Financial Sector Equities Technical Study -- Research on KKR and Co., Legg Mason, Fortress Investment, and T. Rowe Price

LONDON, June 3, 2014 /PRNewswire/ --

On Monday, June 2, 2014, the NASDAQ Composite ended at 4,237.20, down 0.13%, the Dow Jones Industrial Average edged 0.16% higher to finish the day at 16,743.63, and the S&P 500 closed at 1,924.97, up 0.07%. During the session gains in the Materials, Industrials, and Consumer Discretionary sectors positively impacted the broader market, while some retraction came in from Consumer Staples, Energy, and Information Technology sectors. The S&P 500 Financials Sector Index ended the day at 300.59, up 0.27%, with the index advancing 1.44% in the last one month. Investor-Edge has initiated coverage on the following equities: KKR & Co. L.P. (NYSE: KKR), Legg Mason Inc. (NYSE: LM), Fortress Investment Group LLC (NYSE: FIG) and T. Rowe Price Group Inc. (NASDAQ: TROW). Free technical research on KKR, LM, FIG and TROW can be downloaded upon signing up at:

http://www.investor-edge.com/3340-register

On Monday, shares in KKR & Co. L.P. recorded a trading volume of 2.94 million shares, higher than its three months average volume of 2.76 million shares. The stock ended the day at $22.90, which was 0.75% above its previous day's closing of $22.73, and registered an intraday range of $22.62 and $23.03. Shares of the company traded at a PE ratio of 1.68. KKR & Co. L.P.'s stock has fallen by 0.04% in the previous three trading sessions, 0.26% in the last one month, and 5.92% on YTD basis. The stock is trading above its 200-day moving average of $22.84, while the 200-day moving average is below its 50-day moving average of $22.94. Furthermore, shares of KKR & Co. L.P. have a Relative Strength Index (RSI) of 47.41. Sign up today to read free research on KKR at:

http://www.investor-edge.com/3340-KKR-03Jun2014.pdf

Legg Mason Inc.'s stock finished the Monday's session 0.57% higher at $49.12. A total of 0.53 million shares were traded, which was below its three months average volume of 1.14 million shares. The stock vacillated between $48.32 and $49.16 during the session. Over the last one month and over the previous three months, Legg Mason Inc.'s shares have advanced 5.09% and 6.88%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 12.97%. The company's stock is trading above its 50-day and 200-day moving averages of $47.14 and $41.43, respectively. Legg Mason Inc.'s stock traded at a PE ratio of 22.64 and has of an RSI 58.90. Sign up today to read free research on LM at:

http://www.investor-edge.com/3340-LM-03Jun2014.pdf

On Monday, shares in Fortress Investment Group LLC fluctuated between $7.11 and $7.35 before ending the session 1.83% higher at $7.23. The stock reported a trading volume of 2.40 million shares, close to its three months average volume of 2.42 million shares. Shares of the company traded at a PE ratio of 11.85. Fortress Investment Group LLC's shares have advanced 2.84% in the previous three trading sessions, while the stock has fallen by 2.95% in the last one month and 15.54% on YTD basis. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $7.91 is greater than its 50-day moving average of $7.20. Moreover, shares of Fortress Investment Group LLC have an RSI of 50.59. Sign up today to read free research on FIG at:

http://www.investor-edge.com/3340-FIG-03Jun2014.pdf

On Monday. shares in T. Rowe Price Group Inc. edged 0.25% higher, to close the day at $81.73. The stock recorded a trading volume of 0.69 million shares, below its three months average volume of 1.34 million shares. The stock oscillated between $80.86 and $81.80 during the session. Over the last three trading sessions and over the past three months, T. Rowe Price Group Inc.'s shares have advanced 0.62% and 0.69%, respectively. However, the stock has fallen by 2.44% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $81.03 and $78.63, respectively. Additionally, shares of T. Rowe Price Group Inc. traded at a PE ratio of 21.01 and has an RSI of 54.50. Sign up today to read free research on TROW at:

http://www.investor-edge.com/3340-TROW-03Jun2014.pdf

===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. 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.

4. 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 [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge 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
Investor-Edge 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
Investor-Edge 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 Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge 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.

http://www.investor-edge.com/

SOURCE Investor-Edge

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.