|By PR Newswire||
|August 11, 2014 09:20 AM EDT||
LONDON, August 11, 2014 /PRNewswire/ --
On Friday, August 8, 2014, the NASDAQ Composite ended at 4,370.90, up 0.83%, the Dow Jones Industrial Average advanced 1.13%, to finish the day at 16,553.93, and the S&P 500 closed at 1,931.59, up 1.15%. 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 301.01, up 0.97%, with the index also advancing 0.80% in the previous three trading sessions. Investor-Edge has initiated coverage on the following equities: First Republic Bank (NYSE: FRC), TCF Financial Corporation (NYSE: TCB), First Niagara Financial Group Inc. (NASDAQ: FNFG), Susquehanna Bancshares Inc. (NASDAQ: SUSQ), and Synovus Financial Corporation (NYSE:SNV). Free research on these five companies can be accessed at:
On Friday, shares in First Republic Bank recorded a trading volume of 0.95 million shares, lower than its three months average volume of 1.23 million shares. The stock ended the day at $46.40, which was 0.45% above its previous day's closing of $46.19, and registered an intraday range of $45.92 and $46.44. Shares of the company traded at a PE ratio of 15.52. First Republic Bank's shares have lost 1.28% in the previous three trading sessions, 8.73% in the last three months and 11.37% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $51.53 and $51.44, respectively. Furthermore, shares of First Republic Bank have a Relative Strength Index (RSI) of 33.69. Sign up and read the free notes on FRC at:
TCF Financial Corp.'s stock gained 1.18%, to close Friday's session at $15.44, after oscillating between $15.24 and $15.44. The stock recorded a trading volume of 1.13 million shares, above its three months average volume of 0.88 million shares. Over the last three trading days and previous three months, TCF Financial Corp.'s shares have advanced 1.38% and 0.85%, respectively. However, from the beginning of 2014, the stock has declined 4.98%. The stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $16.16 is above its 200-day moving average of $16.02. Further, TCF Financial Corp.'s stock traded at a PE ratio of 15.25 and has an RSI of 38.72. The complimentary notes on TCB can be downloaded as in PDF format at:
First Niagara Financial Group Inc.'s stock finished Friday's session 0.47% higher at $8.47. A total of 2.15 million shares were traded, which was below its three months average volume of 2.86 million shares. The stock moved between $8.36 and $8.47 during the session. Over the last one month and since the beginning of this year, First Niagara Financial Group Inc.'s shares have declined 2.87% and 20.24%, respectively. However, the stock has advanced 1.07% in the previous three trading sessions. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $9.45 is greater than its 50-day moving average of $8.69. First Niagara Financial Group Inc.'s stock traded at a PE ratio of 11.15 and has an RSI of 43.31. Register for free on Investor-Edge and access the latest research on FNFG at:
On Friday, shares in Susquehanna Bancshares Inc. traded between $10.06 and $10.22 before ending the session 0.05% lower at $10.13. The stock reported a trading volume of 1.15 million shares, below its three months average volume of 1.27 million shares. Shares of the company traded at a PE ratio of 11.60. Susquehanna Bancshares Inc.'s shares have lost 0.74% in the previous three trading sessions, 1.79% in the last one month and 21.14% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $10.30 and $11.15, respectively. Moreover, shares of Susquehanna Bancshares Inc. have an RSI of 44.53. The complete research on SUSQ is available for free at:
Synovus Financial Corp.'s stock advanced 1.15%, to close the day at $22.87. The stock recorded a trading volume of 1.26 million shares, much below its three months average volume of 2.12 million shares. The stock oscillated between $22.53 and $22.94 during the session. Over the last three trading sessions and since the start of this year, Synovus Financial Corp.'s shares have declined 0.13% and 9.25%, respectively. However, the stock has gained 3.06% in the last three months. The company's stock is trading below its 50-day and 200-day moving averages. Synovus Financial Corp.'s 50-day moving average of $24.07 is above its 200-day moving average of $23.78. Additionally, Synovus Financial Corp. traded at a PE ratio of 17.75 and has an RSI of 36.83. Free in depth research on SNV is available at:
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