LONDON, April 23, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: Ocwen Financial Corporation (NYSE: OCN), MGIC Investment Corporation (NYSE: MTG), Hudson City Bancorp Inc. (NASDAQ: HCBK), Radian Group Inc. (NYSE: RDN), and Nationstar Mortgage Holdings Inc. (NYSE: NSM). Free research report on Ocwen Financial can be accessed at http://get.Investor-Edge.com/pdf/?c=Ocwen%20Financial&d=23-Apr-2015&s=OCN. On Wednesday, April 22, 2015, the NASDAQ Composite ended at 5,035.17, up 0.42%, the Dow Jones Industrial Average advanced 0.49%, to finish the day at 18,038.27, and the S&P 500 closed at 2,107.96, up 0.51%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 327.15, up 0.70%, with the index also advancing 1.04% in the last three months. Register for your complimentary reports at the links given below.
On Wednesday, shares in Ocwen Financial Corp. fluctuated between $7.47 and $7.74 before ending the session 1.86% higher at $7.68. The stock reported a trading volume of 1.99 million shares, much below its three months average volume of 7.30 million shares. Although, Ocwen Financial Corp.'s shares have advanced 0.39% in the last three months, it has lost 0.26% in the previous three trading sessions and 49.14% on YTD basis. The company is trading below its 50-day and 200-day moving averages of $8.84 and $19.36, respectively. Moreover, shares of Ocwen Financial Corp. have a Relative Strength Index (RSI) of 35.56. Sign up and read the free notes on OCN at:
MGIC Investment Corp.'s stock edged 0.96% higher, to close the day at $10.57. The stock recorded a trading volume of 6.97 million shares, above its three months average volume of 5.03 million shares. The stock oscillated between $10.47 and $10.63 during the session. Over the last one month and over the past three months, MGIC Investment Corp.'s shares have gained 6.98% and 18.23%, respectively. Further, the stock has advanced 13.41% since the start of this year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $9.54 is above its 200-day moving average of $8.78. Additionally, MGIC Investment Corp. traded at a PE ratio of 14.10 and has an RSI of 68.27. The complimentary notes on MTG can be downloaded as in PDF format at:
On Wednesday, shares in Hudson City Bancorp Inc. recorded a trading volume of 3.29 million shares, lower than its three months average volume of 5.26 million shares. The stock ended the day at $9.45, which was 0.85% above its previous day's closing of $9.37, and registered an intraday range of $9.35 and $9.47. Shares of the company traded at a PE ratio of 29.60. Although Hudson City Bancorp Inc.'s shares have advanced 0.75% in the previous three months, it has lost 0.53% in the previous three trading sessions and 6.62% on YTD basis. The company is trading below its 50-day and 200-day moving averages of $9.92 and $9.74, respectively. Furthermore, shares of Hudson City Bancorp Inc. have an RSI of 35.86. Register for free on Investor-Edge and access the latest research on HCBK at:
Radian Group Inc.'s stock gained 1.06%, to close Wednesday's session at $18.10, after oscillating between $17.86 and $18.22. The stock recorded a trading volume of 7.13 million shares, above its three months average volume of 2.52 million shares. Over the last one month and the previous three months, Radian Group Inc.'s shares have advanced 6.28% and 10.77%, respectively. Additionally, from the beginning of 2015, the stock has gained 8.25%. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $16.62 is above its 200-day moving average of $15.60. Further, Radian Group Inc.'s stock traded at a PE ratio of 3.39 and has an RSI of 69.81. The complete research on RDN is available for free at:
Nationstar Mortgage Holdings Inc.'s stock finished Wednesday's session 0.24% higher at $25.29. A total of 0.49 million shares were traded, which was below its three months average volume of 1.13 million shares. The stock moved between $25.06 and $25.65 during the session. Nationstar Mortgage Holdings Inc.'s shares have fallen by 0.12% in the previous three trading sessions and 2.73% in the last three months. Additionally, from the beginning of 2015, the stock has declined 10.29%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $30.16 is greater than its 50-day moving average of $27.52. Nationstar Mortgage Holdings Inc.'s stock traded at a PE ratio of 9.39 and has an RSI of 40.46. Free in depth research on NSM is available at:
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