LONDON, May 15, 2014 /PRNewswire/ --
On Wednesday, May 14, 2014, the NASDAQ Composite ended at 4,100.63, down 0.72%, the Dow Jones Industrial Average finished the day 0.61% lower at 16,613.97, and the S&P 500 closed at 1,888.53, down 0.47%. During the trading session, five out of ten sectors finished negative. The S&P 500 Financials Sector Index ended the day at 295.48, down 0.77%, while the index has advanced 2.21% in the last one month. Investor-Edge has initiated coverage on the following equities: Ares Management L.P. (NYSE: ARES), MCG Capital Corporation (NASDAQ: MCGC), New Mountain Finance Corporation (NYSE: NMFC) and BlackRock Inc. (NYSE: BLK). Free technical research on ARES, MCGC, NMFC and BLK can be downloaded upon signing up at:
http://www.investor-edge.com/2582-register
On Wednesday, Ares Management L.P.'s stock recorded a trading volume of 0.45 million shares. The stock finished the day at $17.15, down 0.29%, and registered an intraday range of $16.90 and $17.38. Ares Management L.P.'s shares have declined 2.50% in the past three trading sessions. Sign up today to read free research on ARES at:
http://www.investor-edge.com/2582-ARES-15May2014.pdf
MCG Capital Corp.'s stock fell by 1.16%, to close Wednesday's session at $3.40, after oscillating between $3.37 and $3.44. The stock recorded a trading volume of 0.95 million shares, above its three months average volume of 0.86 million shares. Over the past three trading sessions, MCG Capital Corp.'s shares have gained 0.59%. However, over the last one month and from the beginning of 2014, the company's stock has declined 7.36% and 22.73%, respectively. The stock is trading below its 50-day and 200-day moving averages. The company stock's 200-day moving average of $4.50 is above its 50-day moving average of $3.62. Further, the company's stock has an RSI of 45.72. Sign up today to read free research on MCGC at:
http://www.investor-edge.com/2582-MCGC-15May2014.pdf
On Wednesday, New Mountain Finance Corp.'s stock finished the session 0.98% lower at $14.08. A total of 0.48 million shares were traded, which was close to its three months average volume of 0.45 million shares. The stock moved between $14.00 and $14.21 during the session. Over the previous three trading sessions, shares of New Mountain Finance Corp. have advanced 1.22%. However, the stock has gone down by 1.19% over the last one month and 6.38% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $14.62 is greater than its 50-day moving average of $14.48. New Mountain Finance Corp.'s stock traded at a PE ratio of 9.71 and it has an RSI of 46.24. Sign up today to read free research on NMFC at:
http://www.investor-edge.com/2582-NMFC-15May2014.pdf
Shares in BlackRock Inc. fluctuated between $301.17 and $304.06 before ending Wednesday's session down 0.38%, at $301.80. The company's stock reported a trading volume of 0.47 million shares, below its three months average volume of 0.70 million shares. Further, BlackRock Inc.'s shares have gained 1.12% over the last one month. However, the stock has fallen by 0.41% over the past three months and 4.64% on YTD basis. The stock is trading above its 200-day moving average. The stock's 50-day moving average of $304.41 is greater than its 200-day moving average of $295.50. Moreover, shares of the company traded at a PE ratio of 17.53 and have an RSI of 50.75. Sign up today to read free research on BLK at:
http://www.investor-edge.com/2582-BLK-15May2014.pdf
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