LONDON, April 29, 2014 /PRNewswire/ --
On Monday, April 28, 2014, the NASDAQ Composite ended at 4,074.40, down 0.03%, the Dow Jones Industrial Average finished the session at 16,448.74, up 0.53% and the S&P 500 closed at 1,869.43, up 0.32%. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 292.68, down 0.56%, while the index has gained 2.23% in the previous three months. Investor-Edge has initiated coverage on the following equities: Fifth Street Finance Corp. (NASDAQ: FSC), The Bank of NYSE Mellon Corp. (NYSE: BK), Prospect Capital Corp. (NASDAQ: PSEC) and Franklin Resources Inc. (NYSE: BEN). Free technical research on FSC, BK, PSEC and BEN can be downloaded upon signing up at:
Shares in Fifth Street Finance Corp. finished Monday's session 0.95% lower at $9.36. A total of 1.54 million shares were traded, which was above its three months average volume of 1.36 million shares. The stock moved between $9.34 and $9.48 during the session. Over the previous three trading sessions and in the last one month, Fifth Street Finance Corp.'s shares have declined 1.16% and 1.37%, respectively. However, the company's stock has gained 1.19% from the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. The stock's 50-day moving average of $9.54 is below its 200-day moving average of $9.92. Furthermore, shares of the company traded at a PE ratio of 9.55 and have a Relative Strength Index (RSI) of 47.65. Sign up today to read free research on FSC at:
On Monday, shares in The Bank of New York Mellon Corp. recorded a trading volume of 4.27 million shares, below its three months average volume of 5.91 million shares. The stock ended the day at $33.36, which was 0.71% lower its previous day's closing of $33.60, and registered an intraday range of $33.02 and $33.75. The Bank of New York Mellon Corp.'s stock has lost 2.48% over the previous three trading sessions and 4.96% in the last one month. Additionally, the stock has declined 4.52% on YTD basis. The company's stock is trading below its 50-day moving average. The Bank of New York Mellon Corp.'s 50-day moving average of $33.42 is above its 200-day moving average of $32.35. Further, shares of the company traded at a PE ratio of 13.35 and have an RSI of 46.54. Sign up today to read free research on BK at:
On Monday,Prospect Capital Corp.'s stock fluctuated between $10.77 and $10.90 before ending the session 0.46% lower at $10.78. The company's stock reported a trading volume of 4.74 million shares, near its three months average volume of 4.94 million shares. Shares of the company traded at a PE ratio of 8.37. Prospect Capital Corp.'s shares have fallen by 1.73% in the previous three trading sessions and 3.92% on YTD basis, while it has edged 0.09% higher in the last one month. The company's stock is trading below its 50-day and 200-day moving averages of $10.93 and $11.13, respectively. Additionally, Prospect Capital Corp.'s stock has an RSI of 54.98. Sign up today to read free research on PSEC at:
On Monday shares in Franklin Resources Inc. lost 2.46% on Monday, closing the day at $51.47. The stock recorded a trading volume of 2.56 million shares, below its three months average volume of 2.79 million shares. The stock oscillated between $51.16 and $52.95 during the session. Over the last three trading sessions and in the past one month, Franklin Resources Inc.'s shares have fallen by 4.70% and 4.10%, respectively. Additionally, the stock has declined 10.84% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Franklin Resources Inc.'s 50-day moving average of $52.96 is above its 200-day moving average of $52.29. Furthermore, the stock traded at a PE ratio of 14.66 and has an RSI of 47.71. Sign up today to read free research on BEN at:
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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider 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.