Today's Research: State Street, Legg Mason, Och-Ziff Capital Management Group, and BlackRock Kelso Capital
27 Nov, 2013, 08:00 ET
LONDON, November 27, 2013 /PRNewswire/ --
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The U.S. equity market ended on a higher note on Tuesday, November 26, 2013. The S&P 500 ended the day at 1,802.75, up 0.01%; the Dow Jones Industrial Average closed flat at 16,072.80; and the NASDAQ Composite finished at 4,017.75, up 0.58%. Shares in asset management companies mostly ended on a lower note, even as the broader market posted gains. The major movers in the industry included State Street Corporation (NYSE: STT), Legg Mason Inc. (NYSE: LM), Och-Ziff Capital Management Group LLC (NYSE: OZM), and BlackRock Kelso Capital Corporation (NASDAQ: BKCC). AAAResearchReports.com has completed their technical analysis on STT, LM, OZM, and BKCC and these free reports are accessible by registering at:
State Street Corp.'s stock edged higher on Tuesday, hitting a new 52-week high of $73.27. The company's shares closed the day at $72.55, up 0.61% from the previous day's price of $72.11. A total of 2.40 million shares were traded, which is at par with the daily average volume. The company's shares have gained 5.54% in the last one month and 4.36% in the previous three months, compared to a gain of 2.44% and 8.81% in the S&P 500 during the respective periods. Furthermore, State Street Corp.'s stock is trading above its 50-day and 200-day moving averages of $68.79 and $64.95, respectively. Sign up for free technical research on STT at:
On Tuesday, Legg Mason Inc.'s stock ended the day at $38.96, which is 0.54% lower than the previous day's closing price of $39.17. The company's shares fluctuated between $38.93 and $39.45 during the trading session. A total of 1.32 million shares were traded, which is above the daily average volume of 1.19 million. Despite Tuesday's losses, the company's shares have gained 2.77% in the last one-month and 16.96% in the previous three months, outperforming the S&P 500, which has gained 2.44% and 8.81% during the respective periods. Additionally, Legg Mason Inc.'s stock is trading above its 50-day and 200-day moving averages of $36.62 and $33.39, respectively. Be sure to read our latest technical research on LM by registering at:
On Tuesday, shares in Och-Ziff Capital Management Group LLC fell by 0.36%, even as the broader market posted gains. The company's shares closed the day at $13.67, after trading between $13.57 and $13.85. A total of 0.75 million shares were traded, which is below the daily average volume of 0.80 million. Despite Tuesday's pullback, the company's shares have gained 8.75% in the last one month and 24.27% in the previous three months, outperforming the S&P 500, which has advanced 2.44% and 8.81% during the respective periods. Further, Och-Ziff Capital Management Group LLC's stock is trading near its 52-week high of $13.89 and above its 50-day and 200-day moving averages of $12.23 and $10.90, respectively. Sign up and read the complimentary report on OZM at:
Shares in BlackRock Kelso Capital Corp. oscillated between $9.69 and $9.76 before ending Tuesday's session 0.10% lower at $9.72. A total of 0.31 million shares were traded, which is below the daily average volume of 0.49 million. Despite Tuesday's losses, the company's shares have advanced 1.57% in the previous three trading sessions and 0.83% in the last one month, compared to a gain of 0.38% and 2.44% in the S&P 500 during the respective periods. Moreover, BlackRock Kelso Capital Corp.'s stock is trading above its 50-day moving average of $9.49. The free report on BKCC can be downloaded by signing up now at:
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SOURCE AAA Research Reports
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