NEW YORK, July 22, 2015 /PRNewswire/ --
Equity Research Institute has initiated coverage on the following equities: Wells Fargo and Company (NYSE: WFC), JP Morgan Chase and Company (NYSE: JPM), ICICI Bank Ltd (NYSE: IBN), The Bank of Nova Scotia (NYSE: BNS), and Bank of Montreal (NYSE: BMO). Free research report on Wells Fargo can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=WFC On Tuesday, July 21, 2015, the NASDAQ Composite ended at 5,208.12, down 0.21%, the Dow Jones Industrial Average declined 1.00%, to finish the day at 17,919.29, and the S&P 500 closed at 2,119.21, down 0.43%. The losses were broad based as seven out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.
Wells Fargo and Co.'s stock edged 0.17% lower, to close the day at $57.95. The stock recorded a trading volume of 12.47 million shares, below its three months average volume of 14.51 million shares. Over the last one month and over the past three months, Wells Fargo and Co.'s shares have gained 1.58% and 7.48%, respectively. Furthermore, the stock has advanced 7.13% since the start of this year. The company's shares are trading 2.38% above their 50-day moving average and 7.37% above their 200-day moving average. Additionally, Wells Fargo and Co. traded at a PE ratio of 14.10 and has a Relative Strength Index (RSI) of 59.47. Sign up and read the free notes on WFC at:
On Tuesday, shares in JP Morgan Chase and Co. recorded a trading volume of 11.64 million shares, lower than their three months average volume of 14.59 million shares. The stock ended the day 0.23% lower at $69.10. Shares of the company traded at a PE ratio of 12.47. JP Morgan Chase and Co.'s stock has advanced 2.16% in the last one month, 11.62% in the previous three months and 12.60% on YTD basis. The company is trading above its 50-day and 200-day moving averages by 3.11% and 12.79%, respectively. Furthermore, shares of JP Morgan Chase and Co. have an RSI of 58.17. The complimentary notes on JPM can be downloaded in PDF format at:
ICICI Bank Ltd's stock lost 2.03%, to close Tuesday's session at $10.13. The stock recorded a trading volume of 4.46 million shares, below its three months average volume of 7.73 million shares. Over the last one month and since the start of 2015, ICICI Bank Ltd's shares have declined 1.46% and 10.91%, respectively. However, the stock has gained 1.08% in the previous three months. The company is trading 0.68% and 6.28% below its 50-day and 200-day moving averages, respectively. Furthermore, ICICI Bank Ltd's stock traded at a PE ratio of 29.79 and has an RSI of 44.48. Register for free on Equity Research Institute and access the latest research on IBN at:
The Bank of Nova Scotia's stock finished Tuesday's session 0.41% lower at $48.82. A total of 1.23 million shares were traded, which was above its three months average volume of 0.70 million shares. Over the last one month and the previous three months, The Bank of Nova Scotia's shares have fallen by 5.84% and 8.90%, respectively. Additionally, the stock has lost 11.68% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 6.05% and 8.52%, respectively. The Bank of Nova Scotia's stock traded at a PE ratio of 11.07 and has an RSI of 31.08. The complete research on BNS is available for free at:
On Tuesday, shares in Bank of Montreal ended the session 0.24% lower at $57.30. Bank of Montreal's stock reported a trading volume of 0.72 million shares, close to its three months average volume of 0.69 million shares. Shares of the company traded at a PE ratio of 12.01. Bank of Montreal's shares have declined 4.42% in the last one month, 11.04% in the previous three months and 17.32% on YTD basis. The stock is trading 5.97% below its 50-day moving average and 10.73% below its 200-day moving average. Moreover, shares of Bank of Montreal have an RSI of 29.00. Free in-depth research on BMO is available at:
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