|By PR Newswire||
|March 7, 2014 08:00 AM EST||
LONDON, March 7, 2014 /PRNewswire/ --
On Thursday, March 06, 2014, the NASDAQ Composite ended at 4,352.13, down 0.13%, the Dow Jones Industrial Average advanced 0.38% to 16,421.89, and the S&P 500 closed at 1,877.03, up 0.17%. The gains were broad based with seven of ten sectors edging higher. The S&P 500 Financials Sector Index finished the day at 299.38, up 0.68%, while the same has gained 5.75% in the last one month. Investor-Edge.com has initiated coverage on the following equities Ocwen Financial Corporation (NYSE: OCN), New York Community Bancorp Inc. (NYSE: NYCB), Hudson City Bancorp Inc. (NASDAQ: HSBK), and People's United Financial Inc. (NASDAQ: PBCT). Free research on these five companies can be accessed at:
On Thursday, Ocwen Financial Corp.'s stock surged 3.95% to close the day at $40.02. A total of 4.87 million shares were traded, which is below the three months average volumes of 3.23 million. The company's shares oscillated between $38.57 and $40.51 during the trading session. The stock traded at a PE ratio of 15.59. Ocwen Financial's shares have fallen by 3.29% in the last one month and 27.83% on YTD basis, while the same has advanced 8.90% in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages. Ocwen Financial Corp.'s 200-day moving average of $49.54 is above the 50-day moving average of $46.32. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 42.15. Sign up and read the free notes on OCN at:
Shares in New York Community Bancorp Inc. witnessed trading of 3.85 million shares, as compared with a three month average volume of 2.26 million shares. The stock ended the day at $16.14, up 0.12% and at an intraday trading range of $15.99 and $16.16. The stock traded at a PE ratio of 14.94. New York Community Bancorp's shares have gained 2.02% in the previous three trading sessions and 5.15% in the last one month, while the same has declined 4.21% on YTD basis. The stock is trading above its 200-day moving average. The company's 50-day moving average of $16.33 is above the 200-day moving average of $15.41. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 53.54. The complimentary notes on NYCB can be downloaded as in PDF format at:
On Thursday, shares in Hudson City Bancorp Inc. advanced 0.73% finishing the session at $9.66. The stock recorded trading volume of 2.66 million shares as compared to a three months average volume of 3.97 million shares. It fluctuated between $9.57 and $9.70 during the session. Shares of the company traded at a PE ratio of 25.42. Hudson City Bancorp's shares have gained 2.88% in the previous three trading sessions, 5.69% in the last one month, and 2.44% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Hudson City Bancorp Inc.'s 50-day moving average of $9.24 is above the 200-day moving average of $9.18. Moreover, the stock is trading at the Relative Strength Index (RSI) of 64.81. Register for free on Investor-Edge and access the latest research on HCBK at:
Shares in People's United Financial Inc. saw a trading of 2.55 million shares, as compared with a three month average volume of 4.29 million shares. The stock ended the day at $14.61, up 1.32%, and at an intraday range of $14.46 and $14.65. The company's shares traded at a PE ratio of 18.26. People's United Financial's shares have fallen by 3.37% on YTD basis. Shares of the company have gained 3.47% in the previous three trading sessions and 5.11% in the last one month. The stock is trading above its 50-day moving average. People's United Financial Inc.'s 200-day moving average of $14.61 is above the 50-day moving average of $14.58. Furthermore, the tock is trading at the Relative Strength Index (RSI) of 55.53. The complete research on PBCT is available for free at:
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