NEW YORK, NY / ACCESSWIRE / January 27, 2016 / Park Lane Advisor has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), Citigroup Inc. (NYSE: C), Wells Fargo & Company (NYSE: WFC), and JPMorgan Chase & Company (NYSE: JPM). Free research report on Bank of America can be accessed at http://www.parklaneadvisor.com/ On Tuesday, January 26, 2016, the NASDAQ Composite ended at 4,567.67, up 1.09%, the Dow Jones Industrial Average advanced 1.78%, to finish the day at 16,167.23, and the S&P 500 closed at 1,903.63, up 1.41%. The gains were broad based as eight out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
On Tuesday, shares in Bank of America Corp. ended the session 2.70% higher at $13.31. The stock reported a trading volume of 123.90 million shares, above its three months average volume of 92.41 million shares. Shares of the company traded at a PE ratio of 10.05. The company is trading 19.69% below its 50-day moving average and 19.62% below its 200-day moving average. Moreover, shares of Bank of America Corp. have a Relative Strength Index (RSI) of 25.15. Sign up and read the free notes on BAC at:
http://www.parklaneadvisor.com/
Citigroup Inc.'s stock advanced 2.40%, to close the day at $40.50. The stock recorded a trading volume of 23.49 million shares, above its three months average volume of 19.67 million shares. The company's shares are trading 20.34% below their 50-day moving average. Additionally, Citigroup Inc. traded at a PE ratio of 7.31 and has an RSI of 25.67. The complimentary notes on C can be downloaded in PDF format at:
http://www.parklaneadvisor.com/
On Tuesday, shares in Wells Fargo & Co. recorded a trading volume of 18.87 million shares, higher than their three months average volume of 16.98 million shares. The stock ended the day 1.26% higher at $48.26. Shares of the company traded at a PE ratio of 11.48. The company is trading below its 50-day and 200-day moving averages by 9.69% and 10.97%, respectively. Furthermore, shares of Wells Fargo & Co. have an RSI of 36.62. Register for free on Park Lane Advisor and access the latest research on WFC at:
http://www.parklaneadvisor.com/
JPMorgan Chase & Co.'s stock finished Tuesday's session 2.55% higher at $57.08. A total of 17.53 million shares were traded, which was above its three months average volume of 16.49 million shares. JPMorgan Chase & Co.'s shares have advanced 0.89% in the past one year, but the shares have declined 14.69% over the last one month. The company's shares are trading below their 50-day and 200-day moving averages by 10.49% and 11.00%, respectively. JPMorgan Chase & Co.'s stock traded at a PE ratio of 9.28 and has an RSI of 37.19. The complete research on JPM is available for free at:
http://www.parklaneadvisor.com/
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