Early Morning Insight: Invesco Ltd, Prospect Capital Corp., KKR & Co. L.P., and Eaton Vance Corp.
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LONDON, October 24, 2013 /PRNewswire/ --
On Wednesday, October 8, 2013, all three benchmark indexes of the US equity market declined, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 0.35%, 0.47%, and 0.57%, respectively. Shares in the asset management industry ended on a mixed note, even as the broader market declined. The major movers included Invesco Ltd. (NYSE: IVZ), Prospect Capital Corporation (NASDAQ: PSEC), KKR & Company LP (NYSE: KKR), and Eaton Vance Corporation (NYSE: EV). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on IVZ, PSEC, KKR, and EV now at:
Shares in Invesco Ltd edged lower on Wednesday, tracking losses in the broader market. The company's shares fluctuated between $32.11 and $32.53 before closing the day 0.12% lower at $32.46. A total of 3.77 million shares were traded, which is above the daily average volume of 3.75 million. The company's shares are down 0.06% in the previous one month, underperforming the S&P 500, which has gained 2.62% during the same period. Despite Wednesday's losses, Invesco Ltd's stock is currently trading above its 50-day and 200-day moving averages of $31.90 and 30.82, respectively. Download free research on IVZ today by registering at:
On Wednesday, Prospect Capital Corp.'s stock advanced to close at $11.45, up 0.39% from the previous day's closing price of $11.41. The company's shares vacillated between $11.36 and $11.47 during the trading session. A total of 2.89 million shares were traded, which is below the daily average volume of 2.90 million. The company's shares have gained 1.24% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.11% during the same period. Further, Prospect Capital Corp.'s stock is trading near its 52-week high of $11.95 and above its 50-day and 200-day moving averages of $11.21 and $11.01, respectively. Sign up and have access to our free report on PSEC at:
KKR & Company L.P.'s stock closed Wednesday's session 1.29% lower at $22.91, after hitting a new 52-week high of $23.50. The company's shares oscillated between $22.88 and $23.50 during the trading session. A total of 1.99 million shares were traded, which is above the daily average volume of 1.76 million. The company's shares have gained 7.61% in the previous three months and 16.77% in the last one month, outperforming the S&P 500, which has gained 3.19% and 2.62% during the respective periods. Moreover, KKR & Co. L.P.'s stock is trading above its 50-day and 200-day moving averages of $20.28 and $19.47, respectively. Sign up and read the complimentary report on KKR at:
Shares in Eaton Vance Corp. surged on Wednesday, finishing at $41.59, up 2.77% from the previous day's closing price of $40.47. The company's shares oscillated between $40.62 and $41.77 during the trading session. A total of 1.24 million shares were traded, which is above the daily average volume of 0.55 million. The company's stock has advanced 3.56% in the previous three trading sessions and 3.77% in the last one month, compared to a gain of 0.11% and 2.62% in the S&P 500 during the respective periods. Furthermore, Eaton Vance Corp.'s stock is trading above its 50-day and 200-day moving averages of $39.24 and $39.30, respectively. The free report on EV can be downloaded by signing up now at:
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SOURCE AAA Research Reports
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