NASDAQ: PNNT) and Lazard Ltd
(NYSE: LAZ). Free technical research on STT, ACAS, PNNT and LAZ can
be downloaded upon signing up at:
http://www.investor-edge.com/476-register
On Monday, Shares in State Street Corp. gained 2.03% to finish the
day at 70.21. A total of 5.07 million shares were traded, which is
above a three months average volume of 2.66 million. The company's
shares oscillated between $69.18 and
$70.77 during the session. Shares of the company traded at a
PE ratio of 14.57. State Street Corp.'s shares have advanced 6.14%
in the previous three trading sessions, 1.65% in the last one
month, while the shares have declined 4.33% on YTD basis. The
company's shares are trading above their 50-day and 200-day moving
averages. State Street Corp.'s 200-day moving average of
$68.92 is above the 50-day moving
average of $68.59. Additionally, the
stock is trading at a Relative Strength Index (RSI) of 57.54. Sign
up today to read free research on STT at:
http://www.investor-edge.com/476-STT-24Mar2014.pdf
American Capital Ltd's shares recorded a trading volume of 2.13
million shares, as compared with a three months average volume of
2.77 million shares. The stock traded at an intraday trading range
of $14.58 and $14.89, before closing the day at $14.59, down 1.22%. Shares of the company traded
at a PE ratio of 313.70. American Capital Ltd's shares have
declined 0.95% in the previous three trading sessions, 5.99% in the
last one month and 6.71% on YTD basis. The company's stock is
trading above its 200-day moving average of $14.20. Furthermore, the stock is trading at an
RSI of 37.91. Sign up today to read free research on ACAS at:
http://www.investor-edge.com/476-ACAS-24Mar2014.pdf
On Monday, shares in PennantPark Investment Corp. registered a
trading volume of 0.47 million shares, as compared with a three
months average volume of 0.42 million shares. The stock ended the
day at $11.03, up 0.09% and at an
intraday range of $10.91 and
$11.08. Shares of the company traded
at a PE ratio of 10.92. PennantPark Investment Corp.'s shares have
advanced 0.46% in the previous three trading sessions, while the
same has fallen by 5.32% in the last one month, and 4.91% on YTD
basis. The company's shares are trading below their 50-day and
200-day moving averages. PennantPark Investment Corp.'s 200-day
moving average of $11.37 is above the
50-day moving average of $11.28,
respectively. Further, the stock is trading at an RSI of 40.55.
Sign up today to read free research on PNNT at:
http://www.investor-edge.com/476-PNNT-24Mar2014.pdf
Lazard Ltd's stock declined 1.02% on Monday, closing the day at
$45.73. The stock recorded trading
volume of 0.54 million shares as compared to a three months average
volume of 0.71 million shares. Shares of the company traded at a PE
ratio of 22.18. The stock fluctuated between $45.44 and $46.39 during the trading session.
Lazard Ltd's shares have advanced 0.59% in the previous three
trading sessions, 3.63% in the last one month and 0.90% on YTD
basis. The company's stock is trading above its 50-day and 200-day
moving averages. Lazard Ltd's 50-day moving average of $44.85 is above the 200-day moving average of
$39.33. Moreover, the stock is
trading at an RSI of 56.34. Sign up today to read free research on
LAZ at:
http://www.investor-edge.com/476-LAZ-24Mar2014.pdf
EDITOR'S NOTES:
1. This is not company news. We are an independent source and our
views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a
best efforts basis and reviewed by Nidhi Vatsal, a CFA
charterholder. However, we are only human and are prone to make
mistakes. If you notice any errors or omissions, please notify us
below.
3. This information is submitted as a net-positive to companies
mentioned, to increase awareness for mentioned companies to our
subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our
team, or wish to learn more about our services, please contact us
at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at
compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage
on your company? Send us a full investors' package to research [at]
http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis.
This document, article or report is prepared and authored by
Investor-edge. An outsourced research services provider represented
by Nidhi Vatsal, CFA, has only reviewed the information provided by
Investor-edge in this article or report according to the Procedures
outlined by Investor-edge. Investor-edge is not entitled to veto or
interfere in the application of such procedures by the outsourced
provider to the articles, documents or reports, as the case may
be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the
accuracy or completeness or fitness for a purpose (investment or
otherwise), of the information provided in this document. This
information is not to be construed as personal financial advice.
Readers are encouraged to consult their personal financial advisor
before making any decisions to buy, sell or hold any securities
mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is 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 Investor-edge
whatsoever for any direct, indirect or consequential loss arising
from the use of this document. Investor-edge expressly disclaims
any fiduciary responsibility or liability for any consequences,
financial or otherwise arising from any reliance placed on the
information in this document. Investor-edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks
owned by CFA Institute.
SOURCE Investor-Edge