Technical Coverage of Money Center Banks Equities -- SunTrust Banks, PNC Financial Services Group, Comerica, FirstMerit, and First Republic Bank

Jul 30, 2015, 09:40 ET from www.equityresearchinstitute.com

NEW YORK, July 30, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: SunTrust Banks Inc. (NYSE: STI), The PNC Financial Services Group Inc. (NYSE: PNC), Comerica Inc. (NYSE: CMA), FirstMerit Corporation (NASDAQ: FMER), and First Republic Bank (NYSE: FRC). Free research report on SunTrust Banks can be accessed at https://www.EquityResearchInstitute.com/reports?keyword=STI On Wednesday, July 29, 2015, the NASDAQ Composite ended at 5,111.73, up 0.44%, the Dow Jones Industrial Average advanced 0.69%, to finish the day at 17,751.39, and the S&P 500 closed at 2,108.57, up 0.73%. The gains were broad based as eight out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.  

SunTrust Banks Inc.'s stock edged 0.66% higher, to close the day at $44.48. The stock recorded a trading volume of 2.63 million shares, below its three months average volume of 3.11 million shares. Over the last one month and over the past three months, SunTrust Banks Inc.'s shares have gained 4.34% and 7.27%, respectively. Furthermore, the stock has advanced 7.27% since the start of this year. The company's shares are trading 8.80% above their 200-day moving average. Additionally, SunTrust Banks Inc. traded at a PE ratio of 12.89 and has a Relative Strength Index (RSI) of 56.10. Sign up and read the free notes on STI at:

https://www.EquityResearchInstitute.com/reports?keyword=STI

On Wednesday, shares in The PNC Financial Services Group Inc. recorded a trading volume of 1.69 million shares, lower than their three months average volume of 2.23 million shares. The stock ended the day 0.42% higher at $98.55. Shares of the company traded at a PE ratio of 13.50. The PNC Financial Services Group Inc.'s stock has advanced 3.57% in the last one month, 7.85% in the previous three months and 9.81% on YTD basis. The company is trading above its 50-day and 200-day moving averages by 2.05% and 8.93%, respectively. Furthermore, shares of The PNC Financial Services Group Inc. have an RSI of 56.60. The complimentary notes on PNC can be downloaded in PDF format at:

https://www.EquityResearchInstitute.com/reports?keyword=PNC

Comerica Inc.'s stock gained 1.47%, to close Wednesday's session at $47.69. The stock recorded a trading volume of 1.67 million shares, below its three months average volume of 2.00 million shares. Over the previous three months and since the start of this year, Comerica Inc.'s shares have advanced 1.02% and 2.68%, respectively. However, the stock has lost 6.82% in the last one month. The company is trading 2.27% above its 200-day moving average. Furthermore, Comerica Inc.'s stock traded at a PE ratio of 15.43 and has an RSI of 43.84. Register for free on Equity Research Institute and access the latest research on CMA at:

https://www.EquityResearchInstitute.com/reports?keyword=CMA

FirstMerit Corp.'s stock finished Wednesday's session 2.69% lower at $18.45. A total of 3.31 million shares were traded, which was above its three months average volume of 0.95 million shares. Over the last one month and the previous three months, FirstMerit Corp.'s shares have lost 11.38% and 4.47%, respectively. Additionally, the stock has declined 0.67% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 9.73% and 1.15%, respectively. FirstMerit Corp.'s stock traded at a PE ratio of 13.09 and has an RSI of 26.30. The complete research on FMER is available for free at:

https://www.EquityResearchInstitute.com/reports?keyword=FMER

On Wednesday, shares in First Republic Bank ended the session 1.23% higher at $63.29. The stock reported a trading volume of 0.38 million shares, below its three months average volume of 0.73 million shares. Shares of the company traded at a PE ratio of 20.42. First Republic Bank's shares have advanced 0.19% in the last one month, 7.09% in the previous three months and 22.07% on YTD basis. The stock is trading 0.55% above its 50-day moving average and 13.18% above its 200-day moving average. Moreover, shares of First Republic Bank have an RSI of 51.41. Free in-depth research on FRC is available at:

https://www.EquityResearchInstitute.com/reports?keyword=FRC

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