LONDON, January 29, 2015 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: MGIC Investment Corporation (NYSE: MTG), Ocwen Financial Corporation (NYSE: OCN), Radian Group Inc. (NYSE: RDN), Washington Federal Inc. (NASDAQ: WAFD), and Capitol Federal Financial Inc. (NASDAQ: CFFN). Free research report on MGIC Investment can be accessed at http://get.Investor-Edge.com/pdf/?c=MGIC%20Investment&d=29-Jan-2015&s=MTG. On Wednesday, January 28, 2015, the NASDAQ Composite ended at 4,637.99, down 0.93%, the Dow Jones Industrial Average declined 1.13%, to finish the day at 17,191.37, and the S&P 500 closed at 2,002.16, down 1.35%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Financials Sector Index ended the day at 312.25, down 1.96%, with the index also declining 0.90% in the previous three months. Register for your complimentary reports at the links given below.
MGIC Investment Corp.'s stock lost 2.71%, to close Wednesday's session at $8.61, after oscillating between $8.60 and $8.94. The stock recorded a trading volume of 3.73 million shares, below its three months average volume of 5.04 million shares. Over the previous three trading sessions and the last three months, MGIC Investment Corp.'s shares have fallen by 3.04% and 0.92%, respectively. Additionally, the stock has declined 1.71% in the last one year. The company's stock is trading above its 200-day moving average. The stock's 50-day moving average of $9.06 is above its 200-day moving average of $8.58. Further, MGIC Investment Corp.'s stock traded at a PE ratio of 13.55 and has a Relative Strength Index (RSI) of 48.27. Sign up and read the free notes on MTG at:
Ocwen Financial Corp.'s stock finished Wednesday's session 2.55% lower at $6.50. A total of 8.45 million shares were traded, which was above its three months average volume of 6.78 million shares. The stock moved between $6.37 and $6.80 during the session. Ocwen Financial Corp.'s shares have advanced 2.36% in the previous three trading sessions. However, the stock has plummeted 54.61% in the last one month and 85.68% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $27.30 is greater than its 50-day moving average of $16.98. Ocwen Financial Corp.'s stock traded at a PE ratio of 3.18 and has an RSI of 21.89. The complimentary notes on OCN can be downloaded as in PDF format at:
On Wednesday, shares in Radian Group Inc. fluctuated between $15.98 and $16.55 before ending the session 2.38% lower at $16.03. The stock reported a trading volume of 2.22 million shares, below its three months average volume of 2.73 million shares. Shares of the company traded at a PE ratio of 8.74. Although, Radian Group Inc.'s shares have declined 1.84% in the previous three trading sessions, it has advanced 2.76% in the last three months and 6.87% in the last one year. The company's stock is trading above its 200-day moving average of $15.01. Moreover, shares of Radian Group Inc. have an RSI of 52.89. Register for free on Investor-Edge and access the latest research on RDN at:
Washington Federal Inc.'s stock lost 2.24%, to close the day at $20.12. The stock recorded a trading volume of 0.80 million shares, above its three months average volume of 0.54 million shares. The stock oscillated between $20.07 and $20.76 during the session. Over the last three trading sessions and over the past three months, Washington Federal Inc.'s shares have declined 2.28% and 6.16%, respectively. Further, the stock has lost 10.89% in the previous one year. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $21.58 is above its 200-day moving average of $21.43. Additionally, Washington Federal Inc.'s stock traded at a PE ratio of 12.98 and has an RSI of 43.42. The complete research on WAFD is available for free at:
On Wednesday, shares in Capitol Federal Financial Inc. recorded a trading volume of 0.81 million shares, higher than its three months average volume of 0.54 million shares. The stock ended the day at $12.33, which was 1.60% below its previous day's closing of $12.53, and registered an intraday range of $12.30 and $12.64. Shares of the company traded at a PE ratio of 22.42. Although Capitol Federal Financial Inc.'s shares have lost 2.22% in the previous three trading sessions, it has advanced 0.36% in the last three months and 6.09% in the past one year. The company's stock is trading above its 200-day moving averages of $12.02. Furthermore, shares of Capitol Federal Financial Inc. have an RSI of 48.89. Free in depth research on CFFN is available at:
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