|By PR Newswire||
|October 8, 2013 11:01 AM EDT||
LONDON, October 8, 2013 /PRNewswire/ --
The U.S. equity market ended the day lower on Monday, October 7, 2013. The Dow Jones Industrial Average closed at 14,936.24, down 0.90%; the S&P 500 closed at 1,676.12, down 0.85%; and the NASDAQ Composite finished at 3,770.38, down 0.98%. Shares in the mortgage investment industry ended on a lower note, tracking losses in the broader market. The major movers in the industry included Nationstar Mortgage Holdings Inc. (NYSE: NSM), KKR Financial Holdings LLC (NASDAQ: KFN), Western Asset Mortgage Capital Corporation (NYSE: WMC), and Arlington Asset Investment Corporation (NYSE: AI). AAAResearchReports.com has released full comprehensive research on NSM, KFN, WMC, and AI. These free technical analyses can be downloaded by signing up at:
Shares in Nationstar Mortgage Holdings Inc. fluctuated between gains and losses on Monday before finishing the day at $53.89 which is 0.13% lower than the previous day's closing price of $53.96. A total of 0.59 million shares were traded which is below the daily average volume of 0.78 million. The company's shares are currently trading 7.01% lower than the 52 week high of $57.95 and 129.03% higher than the 52 week low of $23.53. Further, Nationstar Mortgage Holdings Inc.'s stock is currently trading above its 50-day and 200-day moving averages of $51.65 and $41.53, respectively. A free technical analysis on NSM available by signing up at:
KKR Financial Holdings LLC's stock edged lower on Monday, as the U.S. equity market ended on a negative note. The company's shares traded between $10.25 and $10.38 before finishing the day at an intra-day high of $10.38, which is 0.38% lower than the previous day's closing price of $10.42. A total of 0.24 million shares were traded which is below the daily average volume of 0.78 million. The company's shares are currently trading 12.61% lower than the 52 week high of $11.88 and 12.10% higher than the 52 week low of $9.26. The company's shares have gained 0.68% in the last three trading sessions. In the previous one month, the stock has gained 2.47% outperforming the S&P 500 which has gained 1.27% during the same period. KKR Financial Holdings LLC's shares are currently trading below their 200-day moving average of $10.75. Register today and access free research on KFN at:
Shares in Western Asset Mortgage Capital Corp. edged lower on Monday, finishing the day at $15.69, which is 0.32% lower than the previous day's closing price of $15.74. A total of 0.59 million shares were traded which is below the daily average volume of 0.62 million. The company's shares are currently trading 34.57% lower than the 52 week high of $23.98 and 7.84% higher than the 52 week low of $14.55. Additionally, Western Asset Mortgage Capital Corp.'s stock is currently trading below its 50-day and 200-day moving averages of $16.06 and $19.43, respectively. The free report on WMC can be downloaded by signing up now at:
Shares in Arlington Asset Investment Corp. fluctuated between gains and losses on Monday before finishing the day at $23.17, which is 1.53% lower than the previous day's closing price of $23.53. A total of 0.20 million shares were traded which is above the daily average volume of 0.17 million. The company's shares are currently trading 21.85% lower than the 52 week high of $29.65 and 29.88% higher than the 52 week low of $17.84. Arlington Asset Investment Corp.'s stock is currently trading below their 50-day and 200-day moving averages of $24.44 and $25.28, respectively. A free report on AI can be accessed by registering at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports