LONDON, May 9, 2014 /PRNewswire/ --
On Thursday, May 08, 2014, the NASDAQ Composite ended at 4,051.50, down 0.40%, the Dow Jones Industrial Average finished the day 0.20% higher at 16,550.97, and the S&P 500 closed at 1,875.63, down 0.14%. During the trading session, five out of ten sectors finished positive. The S&P 500 Financials Sector Index ended the day at 295.38, up 0.24%, with the index also advancing 3.04% in the last three months. Investor-Edge has initiated coverage on the following equities: BankUnited Inc. (NYSE: BKU), Synovus Financial Corporation (NYSE: SNV), Fulton Financial Corporation (NASDAQ: FULT) and PacWest Bancorp. (NASDAQ: PACW). Free technical research on BKU, SNV, FULT and PACW can be downloaded upon signing up at:
BankUnited Inc.'s stock finished the Thursday's session 0.34% lower at $31.79. A total of 0.62 million shares were traded, which was below its three months average volume of 0.82 million shares. The stock moved between $31.72 and $32.35 during the session. Over the previous three trading sessions and since start of this year, BankUnited Inc.'s shares have declined 2.45% and 3.43%, respectively. However, the company's stock has gained 2.12% in the last three months. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $33.58 is greater than its 200-day moving average of $31.92. BankUnited Inc.'s stock traded at a PE ratio of 15.36 and has a Relative Strength Index (RSI) of 33.97. Sign up today to read free research on BKU at:
On Thursday, shares in Synovus Financial Corp. fluctuated between $3.18 and $3.25 before ending the session 1.55% lower at $3.18. Synovus Financial Corp.'s stock reported a trading volume of 6.70 million shares, below its three months average volume of 7.74 million shares. Shares of the company traded at a PE ratio of 19.74. Synovus Financial Corp.'s shares have declined 2.15% in the previous three trading sessions, 4.50% in the last one month and 11.67% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $3.37 and $3.38, respectively. Moreover, shares of the company have an RSI of 45.26. Sign up today to read free research on SNV at:
On Thursday, Fulton Financial Corp.'s stock declined 1.83%, to close the day at $11.79. The stock recorded a trading volume of 1.47 million shares, above its three months average volume of 1.26 million shares. The stock oscillated between $11.78 and $12.09 during the session. Over the last three trading sessions and over the past three months, Fulton Financial Corp.'s shares have fallen by 2.00% and 3.99%, respectively. Additionally, the stock has lost 9.90% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $12.47 is above its 200-day moving average of $12.44. Additionally, the stock traded at a PE ratio of 13.71 and has an RSI of 39.74. Sign up today to read free research on FULT at:
On Thursday, shares in PacWest Bancorp recorded a trading volume of 0.61 million shares, lower than its three months average volume of 1.27 million shares. The stock ended the day at $38.90, which was 0.84% below its previous day's closing of $39.23, and registered an intraday range of $38.75 and $39.83. Shares of the company traded at a PE ratio of 23.07. PacWest Bancorp's shares have lost 1.19% in the previous three trading sessions, 2.43% in the last three months and 7.86% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $42.57 and $39.23, respectively. Furthermore, shares of the company have an RSI of 38.69. Sign up today to read free research on PACW at:
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